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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)
India fails to win over Qatar on LNG pricing
India’s efforts to renegotiate its long-term liquefied natural gas (LNG) supply deal with Qatar have fallen flat, with Doha rebuffing New Delhi's calls for a move away from oil-linked prices.
Senex’s Q2-FY20 production jumps 35%
Australian developer Senex Energy’s oil and gas output jumped 35% quarter on quarter in the October-December period on the back of new fields coming online and production ramp-ups.
ONGC’s PEC round attracts 12 bidders
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly received offers from 12 contractors interested in boosting production at 50 of its small and marginal fields.
Australia softens position over gas reserve scheme
The Australian government has softened its position on introducing a natural gas reserve policy following the release of a review into the Australian Domestic Gas Security Mechanism (ADGSM).
Work on Afghan stretch of Turkmenistan to India gas pipeline faces additional 6-month delay
TAPI project, also to traverse Pakistan, is going nowhere fast. Claims that Turkmen section is complete seen as highly dubious.
India strives to reduce reliance on Middle Eastern oil
India’s bid to reduce its reliance on imports of Middle Eastern crude, amid increasing tensions in the region, has seen the South Asian giant turn to both Russia and Brazil for new supplies.
China imports record amount of LNG in 2019
China’s imports of liquefied natural gas (LNG) climbed 12.2% year in year in 2019 to a record high of 60.25mn tonnes in 2019, despite concerns that the country’s economic slowdown would impinge on demand.
Pertamina may farm in to expiring Rokan contract
Indonesia’s state-owned Pertamina may farm in to the nearly expired contract for the Rokan oilfield in order to begin drilling operations before its own licence for the block begins in 2021.
Santos sets production record in 2019
Australian independent Santos increased its production of crude oil and natural gas by 28% year on year in 2019 to a record 75.5mn barrels of oil equivalent (206,800 barrels of oil equivalent per day).
Sinopec reportedly to review potential Cheniere deal
Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.
Malaysia's Reach secures Kazakh production contracts
CNPC unveils exploration plans
China’s largest oil and gas producer has outlined plans not just to increase its output this year, but for the first time to balance it equally between crude oil and natural gas.
Japan’s MODEC seeks to grow offshore Brazil
Japan’s MODEC, a manufacturer of floating oil and gas equipment, has said it plans to grow its business in Brazil, the largest oil producer in South America, by winning one or two major platform contracts each year.
Petronas signs LNG supply contract with Shenergy
Malaysia’s state-run Petronas has signed a long-term liquefied natural gas supply agreement with China’s Shenergy Group.
Woodside’s 2019 production, revenue slide
Australian developer Woodside Petroleum announced last week that both its production and revenue for 2019 had declined year on year.
India launches fifth exploration bid round
The Indian government has offered 11 oil and gas blocks under its fifth Open Acreage Licensing Policy (OALP-V) licensing round.
Vintage hits gas at Queensland well
Australian independent Vintage Energy has announced the discovery of natural gas at its first well on ATP 2021 in Queensland.
Pertamina seeks to bolster domestic crude purchases
Indonesia’s state-owned Pertamina is seeking additional domestic crude supplies for its refineries in 2020 after the government trimmed the company’s import allowance for the year ahead.
Petronas permits THHE to bid for some service contracts
Malaysia’s state-owned Petronas has allowed locally owned service provider TH Heavy Engineering (THHE) to resume bidding for some contracts following a nearly four-year ban on participation.
IOC seeks BPCL stake sale clarity
State-run Indian Oil Corp. (IOC) has said it is waiting for the government to clarify whether state-backed companies will be allowed to bid for New Delhi’s stake in Bharat Petroleum Corporation Ltd (BPCL).
Concerns voiced on viability of US-China deal’s energy trade targets
The US and China have signed a preliminary trade deal, amid concern that the energy purchase commitments set out in the agreement could be too ambitious.
Indonesian upstream set for another tough year
Indonesia’s upstream regulator SKK Migas has warned that the country could miss its 2020 crude oil production target despite an anticipated rise in upstream spending.
State Gas revises down Queensland well’s production numbers
Australian independent State Gas has revised down its production numbers for the Nyanda-4 gas well in Queensland after launching an audit into its initial figures late last year.
China unveils upstream reform
The Chinese government has unveiled plans to allow foreign and private companies to explore and develop the country’s oil and gas resources without the need for partnerships with state-owned developers.
MOL, COSCO name newest LNG carrier
Japan’s Mitsui OSK Lines (MOL) and China COSCO Shipping have named the second of four LNG carriers the companies have commissioned to transport fuel produced by Russia’s Yamal LNG project.
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