AsianOil - Asia Oil & Gas
BP’s Pan American targets Asian buyers for Argentina project
BP’s Pan American Energy will aim to sign supply contracts with Asian buyers from its floating LNG project, the company’s vice president Rodolfo Freyre told an audience at the annual Gastech conference in Houston.
TotalEnergies extends SPA with CNOOC, guarantees delivery of 1.25mn tpy
TotalEnergies has extended its sales and purchase agreement with China’s CNOOC for an additional five years, ensuring the delivery of 1.25mn tonnes of LNG per year until at least 2034.
Resale of Aussie gas by Japanese buyers draws criticism
Shipments of Australian LNG, originally contracted for Japan, are being diverted to other countries such as Thailand, Taiwan and also Indonesia.
India to launch 10th OALP licensing round in early 2025
The bidding round will very likely include regions that were previously designated as ‘no go’ areas, where exploration and production were restricted due to strategic reasons.
Falling oil prices could save Pakistan $3-$3.5bn annually
Pakistan could potentially save between $3 and $3.5bn annually on energy imports due to declining oil prices.
Russia’s gas giant Gazprom and China expand Power Siberia supplies
Russian state-controlled natural gas giant Gazprom and China's CNPC on September 20 signed an additional agreement to the existing contract for gas supplies via the ‘eastern’ route of the Power of Siberia (Sila Sibiri) pipeline.
PANNIER: The great mirage that is the TAPI gas pipeline
With great fanfare, construction was for a second time launched in Afghanistan, but you’ll struggle to find any observer who thinks the project is going anywhere fast.
Nepal seeks Indonesian investment in hydropower sector during bilateral talks
Nepal is actively encouraging Indonesia to invest in its hydropower sector, a crucial component of the South Asian nation's energy landscape
Fuel prices set to rise: Philippines faces new adjustments amid global pressures
Starting on September 24, fuel prices in the Philippines are set for an increase, as major oil companies including Seaoil, CleanFuel, Petro Gazz, and Shell Pilipinas have announced adjustments in their per-litre costs.
Cambodia spends over $1.6bn on oil imports in first eight months of 2024
Cambodia’s imports of diesel fuel and petroleum oils reached $1.66bn in the first eight months of 2024, reflecting an 18% increase from the same period last year, the General Department of Customs and Excise reported on September 22
Oiltek secures MYR5.94mn in contracts across multiple regions
Catalist-listed Oiltek International has landed new contracts totaling approximately MYR19.5mn ($5.94 million) from Africa, Central America, and Malaysia.
Mitsubishi, ExxonMobil mulling collaboration on world’s largest low-carbon project
Japan’s Mitsubishi Corp. has inked a deal with ExxonMobil for acquisition of a stake in the oil company’s huge blue hydrogen and ammonia project planned for Baytown, Texas.
More QatarEnergy LNG carriers to be built in China
In a coup over Korea for its shipbuilding industry, China has agreed a major deal with Qatar for six very large, advanced LNG carriers.
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