AsianOil - Asia Oil & Gas
Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan
The Republic of the Congo’s President Denis Sassou-Nguesso is diversifying the West African country’s oil and gas partnerships in search of reliable allies to explore its substantial reserves.
LNG reigns supreme in low-carbon bunkering
Geopolitical strains fail to spur sustained rise in oil prices
Despite the combustible backdrop of armed conflicts near major oil producers, including Russia and Iran, oil markets have not experienced a sustained price increase.
Pertamina Hulu Energi refines development scenarios for GQX oil prospect
PT Pertamina Hulu Energi is refining development scenarios for the GQX oil prospect, a key component of the Offshore North West Java Block
What next for oil markets after Iranian strike on Israel?
For the time being, traders have apparently shrugged off fears of a direct war between Israel and Iran, but escalation is still a significant risk.
Pertamina's oil investment plans in Iran face uncertainty amid escalating conflict
The escalating conflict between Iran and Israel has not only triggered travel warnings from many countries but also cast a shadow over investment prospects in the oil-rich region, including plans by Indonesia's state energy company, PT Pertamina.
Indonesia assures stable fuel prices amidst rising global oil tensions
Tutuka Ariadji, the Director General of Oil and Gas at Indonesia's Energy and Mineral Resources Ministry, has offered reassurances that fuel prices at gas stations will remain stable at least until June 2024
AsianOil: Australia's future gas strategy needs to recognise value of LNG, industry says
Niger, CNPC sign $400mn crude oil sale draft deal
PV Drilling rides high on soaring oil prices and rig demand
PetroVietnam Drilling and Drilling Services Corporation reported a robust first quarter of 2024, driven by full utilisation of its rigs and a significant increase in unit rental prices
India braces for economic impact amid Iran-Israel conflict
Economists in India anticipate the conflict could drive crude oil prices above $100 per barrel, but assert that the country is equipped to manage within that price range
PV Power secures $300mn loan for Vietnam's first LNG power plants
PetroVietnam Power (PV Power), Vietnam's second-largest electricity producer, has secured a $300mn short-term loan from Citibank and ING
Pakistan risks US wrath over intent to complete Iran gas pipeline
Iranian President Ebrahim Raisi plans to arrive in Pakistan on April 22 for talks with Pakistani leaders on regional security and improving economic ties and trade. Top of agenda will be the long-planned, long-delayed Iran-Pakistan gas pipeline.
KOGAS teams up with Hyundai on latest LNG pump tech
Korea Gas Corp. (KOGAS) revealed an important partnership with Hyundai Heavy Industries Turbomachinery earlier in the month aimed at advancing the manufacture of a vital component crucial for natural gas extraction infrastructure.
China moves past India as top importer of Russian crude via sea
China has emerged as the foremost purchaser of Russian seaborne crude, outstripping India's import volumes, according to data from energy cargo tracker Vortexa
Multi-billion dollar integrated gas and power project in Vietnam takes FID decision: Mitsui of Japan
Vietnam's long-anticipated mega Block B gas project, a multi-billion dollar endeavour, has reached a final investment decision, as announced by Mitsui, a Japanese joint venture partner in the project
Iranian oil sanctions evasion, illicit cargo bound for Bangladesh for the second time
In a recurring attempt to circumvent international sanctions, illicit Iranian oil is once again en route to Bangladesh, with its anticipated arrival at the Chittagong anchorage scheduled for April 10
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