AsianOil - Asia Oil & Gas

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Overview

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. 

We also include “Country Profiles,” offering multi-dimensional analysis on individual regions, from the broad perspective of political and policy news, to on-the-ground information on projects and production via our network of journalists and contributors.

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Read a recent issue cover to cover (click the image below)

Inpex raises full-year profit forecast 17%

12 August 2022

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

12 August 2022

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

12 August 2022

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

12 August 2022

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

12 August 2022

China wants Russia to stop interfering with Kazakh oil exports.

Panama Canal Authority reports LNG tanker transits down 30% in last nine months

10 August 2022

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

9 August 2022

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

9 August 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

9 August 2022

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

9 August 2022

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

9 August 2022

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: CNOOC reports commercial flows from offshore shale well

2 August 2022

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

2 August 2022

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

1 August 2022

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

1 August 2022

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

1 August 2022

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

1 August 2022

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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Edited by

Andrew Kemp

Editor

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