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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)
Qatar reportedly pivots to China in search for LNG partners
Qatar Petroleum is reported to be in talks with Chinese firms with a view to bringing them in as partners in its LNG expansion.
Australian decomm levy frustrates upstream
Sinopec incentivises VLSFO production
China’s state-run Sinopec Corp. is reportedly offering to incentivise production of very low sulphur fuel oil (VLSFO) among its refineries.
Japan to help develop Philippine SPR programme
The Philippines has reached a preliminary agreement with Japan to develop a strategic petroleum reserve (SPR) to help insulate the Southeast Asian nation from future oil shocks.
ADB mulls end to upstream funding
The Asian Development Bank (ADB) has announced plans to phase out funding for upstream projects while also introducing conditions on fossil fuel investments in general.
Petronas adopts AECO price index for spot LNG sale
Malaysia’s state-owned Petronas has sold its first spot shipment of liquefied natural gas (LNG) using the Canada Alberta Energy Company (AECO) price index.
Pakistani pipeline polemic
India’s state refiners curb runs
India’s state-run oil refiners have reportedly trimmed their runs in response to falling demand in the wake of the country’s second wave of coronavirus (COVID-19) infections.
AsianOil: Comet wins CBM block in Queensland
Australian independent Comet Ridge has been awarded a new coal-bed methane (CBM) exploration block by the Queensland State government.
Zarubezhneft targets Rosneft assets in Vietnam
Sinopec chases new opportunities in China’s expanding gas sector
The company has outlined an ambitious investment plan for the next five years as it seeks to pivot towards liquefied natural gas (LNG) imports.
Total resumes push towards FID for Papua LNG
France’s Total announced this week that following talks with the government of Papua New Guinea (PNG), it was remobilising project teams and other required resources to move the proposed Papua LNG project forward.
Philippine official lashes out at China
Philippine Foreign Secretary Teodoro Locsin has lashed out at China’s continued presence within waters the Southeast Asian country claims.
ACCC to approve Queensland LNG maintenance co-ordination
Australia’s competition watchdog has said it is inclined to approve plans by Queensland’s three liquefied natural gas (LNG) projects to extend their co-ordination of maintenance schedules as long as the process remains transparent.
Petronas picks Tanjung Offshore for well abandonment work
Malaysian service provider Tanjung Offshore Services has won a $12mn contract from state-owned Petronas for plug and abandonment integrated services for the shallow-water Pulai field.
SKK Migas sets Rokan well target
Indonesian upstream regulator SKK Migas has said drilling nearly 200 wells at the country’s second-largest oilfield this year will be crucial to achieving the government’s long-term production targets.
Indian TPPs seek easier access to ONGC’s gas
An industry body representing India’s power generators is lobbying the government to make it easier for certain natural gas-fired thermal power plants (TPPs) to bid for supplies of the fuel from a new deepwater field.
Petchems in view for Aramco
AGL formally scraps Crib Point LNG import project
Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project. The move is not a surprising one, as it comes around a month after the State of Victoria rejected the plan.
GLNG: AGL formally scraps Crib Point LNG import project
Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project, arounnd a month after the State of Victoria rejected the plan on concerns over its environmental impact.
AsianOil: PetroChina posts best quarterly profit in seven years
State-run PetroChina has posted a first-quarter net profit of CNY27.72mn ($4.28bn), a return to the black after the previous year’s CNY16.23bn ($2.51bn) loss.
Armour announces NT resource update ahead of asset spin-off
Australian independent Armour Energy has announced the independent confirmation of a resource estimate for its Northern Territory assets as it prepares to spin off the fields.
Texcal ramps up oil production onshore Indonesia
Texcal Mahato has successfully brought on stream a new oil producing well at the Mahato production-sharing contract (PSC) onshore Indonesia.
Sinopec returns to profit in Q1
China’s state-run Sinopec Corp. has posted a first-quarter net profit of CNY17.93bn ($2.77bn), a significant turnaround from the CNY19.87bn ($3.07bn) loss it recorded in the same period of 2020.

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