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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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CNOOC brings on stream new South China Sea field
China’s state-owned CNOOC has launched production at the Enping 21-4 oilfield in the eastern South China Sea.
Santos shares jump on report of Saudi Aramco, ADNOC interest
Shares in Australian gas producer Santos Ltd (STO.AX) surged 6.5% on July 4 following a Bloomberg News report that Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are separately considering bids for the company.
Renewed tensions as Philippines’ UN submission reignites Sabah dispute with Malaysia
A recent Philippine submission to the United Nations over seabed territory claims has sparked strong objections from Malaysia, rekindling a longstanding territorial dispute over Sabah in northern Borneo
Pertamina seeks $280mn non-cash state capital injection for gas and refueling assets
PT Pertamina has submitted a request for a non-cash state capital injection amounting to $280mn, consisting of state-owned assets
Canadian crude shipped to Asia via California
A potentially cheaper journey for heavy oil sands crude is from British Columbia to Asia via California, report Bloomberg. This is because only smaller tankers can dock in Vancouver in British Columbia.
MOL of Japan takes full ownership of LNG Rose Shipping for $32mn
Mitsui OSK Lines (MOL) has announced its decision to acquire the full 50% stake owned by Itochu Corporation in LNG Rose Shipping. In doing so it will make the LNG carrier company a wholly owned subsidiary of MOL.
Baker Hughes signs 10-year deal to support Woodside’s Australian LNG operations
US oil services firm Baker Hughes has signed a 10-year services frame deal to provide support to Australian company Woodside Energy in its LNG operations.
Pakistan looks to renegotiate existing LNG deals with Qatar
The government of Pakistan plans to seek Qatar's permission to sell LNG cargoes on the spot market if domestic demand decreases, a senior official from the nation’s Ministry of Energy revealed on June 28
New Indian LNG terminal builds to see increased regulation
The Petroleum and Natural Gas Regulatory Board of India has issued a preliminary draft with the intention of limiting control over the county’s LNG terminals.
Russia makes inroads in Vietnam
Russia’s Zarubezhneft and Novatek are set to expand their positions in Vietnam, after agreements reached during a visit to the southeast Asian country by Russian President Vladimir Putin last month.
Gazprom to launch Far East gas supplies to China by 2027, says CEO
Gazprom will commence pipeline gas supplies to China via a planned Far Eastern route in 2027.
PT Pertamina Hulu Rokan boosts oil and gas production through aggressive exploration
PT Pertamina Hulu Rokan is actively enhancing its oil and gas production following the management transition of the Rokan Block
Rise of LNG-fuelled trucks tempers China’s gasoil demand
Increasing sales of LNG-fuelled heavy-duty trucks as a substitution for diesel-powered trucks could mean China has reached or will soon reach peak demand for gasoil.
Singapore's onshore fuel oil stocks drop after four-week rise
Singapore's onshore fuel oil stockpiles experienced a significant decline in the week ending June 26, following a four-week upward trend, according to recent data released on June 27,
Petrovietnam profits slide despite revenue growth
Vietnam National Oil and Gas Group reported a mixed bag in its 2023 financial results
Petronas and Vestigo ink production-sharing deal for Sabah gas fields
Petronas, through Malaysia Petroleum Management, signed a small field asset production-sharing contract with Vestigo Petroleum Sdn Bhd for a Discovered Resource Opportunity cluster promoted under the Malaysia Bid Round Plus
Australia’s East Coast wrestles with concerns over potential gas shortage
Despite the huge gas resources, Australia’s population centres along the East Coast are facing a winter during which there could be shortages of gas supply to keep power generation stations going full tilt.
Pertamina seeks additional gasoil amid refinery shutdown
Indonesia’s state-owned oil giant Pertamina is looking to secure an additional 1.5mn barrels of 2,500 ppm sulphur gasoil for July delivery
India announces new LNG plant to be built in Madhya Pradesh
India’s state-run Oil and Natural Gas Corporation has signed a deal with the Indian Oil Corporation for the development of a small-scall LNG facility in the state of Madhya Pradesh.
Genting awards $1bn FLNG deal to Wison New Energies
Malaysia’s Kuala Lumpur-based Genting has awarded a $1bn contract to China’s Wison New Energies for the construction of a floating liquefied natural gas facility, to be stationed at Teluk Bintuni in West Papua.
Putin hints at increased Russian energy deals with Vietnam
Russian President Vladimir Putin has expressed interest in enhancing energy and security collaboration with Vietnam.
Regional governor in the Philippines behind firm that stands to benefit from LNG expansion
A recent investigation has revealed that a prominent Philippine politician, who has vigorously promoted the use of natural gas in the country, has links to a company poised to gain significantly from its development
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