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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)
Coronavirus hampers Shandong teapots' efforts to secure credit
A number of independent refiners in China’s Shandong Province have had their credit lines suspended over concerns about shrinking fuel demand following the spread of the coronavirus.
PTTEP, Total awarded Omani block
Oman has awarded an exploration and production-sharing agreement (EPSA) for the onshore Block 12 to Thailand’s state-owned PTT Exploration and Production (PTTEP) and French major Total.
ONGC reportedly seeks Tapti exploration licence
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly applied for a 10-year exploration licence to the depleted Tapti natural gas field.
Zarubezhneft eyes Indonesian block
Three OPEC countries considering deeper output cuts
ONGC hires Belorusneft for EOR project
India’s state-run Oil and Natural Gas Corp. (ONGC) has hired a Belarusian oil and gas company to provide enhanced oil recovery (EOR) services at six of its mature oilfields.
KrisEnergy to exit Vietnamese block
Financially troubled Singaporean developer KrisEnergy continued to rationalise its upstream portfolio last week with the news that it had agreed to sell a block offshore Vietnam.
Australia assumes control over stranded FPSO
The Australian government has temporarily taken control of a stranded floating production, storage and offloading (FPSO) vessel in the western Timor Sea.
PEL brings Pakistani gas block on stream
Pakistani independent Petroleum Exploration Ltd (PEL) has started commercial production of natural gas from the onshore Badin IV South Block in Sindh Province, according to junior partner Jura Energy.
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.
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