AsianOil - Asia Oil & Gas
Washington says Moscow is supplying fuel to Pyongyang, above and beyond UN sanctions limit
In a revelation with far-reaching international ramifications, the White House has said that Russia has been surreptitiously dispatching refined petroleum to North Korea in quantities that seem to flout a cap imposed by the UN Security Council.
India’s Chhara LNG import terminal pushes back commissioning
Hindustan Petroleum, a unit of India’s state-run Oil and Natural Gas Corporation has reportedly suffered a setback in its commissioning of the Chhara LNG import terminal located in the northwestern state of Gujarat.
During polls India consumes 6.1% more fuel y/y in April
According to data released by the Petroleum planning and analysis cell of the Ministry of Petroleum and Natural Gas, India consumed 6.1% higher volumes of fuel y/y in April 2024
Japan eyes Southeast Asian LNG potential
Japanese companies are ramping up their LNG business in Southeast Asia to help counter a decline in their domestic market, but also to aid in the region's shift towards LNG and the anticipated surge in demand this is expected to bring
CNOOC starts production at another Bohai field
China’s state-owned CNOOC has launched production at another gas field in the Bohai Sea off the coast of China.
What do EU methane rules mean for global gas suppliers?
There is particular complexity in how the rules will be applied for US LNG exports, as exporters often do not produce the gas that they supply globally, and lack the data on emissions upstream.
State-owned oil company Pertamina reveals measures in response to geopolitical uncertainty and rupiah depreciation
PT Pertamina, the state oil and gas company, has taken a proactive stance by implementing a series of strategic measures
Disruptions in natural gas supply threaten Indonesia's ceramic industry
The Indonesian Ceramic Industry Association has raised alarms over the precarious state of ceramic production in the country, attributing it to disruptions in natural gas supply from PT Perusahaan Gas Negara
Indian imports of Russian oil increase in April as Ukraine strikes Moscow’s refineries
Russia supplied 1.96mn barrels per day(bpd) of crude oil to Indian refineries in April 2024, which is almost 19% more than the amount supplied in March 2024
India's Reliance Industries likely seeks authorisation from US to import Venezuelan crude
India’s Reliance Industries is likely once again seeking a licence from the US authorities to conduct business with Venezuela
Shell in talks to offload Malaysian gas station business to Saudi Aramco
Industry sources, familiar with ongoing discussions reveal that energy titan Shell is engaged in negotiations with Saudi Arabia's state-owned Saudi Aramco regarding the potential sale of its gas station business in Malaysia
Kazakhstan to transit 35 bcm per year of Russian gas to China
Kazakhstan plans to transit 35bn cubic metres per year of Russian gas to China in the future, putting volumes on a par with Russian deliveries to China via the Power of Siberia pipeline.
India approves Russian firms for marine insurance
According to India's Directorate General of Shipping’s website Sogaz Insurance, Alfastrakhovanie, VSK Insurance have been approved by the Government of India to provide marine insurance to oil tankers
Malaysia's looming energy dilemma of overdependence on imported gas threatens future sustainability
Malaysia stands at a critical juncture in its energy landscape, with Economy Minister Rafizi Ramli warning of dire consequences if the nation fails to expedite its transition towards sustainable energy sources
Malaysian PM Anwar Ibrahim clarifies fuel subsidy decision amid speculation
In response to recent speculation regarding the removal of fuel subsidies, Malaysian Prime Minister Anwar Ibrahim clarified that the Cabinet has made no final decision on the matter
Saudi Arabia raises prices for its oil for Asia
The national oil company of Saudi Arabia, Saudi Aramco, has increased the selling prices of its oil for Asian countries from June onwards.
Russian oil deliveries to North Korea break UN sanctions
The US has called for new sanctions on Russia, which has exceed United Nations Security Council (UNSC) sanctions limits on deliveries of oil to North Korea, Reuters reported on May 2.
Singapore's fuel oil reserves hit five-month lows amid supply shifts
Singapore's onshore fuel oil reserves dipped to their lowest levels in over five months in the week ending May 1, marking a second consecutive week of decline, according to data released on May 2
Trans Mountain pipeline expansion opens for business
The Trans Mountain pipeline expansion (TMX) started operating commercially on May 1. This was according to an announcement from the owner Trans Mountain Corp.
Thailand cancels B10 biodiesel, streamlines diesel options
Effective May 1, 2024, Thailand is simplifying its diesel fuel options by cancelling the B10 blend and standardising on two grades: B7 and B20
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