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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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Read a recent issue cover to cover (click the image below)
Aramco and Reliance resume O2C talks
India’s GAIL to sell US LNG imports locally from 2023
GAIL (India) has unveiled plans to stop selling the LNG it sources from the US in international markets, instead selling it locally from 2023.
Quake knocks out chunk of Japanese refining capacity
Japan’s downstream is operating at around 20% below national capacity following a 7.3-magnitude earthquake that struck off the country’s north-eastern coast last week.
ACCC warns of gas supply shortfalls, price spikes
The Australian competition watchdog has warned that a retreat in domestic gas prices may be short-lived, owing to a looming supply shortfall.
Senex boosts gas production at Atlas project
Australian independent Senex Energy has boosted natural gas production at its Atlas field in Queensland’s Surat Basin to 32 TJ (833,600 cubic metres) per day.
Phoenix downplays company sale comments
Philippine fuel retailer Phoenix Petroleum has downplayed a report that its parent company, Udenna, is planning to sell the company.
Beach’s Enterprise discovery boosts 2P reserves
Australian independent Beach Energy has announced a new discovery offshore the state of Victoria that has upped the company’s proved and probable (2P) reserves by 21mm barrels of oil equivalent.
Indonesia holds onto shale oil dream
Indonesia’s shale oil potential may have fallen off the radar in recent years, but the government still hopes the unconventional sector will play a role in boosting the country’s long-term energy prospects.
ONGC sets KG-D5 peak production target
India’s state-owned Oil and Natural Gas Corp. (ONGC) intends to reach peak production at its deepwater KG-DWN-98/2 (KG-D5) block in the Krishna Godavari (KG) Basin within the next three years.
AsianOil: Petronas starts up second FLNG facility
Iraq in talks to build crude storage in China, Pakistan
ADNOC strengthens Japan ties, awards Block 4 to Cosmo
Australia’s downstream in a spiral
US super-major ExxonMobil announced plans this week to permanently shutter one of Australia’s three remaining refineries, in a move that raises serious questions about the country’s energy security.
Inpex looks ahead to 2021 after “tough” 2020
Japanese developer Inpex is pinning its hopes on a sustained oil price rally this year after posting its first net loss in more than a decade last year.
PNG, Total sign LNG agreement
The Papua New Guinea (PNG) government has signed a fiscal stability agreement with French major Total for the Papua LNG project.
PTTEP claims record gas discovery offshore Malaysia
Thailand’s state-owned PTT Exploration and Production (PTTEP) has said it has upgraded the Sarawak SK410B discovery made in 2019, now ranking it as the largest discovery it has ever made.
IEA scrutinises India’s gas-based economy goals
While Indian Prime Minister Narendra Modi has said once again that he wants to see India become a gas-based economy, the International Energy Agency (IEA) has said more needs to be done at a political level to achieve this.
Pertamina’s fortunes dominate Indonesia’s upstream prospects
Indonesia’s ability to turn around several years of oil and gas production declines is becoming increasingly tied to the fortunes of state-owned Pertamina.
Indonesia boosts 2021 drilling target by 150%
Indonesian upstream regulator SKK Migas has said it expects the country’s oil and gas players to boost development drilling by 150% year on year in 2021.
NRG AsianOil: CNOOC Ltd aims to boost production this year
State-run Chinese offshore developer CNOOC Ltd has announced plans to boost its oil and gas production by 3-5% this year as it seeks to bring on stream several new fields both at home and abroad.
Surge announces Midland Basin acquisition as other Asian firms exit shale
Surge Energy US Holdings announced on January 31 that one of its subsidiaries had signed a purchase and sale agreement (PSA) to acquire leasehold interest and producing wells from Grenadier Energy Partners II for $420mn.
Pan Orient reports Thai reserve boost
Canadian-listed independent Pan Orient has announced that the proven (1P) oil reserves of its Thai subsidiary more than doubled last year, following an independent reserves evaluation.
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