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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)
Santos’ Narrabri CBM project takes step forward
Australian oil and gas developer Santos has revealed that its controversial Narrabri coal-bed methane (CBM) project has taken another important step forward.
Armour sells stake in Queensland CBM project to APLNG
Australia Pacific LNG (APLNG) is set to buy out its junior partner in a coal-bed methane (CBM) development project in Queensland’s Surat Basin.
Indonesia begins overhauling Pertamina
Indonesia’s deteriorating upstream performance has forced the government to rethink state-owned Pertamina’s future, unveiling plans that will see the company’s operations compartmentalised and even opened up to private investment.
Indian gas reforms to spur LNG adoption
The launch of India’s first natural gas exchange, coupled with recent changes to regulations governing liquefied natural gas (LNG) refuelling stations, should help boost the super-chilled fuel’s market penetration.
OIL’s production drops in wake of well blowout protests
State-owned Oil India Ltd’s (OIL) oil and gas production has been hampered by protests in Assam State over an ongoing fire at the company’s Baghjan natural gas and condensate field.
ExxonMobil mulls investment in Vietnamese power
ExxonMobil could be considering a major investment in Vietnam’s gas-fired generating sector
NRG: Looking beyond the crisis
Senex wraps up Surat drilling programme
Australian independent Senex Energy has announced the completion of its drilling programme at its Surat Basin natural gas projects.
Pertamina resumes hunt for downstream partners
Indonesia’s state-owned Pertamina has said it is looking for new partners to help it develop two major downstream projects after Saudi Aramco and Oman’s Overseas Oil and Gas (OOG) exited the projects.
Pakistan to charge OMC executives over fuel shortages
Pakistan’s investigation into allegations that the country’s oil marketing companies (OMCs) have orchestrated a national shortage of gasoline could lead to the prosecution of two company heads.
China reportedly starts consolidating its LNG terminals
The Chinese government has reportedly ordered the country’s three largest state-owned oil and gas companies to hand over control of 10 liquefied natural gas (LNG) terminals to newly created China Oil & Gas Piping Network (PipeChina).
China’s May oil imports set new record
China’s oil imports soared to a new record of 47.97mn tonnes (11.34mn barrels per day) in May, General Administration of Customs (GAC) data showed on June 7. The volume outstrips the previous record of 11.18mn bpd set in November 2019.
Queensland unveils new natural gas royalty model
Australia’s Queensland State has unveiled a new natural gas royalty model that will adopt a volume based approaching to calculating payments rather being index-based.
Sarawak warns Petronas of further legal action
Malaysia's Sarawak State has fired a warning shot across the bow of national oil company (NOC) Petronas, saying that it would resume legal action unless the two sides come to a final understanding over unpaid taxes.
India seeks to capitalise on depressed LNG prices
Iran’s central bank governor warns legal action may be taken to obtain oil money owed by South Korea
Shell reportedly weighs sale of stake in QCLNG
Royal Dutch Shell is reportedly considering selling a stake in the common facilities at its Queensland Curtis LNG (QCLNG) plant in Queensland, Australia.
NSW CBM moratorium advances
New South Wales’ Upper House passed a controversial Bill on June 3 that seeks to ban coal-bed methane (CBM) development within the state.
PNG suspends trading of Oil Search shares
Oil Search revealed this week that Papua New Guinea’s (PNG) market regulator had ordered the National Stock Exchange (PNGX) to suspend trading of the company’s shares.
Jadestone’s first-quarter profits jump 22%
Asia-focused independent Jadestone Energy has reported a 22.4% year-on-year jump in its first-quarter net profit to $13.1mn.
QP reserves South Korean LNG shipbuilding capacity in $19bn megadeal
QP has agreed to reserve LNG shipbuilding capacity with three South Korean shipbuilders in an order worth $19bn as the company pushes on with its gas expansion plans.
Pertamina, CPC close to building West Java petrochemical plant
Indonesia’s state-owned Pertamina and Taiwan’s state-run CPC are reportedly set to build joint petrochemical complex in West Java Province.
OIL struggles to cap gas well blowout
The Indian Ministry of Petroleum and Natural Gas has sent to a team to inspect state-run Oil India Ltd’s (OIL) well in Assam State, which has been leaking natural gas and condensate for more than a week.
Asian LNG prices slump once more
The global oversupply of LNG and the destruction of Asian demand owing to the COVID-19 pandemic have sent spot prices spiralling for a second week.
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