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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)
Rich countries must cut oil and gas output 74% to ensure fair transition
Rich countries must reduce oil and gas output by 74% by 2030 and fully by 2034 in order to keep the world on track for 1.5°C and give poorer oil-reliant countries longer to replace their income from fossil fuel production.
China said to eye cheap Russian LNG
Russia and India are setting up direct oil payment channel
Russian state development bank VEB.RF and the Reserve Bank of India have set up a direct payment channel as an alternative to SWIFT. Reportedly, the channel will serve transactions in rupee and rubles, most notably for Russian oil and gas.
Petrofac wins contract for first phase of Northern Endeavour FPSO decommissioning
Service provider Petrofac announced on April 1 that it had been awarded a “major” decommissioning contract by the Australian government for the Northern Endeavour FPSO.
ONGC advances exploration plans, moves to commercialise Vindhyan Basin
India’s state-owned Oil and Natural Gas Corp. (ONGC) is advancing plans for new offshore exploration.
PTTEP unveils net-zero goal
Thailand’s state-owned PTT Exploration and Production (PTTEP) has joined the ranks of oil and gas companies to adopt a long-term goal of net zero greenhouse gas (GHG) emissions.
Sapura saga continues to unfold
Malaysia’s debt-ridden Sapura Energy continues to explore ways to avoid bankruptcy after state-owned Petronas denied reports that it could buy a significant stake in the services firm.
Chinese buyers turn to next wave of US LNG projects for supply deals
New supply deals have been struck in recent days between Chinese buyers and developers of yet-to-be-built US LNG export terminals.
India picks up cheap Russian oil
Japan’s leading refiners snub Russian crude
Sinopec plans biggest capex budget in its history
China’s Sinopec is targeting the largest capital expenditure budget in its history for 2022.
Japan to support Kuwait’s oil capacity push
OPEC+ kicks off meeting with focus on supplies
AsianOil: Sinopec plans biggest capex budget in history
China’s Sinopec is targeting the largest capital expenditure budget in its history for 2022.
Petronas signs new offshore exploration PSCs, Shell kicks off new Gumusut-Kakap phase
Malaysia’s Petronas announced on March 23 that it had signed several new production-sharing contracts covering offshore exploration blocks that had been awarded during the Malaysia Bid Round (MBR) 2021.
ONGC commissions water injection platform at Mumbai High
India’s Oil and Natural Gas Corp. (ONGC) has commissioned a new water injection platform at its Mumbai High project off the country’s west coast.
Santos announces Pavo discovery off Australia
Santos announced a “significant” oil discovery with the Pavo-1 well offshore Western Australia, boosting the prospects for its nearby Dorado development and further exploration in the region.
McDermott announces delivery of U-Field for ONGC’s KG-DWN 98/2 Block
McDermott International announced on March 23 that it had navigated challenges, including the coronavirus (COVID-19) pandemic and an active monsoon season, to deliver the U-Field gas project offshore India.
China’s Sinopec reportedly suspending Russian project talks
China’s state-controlled Sinopec Group has reportedly suspended talks on a petrochemical investment and gas marketing venture in Russia.
Chinese Sinopec said to suspend Russian projects
NextDecade, Guangdong Energy sign HoA for LNG supply
US-based NextDecade announced on March 24 that it had signed a binding heads of agreement (HoA) with China’s Guangdong Energy for the supply of LNG from a planned facility on the US Gulf Coast.
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