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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.
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.
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Read a recent issue cover to cover (click the image below)
MOL to accelerate investment in LNG-fuelled vessels
Japanese shipping company Mitsui OSK Lines (MOL) said on January 5 that it would accelerate investment in LNG-fuelled vessels, as well as offshore wind power, this year as it pursues decarbonisation.
Beetaloo sub-basin sees well result, grant ruling
Australia’s Beetaloo sub-basin has been in the news over the past couple of weeks owing to new well results and a legal battle over grants to a driller.
Karnataka partners with LNG Alliance to develop import terminal
The government of the Indian state of Karnataka has partnered with Singapore’s LNG Alliance and New Mangalore Port Trust (NMPT), a state port in Mangalore, to develop an LNG import terminal.
Bangladesh announces methane hydrate discovery in Bay of Bengal
Bangladeshi Minister of Foreign Affairs AK Abdul Momen said on January 5 that his country may hold “huge” methane hydrate deposits in the Bay of Bengal.
Petronas announces third Balingian Province gas discovery
Petronas Carigali, a subsidiary of Malaysia’s state-owned Petronas, has made a natural gas discovery with the Hadrah-1 wildcat exploration well drilled in shallow waters of Balingian Province, offshore Sarawak.
Iraq signs refining deal as gas flows halt power plants
Venture Global strikes supply deal with CNOOC
The US’ Venture Global LNG announced in late December that it had struck a deal to supply LNG to a subsidiary of China National Offshore Oil Corp. (CNOOC).
Prelude FLNG shutdown extended by regulator’s order
Australia’s NOPSEMA regulator has ordered Royal Dutch Shell not to return its Prelude floating LNG facility to service until the company can prove that it can keep the vessel properly powered and that safety systems are operational.
OPEC picks new Secretary-General as restrictions ease
AsianOil: Prelude FLNG shutdown extended by regulator’s order
Australian regulator NOPSEMA has ordered Royal Dutch Shell not to return its Prelude floating LNG (FLNG) facility to service until the company can prove that it can keep the vessel properly powered and that safety systems are operational.
South Korean imports of US crude likely to increase in 2022
Harbour targets Tuna FID in 2023
Harbour Energy is aiming to sanction development of its Tuna discovery offshore Indonesia in 2023, with first production planned for 2026.
MOL, Vopak partner on FSRU for Hong Kong
Mitsui OSK Lines (MOL) and Royal Vopak announced this week that they had agreed to jointly own and operate a floating storage and regasification unit (FSRU) set to serve the first Hong Kong LNG import terminal.
Sinopec adds reserves at Fuling, reports Subei tight oil flows
China’s Sinopec said that it has added 104.88bn cubic metres of newly proven gas reserves at the Fuling shale play in the south-western Sichuan Basin. At the same time, it reported record flows from three tight oil wells in the Subei Basin.
India turns to Russia as oil prices remain high
Osaka Gas unveils plans to enter India’s city gas market
Japan’s Osaka Gas said this week that it was planning to enter India’s city gas market, with the move part of an overseas expansion aimed at driving profit growth.
Tamaska Oil and Gas acquires Mongolian coalbed methane project
Idemitsu receives Emirati blue ammonia
Senex agrees to Posco takeover
Australia’s Senex Energy has agreed to be acquired by Posco International, the trading arm of South Korean steelmaker Posco, for AUD852.1mn ($606.8mn).
AsianOil: Senex agrees to Posco takeover
Australia’s Senex Energy has agreed to be acquired by Posco International, the trading arm of South Korean steelmaker Posco, for AUD852.1mn ($606.8mn).
Baron Oil provides seismic reprocessing update for Chuditch discovery
UK-based Baron Oil said this week that it had received interim results from the reprocessing of 3D seismic data along the trend of the Chuditch-1 gas discovery offshore Timor-Leste.
Woodside earmarks $5bn for new energy investments
Australia’s Woodside has committed to spending $5bn on “new energy” by 2030 in a bid to embrace the energy transition.
Malaysia’s Sabah to form state oil and gas company following Petronas deal
Malaysia’s Sabah State has signed a commercial collaboration agreement with state-owned Petronas on oil and gas development in the state, which will lead to the formation of its own oil and gas company.
ConocoPhillips makes moves in Indonesia, Australia
US-based ConocoPhillips is selling its assets in Indonesia to MedcoEnergi for $1.355bn, while also exercising its right to buy an additional 10% stake in the APLNG project in Australia that had been due to be sold to EIG Global Energy Partners.
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