AsianOil - Asia Oil & Gas
Offshore oil is "the new shale", says Kpler analyst
Offshore oil production “is the new shale,” set to drive future output gains, says Viktor Katona, head of oil analysis at global trade intelligence firm Kpler.
China’s leftover “gutter” cooking oil becomes bio-sustainable aviation fuel wonder
China’s notorious “gutter oil” was once a source of food safety scandals, but has undergone a green revolution that has made it worth more than kerosene.
Russian LPG exports to Asia surge this year
Russia’s exports of LPG to Asian countries including Turkey grew by 45% year on year in the first nine months of 2024, reaching 1.2mn tonnes.
Inpex sheds minority shares in Cash-Maple gas finds off West Australia
Japanese energy group Inpex announced on December 15 it had signed a sales and purchase agreement to divest a portion of its interest in the AC/RL7 block off Western Australia.
Sunda signs MoU to accelerate East Timor gas development
AIM-quoted upstream operator Sunda Energy has signed a memorandum of understanding with East Timor's petroleum ministry and state energy firm TIMOR GAP on accelerating development of the Chuditch gas field on East Timor’s continental shelf.
Rosneft to supply oil to India’s Reliance in a 10-year deal
Rosneft, Russia's state-owned oil company, has struck a significant deal with Reliance Industries Limited (RIL) to supply nearly 500,000 barrels of crude oil daily, marking the largest-ever energy agreement between the two countries
Iranian oil sales to China nosedive as fresh sanctions bite
Iran’s oil exports to China have dropped to a record low in two years, a senior analyst at consultancy HedgePoint said, an indication that recent US sanctions cracking down on Iranian crude have been delivering.
India’s LNG imports up 22% in November
India’s liquefied natural gas (LNG) imports rose to 2.94bn cubic metres (bcm) in November, marking a 21.7% increase year-on-year (y/y), according to provisional data from the Ministry of Petroleum and Natural Gas’ Planning and Analysis Cell
India working on measures to reduce dependency on crude oil imports, minister says
The government has implemented a comprehensive strategy to reduce dependency on crude oil imports and transition towards a gas-based economy, according to Indian Minister of State for Petroleum and Natural Gas, Suresh Gopi.
Singapore explores scalable LNG solutions for marine refuelling
The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals to expand liquefied natural gas (LNG) bunkering capabilities
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