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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)

Chevron to use carbon credits to make up for Gorgon CCS shortfall

12 November 2021

Chevron and its partners in the giant Gorgon LNG project in Australia will buy carbon credits likely worth more than $183mn to compensate for failing to meet carbon capture targets.

RIL exits Eagle Ford with sale to Ensign

12 November 2021

India’s Reliance Industries Ltd (RIL) is exiting the US shale industry via a sale of its assets in the Eagle Ford play in Texas to Ensign Natural Resources.

Santos wraps up NT shale well

12 November 2021

Australian independent Santos has successfully drilled the Tanumbirini 3H (T3H) well in the EP 161 shale gas play in the Northern Territory.

CNPC enters state of emergency after COVID scare

12 November 2021

State-owned China National Petroleum Corp (CNPC) has entered a state of emergency at its Beijing offices after four employees tested positive for coronavirus (COVID-19), the Global Times reported on November 11.

PNG court approves Oil Search shareholder vote on Santos merger

12 November 2021

Papua New Guinea’s (PNG) National Court has given Oil Search the green light to hold a shareholder vote on its proposed merger with Santos.

Pertamina puts price tag on first CCS projects

12 November 2021

Indonesia’s state-owned Pertamina has estimated that installing the country’s first two carbon capture storage (CCS) projects could cost as much as $500mn.

Beyond Oil and Gas Alliance aims to end oil and gas production

11 November 2021

The Beyond Oil and Gas Alliance (BOGA) is calling for an immediate end to new licensing rounds for oil and gas exploration, and has signed up 11 governments to a promise to end oil and gas production by 2050.

OIL’s profit doubles in Q3

11 November 2021

State-run Oil India Ltd’s (OIL) profit more than doubled in the third quarter of this year, owing to both a surge in crude prices as well as stronger oil and gas production.

ExxonMobil reaches FID on Chinese petchem project

11 November 2021

US super-major ExxonMobil has made a final investment decision (FID) on a multi-billion dollar petrochemical project in southern China.

US LNG producers agree to send more supply to Chinese buyers

10 November 2021

Leading US LNG producer Cheniere Energy has struck a deal to supply the super-chilled fuel to China’s Sinochem Group on a long-term basis. The supply agreement is the latest in a series announced between US LNG producers and Chinese buyers.

AsianOil: POSCO wins over Senex board with new bid

9 November 2021

South Korea’s POSCO International has submitted a new bid for Senex Energy that has finally won the backing of the Australian developer’s board.

Pertamina’s gas production exceeds target

5 November 2021

Indonesia’s state-owned Pertamina said this week that it had exceeded its natural gas production target for the first nine months of the year.

Petronas awards shallow-water PSC to POSCO

5 November 2021

Malaysia’s state-owned Petronas has awarded a production sharing contract for offshore Block PM524 to a joint venture led by South Korea’s POSCO International.

Japan’s oil demand jumps amid surging LNG prices

5 November 2021

The country’s power generators are looking to fire up their oil generators as they baulk at near-record spot LNG prices.

Jade Gas ready to begin Mongolian drilling

4 November 2021

Australian independent Jade Gas intends to start its six-well appraisal programme at the Tavantolgoi XXXIII (TT) coalbed methane (CBM) project in Mongolia this month.

ONGC under pressure to divest assets

4 November 2021

The Indian government’s ongoing quest to improve upstream performance has circled back once more to the idea of forcing state-run Oil and Natural Gas Corp. (ONGC) to relinquish control of several of its production assets.

Vietnam warns of continued slide in oil production

4 November 2021

The Vietnamese government has warned that a years-long decline in national oil production will speed up in 2022, with output predicted to slump by almost 18%.

AsianOil: Santos, Beach reach FID on Moomba CCS

2 November 2021

Santos and Beach Energy have reached a final investment decision on their $165mn Moomba carbon capture and storage project in South Australia.

Venture Global makes progress ahead of Calcasieu Pass start-up

29 October 2021

Venture Global LNG is preparing to begin commissioning on its Calcasieu Pass liquefaction plant in Louisiana after striking three supply deals with China’s Sinopec.

Petronas spearheads LNG projects in Johor, Sabah

29 October 2021

Malaysia’s state-run Petronas has called for expressions of interest (EoIs) to conduct a feasibility study for a new liquefied natural gas (LNG) storage tank in the south of Johor State.

Indonesian deepwater gas field hit by production issues

29 October 2021

Italian major Eni’s deepwater Merakes natural gas field offshore Indonesia may not produce at full capacity for up to six months following technical difficulties at one of its five wells, upstream regulator SKK Migas warned this week.

Guyana could resume crude talks with India, VP says

29 October 2021

Guyana is prepared to resume talks with India on future crude oil deliveries, the country’s Vice-President Bharrat Jagdeo has said.

Edited by

Andrew Kemp


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