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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)
LOOP oil exports to Asia hit record highs
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
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
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
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.
BP sells stake in Oman gas project in major divestment move
NRG AsianOil: KNOC seeks to sell North Sea fields
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
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
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
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
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
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
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
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).
Premier farms down at Tuna PSC to Zarubezhneft
Iran chases up Indonesia over seized tanker
NRG AsianOil: PNOC-EC keen on exploring Mindanao’s onshore
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
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
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
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
Australia’s Woodside Energy has agreed to expand its supply of liquefied natural gas (LNG) to Germany’s Uniper Global Commodities.
KrisEnergy announces exit from Bangladesh’s offshore
Bangladesh’s flagging offshore exploration scene has taken another knock, following news this week that a shallow-water project has been returned the government.
China’s city-gas operators enjoy winter rush
China’s coldest winter in decades has proved to be a boon for the country’s city-gas operators, which have seen fuel demand skyrocket.
India decries Saudi production cuts
India has complained about Saudi Arabia’s decision earlier this month to cut crude oil production and has suggested the move could see oil buyers shift to alternative energy sources.
Talon to expand footprint in WA’s onshore
Australian junior Talon Petroleum is set to expand its holdings in Western Australia’s onshore Perth Basin after agreeing to buy a 100% stake in the Muchea play from Macallum.
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