AsianOil - Asia Oil & Gas

Chinese shipyards return to work following lockdowns

China’s leading shipyards are returning to work as lockdowns are eased in Shanghai. Indeed, those lockdowns contributed to South Korea overtaking China as the world’s top shipbuilder by orders.

TotalEnergies signs separate deals with Asian partners

France’s TotalEnergies has signed two separate energy-focused deals with Asian partners – India’s Adani Enterprises Ltd (AEL) and South Korea’s Korea Gas (Kogas) – over the past week.

First Gen requests delay to Philippine LNG project schedule

First Gen is facing delays in development of its LNG import project offshore the Philippines. On June 16 the company said it had asked the Philippine Department of Energy to extend its construction permit for the project by six months.

Gazprom, CNPC sign technical agreement on Far East gas route to China

Russia’s Gazprom and China National Petroleum Corp. (CNPC) have signed a technical agreement on a Far East route for supplying Russian natural gas to China.

Chinese firms reportedly in advanced talks to invest in Qatari LNG expansion

China’s leading state-owned energy companies are reported to be in advanced talks with Qatar over a potential investment in the North Field East liquefaction capacity expansion.

Sapura wins six contracts worth $613mn

Malaysian contractor Sapura Energy, through its subsidiaries and joint venture, has won six contracts worth a combined MYR2.7bn ($613mn).

US targets Chinese, Emirati and Iranian firms in new crackdown on Iran’s sanctions-busting petrochemical exports

China's CPP advances offshore pipeline work in Bangladesh, completes project in Pakistan

India registers 24% rise in y/y fuel demand in May

AsianOil: CPC receives Taiwan’s first cargo of carbon-offset crude

Taiwan’s CPC announced on June 12 that it had received the country’s first cargo of certified carbon-offset crude.

CPC receives Taiwan’s first cargo of carbon-offset crude

Taiwan’s CPC announced on June 12 that it had received the country’s first cargo of certified carbon-offset crude.

Russian Far East crude exports to Asia up

Not so much solidarity shown by Tehran and Moscow on oil markets as latter undercuts former

Hibiscus stops paying Sabah state tax

Malaysia’s Hibiscus Petroleum said this week that its Repsol Oil & Gas Malaysia subsidiary had elected to stop paying a state sales tax imposed by the government of Sabah.

Australia grapples with worsening gas shortage

Australia’s new government has pledged to tackle a worsening gas shortage, which has considerable implications for the country’s LNG industry.

New Zealand industry group welcomes Beach’s drilling plans

New Zealand industry group Energy Resources Aotearoa has welcomed Beach Energy’s plans for a potential second phase of development at the offshore Kupe natural gas field.

Energy Transfer finalises another offtake agreement

US-based Energy Transfer has signed an LNG sales and purchase agreement (SPA) with China Gas Hongda Energy Trading, a subsidiary of China Gas Holdings.

Sasanof-1 well off Australia comes up dry

Privately owned Western Gas has reported that its Sasanof-1 exploration well offshore Western Australia had found no commercial reserves of oil and gas.

Analysis shows large increase in Russia oil tankers departing for India, China and Turkey since start of Ukraine war

Santos to add rig to Cooper Basin operations, signs new gas supply contract with Yara

Shell teams up with Tokyo Gas, Osaka Gas for decarbonisation effort

Saudi price hike targets Asian customers

AsianOil: Sasanof-1 well off Australia comes up dry

Privately owned Western Gas has reported that its Sasanof-1 exploration well offshore Western Australia found no commercial reserves of oil and gas.

India eyes more discounted Russian crude

SOCAR eyes investment of $100mn in Pakistan's LNG sector