AsianOil - Asia Oil & Gas

19 June 2024

China’s LNG imports rise again in May

18 June 2024

China imported 6.57mn tonnes of LNG in May, marking a 3.4% rise in May compared to May 2023.

Shell snaps up Asian LNG trader Pavilion

18 June 2024

Shell has reached a deal to buy Singapore-based LNG trader Pavilion Energy, in a move that will further strengthen the UK major’s lead position in global LNG.

TotalEnergies divests Brunei upstream unit

18 June 2024

TotalEnergies has reached a deal to sell its Brunei-based upstream subsidiary to Malaysian independent Hibiscus Petroleum for $259mn.

Oil spill blackens Singapore's Southern shores after dredger hits tanker

18 June 2024

Singaporean authorities reported that a dredger boat experienced a sudden loss of engine and steering control, leading to a collision with a stationary cargo tanker and causing an oil spill that has impacted parts of the city-state's southern shores

TotalEnergies sells Brunei subsidiary to Hibiscus Petroleum for $259mn

18 June 2024

TotalEnergies has announced the sale of its wholly-owned subsidiary, TotalEnergies EP, to Hibiscus Petroleum for $259mn, with the transaction expected to close in the fourth quarter of 2024

Solar power giants producing more power than Big Oil, says Bloomberg columnist

18 June 2024

Solar power giants are producing more energy than Big Oil, says a new analysis by a Bloomberg columnist.

Qatarenergy signs another 10-year naphtha supply deal

17 June 2024

State-owned QatarEnergy this week signed another deal to supply naphtha to an Asian customer, this time agreeing to supply India’s Haldia Petrochemicals Ltd (HPL) with up to 2mn tonnes over 10 years.

Canada poised to stake bigger claim in northeast Asia’s LNG market

17 June 2024

Canada’s LNG industry is set to play the role of a crucial supplier to Asian buyers, according to industry participants at the Global Energy Show in Calgary.

President Jokowi engages South Korea-UAE delegation on potential oil refining investments

14 June 2024

On June 12, President Joko Widodo welcomed a delegation from the South Korea-United Arab Emirates Business Association at Merdeka Palace in Jakarta to discuss potential investments in Indonesia’s oil refining sector