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)

Chinese gas demand to soar in long term

30 October 2019

Chinese natural gas demand is projected to slow this year amid a weakening economy and a government decision in 2018 to rein in its campaign to convert coal-fired heating systems to the cleaner burning fuel.

Philippines split over South China Sea deal with China

29 October 2019

The Philippine government’s struggle to present a unified front over a possible exploration partnership with China in disputed waters of the South China Sea continued this week.

Sempra, Mitsui sign MoU on LNG

29 October 2019

Sempra Energy has entered into a memorandum of understanding with Japan’s Mitsui & Co. that covers the latter's participation in two LNG project expansions.

Japanese push to establish bunkering hub underway

24 October 2019

Japan is making strides in its efforts to position itself as a new LNG bunkering hub as the shipping industry prepares for new fuel regulations.

Philippines, Russia discuss South China Sea exploration

23 October 2019

The Philippine government last week welcomed a delegation sent by Russia’s state-run Rosneft to discuss the possibility of jointly exploring the waters offshore the Southeast Asian country.

PTT plans first Myanmar retail fuel station

23 October 2019

Thailand’s state-owned PTT has announced plans to open its first retail fuel station in Myanmar and aims to do so early next year.

Oil Search’s Q3 revenue slides 24%

23 October 2019

Oil Search’s third-quarter revenue slid 24% year on year on the back of production interruptions and lower international oil prices.

BPCL stake sale draws international interest

23 October 2019

Some of the world’s biggest oil companies are reportedly interested in the Indian government’s plans to privatise its controlling stake in Bharat Petroleum Corporation Ltd (BPCL).

Origin under pressure over emissions

23 October 2019

Activist investors have criticised Australian developer Origin Energy’s commitment to reducing its carbon footprint, saying the company is not doing enough to reduce this.

Chinese run rates set new high on expanding capacity

23 October 2019

China’s downstream has set a new monthly oil processing record, on the back of rising privately owned refining capacity and expanding crude import quotas.

Woodside delays Browse FID, brings forward Pluto LNG expansion

17 October 2019

Australia’s Woodside Energy has delayed a final investment decision on its proposed Browse mega-project to the second half of 2021, but has also brought plans to approve its Scarborough gas project and Pluto LNG expansion forward.

Philippines studies SPR options

16 October 2019

The Philippine government has begun examining development options for a strategic petroleum reserve (SPR), following last month’s attacks on key Saudi Arabian oil infrastructure.

Barakah terminates rescue deal with Lecca

16 October 2019

Malaysian offshore service provider Barakah Offshore Petroleum has agreed with Singapore’s Lecca Group to terminate a deal that would have lifted the former out of exit Practice Note 17 (PN17) status.

Examining the next wave of Asian demand growth

16 October 2019

Both developed and developing countries in Asia are expected to drive up LNG demand, but the pace may slow in the nearer term and other obstacles remain.

China’s gas demand to slow this year

16 October 2019

China’s state-run Sinopec Gas has forecast that the country’s natural gas demand will expand by 10% this year to 307bn cubic metres.

Higher freight costs hit Asian refiners hard

16 October 2019

Asia’s refiners are preparing for a bumpy final quarter of the year as higher supertanker rates – owing to US sanctions on several Chinese shippers – eat into gross refining margins (GRMs).

Santos buys ConocoPhillips’ gas assets in northern Australia

16 October 2019

Australian independent Santos has bought US super-major ConocoPhillips’ operated interests in the Darwin LNG project as well as the Bayu-Undan, Barossa and Poseidon offshore natural gas projects.

India ups funding to Mongolian refinery

9 October 2019

India has agreed to provide an additional $236mn of financing for a refinery project in southeastern Mongolia, Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan said this week.

ONGC submits new Cauvery Basin drilling plan

9 October 2019

India’s state-owned Oil and Natural Gas Corp. (ONGC) has reportedly sought environmental approval from the central government to drill 24 exploration wells at one of its blocks in Tamil Nadu State.

Pakistan, UAE move closer on refinery project

9 October 2019

Pakistan and the United Arab Emirates (UAE) are on the verge of launching construction of a new oil refinery in the South Asian country’s Balochistan Province, an official from the Middle Eastern oil producer has said.

Rosneft pins petchem hopes on India

9 October 2019

Russia’s state-run oil company Rosneft is looking to make a foray into India’s petrochemicals market, after experiencing setbacks in the domestic sector.

Malaysia receives first LNG cargo under TPA

9 October 2019

Malaysia’s TNB Fuel Services (TNBF) has delivered its first shipment of liquefied natural gas (LNG) to parent company Tenaga Nasional (TNB), testing the country’s third-party access (TPA) rules in the process.

Santos upbeat on NWS well test

9 October 2019

Santos has said an initial flow test at its third well on the Dorado field offshore Western Australia suggests the field is capable of producing oil at the upper end of pre-drill expectations.

Edited by

Andrew Kemp

Editor

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