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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)
US, India take steps towards oil reserve co-operation
Officials representing the US and India have signed a memorandum of understanding on co-operation relating to emergency crude reserves.
NRG: A global mixed bag
The global pandemic is beginning to sort the weak from the strong, with some oil and gas projects receiving continued support despite the downturn while others are being labelled “wait and see”
LNG buyers increasingly seek flexibility as oil-indexation declines
Oil-linked LNG contracts are falling out of favour, while buyers are increasingly in a position to demand more flexibility from sellers.
Bangladesh LNG power project secures Japanese loans
Japanese companies intend to loan JPY69bn ($644mn) to a new liquefied natural gas (LNG) fired power project in Bangladesh.
Senex reports major Surat Basin gas reserves increase
Australian junior Senex Energy has reported a 21% increase in its proved and probable (2P) natural gas reserves in its Surat Basin projects following an independent assessment of its estimates.
Pertamina plans to maintain Rokan oil production
Indonesia’s state-owned Pertamina has said it wants to produce up to 180,000 barrels per day of crude oil from the onshore Rokan block once it assumes operatorship next year.
AGN unveils South Australian gas grid expansion plans
Australian Gas Networks (AGN) has unveiled plans to invest around AUD580mn ($404.8mn) in the South Australian natural gas grid over the next five years.
RIL, Aramco deal delayed
Reliance Industries Ltd (RIL) has blamed current economic headwinds for delays to the planned sale of a 20% stake in its oil-to-chemicals (OTC) business to Saudi Aramco.
Australian firms issue asset write-down warning
Australian oil and gas companies have begun the painful process of writing off billions from the value of their upstream assets after energy prices tanked earlier this year.
China’s oil imports set new record in June
China’s oil imports reached an all-time high of 53.18mn tonnes (12.99mn barrels per day) in June, according to General Administration of Customs (GAC) data released on July 14.
NRG: Deep and wide – coverage round the world
Shell could sell Abadi LNG stake
Shell would like sell its 35% stake in Indonesia’s Abadi gas field
Southeast Asian majors consider green future
Two of Southeast Asia’s state-owned oil and gas majors have unveiled plans to begin investing in renewable energy as they begin to prepare for a fossil-free future.
China issues first private fuel export licence
China has reportedly granted its first ever fuel export licence to a private refiner, a sign that the independent downstream sector is emerging from the shadow of the state-owned giants.
PGN plans petchem play
Indonesia’s state-owned natural gas utility Perusahaan Gas Negara (PGN) has announced plans to enter the petrochemical segment in order to diversify its business model.
India’s state majors plan $47.6bn investment
The Indian government has said the country’s state-run oil and gas companies have pledged to invest a combined INR3.57 trillion ($47.6bn) across 859 new and existing projects.
Indonesia’s Aceh Province unveils oil, gas discoveries
The Indonesian province of Aceh said last week that two joint studies had discovered oil and gas reserves at the offshore Singkil and Meulaboh blocks.
Viva seeks partners for Victorian LNG project
Australian fuel distributor Viva Energy has begun seeking potential partners for its planned liquefied natural gas (LNG) import terminal in Victoria.
Shell aims to exit major Indonesian gas block
Indonesian upstream regulator SKK Migas has confirmed reports that Royal Dutch Shell intends to divest its 35% stake in the giant Masela gas block.
NRG: Bracing for the second wave
COVID-19 weighs on LNG exports as demand remains depressed
COVID-19 continues to depress demand for LNG and batter exports, though some positive signs have emerged amid a generally bearish outlook for the coming months.
Jadestone acquires Lemang PSC onshore Indonesia
Singapore-based independent Jadestone Energy has agreed to pay up to $44mn for Mandala Energy Lemang’s 90% operated stake in the Lemang production-sharing contract (PSC) onshore Indonesia.
CNOOC Ltd announces “significant” South China Sea discovery
State-run CNOOC Ltd has announced a “significant” shallow-water crude and condensate discovery in the eastern South China Sea.
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