AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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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Read a recent issue cover to cover (click the image below)

Petronas permits THHE to bid for some service contracts

20 January 2020

Malaysia’s state-owned Petronas has allowed locally owned service provider TH Heavy Engineering (THHE) to resume bidding for some contracts following a nearly four-year ban on participation.

IOC seeks BPCL stake sale clarity

20 January 2020

State-run Indian Oil Corp. (IOC) has said it is waiting for the government to clarify whether state-backed companies will be allowed to bid for New Delhi’s stake in Bharat Petroleum Corporation Ltd (BPCL).

Concerns voiced on viability of US-China deal’s energy trade targets

16 January 2020

The US and China have signed a preliminary trade deal, amid concern that the energy purchase commitments set out in the agreement could be too ambitious.

Indonesian upstream set for another tough year

14 January 2020

Indonesia’s upstream regulator SKK Migas has warned that the country could miss its 2020 crude oil production target despite an anticipated rise in upstream spending.

State Gas revises down Queensland well’s production numbers

13 January 2020

Australian independent State Gas has revised down its production numbers for the Nyanda-4 gas well in Queensland after launching an audit into its initial figures late last year.

China unveils upstream reform

13 January 2020

The Chinese government has unveiled plans to allow foreign and private companies to explore and develop the country’s oil and gas resources without the need for partnerships with state-owned developers.

MOL, COSCO name newest LNG carrier

13 January 2020

Japan’s Mitsui OSK Lines (MOL) and China COSCO Shipping have named the second of four LNG carriers the companies have commissioned to transport fuel produced by Russia’s Yamal LNG project.

Vietnam sets 2020 goals for PetroVietnam

13 January 2020

The Vietnamese government has raised the bar for state-owned PetroVietnam after the major surpassed its 2019 oil and gas production targets.

Petronas to re-enter Cambodia’s energy sector

13 January 2020

Malaysia’s state-owned Petronas is preparing to re-enter Cambodia’s oil and gas sector after exiting the South-East Asian country in 2010, a senior Malaysian diplomat has said.

Indian LNG demand supports spot prices

13 January 2020

India’s demand for liquefied natural gas (LNG) is helping drive spot prices for the fuel higher, according to a report by Reuters.

Indian Oil, OIL team up on CCUS-EOR project

13 January 2020

India’s largest oil refiner Indian Oil has teamed up with state-run developer Oil India Ltd (OIL) on a project to re-inject refinery carbon emissions at a nearby mature oil project.

Cyclicality of LNG market to become clearer as demand forecast to recover

9 January 2020

Analysts from Bernstein Research are forecasting that the global LNG glut will end earlier than widely expected thanks to an anticipated resurgence in Asian demand, as well as construction being wrapped up on current projects.

Australia becomes top LNG exporter for 2019

9 January 2020

Australia edged out Qatar to become the world’s leading exporter of LNG in 2019, as its output of the super-chilled fuel grew.

China may liberalise fuel export sector this year

6 January 2020

After several years of confining China’s independent refiners to selling on the domestic fuel market, 2020 appears to be the year the central government is ready to loosen its grip on the export market.

Lakes Oil hits gas in South Australia

6 January 2020

Australian junior Lakes Oil has revealed that while its Nangwarry-1 exploration well in South Australia had intersected natural gas intervals at its primary target, it had come up empty at the secondary objective.

Hengyi Industries ramps up Brunei refinery runs

6 January 2020

China’s privately run Hengyi Industries has begun operating its new refinery in Brunei at close to full capacity, Reuters quoted a company official as saying on January 2.

Petronas completes deal for Brazilian fields

6 January 2020

Malaysia’s state-owned Petronas completed the acquisition late last month of a 50% stake in two deepwater fields in Brazil’s Campos Basin.

Pertamina aims to drill Rokan wells this year

6 January 2020

Indonesia’s state-owned Pertamina has said it wants to drill at least 20 wells at the Rokan oil block this year, as it gears up to assume operatorship of the acreage in 2021.

PPL announces oil and gas discoveries

6 January 2020

State-run Pakistan Petroleum Ltd (PPL) announced late last month that it had discovered crude oil and natural gas reserves in Balochistan and Sindh Provinces.

Pipes for TAPI delivered

6 January 2020

Energas plans 2021 start for Pakistan LNG terminal

19 December 2019

Pakistan’s Energas is planning to start up an LNG import terminal in 2021 that would be the country’s largest, pending approval to begin construction.

Developers request to put Philippine LNG on hold

19 December 2019

China’s CNOOC Gas and Power and Phoenix Petroleum Philippines have asked for plans to build the $2bn Tanglawan LNG hub project in the Philippines to be put on hold.

Edited by

Andrew Kemp

Editor

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