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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.
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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
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
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
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
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
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
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
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.
Japan energy mix to maintain oil at 30% – for now
OIL’s profit doubles in Q3
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
US super-major ExxonMobil has made a final investment decision (FID) on a multi-billion dollar petrochemical project in southern China.
Cheap oil outweighs US sanctions risk as Chinese buyers stick with Iran for supplies
US LNG producers agree to send more supply to Chinese buyers
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
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
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
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
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
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
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.
Could shale rescue China's depleting oil reserves?
Vietnam warns of continued slide in oil production
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
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
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
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
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
Guyana is prepared to resume talks with India on future crude oil deliveries, the country’s Vice-President Bharrat Jagdeo has said.
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