AsianOil - Asia Oil & Gas

Indonesia appoints Simon Mantiri as new President Director of Pertamina

Indonesia’s Ministry of State-Owned Enterprises (BUMN) has appointed Simon Aloysius Mantiri as the new president director of Pertamina, the state-owned energy giant, succeeding Nicke Widyawati, who had led the company since 2018.

US sanctions four Singapore-based LNG firms over alleged ties to Russia’s Novatek

The United States has imposed sanctions on four Singapore-based LNG shipping companies linked to Russian energy producer Novatek, targeting their role in circumventing sanctions on Russia's gas industry

OPEC output rises despite Iraqi cuts as unwinding is pushed back

has pushed back its planned easing of output cuts to the end of the year, just as production has risen despite Iraq’s compensatory efforts

PTLNG signs $182.87mn contract for LNG project in Indonesia

AsianOil: CNOOC enjoys record profit and production in 9M 2024

Global oil supply to see major glut next year: World Bank

Global commodity prices are on track to slump to a five-year low next year, with an oil glut emerging so large that it will largely negate the impact of the Israel-Palestine war escalating into a regional Middle Eastern conflict.

US elections could have impact on global LNG markets

The US election is in its final few days, and Vice President Kamala Harris and ex-President Donand Trump have been in a razor-edge race. The vote, for the US president and much of Congress, is on November 5.

NorthAmOil: US elections could have impact on global LNG markets

Sunda delays Chuditch-2 well off Timor-Leste

AIM-quoted upstream operator Sunda Energy, focused on gas assets in Southeast Asia, has postponed the start of drilling operations for the Chuditch-2 appraisal well off Timor-Leste to the second quarter of 2025.

Indonesia's Chandra Asri forecasts annual revenue boost from Shell Singapore acquisition

PT Chandra Asri Pacific Tbk. (TPIA) expects its recent acquisition of Shell Energy and Chemicals Park Singapore (SECP) to generate an additional annual revenue of approximately $8bn-$10bn, equivalent to IDR128 trillion-IDR200 trillion.

CNOOC enjoys record profit and production in 9M 2024

CNOOC achieved record-high profit and production in the first nine months of this year, the Chinese state offshore oil and gas operator reported on October 28.

AG&P buys take in Australian LNG import project developer

Singaporean firm AG&P LNG has reached an agreement to acquire Venice Energy, an Australian LNG import terminal developer operating the 2mn tonnes per year Outer Harbour LNG project in Adelaide, South Australia.

Aramco mulls Vietnamese downstream investments

Saudi Aramco is eager to invest in Vietnam's oil refinery and petroleum distribution sectors.

Indonesia looks to revive oil and gas industry with reforms and action

The new president of Indonesia, Prabowo Subianto, who was sworn in last week, has called for regulatory reforms and an intensified search for and development of new oil and gas resources in an effort to revive the country’s energy industry.

Malaysia's Petronas eyes expansion in Indonesia

Malaysian state energy giant Petronas has unveiled plans for an expansive growth strategy in Indonesia, targeting a new operations hub in East Java and exploratory investments in the resource-rich eastern regions.

Thailand’s B.Grimm Power on the hunt for LNG

Thailand’s B.Grimm Power, one of the nation’s leading energy companies, is actively pursuing both short-term and long-term supply agreements for LNG supplies to support its expanding energy demands