AsianOil - Asia Oil & Gas

Japan may consider Alaska LNG investment for sake of good US relations

Japanese Prime Minister Shigeru Ishiba is expected to meet US President Donald Trump this week in Washington for the purpose of reaffirming political and trade relations. One item on the agenda may be Japanese investment in the Alaska LNG project.

Petronas to shut down 500km Sabah to Sarawak gas pipeline

Malaysia’s state-owned energy giant, Petronas, has revealed plans to decommission the Sabah to Sarawak Gas Pipeline, a 500km long piece of infrastructure linking Kimanis in Sabah to Bintulu in Sarawak.

Saudi fund extends $1.2bn Pakistan oil financing deal

Singaporean oil firm linked to Myanmar military junta comes under attack

Singapore-based oil firm Interra Resources comes under pressure to cease operations in Myanmar,

Japan to benefit from more US LNG production, JERA says

Major LNG importer Japan stands set to benefit from improved energy security if US LNG production increases under Donald Trump’s presidency, Japan’s biggest LNG purchaser JERA says.

SeaBird Exploration and Singapore’s Energy Drilling to merge

Marine seismic company SeaBird Exploration and Singapore-based tender drilling rig specialist Energy Drilling have agreed to merge in a share-for-share transaction, establishing a broader offshore oil and gas services entity

India allocates $646mn for strategic oil reserves

India will provide INR 55.97bn ($646.78mn) to purchase oil for its strategic petroleum reserves

Indian Oil Corp faces potential drop in Russian oil imports due to new US sanctions

Indian Oil Corp (IOC), the largest refiner in the country, may experience a decline in Russian oil imports for the fiscal year ending March 31, following the imposition of new US sanctions on Moscow

Pakistan's oil industry warns of fuel shortage in Lahore as tanker restrictions disrupt supply

The oil industry has warned of an imminent fuel shortage in Lahore due to restrictions on oil tanker movements

Sellers of Iranian oil find new routes in China to bypass US sanctions

Sellers of Iranian crude oil found new destinations for their shipments in China three weeks after a key Chinese port group banned tankers blacklisted by the United States.

South Korean firms join Australian low-carbon project

A consortium of South Korean energy firms led by Korea Southern Power Co. has partnered with Australia’s Pilot Energy to develop the MidWest Clean Energy low-carbon ammonia project in Western Australia’s Perth Basin.

TGS launches KG Basin Mega 3D reprocessing project in India

TGS, a provider of energy data and intelligence, announced on January 28 the launch of its Krishna-Godavari (KG) Basin Mega 3D reprocessing project in India

Indian Oil Corp gets five bids for green hydrogen plant

Indian Oil Corporation (IOCL) has received five bids for establishing a 10,000-tonne-per-year (tpy) green hydrogen plant at its Panipat refinery