AsianOil - Asia Oil & Gas
GECF bullish on natural gas as "integral" to energy mix for decades to come
“We are convinced now more than ever that natural gas is not just a bridge to the future. It is an integral part of the future,” GECF Secretary General Mohamed Hamel said.
Shell launches fourth phase of deepwater Malaysian project
Shell has commenced production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater development off the coast of Malaysia.
Shell gets environmental greenlight for work at Australia's Crux gas project
The project will help maintain the current liquefaction level at Prelude LNG for longer.
Australia's AGIG cuts emissions by 18%, makes progress with green gases
Australian Gas Infrastructure Group has published its 2024 environmental, social and governance report, outlining progress towards its emissions reduction and renewable gas targets.
Thai petroleum auctions could one day boost nationwide energy security
Thai authorities are optimistic about the potential development of nine new petroleum fields, a move seen as crucial in strengthening the country's long-term energy security.
Shell sees oil production from deepwater site off Borneo
Shell has started production from the latest phase of its deepwater oil project off the coast of Malaysia, marking another step in the company’s long sought after focus on fossil fuel output.
Indonesia plans $12.5bn refinery with 530,000 bpd refinery, plus small-scale LNG
The government has announced its intention to build a new refinery, and there are also plans to develop a small-scale domestic LNG distribution facility that will fuel power generation plants
TEIF 2025: Global partnership, investment and development
The International Forum to Attract Foreign Investments in Turkmenistan’s Economy (TEIF 2025) is scheduled to take place on April 23-24 this year.
India working on increasing supply of gas to gas-based power plants
The Indian government is working to increase the gas supply to gas-based power plants as these plants operate at very low plant load factor (PLF), minister of state for petroleum and natural gas Suresh Gopi said in the parliament on March 10
Indonesian palm oil company TSE Group builds South Papua’s first biogas plant to cut emissions
Tunas Sawa Erma (TSE) Group, a palm oil company, is constructing South Papua’s first biogas plant as part of its commitment to reducing carbon emissions and supporting the transition to green energy
Bangladesh calls on Kuwait to invest in a joint venture to establish crude oil refinery
Chief Advisor of Bangladesh’s interim government Muhammad Yunus has called on Kuwait to invest in a joint venture to establish a crude oil refinery in the country
Cambodia's LNG plans face energy security, cost challenges
Cambodia’s plans to develop liquefied natural gas (LNG)-fired power generation face significant challenges related to energy security, affordability, and long-term sustainability.
FIVE Petroleum Malaysia expands in Uzbekistan
FIVE Petroleum Malaysia is advancing its expansion into Uzbekistan by launching a comprehensive due diligence process in Namangan, reinforcing its commitment under a memorandum of understanding (MoU) signed with Afsona LLC Group
Oman, Pakistan discuss petchem trade
Oman’s Consul General Sami Abdullah Salim Al Khanjari has offered an invitation to Pakistan’s business community to search for potential investment opportunities with Oman – with a particular focus on the country’s petrochemical sector.
Indian Gas Exchange reports 27% jump in February trading volume
During the month Indian Gas Exchange traded 196 mmscm gas volume, higher by 27% year-on-year, IGX said in a press release.
MedcoEnergi strikes hydrocarbons in South Sumatra’s Rimau block
PT Medco Energi Internasional (MedcoEnergi), through its subsidiary PT Medco E&P Rimau, has announced a hydrocarbon discovery in the West Kalabau-1 exploration well, located in the Rimau Block, South Sumatra
Vitol secures 10-year LNG supply deal with the Philippines
Vitol, a leading global energy trader, has signed a decade-long agreement to supply liquefied natural gas (LNG) to the Philippines, commencing in 2025.
Iranian oil sales rebound 50% after January slump, but storage piles up
Iran’s oil exports surged by 50% last month, bouncing back after a nosedive in January, a maritime monitoring service that tracks shipments and oil storage said.
CNOOC prepares to launch new Chinese refinery in June
CNOOC is set to bring an expanded joint venture refinery into operation around June, marking a further step in its refining and petrochemicals expansion.
Pakistan faces gas shortages, load-shedding during Ramadan
Gas shortages in Pakistan are expected to lead to rounds of load-shedding, potentially disrupting Ramadan celebrations. The prime minister has directed gas companies to ensure an uninterrupted supply.
Valeura wraps up drilling campaign off Thailand
Valeura Energy has completed an infill drilling campaign at the Manora field in the Gulf of Thailand, increasing oil production and identifying potential future development targets.
ConocoPhillips cleared to drill off Victoria
ConocoPhillips has secured regulatory approval to drill up to six exploratory gas wells in the Otway Basin, off the south-west coast of Victoria in Australia.
Inpex says demand exceeds output for Abadi LNG project
Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.
Indian gas company GAIL floats tender for nine LNG cargoes
Indian state-owned gas company GAIL has floated a tender seeking nine cargoes of liquefied natural gas (LNG) to be delivered over three years
National Dairy Development Board, Sustain Plus to develop biogas projects in India
The National Dairy Development Board (NDDB) and Bangalore-based NGO, Sustain Plus, will collaborate to develop biogas plants in India, Sustain Plus said in a press release dated March 4.
Sinopec’s moves in Sri Lanka offer energy security, but raise questions
Sinopec is to invest $3.7bn in an oil refinery in southern Sri Lanka, raising concerns among some observers who fear that China’s Belt and Road Initiative (BRI) could ultimately lead to the facility one day being outright Chinese-owned.
China’s oil imports rebound on the back of tanker reshuffle
After falling to a two-year low last month, China’s imports of Russian and Iranian oil are set for a resurgence in March as a major reshuffling of tanker fleets is set to permit non-sanctioned vessels to resume shipments of discounted crude.
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