AsianOil - Asia Oil & Gas
Excelerate Energy supplies two LNG cargoes to Bangladesh in November
US-based Excelerate Energy delivered two liquefied natural gas (LNG) shipments to Bangladesh's state-run Petrobangla in November.
Santos vows to return 60% of free cash flow to shareholders
Australian energy producer Santos unveiled a new capital allocation framework earlier this month, committing to return at least 60% of all-in free cash flow to shareholders from 2026.
Proposed limits to seismic surveys put Australian energy security at risk, warns industry body
Australia's energy security is at risk if decision-makers disregard the science behind seismic surveys, a critical tool for exploring and developing new gas supplies.
Vintage hails strong progress in past year on Cooper Basin projects
Sydney-listed Vintage Energy has highlighted significant progress in its operations over the past year, including a 45% increase in proven and probable reserves to 12.6mn barrels of oil equivalent.
West Australia unveils CCUS Action Plan
The Western Australian government has announced its first carbon capture, utilisation and storage (CCUS) action plan, positioning the state as a global frontrunner in carbon management.
Valeura wraps up five-well programme at Thailand's Jasmine field
Canada’s Valeura Energy has successfully completed a five-well infill drilling programme at its offshore Jasmine field in the Gulf of Thailand.
BP dishes out contracts for $7bn Tangguh LNG expansion in Indonesia
BP has awarded multi-billion contracts to Japanese engineering and construction giant JGC and a partnership between Italy’s Saipem and Jakarta-based Meindo Elang for its Tangguh LNG expansion project in Indonesia.
Indian Oil renews annual crude oil import agreement with Iraq for 2025
Indian Oil Corporation (IOC), India’s largest government-owned oil and gas refining company, has renewed its annual crude oil import agreement with Iraq for 2025, maintaining the agreed volume at 21mn tonnes.
Swiss power producer Axpo ponders Japanese LNG investment
Axpo, a Baden-based power producer and trader, is reportedly exploring potential investments in Japan's electricity and LNG markets as the Northeast Asian country’s evolving power sector drives demand for hedging and spot LNG supply.
India looks ready to overtake China and the US on oil consumption rankings
India is now expected to move past the United States, China, and also the European Union to become the world’s largest oil consumer
Bangladesh to issue international tenders for offshore gas exploration
Bangladesh’s interim government will issue international tenders for offshore gas exploration on December 9 and for onshore reserves, including hilly areas, in March next year.
Woodside’s Pluto LNG plant shut down due to fault in control system
Australia’s Woodside Energy shut down the company’s Pluto LNG facility on November 25 because of a fault in the plant’s control system.
China completes East-Route gas pipeline, enabling distribution of more Russian gas
The National Oil and Gas Pipeline Network Group (PipeChina) has completed the East-Route gas pipeline, which will enable Russian gas delivered through the Power of Siberia-1 pipeline to be shipped as far south as Shanghai.
South Korean firms eye US LNG boom under incoming Trump White House
South Korean energy and shipbuilding giants are ramping up efforts to capitalise on a much awaited surge in the US LNG market.
Shell Indonesia denies reports of nationwide gas station closures
PT Shell Indonesia has dismissed viral rumors claiming that it plans to shut down all its public fuel filling stations (SPBU) in the country.
BP commits $7bn to boost Indonesia’s energy sector with Tangguh UCC project
British Petroleum (BP) has pledged an investment of $7bn to advance Indonesia's Tangguh Ubadari, Carbon Capture Utilisation & Storage (CCUS), and Compression (UCC) projects
Velesto Energy concludes removal of sunken NAGA 7 rig off Sarawak coast
Velesto Energy has announced the successful removal of its NAGA 7 jackup drilling rig, which sank off Sarawak in May 2021.
Gwalior hosts India’s first self-sufficient cowshed with bio-CNG plant
n October 2 this year, Indian Prime Minister Narendra Modi inaugurated a 100-tonnes-per-day (tpd) compressed biogas (CBG) plant in Gwalior, Madhya Pradesh, the government announced on November 22.
Brunei plans to export LNG to Bangladesh
Brunei has proposed exporting 12 to 18 liquefied natural gas (LNG) cargoes annually to Bangladesh under a 10-year contract, with an option to extend the agreement for an additional five years.
Sapura Energy secures five-year offshore services contract with Petronas Carigali
Sapura Energy Bhd has been awarded a contract by Petronas Carigali Sdn Bhd to deliver offshore maintenance, construction, modification, and hook-up and commissioning services under the Pan Malaysia framework
Indian LNG imports in October up 10.5%
Indian LNG imports in October came in at 2.93bn cubic metres (bcm), up 10.5% year-on-year, according to the latest provisional data released by the Petroleum Planning and Analysis Cell (PPAC) of the Petroleum and Natural Gas ministry.
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