AsianOil - Asia Oil & Gas
Bangladesh turns to Singapore in a bid to alleviate energy woes
In a significant effort to address Bangladesh's ongoing energy crisis, the interim government in Dhaka has approved the import of two cargoes of LNG from Gunvor Singapore
PPL reaches settlement for Iraqi block termination
Iraq’s Council of Ministers approved a settlement between the Ministry of Oil’s (MoO) Midland Oil Co. (MOC) and Pakistan Petroleum Ltd (PPL) relating to termination of a concession.
Japan signs deal with Italy’s Eni for LNG supply during emergencies
Japan and Italian energy major Eni have agreed in principle to sign a memorandum of understanding to allow Tokyo to purchase LNG from the company during emergencies, the Japanese government revealed.
China reaches an LNG crossroads of sorts
China has reached a dominant position in global energy markets, with an abundant supply of natural gas and the subsequent leverage to dictate its own negotiating terms
VTTI plans investment in Asian LNG terminals
Bloomberg reported last week that VTTI BV CEO Guy Moeyens said there was a huge scope for new terminals in Asia. “There is a lot of potential in India, Bangladesh, Pakistan and the Philippines,” he said.
China, Iranian oil and a possible Israeli attack
Iran’s oil infrastructure is an increasingly important focal point in the escalating tensions in the Middle East, with potential Israeli strikes on Iran’s energy sector raising concerns over the impact on China.
Santos signs mid-term LNG supply deal with TotalEnergies Gas & Power Asia
Australian energy giant Santos has come to an agreement with supermajor TotalEnergies on a mid-term LNG supply deal.
Japanese firms call for methane abatement in LNG supply chain
A group of 22 utilities and trading houses in Japan have joined an alliance aiming to leverage their buying power and put pressure on LNG suppliers to reduce methane emissions in their supply chains.
Oil prices jump 5% after Biden comments on potential Israel-Iran escalation
Crude oil prices surged 5% on October 3 after President Joe Biden said the United States was "discussing" the possibility of Israel striking Iran's oil industry.
Kazakhstan eyes higher gas exports to China
Kazakhstan wants to boost gas production, but in the nearer term, imports from Russia could help support greater exports to China.
Australia places faith in gas and CCS
The Future Gas Strategy is pragmatic, recognising that role that natural gas will play throughout the energy transition, and stressing the need for carbon capture and storage (CCS) to abate its emissions.
Excelerate strikes deal with PetroVietnam on FSRU solutions
New York-listed Excelerate Energy has signed an agreement with Vietnam’s state oil and gas company PetroVietnam on exploring technical solutions involving FSRUs for importing LNG into the Asian country.
Data centre surge in Singapore reflected in increased imports of LNG
Singapore is set to experience a short-term rise in demand for LNG, in part driven by the recent artificial intelligence boom and the resulting expansion of data centres
MISC signs deal with Samsung Heavy for LNG carriers, Petronas inks charter agreements
MISC Bhd has secured a shipbuilding contract with Samsung Heavy Industries Co Ltd to construct two new liquefied natural gas (LNG) carriers, set for delivery in 2027
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