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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)
Senex signs gas sales agreement with Opal
Australian independent Senex Energy has signed a gas sales agreement with local packaging and paper manufacturer Opal for up to 12 PJ of gas over a six-year window.
CNOOC launches CCS project in South China Sea
State-owned China National Offshore Oil Corp. (CNOOC) has launched an offshore carbon capture and storage (CCS) project in South China Sea, the first of its kind in the country.
Petronas awards two marginal field contracts
Malaysia’s state-owned Petronas has awarded two marginal field contracts to Rex International Holding and Duta Marine for the offshore Rhu-Ara and Diwangsa clusters.
Shell takes FID on Malaysian gas field
Royal Dutch Shell has reached a final investment decision on the Timi natural gas field offshore Malaysia, the super-major said this week.
ONGC’s deepwater dive delivers
The state major has announced first gas production from the deepwater KG-D5 block
Inpex seals two carbon-neutral gas supply deals
Japanese oil and gas developer Inpex has announced two new carbon-neutral natural gas supply agreements with Shizuoka Gas and Iruma Gas.
Sinopec to invest in hydrogen to meet carbon neutral targets
China's Sinopec aims to spend CNY30bn ($4.6bn) on hydrogen by 2025 as the state company moves towards producing natural gas and hydrogen instead of oil as part of becoming carbon-neutral by 2050.
AsiaElec: South Korea’s oil and gas funding calls green commitments into question
South Korea provided $127bn in support for overseas oil and gas projects between 2011 and 2020 as government-backed development finance institutions (DFIs) continued to support fossil fuels as the government talked up green energy.
ADNOC awards concession to PPL-led consortium
AsianOil: Pertamina wins regulatory approval for Gajah Besar development
Indonesia’s state-owned Pertamina has secured regulatory approval for its plan of development (PoD) for the Gajah Besar natural gas and condensate field onshore South Sumatra.
Indonesia’s oil, gas output in July misses target again
Indonesia’s oil and gas production in July remained below the government’s 2021 production target of 1.71mn barrels of oil equivalent per day, Indonesian Energy Minister Arifin Tasrif said this week.
India’s crude production slides in July
India’s crude production continued to slide in July even as natural gas production rebounded on the back of new fields being brough onstream.
Santos awards Dorado FEED contracts
Australian independent Santos awarded a couple of front-end engineering and design (FEED) contracts this week for the first phase of development on its shallow-water Dorado development offshore Western Australia.
Australia passes offshore decomm regulations
Australia’s parliament passed new legislation this week that aims to strengthen the country’s offshore decommissioning regulatory framework.
PNG’s upstream negotiations create uncertainty
China finally shows interest in more Turkmen gas
AsianOil: Sinopec completes Qingdao LNG terminal expansion
China’s state-run Sinopec has finished the first stage of expansion work at its Qingdao LNG import facility in Shandong Province.
CNPC to receive 51 bcm of Turkmen gas in exchange for helping boost output at Galkynysh
Iran ‘restarts fuel exports to Afghanistan after messages from Taliban’
Gasoline price leapt as Afghans drove out of cities to escape arriving regime. Amid US withdrawal, fuel traders less anxious about sanctions.
Japan formalises funding for Basra refinery work
Indonesia set to miss 2022 production targets
Upstream regulator SKK Migas has warned that major challenges remain that could prevent oil and gas production from reaching the government’s 2022 target.
BPCL steps up US crude imports
India’s state-run Bharat Petroleum Corporation Ltd (BPCL) is increasing its purchases of US crude oil to meet rising domestic fuel demand, Reuters reported this week.
India reportedly frees up SPR space
India is reportedly selling down some of its strategic petroleum reserves (SPR) ahead of the planned commercialisation of the storage facilities.
CNOOC Ltd’s first-half profit soars
China’s state-run offshore specialist CNOOC Ltd has seen its first-half profit more than tripled from the year earlier period on the back of this year’s oil price rally.
Destini wins Malaysian service contract from Repsol
Malaysian service provider Destini has won a contract to provide tubular handling and conductor installation equipment and services from Repsol Oil and Gas Malaysia.
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