AsianOil Top Story archive

22 November 2017, Week 46, Issue 602

Marco Polo Marine obtained majority approval from its creditors last week for a restructuring plan that will lead to US$258 million worth of liabilities being forgiven, even as US$60 million worth...

15 November 2017, Week 45, Issue 601

The Thai government is reportedly planning to hold a long-delayed auction for operating concessions at the Erawan and Bongkot offshore natural gas fields in December.

08 November 2017, Week 44, Issue 600

Oil and Natural Gas Corp.’s (ONGC) new chairman, Shashi Shanker, has said that stepping up production is the Indian company’s primary challenge, as almost 70% of its oil output comes from mature...

08 November 2017, Week 44, Issue 600

Oil and Natural Gas Corp.’s (ONGC) new chairman, Shashi Shanker, has said that stepping up production is the Indian company’s primary challenge, as almost 70% of its oil output comes from mature...

01 November 2017, Week 43, Issue 599

Bangladesh has signed a loan agreement with China’s Export-Import Bank (China EximBank) for more than US$550 million that will allow the South Asian country to build a single point mooring (SPM)...

25 October 2017, Week 42, Issue 598

Leading Japanese developer Inpex has secured a long-term extension – possibly until 2055 – of its production-sharing contract (PSC) for the Masela block in Indonesia, allowing it to proceed with...

18 October 2017, Week 41, Issue 597

UK-based Premier Oil’s activities in the Natuna Sea Block A, its main producing asset in Indonesia, have entered a new phase as the development of the Bison, Iguana and Gajah Puteri (BIGP) fields...

11 October 2017, Week 40, Issue 596

Japan’s second largest LNG importer, Tokyo Gas, will no longer accept long-term supply contracts that stipulate where the gas is delivered or sold, company president Michiaki Hirose said last week...

04 October 2017, Week 39, Issue 595

Privately owned Reliance Industries Ltd (RIL) has outbid its rivals to buy the entire volume of coal-bed methane (CBM) produced from its own Sohagpur East and Sohagpur West blocks in Madhya...

27 September 2017, Week 38, Issue 594

Domestic natural gas shortages on Australia’s East Coast will be worse than expected in 2018, the Australian Energy Market Operator (AEMO) warned on September 25. The Australian Competition and...

20 September 2017, Week 37, Issue 593

Ophir Energy’s first-half revenue surged almost 70% while its pre-tax loss narrowed, the company revealed on September 14. It partly credited its improved performance to higher commodity prices,...

13 September 2017, Week 36, Issue 592

Singapore-based companies Keppel Offshore & Marine and Pavilion Energy last week reached a heads of agreement (HoA) with Indonesia’s state-owned Perusahaan Listrik Negara (PLN) to examine the...

06 September 2017, Week 35, Issue 591

Vietnam’s 200,000 bpd Nghi Son refinery and petrochemical complex will be ready to start up in the fourth quarter of this year, according to Vietnamese media. All the major components of the US$9....

30 August 2017, Week 34, Issue 590

State-owned Petronas has upped its proposed dividend to the Malaysian government after reporting a 311% year-on-year increase in its second-quarter earnings.

23 August 2017, Week 33, Issue 589

Indonesia intends to import LNG from Singapore as feedstock for several remote, small-scale thermal power plants (TPPs), as rising demand drives up the cost of domestic supplies of the fuel.

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