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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.
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Read a recent issue cover to cover (click the image below)
Petronas’s PFLNG Dua launches from South Korean yard
Malaysia’s state-owned Petronas has said its second floating liquefied natural gas (FLNG) unit – PFLNG Dua – is two weeks away from arriving at the deepwater Rotan gas field.
Pertamina plans Kepulauan Seribu exploration programme
Indonesia’s state-run Pertamina has said one of its subsidiaries will begin exploring for oil and gas in the offshore Kepulauan Seribu regency, which lies to the north of Jakarta, from March.
Petros takes control of Sarawak’s gas business
Malaysia’s state-owned Petronas has signed an agreement with the state of Sarawak that gives the local government control over local natural gas sales and distribution.
Further down the chain
Exmar’s troubles with Tango FLNG highlight the potential for coronavirus to cause trouble in every corner of the oil and gas industry.
FSU oil, gas suppliers exposed to coronavirus crisis
PetroChina reportedly plans refinery run cuts
State-run PetroChina reportedly intends to cut its refinery runs by 320,000 barrels per day in February because of the spread of the coronavirus.
State Gas troubleshoots Queensland well issues
Australian independent State Gas has said it believes that it has found solutions to production issues that have hit two of its three wells at its Reid’s Dome project in Queensland.
ONGC to invest $11bn in Andhra Pradesh’s upstream
India’s state-run Oil and Natural Gas Corp. (ONGC) is preparing to invest INR780bn ($10.95bn) in upstream projects in Andhra Pradesh State.
Indonesia to halt LNG exports to Singapore in 2023
Indonesia has confirmed plans to end liquefied natural gas (LNG) exports to Singapore once its current supply agreement ends in three years.
Queensland to launch upstream auction in April
Australia’s Queensland State has unveiled plans to open its next oil and gas exploration bid round in April.
GAIL’s quarterly profit jumps 18%
State-run natural gas utility GAIL (India) has posted an 18% quarter-on-quarter increase in its net profit for the October-December period.
Cooper signs industrial gas supply deal
Australian developer Cooper Energy has signed a multi-year natural gas supply agreement with glass product manufacturer O-I.
India may invest in major Russian oil project
Tellurian, Petronet reportedly ready to sign deal
The US’ Tellurian and India’s Petronet, the country’s leading gas importer, are reportedly preparing to sign a $2.5bn LNG deal later this month.
Coronavirus adds to LNG market woes
The coronavirus outbreak in China is hitting the country’s energy demand hard, with CNOOC declaring force majeure on some LNG deliveries.
PNG walks away from P’nyang gas talks
A planned $13bn expansion of Papua New Guinea’s (PNG) liquefied natural gas (LNG) export capacity is set for lengthy delays after the government walked away from talks with ExxonMobil on a key gas project.
China’s crude consumption slumps under coronavirus crisis
China’s oil demand has fallen by 3mn barrels per day in the wake of the ongoing coronavirus crisis, Bloomberg reported on February 3.
Coronavirus the focus of major oil policy decisions
Coro walks away from Indonesian farm-in deal
UK-listed junior Coro Energy has ditched plans to acquire a 42.5% interest in the Bulu PSC offshore Indonesia, with the company citing a significantly increased risk attached to the deal.
Malaysian state calls on Petronas to up its social contributions
Malaysia’s Sarawak State has called on state oil major Petronas to pay a social windfall tax when international oil prices top $100 per barrel.
Australia signs energy deal with NSW
The Australian government has agreed to provide AUD2bn ($1.34bn) of funding for energy infrastructure projects in the state of New South Wales in return for local authorities promising to boost natural gas supply for domestic users.
Gazprom eyes increased role in Bangladesh
MPCL, POL win Pakistani licence
The Pakistani Petroleum Division has awarded a petroleum concession agreement (PCA) and exploration licence for the onshore Taung block to Pakistan Oilfields Ltd (POL) and Mari Petroleum Company Ltd (MPCL).
Oilex sells Australian, Indian assets
Australian independent Oilex has agreed to sell newly acquired assets in Australia as well as a production-sharing contract (PSC) in India as it shifts its focus to exploration plays in the UK.
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