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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.
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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Texcal ramps up oil production onshore Indonesia
Texcal Mahato has successfully brought on stream a new oil producing well at the Mahato production-sharing contract (PSC) onshore Indonesia.
Sinopec returns to profit in Q1
China’s state-run Sinopec Corp. has posted a first-quarter net profit of CNY17.93bn ($2.77bn), a significant turnaround from the CNY19.87bn ($3.07bn) loss it recorded in the same period of 2020.
ONGC downplays restructuring reports
India’s state-owned Oil and Natural Gas Corp. (ONGC) has downplayed reports of government pressure on company management to divest some of its assets as part of a wider restructuring effort.
SKK Migas aims for 2021 launch of Tangguh LNG expansion
Indonesia’s upstream regulator SKK Migas has said it hopes BP can bring the third train of its Tangguh liquefied natural gas (LNG) project on stream by the end of the year.
Indonesian government divided over delayed gas pipeline
The energy ministry and downstream regulator are split over how the Cirebon-Semarang (Cisem) pipeline project should be executed, with each side becoming increasingly invested in its vision.
Petronas exports LNG in ISO tanks to China
Malaysia’s state-owned Petronas has exported its first shipment of liquefied natural gas (LNG) stored in ISO tanks to China.
Flurry of activity keeps Aramco in the news
Philippines approves LNG-to-power project
The government of the Philippines has approved Vires Energy’s proposed LNG-to-power project.
Aramco’s Reliance O2C deal remains on the cards
Nigerian president returns four licence areas to Addax Petroleum
Nigerian President Muhammadu Buhari has transferred licences for four oil-bearing blocks back to Addax Petroleum, a company controlled by China’s Sinopec.
AsianOil: Eni starts up Indonesian deepwater gas field
Italian major Eni has started producing natural gas from its deepwater Merakes project in the East Sepinggan block offshore Indonesia.
FAR says Remus is unlikely to proceed with takeover offer
Australia’s FAR Ltd does not expect Remus Horizons, a private investment fund, to move forward with a takeover proposal that would give it a minority stake in Sangomar, an oil-bearing block located offshore Senegal.
Twinza’s negotiations with PNG break down
The Papua New Guinea (PNG) government’s pursuit of better terms on Twinza’s offshore Pasca A oil and gas project has seen the development enter limbo.
Australia unveils hydrogen, CCS funding
The Australian government has announced nearly AUD540mn ($416.5mn) in new funding for hydrogen and carbon capture and storage (CCS) projects over the next decade.
Indian gas production may soar 50% by 2024
India’s natural gas production may have slumped is the last fiscal period, but a new research report has projected that the country’s output may jump by more than half in the next few years.
India’s oil, gas production continues to fall
Indian oil and gas production fell in fiscal year 2020-2021, which ended on March 31, as the country’s lockdowns in response to the coronavirus (COVID-19) pandemic forced state-run and private operators to curb output.
Turkmenistan agrees security measures with Afghanistan for restarting work on TAPI pipeline section
Petrovietnam to build LNG-fired power plant
State-owned Petrovietnam reportedly intends to build a $1.5bn liquefied natural gas (LNG) fired thermal power plant in the country’s southern province of Ca Mau.
Petronas launches new small field PSC model
Malaysia’s state-owned Petronas has marked the launch of its new small field asset (SFA) production-sharing contract (PSC) model by awarding a shallow-water project to one of its upstream subsidiaries.
Calls for Indonesia upstream reforms mount
Upstream watchdog SKK Migas is pushing for the government to do more to increase the attraction of the country’s upstream.
FAR receives another takeover offer from Remus Horizons
Remus Horizons, a private investment fund, has submitted a new takeover offer for Australia’s FAR Ltd, a minority shareholder in the Sangomar block offshore Senegal.
Iraq chooses Sinopec to develop Al-Mansouriyah
AsianOil: Exxon starts up new Australian gas field
Push to clean up LNG continues
More developments related to the decarbonisation of LNG have been reported in recent days.
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