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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)
Gazprom starts designing $20bn gas pipeline to China
Russia’s Gazprom is pushing ahead with plans to build a second major gas pipeline to China.
NRG: A slow and painful recovery
The market may be showing early signs of a recovery, but for many oil and gas companies, the worst is still to come
Australian LNG exports reported as holding up in April
Australia’s LNG exports remained robust in April, despite many countries going into lockdown as they sought to contain the coronavirus (COVID-19) pandemic, thus putting the brakes on demand.
Report: India’s LNG import growth depends on pipelines
The US Energy Information Administration warned last week that the future growth of India’s LNG imports depended on the timely completion of new gas pipeline networks.
Trafigura shifts oil trading operations from Shandong to Shanghai
International commodity trader Trafigura is reportedly planning to move its crude oil marketing operations from Qingdao in Shandong Province to its commodities desk in Shanghai.
Mosman farms out NT permit application
UK-listed independent Mosman Oil and Gas has agreed to farm out a 70% operated stake in its application for the EP 155 permit, which is located in Australia’s Northern Territory.
ARENA funds APA’s renewable methane pilot
The Australian Renewable Energy Agency (ARENA) has awarded AUD1.1mn ($712,000) in funding for a renewable methane pilot project that is being developed by APA and Southern Green Gas.
Petronas, Sarawak settle oil and gas dispute
Malaysian national oil company (NOC) Petronas and the Sarawak State government have settled their dispute over oil and gas rights as well as a multi-million dollar unpaid tax bill.
IOC scales up refinery runs
State-run refiner Indian Oil Corp. (IOC) has revealed that it plans to scale up its refinery operations this month as the country’s oil product demand slowly rebounds.
Indian district demands ONGC, GAIL review safety protocols
Authorities in a district of India’s Andhra Pradesh State have ordered state-run Oil and Natural Gas Corp. (ONGC) and GAIL (India) to produce a safety certificate for their facilities or face a suspension of operations.
India rethinks upstream policy amid low prices
India’s government finally appears ready to listen to calls from the country’s state-run oil and gas developers that some measure of upstream relief is needed during the current downturn in energy prices.
Warning issued over potential LNG shortage in Japan
The world is struggling to absorb a glut of LNG, but import-dependent Japan could find itself facing a shortage of the fuel
G3E’s receivers turn off the gas at Chinese block
Privately owned G3 Exploration (G3E) has revealed that its receivers have suspended production from assets in the Shizhuang South (GSS) coal-bed methane (CBM) block.
KrisEnergy reviews Thai operations after oil price collapse
Singaporean independent KrisEnergy has warned that the steep fall in oil prices during the first four months of this year would weigh on revenue from its Thai and Bangladeshi operations.
Woodside wins Australia’s first ship-to-ship LNG bunkering licences
The Pilbara Port Authority (PPA) has issued Australia’s first ship-to-ship liquefied natural gas (LNG) bunkering licences to Woodside Petroleum.
PTTEP slashes spending as profits tumble
Thailand’s state-owned PTT Exploration and Production (PTTEP) has unveiled plans to slash capital expenditure this year after the oil price collapse sent the company’s quarterly profit tumbling.
OGDC suspends shale gas drilling
Pakistan’s state-owned Oil and Gas Development Co. (OGDC) has reportedly suspended work on its first shale gas well.
Pakistani fuel shortages loom
Pakistan could run out of oil products within the next few weeks owing to government agencies’ inability to work together to resolve a supply shortfall, local daily The News reported on May 5.
Queensland reopens exploration bid round
The Australian state of Queensland has announced plans to restart its 2020 exploration tender, which was suspended as the country ramped up its response to the coronavirus (COVID-19) pandemic.
Indian oil and gas demand plummets 70%
Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan said this week that the country’s energy demand had fallen by 70% since the nationwide lockdown began on March 24.
Australia’s CBM sector enjoys good news
The Australian upstream has been battered by this year’s collapsing oil and gas prices, with developers big and small reviewing their capital expenditure and deferring projects until business conditions improve.
Australian regulator approves Ichthys LNG subsea work
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Inpex’s plan for subsea modifications to the Ichthys LNG project.
Hopes for resilience of LNG demand
The COVID-19 pandemic is hitting many industries, including LNG, but there are hopes that demand for the fuel will stay resilient despite being dented in the short term.
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