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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)
Pavilion targets Europe in bid to become global LNG trader
Singapore-based Pavilion Energy is targeting new markets in Europe as well as expanding in Asia as the gas importer and marketer aims to become a global trader of LNG.
Mitsui moves to sell BassGas stake
Japanese developer Mitsui & Co. has said it is looking to sell its 40% stake in the BassGas project off the coast of Australia’s south-eastern state of Victoria.
KOGAS agrees to buy US LNG from BP
State-owned Korea Gas has struck a deal to buy 1.58mn tonnes per year of US LNG from super-major BP.
Trader rejects Mitsubishi’s account of losses
A trader that worked at Mitsubishi’s Singaporean arm until last week has disputed the Japanese company’s version of events surrounding a $320mn loss on crude oil derivatives trades.
China updates oil reserve figures
China’s National Energy Administration (NEA) has given its first official update on the country’s strategic oil inventories in almost two years.
Pakistan unveils new LNG projects
Pakistan has taken a major step forward in tackling its chronic natural gas shortages, having shortlisted companies to build five liquefied natural gas (LNG) terminals in the country, either individually or in a consortium.
Petronas posts 9% gain in H1 profit
Malaysia’s state-owned Petronas has posted a first-half net profit of MYR28.9bn ($6.92bn), up 9% on the same period of 2018.
India’s Petronet buys into Tellurian’s Driftwood LNG
Tellurian’s agreement with India’s Petronet brings the company a step closer to an FID on its Driftwood LNG project, and may be one of the largest ever LNG supply deals in US history.
IOC looks to up US oil imports
State-run Indian Oil Corp. (IOC) has said it is willing to increase crude imports from the US once export bottlenecks have been resolved.
Asian LNG buyers seek better contract terms
Asian LNG importers are seeking better contractual terms from their long-term suppliers in response to depressed prices on the spot market.
Russia's Rosneft to invest $850mn in Indian Vadinar refinery
Magnolia terminal to supply gas to Vietnamese LNG-to-power project
Australia-listed LNG Ltd has struck a deal to supply gas to a province in Vietnam from its Magnolia export terminal in Louisiana, on the US Gulf Coast.
Inpex mulls Ichthys LNG expansion
Japanese developer Inpex has revealed that it is looking at ways to expand its $45bn Ichthys LNG project offshore north-western Australia as it approaches full capacity.
China’s oil and gas production climbs in August
China’s crude oil production inched up 1% year on year in August to 16.18mn tonnes (3.83mn barrels per day), according to data from the National Bureau of Statistics (NBS).
The Philippines flipflops on South China Sea
The Philippine government has retreated from President Rodrigo Duterte’s comments that he is willing to set aside an international tribunal’s ruling on the South China Sea in order to explore the area jointly with China.
ONGC may buy out partners in OPaL
India’s state-run Oil and Natural Gas Corp. (ONGC) may buy out its partners in polymer manufacturer ONGC Petro Additions Ltd (OPaL) in order to list the company.
India may privatise BPCL stake
The Indian government is reportedly leaning towards selling its controlling stake in refiner Bharat Petroleum Corporation Ltd (BPCL) to either a private company or an international major.
TPI urges fossil fuel industry to face up to climate change
Australia's Oilex prepares for UK foray
China calls for calm after attacks on Saudi oil production
Asia’s oil importers have been left nervously watching the US beat the war drum in response to attacks over the weekend that knocked out 5.7mn barrels per day of Saudi Arabian crude oil production.
Drone attacks target vital Aramco facilities
Western Gas seeking partner for Equus FLNG
Western Gas has appointed Goldman Sachs to help it find a partner for the Equus LNG project offshore Western Australia.
Costs rise at Aramco & ADNOC’s Indian super-refinery confirmed
China outmanoeuvres India in game of zones
China’s continuing efforts to expand its influence throughout the Asia-Pacific region have unnerved India for many years, with New Delhi striving to counter Beijing’s influence wherever it can.
Buru welcomes WA fracking changes
Buru Energy has welcomed Western Australia’s decision to lift its state-wide moratorium on hydraulic fracturing.
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