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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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President Joko Widodo inaugurates Tangguh Train 3 LNG project in Papua
President Joko Widodo has officially inaugurated the Tangguh Train 3 LNG project, operated by British Petroleum.
High prices to lead to challenges for imports of LNG in Vietnam
Vietnam is contemplating the increased development of LNG as one of the means to transition to low-emission energy sources.
India's gas consumption jumps in September due to rising electricity demand
India’s gas consumption saw its ninth consecutive month of growth in September, according to data released by the Gas Exporting Countries Forum (GECF) in its monthly November report.
Santos forecasts fall in output for 2024 amid end of LNG field life
Australian energy company Santos forecasts a drop in output for 2024 on the back its Bayu-Undan LNG field’s life coming to an end.
CNG prices hiked in Delhi-NCR from November 23
Indraprastha Gas Ltd has implemented a price hike of $0.012 per kg for compressed natural gas in Delhi, Noida, Greater Noida and Ghaziabad, effective from November 23
Russian LNG exports to China soar
Russian LNG exports to China from January to October have climbed to 6.9mn tonnes, a rise of almost 40% on the same period last year, according to data from China’s General Administration of Customs.
Thailand oil traders grapple as petrol market value surges
The escalating market value of petrol, now exceeding THB4 (approximately $0.11) per litre, has become a focal point of concern
Russia considers tax exemptions for joint oil venture with Vietnam
In a move aimed at fostering collaboration in the energy sector, Russia is contemplating providing tax exemptions to the joint Russian-Vietnamese oil company, Rusvietpetro
China goes deeper than ever before with new Sinopec well
In a rare oil or gas-related story from the remote north-west of China, Sinopec, the country's petrochemical giant, has achieved a major milestone by completing a 9,432-metre-deep oil and gas well.
Singapore eyes a second LNG terminal by 2030
In a bid to help bolster its energy security, Singapore is set to establish a second LNG terminal by the close of the decade.
Shell expands offshore exploration in Malaysia with focus on new fields
UK supermajor Shell is intensifying its exploration efforts in the offshore regions of Malaysia
AsianOil: Pertamina strikes CCS deals with US majors
Pakistan floats LNG tender to meet winter demand
Pakistan LNG Limited has issued a tender with a four-day notice, inviting bids for a standard LNG cargo with targeted delivery on Jan 8-9
Japex, JGC Holdings and Kawasaki Kisen Kaisha partner with Petronas CCS Ventures for offshore CCS project
Japan Petroleum Exploration, JGC Holdings Corporation and Kawasaki Kisen Kaisha have agreed and signed a key participation agreement with Petronas CCS Ventures.
Pakistan, Iran to resume talks over stalled gas pipeline
Pakistan and Iran will resume discussions in the forthcoming weeks to revive a troubled gas pipeline project, amid a looming deadline that could cost Islamabad billions of dollars in penalties.
Russia diversifies crude oil buyers with first-ever shipment to Brunei amidst sanctions
Russia has ventured into new markets by shipping its inaugural Urals crude oil cargo to Brunei
Indonesia's upward trend in domestic component levels in the oil and gas upstream sector
Indonesia's Special Task Force for the Upstream Oil and Gas Business Activities has reported that the domestic component level in the upstream oil and gas industry has reached 61.8%
Venezuelan coke gains traction in India as sanctions ease, narrowing discounts
The discount on Venezuelan petroleum coke in India's key market is narrowing after last month’s easing of US sanctions on Caracas. Indian cement makers are increasingly eyeing Venezuelan coke as an alternative to US and Saudi product.
IndianOil LNG to invest $408m in expansion of Ennore terminal
IndianOil LNG, a joint venture of Indian Oil Corporation, is set to invest $408mn in the expansion of the Ennore LNG terminal in Tamil Nadu.
Oil demand focus to pivot from Beijing to New Delhi
For decades China has been the primary driver of global oil demand growth but that era of exceptional growth may now be in the past
Inpex raises full-year profit forecast, citing higher oil prices and a weaker yen
Japan’s leading oil and gas producer Inpex announced this week that it had raised its forecast for full-year net come to JPY340bn ($2.3bn), after factoring in higher than previously expected oil prices and a weaker yen.
Pertamina strikes CCS deals with US majors
Indonesia’s state-owned oil and gas producer Pertamina is pressing on in its talks with US majors ExxonMobil and Chevron on investments in carbon capture and storage facilities.
PetroChina and Repsol to pivot from Canadian to Venezuelan crude amid US sanctions relief
In the wake of a temporary relaxation of oil sanctions on Caracas, two prominent purchasers of Canadian heavy crude exports from the US Gulf coast are positioned to escalate their intake of Venezuelan crude, potentially displacing Canadian crude.
CNOOC starts phase one production at Bozhong 19-6 condensate field
Vietnam's PV Gas climbs to 3rd in stock exchange capitalisation
PetroVietnam Gas Joint Stock Corporation has witnessed a steady recovery, culminating in its shares closing at approximately $3.3 per share on November 15
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