AsianOil - Asia Oil & Gas

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Oil & Gas

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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)

India warns of global economic fallout from soaring oil prices

4 February 2021

The Indian government sounded the alarm this week over rebounding oil prices, saying that a sustained rally could hurt the global economic recovery.

Keppel, Daewoo, Samsung submit bids to Petrobras for FPSO construction

4 February 2021

Brazil’s national oil company (NOC) Petrobras said earlier this week that it had received three proposals for a contract to build two new drilling platforms.

Japan’s trading houses pull back from upstream

4 February 2021

Japan’s trading houses have begun pulling back from upstream projects amid intensifying emission reduction targets and weakening domestic oil and gas demand.

Chevron reports reduced production at Wheatstone LNG

4 February 2021

Super-major Chevron has said its Wheatstone LNG plant is operating below capacity while repairs are carried out on an inlet separator.

LOOP oil exports to Asia hit record highs

4 February 2021

Crude exports from the Louisiana Offshore Oil Port (LOOP) – the only US port that can fully load very large crude carriers (VLCCs) – reached a new record in January.

Woodside commits to Myanmar drilling despite coup

4 February 2021

Australian developer Woodside Petroleum remains committed to drilling three deepwater wells offshore Myanmar this year, despite the country’s recent military coup.

Talon expands exploration portfolio

4 February 2021

Australian junior Talon Petroleum has unveiled plans to expand its exploration portfolio by farming in to a stake in a proposed coal-bed methane (CBM) licence in Mongolia.

Occidental delivers carbon-neutral oil cargo to India

3 February 2021

Occidental Petroleum announced this week that its Oxy Low Carbon Ventures division had delivered a cargo of carbon-neutral crude oil to Reliance Industries Ltd (RIL) in India.

NRG AsianOil: KNOC seeks to sell North Sea fields

2 February 2021

State-owned Korea National Oil Corp (KNOC) is reportedly seeking to sell a number of its upstream assets in the North Sea as it strives to reduce its debt load.

Baker Hughes predicts 3-4 LNG FIDs in 2021

29 January 2021

Oilfield services firm Baker Hughes anticipates that 3-4 LNG export projects will be sanctioned this year as the industry recovers from the pandemic-related downturn.

India forges closer ties with IEA

28 January 2021

India’s concerns over energy security amid international oil price volatility have prompted the country to forge closer ties with the Paris-headquartered International Energy Agency (IEA).

OIL launches seismic campaign in north-east India

28 January 2021

State-owned Oil India Ltd (OIL) has begun acquiring 2D and 3D seismic data at an onshore block in the north-eastern state of Tripura.

Strike spuds second West Erregulla appraisal well

28 January 2021

Australian junior Strike Energy has spudded its second appraisal well in the onshore West Erregulla natural gas field in Western Australia.

Indonesian regulator confirms NuEnergy’s CBM discovery

28 January 2021

Indonesian upstream regulator SKK Migas has confirmed Australian-listed NuEnergy’s discovery of gas at one of the company’s coal-bed methane (CBM) projects in South Sumatra.

ExxonMobil to bring West Barracouta on stream this year

28 January 2021

US super-major ExxonMobil has said it is nearing completion of its West Barracouta project offshore Australia’s southern state of Victoria and aims to deliver first gas to the local market this year.

PTT reviews COVID-19’s impact on Thai LNG demand

28 January 2021

State-owned Thai major PTT has said it is monitoring how the country’s latest outbreak of COVID-19 infections will affect domestic demand for liquified natural gas (LNG).

NRG AsianOil: PNOC-EC keen on exploring Mindanao’s onshore

25 January 2021

State-run PNOC Exploration Corp. (PNOC-EC) said last week that it is eager to launch an onshore exploration campaign on the country’s second-largest island of Mindanao.

Panama Canal congestion contributes to LNG price spike

22 January 2021

Congestion in the Panama Canal delaying shipments of LNG from the US Gulf Coast to Asia is among the factors contributing to record-high spot prices for the super-chilled fuel in Northeast Asia.

Asian buyers need to rethink LNG strategy

21 January 2021

Asian buyers of liquefied natural gas (LNG) are beginning to rethink their energy strategies after prices soared to record highs in recent weeks.

Woodside, Santos enjoy record production in 2020

21 January 2021

Australia’s two largest oil and gas developers, Woodside and Santos, have posted record production figures for 2020, though both companies saw revenues compressed by last year’s energy price collapse.

Woodside expands LNG supply deal with Uniper

21 January 2021

Australia’s Woodside Energy has agreed to expand its supply of liquefied natural gas (LNG) to Germany’s Uniper Global Commodities.

Edited by

Andrew Kemp

Editor

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