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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)
Gazprom shuts down Power of Siberia for maintenance
PetroVietnam’s oil output exceeds government targets
State-owned PetroVietnam said it has exceeded its government-set oil and gas production target for the first two months of the year by 9.3%.
ONGC tests KG-D5 well
India’s state-run Oil and Natural Gas Corp. (ONGC) has tested the first well at its deep-water KG-DWN-98/2 (KG-D5) in the Krishna Godavari (KG) Basin.
Santos makes progress on Narrabri CBM approvals
The New South Wales State government has referred Santos’ Narrabri coal-bed methane (CBM) project to the Independent Planning Commission (IPC) for review, the company announced on March 11.
Senex bullish after Surat Basin results
Australian independent Senex Energy has said it expects to enjoy “transformational” growth over the next few years, after its natural gas projects in Queensland’s Surat Basin outperformed original expectations.
CNOOC mulls internal merger
State-owned China National Offshore Oil Corp. (CNOOC) is reportedly planning to hand control of its natural gas and power division to listed unit CNOOC Ltd.
Pertamina plans “aggressive” drilling campaign
Indonesia’s state-owned Pertamina has said it will increase its upstream investment in order to continue “aggressively” drilling wells.
Asia’s biggest oil producers size up low price environment
Some of Asia’s biggest crude oil producers are preparing to respond to the past week’s crude oil price crash, triggered by Russia and Saudi Arabia’s inability to agree on production cuts as well as the coronavirus pandemic.
Uganda approves CNOOC’s ESIA study for Kingfisher
Uganda’s National Environment Management Authority (NEMA) has acknowledged CNOOC Uganda, a subsidiary of China National Offshore Oil Corp. (CNOOC), for its completion of a report on plans to develop the Kingfisher oilfield.
Nigerian government issues sovereign guarantees for Chinese pipeline credit
Nigeria’s federal government has pledged to provide a sovereign guarantee covering most of the costs of building the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline.
India’s upstream underwhelms
While India’s declining oil and gas production should spur the government to speed up effforts to attract fresh upstream investment, New Delhi has delayed the deadline for its latest licensing round by a month.
Senex completes Roma North drilling, shifts to Atlas
Australian independent Senex Energy has announced that following the completion of its Roma North drilling campaign the company is re-mobilising its rig to Project Atlas. Both projects are located in Queensland’s Surat Basin.
ConocoPhillips awards final equipment contracts for Barossa project
US super-major ConocoPhillips has awarded contracts for the supply and installation of subsea infrastructure at the Barossa natural gas and condensate project offshore Australia’s Northern Territory.
Pertamina farms in to Southeast Jambi Block
Indonesia’s state-owned Pertamina has farmed in to a 27% stake in the Repsol-operated Southeast Jambi Block on Sumatra.
Uzma wins service contracts from Shell, Petronas
Malaysian service provider Uzma has won two new contracts from Royal Dutch Shell and state-owned Petronas worth a combined MYR136mn ($32.3mn).
CNPC brings 99% of production back online
State-owned China National Petroleum Corp. (CNPC) has said it has brought its oil and gas production levels back to 99% of capacity, following the coronavirus (COVID-19) outbreak.
Pertamina to relocate Bontang refinery project
Indonesia’s state-run Pertamina has decided to relocate its $10-15bn refinery project from Bontang City in East Kalimantan Province following the end of its partnership with Oman’s Overseas Oil and Gas (OOG).
Chinese gas demand growth slows in January
China’s apparent consumption of natural gas climbed by 3.4% year on year in January to 29.65bn cubic metres, the National Development and Reform Commission (NDRC) announced on February 28.
Pakistan LNG considers terminating supply agreements
Pakistan LNG is reportedly considering cancelling two long-term LNG supply contracts to take advantage of low spot prices for the fuel.
OMV gears up for drilling campaign offshore NZ
APPEA backs return of conventional gas exploration to Victoria
The Australian Petroleum Production and Exploration Association (APPEA) has thrown its support behind the Victorian opposition’s call to lift the state’s ban on conventional onshore natural gas development.
Equinor ditches Great Australia Bight drilling plan
Norwegian developer Equinor has abandoned plans to explore offshore South Australia in the deep waters of the Great Australia Bight.
South Korea leans more heavily on US oil
South Korea’s imports of crude oil from the US more than doubled in 2019 as refiners sought to diversify their supply portfolios and 2020 is expected to follow a similar trend.
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