AsianOil - Asia Oil & Gas

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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)

Strike, Warrego score gas trifecta at WA block

11 September 2019

Australian independent Strike Energy announced on September 6 that natural gas had been discovered in all of onshore Block EP 469’s three formations.

Pertamina seeks partner to develop Rokan oil block

11 September 2019

Indonesia’s state-owned Pertamina is looking for a strategic partner to help boost output from the Rokan oil block as it gears up to take over the licence in 2021.

Iran, Saudi Arabia vie for India’s affections

10 September 2019

Middle Eastern rivals Iran and Saudi Arabia have expressed their commitment to supplying India with oil and gas as they vie to deepen their relationships with the world’s third largest energy consumer.

Gunvor bids low in Pakistani LNG tender

10 September 2019

Gunvor has reportedly emerged as the lowest bidder for most of the cargoes in Pakistan’s recent spot liquefied natural gas (LNG) supply tender.

CNPC subsidiary reportedly suspends work on Sinovensa expansion project

9 September 2019

Venezuela’s plans for expanding the production capacity of Sinovensa, a joint venture between the national oil company (NOC) PdVSA and China National Petroleum Corp. (CNPC), may be suffering a setback.

Phoenix says talks with CNOOC on LNG JV ongoing

4 September 2019

The Philippines’ Phoenix Petroleum, which is headed by businessman Dennis Uy, has denied reports that China National Offshore Oil Corp. may pull back from the two companies’ planned LNG joint venture.

PNG finally backs Papua LNG deal

4 September 2019

The Papua New Guinea (PNG) government has said it will honour the terms of the Papua LNG gas agreement, after months of mixed messaging that had left the project’s future in doubt.

China calls for greater domestic gas production

4 September 2019

The Chinese government has released a new report calling for a ramp-up in natural gas production in order to boost national energy security.

ConocoPhillips signs new PSC for East Timor gas field

4 September 2019

US super-major ConocoPhillips has signed a new production-sharing contract (PSC) for East Timor’s Bayu Undan natural gas field.

PTT seeks Middle Eastern partners

3 September 2019

Thailand’s state-run PTT is in talks with Middle Eastern oil and gas producers to help meet the Southeast Asian country’s growing energy demand, company CEO Chansin Treenuchagron has said.

JGC wins EPC contract for Philippine LNG project

3 September 2019

Philippine power utility First Gen has awarded an engineering, procurement and construction (EPC) contract for the Batangas liquefied natural gas (LNG) project to Japanese engineering outfit JGC.

PetroChina profits climb on stronger sales

3 September 2019

State-run PetroChina has recorded a 3.6% year-on-year increase in its first-half net profit to CNY28.42bn ($3.96bn) on the back of stronger oil and gas sales.

India mulls loan for northeastern pipeline project

3 September 2019

The Indian government is reportedly considering an INR54bn ($748mn) loan to fund a new natural gas pipeline that will connect several major cities in the country’s north-east.

OVL seeks extension to block offshore Vietnam

3 September 2019

India’s state-run ONGC Videsh Ltd (OVL) has reportedly sought a two-year extension to a block offshore Vietnam, which lies partly in waters claimed by China.

OGNC plans OALP development spending

3 September 2019

India’s state-owned Oil and Natural Gas Corp. (ONGC) has reportedly drawn up a four-year, $400mn development plan for blocks won in the country’s first three Open Acreage Licence Programme (OALP) bid rounds.

ATO demands $509mn from Shell

28 August 2019

The Australian Taxation Office (ATO) has demanded that Royal Dutch Shell pay a A$755mn ($509.3mn) bill for unpaid taxes on its stake in the Browse natural gas project offshore Western Australia.

Pakistani upstream boosted by new onshore discoveries

28 August 2019

Testing of two new discoveries at one of Pakistan’s most prolific blocks has provided a much-needed boost to the country’s beleaguered upstream.

Sinopec’s H1 profit falls 25%

28 August 2019

China’s state-run Sinopec Corp., Asia’s largest refiner, saw its first-half net profit shrink 24.7% year on year to CNY31.34bn yuan ($4.38bn) on the back of heightened domestic competition.

Eni wins exploration block offshore Indonesia

28 August 2019

A consortium led by Italian major Eni has won an offshore exploration block in Indonesia’s second bid round of conventional fields for 2019.

India launches block offer as output declines

28 August 2019

The Indian government has offered seven new exploration acreages under the fourth Open Acreage Licensing Policy (OALP) bid round as it strives to boost a steady decline in national oil and gas production.

BCPL to invest in Indian FSRU

27 August 2019

India’s Bharat Petroleum Corporation Ltd (BPCL) has unveiled plans to build an offshore LNG import terminal at Krishnapatnam in Andhra Pradesh.

ONGC plans Gujarat drilling campaign

27 August 2019

India’s state-run Oil and Natural Gas Corp. (ONGC) intends to drill 46 exploration wells in 12 onshore blocks in Gujarat State.

India expands gas infrastructure, mulls LNG price review

27 August 2019

India’s efforts to spur consumption of natural gas is helping to attract billions in investment, but a growing reliance on foreign supplies is driving the government to review its long-term import contracts.

Edited by

Andrew Kemp

Editor

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