AsianOil Top Story archive

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.

16 August 2017, Week 32, Issue 588

Cambodia is inching towards compromise with KrisEnergy on a production-sharing contract (PSC) for the long delayed Block A field in the offshore Khmer Basin.

09 August 2017, Week 31, Issue 587

Petronas has budgeted 10 billion ringgit (US$2.3 billion) for the completion of an enhanced oil recovery (EOR) programme at the Baram Delta production-sharing contract (PSC).

02 August 2017, Week 30, Issue 586

Japan’s LNG imports will decline for two years in a row in fiscal 2017, which started on April 1, and fiscal 2018 as more nuclear reactors come back online, the country’s top energy think-tank has...

26 July 2017, Week 29, Issue 585

India aims to complete the sale of the government’s 51.11% stake in Hindustan Petroleum Corporation Ltd (HPCL) to state-run Oil and Natural Gas Corp. (ONGC) before March 31, 2018.

19 July 2017, Week 28, Issue 584

Indonesia will produce enough gas to fulfil domestic demand for a year longer than previously anticipated, the country’s director of oil and gas predicted last week.