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AsianOil’s coverage ranges from established oil and gas producers such as Australia, Indonesia, Malaysia, Thailand and Vietnam to the region’s major refining hubs of India, Singapore, South Korea and Japan and countries in between.
Our editorial team is constantly looking for stories that cannot be found elsewhere amongst our competitors. We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the issues that matter.
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NRG: Forward momentum
Welcome to the latest edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
Indonesia’s Kalimantan, Sulawesi set to hit annual lifting targets
SSGCL’s suggested gas price hike draws industry ire
Pakistan’s Sui Southern Gas Company Ltd (SSGCL) has encountered stiff opposition from local industry over its request that the government hike wholesale natural gas prices by 10.6% for financial year 2021-2022.
Chinese firms eye Exxon’s stake in West Qurna-1
China upbeat over winter gas supplies
China’s top economic planner, the National Development and Reform Commission (NDRC), has said the country natural gas supplies will be enough to meet demand during the peak winter heating season.
India's arbitration aversion scares off investors
India’s history of oil and gas sector disputes between the government and private players has dampened foreign investor enthusiasm for the sector.
CNOOC to expand Binhai LNG terminal storage
China National Offshore Oil Corp. (CNOOC) intends to add 1.62mn cubic metres of liquefied natural gas (LNG) storage capacity at its Binhai terminal in Jiangsu Province.
Sinopec’s gas production to slow this year
China’s state-run Sinopec Corp. has revealed that it expects natural gas production growth to slow significantly this year, despite the country’s rising demand for the fuel.
Malaysian state continues quest for greater upstream control
The Malaysian state of Sarawak has said it wants current talks with the federal government to lead to it assuming full control over the state’s oil and gas industry.
Total, Jadestone quit deepwater block in Philippines
Asia-Pacific focused independent Jadestone Energy revealed this week that both it and French major Total have walked away from their deepwater block in the Philippines.
Tellurian reportedly in supply talks with Asian buyers
US-based Tellurian is reportedly in talks with unidentified Asian buyers to sell almost half of its output from its proposed Driftwood LNG terminal on the Gulf Coast.
Papua LNG boosted by new PNG legislation
The Papua LNG project received a major boost last week after the Papua New Guinea (PNG) government passed six pieces of legislation that will allow operator Total to proceed with the $20bn development.
Australian oil and gas job count reportedly shrink 25%
That Australia’s oil and gas sector has been rocked by the COVID-19 pandemic was never in question, with companies large and small posting some painful results over the course of this year.
FAR arranges to sell Sangomar holdings to OVL
Australia’s FAR Ltd has agreed to sell its minority stake in RSSD, the joint venture set up to develop the Sangomar block offshore Senegal, to India’s ONGC Videsh Ltd (OVL).
CCS technology gains momentum
NRG: Fading optimism
Progress in US-China LNG trade as first new deal is unveiled
China’s Foran Energy Group has agreed to buy 26 cargoes from US LNG exporter Cheniere Energy in a move that signals improving trade relations between the two countries.
Sino-Australian spat sinks LNG stake sale
Deteriorating bilateral relations between China and Australia have forced Woodside Petroleum to shelve plans temporarily to sell a stake in a liquefied natural gas (LNG) project and associated gas field to Chinese investors.
Indonesia pursues foreign upstream investment
The Indonesian government is pursuing foreign investment in the country’s upstream by touting a new exploration bid round slated for 2021.
Australian upstream finds itself increasingly isolated politically
The Australian upstream is struggling to find support on either side of the parliamentary divide for its vision of the country’s natural gas future.
Jemena signs pipeline deal with Tamboran
With activity in the Northern Territory’s shale gas fields picking up in the wake of the COVID-19 pandemic, industry excitement over the region’s potential is also building.
Beach’s upstream push continues
ICE signs MoU to consider using Murban futures for US crude sales to Asia
The Intercontinental Exchange (ICE) has signed a memorandum of understanding with Chevron, Occidental Petroleum and Trafigura on using the upcoming Murban futures contract to price US crude oil being sent to Asia.
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