AsianOil - Asia 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)

ESPO boosts capacity by 10%

3 December 2019

PNG “disappointed” by Exxon’s rejection of P’nyang terms

27 November 2019

Papua New Guinea (PNG) Minister for Petroleum and Energy Kerenga Kua has said he is disappointed with ExxonMobil’s rejection of the government’s terms for the proposed P’nyang natural gas project.

IEEFA calls for Australian upstream tax reforms

27 November 2019

Australia’s oil and gas royalty and tax system needs to be overhauled to ensure that upstream companies are paying their fair share, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

China’s gasoline exports set new record in October

27 November 2019

China’s gasoline exports climbed more than 166% year on year in October to 1.73mn tonnes, according to General Administration of Customs (GAC) data.

Gazprom prepares Power of Siberia launch

27 November 2019

More than a decade in the making, the Power of Siberia natural gas pipeline will finally start operations next week.

Petronas claims RAPID on track to start up this year

27 November 2019

Malaysia’s state-owned Petronas has downplayed a recent report that its integrated downstream complex in southern Malaysia is running behind schedule.

Pertamina outlines 2020 investment strategy

27 November 2019

Indonesia’s state-owned Pertamina intends to invest $7.8bn in 2020, with the majority of that earmarked for the upstream sector.

ONGC ends shale exploration programme early

27 November 2019

India’s hopes of replicating the US’ shale gas revolution received a heavy blow this week after state-run Oil and Natural Gas Corp. (ONGC) reportedly ended its shale exploration programme early.

ONGC reportedly mulls HPCL stake sale

27 November 2019

India’s state-owned Oil and Natural Gas Corp. (ONGC) is reportedly preparing to sell a portion of its controlling stake in refiner Hindustan Petroleum Corporation Ltd (HPCL).

Market oversupply causes Pavilion to cancel cargo

21 November 2019

Oversupply in the global market has led Singapore’s Pavilion Energy to cancel the loading of a US LNG cargo, and more such moves could follow.

ONGC revises down KG-D5 production guidance

20 November 2019

India’s state-run Oil and Natural Gas Corp. (ONGC) has revised down its production guidance for the ultra-deepwater KG-DWN-98/2 (KG-D5) block by up to 20%.

Elixir kicks off second Mongolian well

20 November 2019

Australian-listed junior Elixir Energy has said it kicked off the second well in a two-well drilling programme on its coal-bed methane (CBM) block in Mongolia.

PNG set to start P’nyang renegotiations with ExxonMobil

20 November 2019

The government of Papua New Guinea is set to start talks with ExxonMobil in an attempt to negotiate better terms for the P’Nyang gas project.

Australia must decide the next step in its energy story

20 November 2019

Australia is at a crossroads as it decides its energy future. The country is a major natural gas producer, output of which has boomed over the past years to meet ever-increasing demand from buyers across Asia.

KrisEnergy sells stake in Indonesian block to BP

20 November 2019

Singaporean developer KrisEnergy has agreed to sell its 30% stake in the Andaman II production-sharing contract (PSC) offshore Indonesia to super-major BP.

Pertamina oil spill reappears off West Java

20 November 2019

Indonesia’s state-owned Pertamina has said an offshore oil spill, originally thought to have been contained at the end of September, is leaking once more.

India’s crude oil imports slip 3.3% in October

20 November 2019

India’s crude oil imports slipped 3.3% year on year in October to 4.56mn barrels per day, according to government data published on November 14.

India may reduce stake in its largest refiner

20 November 2019

The Indian government is reportedly considering reducing its direct stake in the country’s largest refiner, Indian Oil Corp. (IOC), to below 51%.

US LNG exporters looking at increased shipments via Panama Canal

14 November 2019

Exporters of US LNG are poised to send more gas to Asia, taking advantage of new transit slots at the Panama Canal.

JXTG unlikely to invest in Aramco IPO

13 November 2019

Japan’s largest refiner has cast some serious doubt over whether Saudi Aramco’s long-awaited initial public offering (IPO) will able to attract Japanese investment.

Comet seeks environmental approval for Queensland block

13 November 2019

Australia junior Comet Ridge has begun work to secure environmental authority (EA) for a coal-bed methane block in Queensland, the company said on November 12.

Strike claims one of Australia’s largest onshore gas finds

13 November 2019

Australian independent Strike Energy has said its block in the Perth Basin could hold one of the country’s largest ever conventional onshore gas discoveries.

PTT’s Q3 profit shrinks 33%

13 November 2019

Thailand’s state-owned PTT saw its third-quarter net profit decline by 33% year on year to THB20.25bn ($669.7mn) on the back of weaker downstream and international trading performances.

Indonesia extends Corridor PSC by 20 years

13 November 2019

The Indonesian government has extended the production-sharing contract (PSC) for the Corridor Block in South Sumatra Province by 20 years until 2043.

Edited by

Andrew Kemp

Editor

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