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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 ups funding to Mongolian refinery
India has agreed to provide an additional $236mn of financing for a refinery project in southeastern Mongolia, Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan said this week.
ONGC submits new Cauvery Basin drilling plan
India’s state-owned Oil and Natural Gas Corp. (ONGC) has reportedly sought environmental approval from the central government to drill 24 exploration wells at one of its blocks in Tamil Nadu State.
Pakistan, UAE move closer on refinery project
Pakistan and the United Arab Emirates (UAE) are on the verge of launching construction of a new oil refinery in the South Asian country’s Balochistan Province, an official from the Middle Eastern oil producer has said.
Rosneft pins petchem hopes on India
Russia’s state-run oil company Rosneft is looking to make a foray into India’s petrochemicals market, after experiencing setbacks in the domestic sector.
Malaysia receives first LNG cargo under TPA
Malaysia’s TNB Fuel Services (TNBF) has delivered its first shipment of liquefied natural gas (LNG) to parent company Tenaga Nasional (TNB), testing the country’s third-party access (TPA) rules in the process.
Santos upbeat on NWS well test
Santos has said an initial flow test at its third well on the Dorado field offshore Western Australia suggests the field is capable of producing oil at the upper end of pre-drill expectations.
Senex delivers first gas from Queensland block
Australian independent Senex Energy has announced first gas production from the Project Atlas acreage in Queensland State.
Pertamina urged to curb subsidised diesel sales
The Indonesian government has urged state-owned Pertamina to curb its sales of subsidised diesel as the government’s annual quota is set to run out before the end of the year.
Sinovensa suspends blending operations, following Petropiar’s example
Sinovensa, a joint venture between Venezuela’s national oil company (NOC) PdVSA and China National Petroleum Corp. (CNPC), has reportedly suspended work at its crude blending plants in the Orinoco region.
Chinese companies reportedly keen to expand operations in South Sudan
China is reportedly interested in expanding investments in South Sudan’s oil sector.
Engen reportedly headed for IPO in H1-2020
Engen, a petroleum refiner and retailer that operates in seven African countries, is reportedly gearing up for an initial public offering (IPO) of stock.
Japan pledges $10bn for global LNG projects
The Japanese government has pledged $10bn of both public and private funding for liquefied natural gas (LNG) projects around the world.
Santos, BP win permit offshore WA
Santos and BP have been awarded a new permit offshore Western Australia that the Australian independent has described as being “on-trend with the Dorado discovery” in the adjacent permit.
PetroChina adds oil, shale gas reserves
State-run PetroChina has added more than 1bn tonnes (7.33bn barrels) of oil reserves in north-western China, the company said on September 29.
Sempra announces potential LNG supply deal with China
Sempra Energy’s MoU with a Chinese company over potential LNG supply co-operation suggests growing optimism that an end to the US-China trade war may be coming
PNG seeks better deal on P’nyang project
Papua New Guinea (PNG) Petroleum Minister Kerenga Kua is once more on the war path over how much the government receives from the country’s natural gas developments.
PTT, Gulf Energy to build Thai LNG terminal
Thailand’s state-owned PTT has teamed up with Gulf Energy Development to build a THB40.9bn ($1.33bn) liquefied natural gas (LNG) import terminal on the country’s east coast.
Petronas charters LNG carrier from Avenir
Malaysia’s state-owned Petronas has chartered a liquefied natural gas (LNG) carrier from the UK’s Avenir LNG to be used in bunkering operations offshore the Southeast Asian country.
India cuts gas prices
The Indian government has reduced the price of locally produced natural gas for six months from October 1, the first such cut in more than two years.
ONGC plans domestic drilling campaigns
State-run Indian major Oil and Natural Gas Corp. (ONGC) is reportedly seeking the Ministry of Environment’s approval to begin a 44-well onshore drilling campaign in the country’s south-east.
Pavilion targets Europe in bid to become global LNG trader
Singapore-based Pavilion Energy is targeting new markets in Europe as well as expanding in Asia as the gas importer and marketer aims to become a global trader of LNG.
Mitsui moves to sell BassGas stake
Japanese developer Mitsui & Co. has said it is looking to sell its 40% stake in the BassGas project off the coast of Australia’s south-eastern state of Victoria.
KOGAS agrees to buy US LNG from BP
State-owned Korea Gas has struck a deal to buy 1.58mn tonnes per year of US LNG from super-major BP.
Trader rejects Mitsubishi’s account of losses
A trader that worked at Mitsubishi’s Singaporean arm until last week has disputed the Japanese company’s version of events surrounding a $320mn loss on crude oil derivatives trades.
China updates oil reserve figures
China’s National Energy Administration (NEA) has given its first official update on the country’s strategic oil inventories in almost two years.
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