AsianOil Top Story archive

04 July 2018, Week 26, Issue 632

Japanese oil refiner Idemitsu Kosan has confirmed that it has resumed talks with its founding family over the long-delayed merger with smaller domestic peer Showa Shell Sekiyu, raising hopes for...

27 June 2018, Week 25, Issue 631

The Australian Energy Market Operator (AEMO) has predicted that the country should not experience a natural gas supply shortfall before 2030 under expected market conditions.

20 June 2018, Week 24, Issue 630

India has begun discussions with China about the possibility of forming an Asian oil buyers’ club that could include Japan and South Korea to negotiate better terms with OPEC.

13 June 2018, Week 23, Issue 629

Chevron’s Indonesian unit has expressed interest in continuing to operate the Rokan block in Riau Province after its current contract expires in 2021, a government official has said. The company...

06 June 2018, Week 22, Issue 628

Exploding Asian demand for Australian natural gas exports has led to domestic shortages, creating a commercial case for the installation of multiple LNG import facilities. The backers of two...

30 May 2018, Week 21, Issue 627

A faulty connection between Excelerate Energy’s recently installed floating storage and regasification unit (FSRU) off the coast of Bangladesh and the key transmission pipeline is reportedly...

23 May 2018, Week 20, Issue 626

Chinese authorities have warned Russian oil giant Rosneft to abandon its drilling plans in the disputed waters of the South China Sea.

16 May 2018, Week 19, Issue 625

Two Japanese gas companies have set up a joint venture to build and operate a new pipeline to ensure a stable gas supply from the Futtsu LNG import terminal near Tokyo.

09 May 2018, Week 18, Issue 624

A Philippine legislator has said Manila expects Beijing to cover most of the costs of a joint natural gas development project in the South China Sea.

02 May 2018, Week 17, Issue 623

Essar Oil and Gas Exploration and Production will invest 9 billion rupees (US$135 million) in drilling 150 more wells at its Raniganj coal-bed methane (CBM) project in India’s West Bengal.

25 April 2018, Week 16, Issue 622

Bangladesh’s government has approved a draft 10-year LNG supply contract between state-owned PetroBangla and Oman Trading International (OTI).

18 April 2018, Week 15, Issue 621

China and the Philippines have agreed to form a panel that will set the framework for joint exploration for oil and gas in waters disputed of the South China Sea.

11 April 2018, Week 14, Issue 620

Indian consumers have been left reeling from soaring fuel costs after a surge in international crude oil prices saw the Brent benchmark climb to US$65-70 per barrel. The South Asian country...

04 April 2018, Week 13 Issue 619

Saudi Aramco has finalised a deal with Malaysia’s Petroliam Nasional Berhad (Petronas) to invest in a refinery project located between the Malacca Strait and the South China Sea.

28 March 2018, Week 12, Issue 618

Petronas chief executive for upstream operations Mohammed Anuar Taib announced last week that Malaysia’s state-owned oil and gas company would increase the budget for 2018 upstream operations to...