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Australian East Coast could face 9 PJ gas shortfall in Q3
Australia’s East Coast gas market could face a supply shortfall of up to 9 PJ in the third quarter of 2025 if all uncontracted gas is exported.
Asia’s thirst for LNG to drive global demand rise
Global LNG demand is set to soar over the next two decades, sparked by Asia’s growing appetite for the super-chilled fuel.
Australia’s Viva Energy enlists LNG consultant to advance Geelong terminal plans
Australia-based energy infrastructure firm Viva Energy has appointed LNG specialist firm Poten & Partners to assist in securing a floating storage and regasification unit for its proposed LNG import terminal at Geelong in Victoria.
Petronas reveals timeline for offshore Suriname drilling as FLNG development considered
Malaysian state-controlled energy company Petronas has disclosed extra information regarding its proposed three-well programme offshore Suriname, as it considers a potential integrated development using a floating liquefied natural gas solution
Gas supply becomes issue in Australian election
Australia will hold a federal election on May 3 in which the future of the country’s huge gas reserves and meeting domestic gas demand have become a contested issue.
China’s imports of Iranian crude surge in March despite US sanctions
China’s crude oil imports from Iran surged to a record 1.9mn barrels per day in March, according to data, with independent refineries, also known as teapots, driving the increase.
China’s fuel demand peaks as natural gas gains ground
Transport fuel demand in China is reaching its peak, as electric vehicles and trucks powered by LNG increasingly replace traditional petrol and diesel vehicles.
Indonesia’s mega bioethanol plan sparks global alarm over massive deforestation and indigenous displacement
Indonesia’s ambitious plan to clear forests equal in size to Belgium for food and bioethanol production is drawing global scrutiny over its potential environmental and human toll
Petronas tapped to build Malaysia’s third regasification terminal amid rising gas demand
Petroliam Nasional Bhd has been tasked by the Malaysian government to develop a third regasification terminal in Lumut, Perak, to bolster energy supply security in Peninsular Malaysia, according to sources familiar with the matter
Thailand's PTTEP delays bidding deadline for Kikeh offshore FPSO replacement in Malaysia
Thailand’s PTT Exploration and Production has extended the deadline for bid submissions on its planned replacement of a floating production, storage and offloading vessel at the Kikeh oil and gas development offshore Malaysia.
Indian Gas Exchange gas trading surges 367% y/y in March
Indian Gas Exchange (IGX) traded 131mn metric standard cubic metres (mmscm) of gas in March 2025, marking a 367% year-on-year (y/y) increase, IGX said in a press release issued on April 7
Indonesia faces uphill battle to meet 2025 oil and gas output goals, says think tank
The Institute for Development of Economics and Finance (Indef), a non-partisan research body specialising in economic and policy analysis, has warned that Indonesia may struggle to meet its ambitious oil and gas production targets for 2025
Russian oil exports to China dip sharply in late March
Russian seaborne crude exports declined in the final week of March as maintenance at Chinese state-owned refineries and technical work at the Kozmino terminal led to a sharp drop in Far East shipments.
Oil falls 3.75% amid global trade war recession fears
Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.
Indian HMEL hits 2mn tonnes polymer sales in FY25
Indian oil refining and petrochemical company HPCL-Mittal Energy Limited (HMEL) recorded polymer sales of 2mn tonnes during the 2024–25 fiscal year
Experts call for strict controls around gas pipelines after Selangor fire
Following a devastating gas pipeline fire in Selangor, Malaysia, safety experts are urging strict enforcement of regulations surrounding gas pipeline zones, warning that even routine activities such as grass trimming must not proceed
Iranian oil flow to China hits seven-month high despite tightening US sanctions
Iran’s crude oil exports to China climbed to 1.91mn barrels per day in March, the highest level in seven months even as the United States has tightened the screws in its bid to bring the Islamic Republic’s oil trade to a halt.
Indian EPC company L&T’s expanding footprint in the global energy space
Mumbai-based engineering company Larsen & Toubro Limited has, over recent years, established itself as a major player in the global energy EPC market.
India's domestic LPG coverage hits 330mn consumers
As of 1 March 2025, India has 329.4mn active domestic LPG consumers, including 103.3mn beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY), according to a government press release dated April 3.
Mari Energies announces third gas discovery at Spinwam-1 exploration well in Pakistan
Mari Energies has announced a third gas/condensate discovery in the Hangu Formation at the Spinwam-1 exploration well in the Waziristan Block, located in North Waziristan District, Khyber Pakhtunkhwa, Pakistan, the company said in a press release
Shell finalises sale of Singapore refinery to Chandra Asri-Glencore JV
Shell (SHEL.L) has officially completed the sale of its Singapore refinery and associated refining assets to a joint venture between Indonesia’s Chandra Asri and Swiss commodities giant Glencore, the company announced
Turkmenistan's economic transformation: a new frontier for global investment
The upcoming International Forum to Attract Foreign Investments in Turkmenistan's Economy (TEIF 2025), scheduled for April 23-24, 2025, in Kuala Lumpur, Malaysia, is poised to be an all-important event.
Tariffs: Who Imports Venezuelan Oil? - Statista
On top of being the potential target of reciprocal tariffs by the United States from April 2 on, India has now been threatened with another type of US trade action.
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