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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.
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Read a recent issue cover to cover (click the image below)
Inpex raises full-year profit forecast 17%
Japan’s Inpex raised its profit forecast for the whole of 2022 by 17% this week. This came after higher oil prices and the depreciation of the yen against the US dollar boosted the company’s earnings in the first half of the year.
Keppel terminates contracts with three customers
Singapore’s Keppel said last week that it had terminated three contracts with separate customers, relating to construction of two rigs and a liftboat.
Shell postpones Prelude turnaround amid industrial action
Shell said this week that it was postponing planned maintenance on the Prelude floating LNG (FLNG) project offshore Australia.
Senex unveils Surat Basin gas expansion plans
Australia’s Senex Energy has said it will invest more than AUD1bn ($710mn) into an expansion of its Atlas and Roma North gas projects in Queensland’s Surat Basin.
Perspectives | Beijing and Moscow clash over Kazakhstan’s oil
China wants Russia to stop interfering with Kazakh oil exports.
South Korea bumps up LNG spot market purchases
India's Petronet suspends LNG supply talks with Qatar
Panama Canal Authority reports LNG tanker transits down 30% in last nine months
The deputy administrator of the Panama Canal Authority (PCA) has said that the number of LNG tankers passing through the Panama Canal had dropped by nearly a third over the last nine months.
South Asia’s energy crisis set to worsen
The energy crisis gripping South Asia looks set to worsen as fuel suppliers increasingly hold back from selling oil to the region.
PTTEP’s profit up 54% y/y in first half of 2022
Thailand’s state-owned PTT Exploration and Production (PTTEP) has posted a net profit of $918mn for the first half of 2022.
CNOOC completes floatover installation at largest offshore platform
China National Offshore Oil Corp. (CNOOC) said on August 1 that it had completed floatover installation work at the Enping 15-1 platform, which is Asia’s largest offshore platform.
Petronas partners with South Korean firms on CCS opportunities
Malaysia’s Petronas said on August 2 that it had signed a memorandum of understanding (MoU) with six South Korean companies that will see them collaborate on carbon dioxide (CO2) capture, transport and storage.
AsianOil: Petronas partners with South Korean firms on CCS opportunities
Malaysia’s Petronas said on August 2 that it had signed a memorandum of understanding (MoU) with six South Korean companies that will see them collaborate on carbon dioxide (CO2) capture, transport and storage.
McDermott, KBR sign ammonia licensing agreement
Malaysian energy exports on the up
OPEC members boost July output, agree small uptick
Mitsui, Mitsubishi cut stakes in Sakhalin-2 LNG, buyers asked to change payment scheme
AsianOil: CNOOC reports commercial flows from offshore shale well
China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.
Strike prepares for FIDs following reserve upgrade
Strike Energy is targeting final investment decisions on the West Erregulla and Walyering projects in Australia after reserves at both projects were increased.
BPMA confirms spudding of Rencong-1X well offshore Indonesia
Badan Pengelola Migas Aceh (BPMA), the upstream authority of Indonesia’s Aceh Province, confirmed on July 28 that Repsol had spudded the Rencong-1 well in waters off the province’s coast earlier that month.
Viva makes progress on infrastructure for Australian LNG import terminal
Viva Energy said on July 27 that it had entered into commercial agreements with GeelongPort for the provision and construction of pier and berthing infrastructure for its planned LNG import terminal at the Port of Geelong in Victoria, Australia.
Indian government gives BPCL green light to invest $1.6bn more in Brazilian deepwater project
The government of India has authorised Bharat Petroleum Corp. Ltd (BPCL) to invest another $1.6bn in BM-SEAL-11, a deepwater Brazilian oil block.
CNOOC reports commercial flows from offshore shale well
China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.
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