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Read a recent issue cover to cover (click the image below)
China's Beijing Saite eyes Cambodia oil refinery investment
Beijing Saite Holding Co., Ltd., a Chinese company, is considering investing in Cambodia’s crude oil refining sector, including the production of by-products from refining residues, the firm’s chairman said.
TotalEnergies plans to restart Mozambique LNG project by mid-2025
French energy supermajor TotalEnergies has confirmed its plans to resume operations on the Mozambique liquefied natural gas (LNG) project by mid-2025.
Japan, India team up for biomethane production plants
Japan’s Sojitz and India’s IOC GPS Renewables have agreed to cooperate on a $400mn investment to set up 30 plants throughout India for the production of biomethane.
India and Angola deepen ties with energy, defence and tech partnerships
ndia and Angola have agreed to strengthen their strategic partnership across energy, digital infrastructure, space technology and defence
OPEC+ members agree to add to production levels
A core group within the OPEC+ alliance has pressed ahead with plans to increase crude oil production for a third consecutive month
Experts warn US LNG deals threaten Southeast Asia’s energy security and climate goals
As Southeast Asian nations weigh long-term liquefied natural gas (LNG) import deals with the United States to address trade imbalances, energy analysts caution that such commitments could undermine energy security and derail the region’s clean energy
Vietnam cuts LNG import tax to 2% to boost clean energy push
Vietnam has reduced its liquefied natural gas (LNG) import tariff from 5% to 2% to accelerate its shift to cleaner energy, according to a March 31 government decree.
GreenLine partners with Bekaert in India to decarbonise road logistics with LNG trucks
GreenLine Mobility Solutions Ltd., an Essar venture focused on LNG and electric-powered heavy commercial vehicles, has partnered with Bekaert, a global supplier of tyre reinforcement technologies, to reduce emissions in road logistics
Brazil’s Petrobras output slips as Asia oil sales shift
Brazil’s Petrobras produced 2.77mn barrels of oil equivalent per day in the first quarter of 2025, down 0.2% year on year, the state-run company said in a press release.
US pledges $400mn for fuel storage megaproject in Papua New Guinea
The United States has committed nearly $400mn to develop a large-scale fuel storage facility in Papua New Guinea, a move aimed at strengthening energy security and deepening bilateral ties with the Pacific nation
Northeast Asian countries debate feasibility study for Alaska LNG
Collaboration on a feasibility study for Alaska LNG is being considered by Japan, South Korea, and Taiwan.
Indonesia’s coal politics: maintaining a strategic market price despite Chinese resistance
Indonesia's recent efforts to impose a government-mandated coal benchmark price or Harga Batubara Acuan on exports face resistance from its largest buyer, China
US LNG sector rebuffs Trump’s attempts to levy tariffs on Chinese-built vessels
The US LNG sector is pushing back against President Donald Trump’s attempt to force the industry to utilise US transport vessels through levying tariffs on Chinese-built ships using US ports.
MODEC, Sumitomo agree on FPSO build for Brazil
MODEC has signed a contract with fellow Japanese firm Sumitomo Heavy Industries for the construction of the forward block of its next-generation hull for the Gato do Mato floating production, storage and offloading unit.
Sunda snatches funding for Chuditch well off Timor-Leste
London-listed Sunda Energy has secured funding for a drilling campaign at the Chuditch gas field offshore Timor-Leste.
OPEC+'s rise in oil output could trigger sharp fall in oil prices in 2027-28: Alfa Bank
OPEC+'s plans to raise oil production amid the US’ new protectionist trade policies could lead to a sharp decline in Brent crude prices in 2027-2028.
Russian insurers seek approval to cover oil tankers in India
The firms are seeking to offer protection and indemnity coverage, a form of marine insurance that typically covers risks such as oil spills and collisions.
China re-exports record volume of LNG in April
China re-exported more than 280,000 tonnes of LNG in April, marking the highest monthly total on record.
Chinese refineries handle record crude in March
It remains to be seen whether this reflects a genuine recovery in domestic demand.
Kuching High Court rejects Petronas' bid to delay $1.8m guarantee dispute with Petros
The Kuching High Court on April 28 dismissed Petroliam Nasional Bhd’s (Petronas) application to postpone the hearing of a lawsuit brought by Sarawak Petroleum Bhd (Petros) over a MYR7.95mn ($1.8mn) bank guarantee related to gas supply
AIM-quoted Mongolian oil company Petro Matad signs crude sales agreement with PetroChina Daqing Tamsag
AIM-quoted Mongolian oil company Petro Matad on April 28 announced the signing of an oil sales agreement for Block XX crude oil.
Australia’s Santos wins final approval for Barossa field from federal government
Development of the offshore Barossa gas field has won final approval from the Australian federal government, putting the AUD5.6bn project on track to start production by the end of this year.
Chinese oil output tops previous records to reach 4.6mn bpd
In January, China’s National Energy Administration announced its aim to maintain stable oil production levels exceeding 200mn tonnes in 2025. Two months later, official data showed that oil production had already reached a record high of 4.6mn bpd.
GAIL and Concor partner to promote LNG as alternative fuel for logistics sector in India
GAIL (India) Ltd. and Container Corporation of India Ltd. (CONCOR) have penned a Memorandum of Understanding (MoU) to boost the use of liquefied natural gas (LNG) as an alternative fuel for the logistics sector, GAIL said in a press release.
Ex-Petronas manager charged in alleged espionage amid tensions with Sarawak's Petros
A former Petronas executive is facing attempted corporate espionage charges, accused of trying to leak confidential company documents during sensitive negotiations with Sarawak’s state-owned energy firm, Petros, over gas aggregation rights
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