AsianOil Top Story archive

09 November 2016, Week 44 Issue 550

Canadian independent Husky Energy disclosed steady progress at its Indonesian and Chinese gas exploration and production assets in its third-quarter earnings report.

02 November 2016, Week 43 Issue 549

Pakistan’s top hydrocarbon producer, Oil & Gas Development Co. (OGDC), reported a 2.8% year-on-year rise in crude output in the quarter ending September 30. In a filing, the state-run producer...

26 October 2016, Week 42 Issue 548

India’s Reliance Industries Ltd (RIL) has booked higher downstream earnings in the July-September quarter, although its exploration and production business has slipped into the red.

19 October 2016, Week 41 Issue 547

Japanese refiner Idemitsu Kosan’s planned merger with smaller domestic peer Showa Shell Sekiyu is now in doubt, owing to the continued objections from Idemitsu’s founding family.

12 October 2016, Week 40 Issue 546

India’s state-run Oil and Natural Gas Corp. (ONGC) has signed a preliminary agreement to buy a stake, and assume operatorship, of Gujarat State Petroleum Corp.’s (GSPC) deepwater block in the...

05 October 2016, Week 39 Issue 545

Malaysian services giant SapuraKencana Petroleum saw its second-quarter net profit climb by 7.9% year on year to 112.2 million ringgit (US$27.2 million).

28 September 2016, Week 38 Issue 544

The Japanese government plans to give state-run Japan Oil, Gas and Metals National Corp. (JOGMEC) the freedom and cash to compete better with regional rival for global energy assets.

21 September 2016, Week 37 Issue 543

Iran is going all out to stimulate Japanese demand for its crude oil, promising preferential treatment for investors from the East Asian country when bidding for energy assets plus a place at the...

14 September 2016, Week 36 Issue 542

India’s state-run Oil and Natural Gas Corp. (ONGC) saw its profit fall 21% in its April-June quarter, raising question marks over the state-run firm’s ability to continue with its exploration...

07 September 2016, Week 35 Issue 541

Indonesia’s state-owned Pertamina has signed an agreement with Andalas Energy and Power (ADL) pledging to tap stranded offshore natural gas fields, as the country tries to boost its energy...

31 August 2016, Week 34 Issue 540

Pertamina’s net profit more than trebled in the first half of 2016 from a year earlier, while the Indonesian NOC’s production jumped 12% year on year in the first seven months.

24 August 2016, Week 33 Issue 539

Pakistan’s GasPort has chosen Singapore’s BW Group to provide a second floating storage and regasification unit (FSRU). BW announced its selection on August 22 for the 15-year contract.

17 August 2016, Week 32 Issue 538

India’s privately owned Essar Oil intends to invest 16 billion rupees (US$239.8 million) to double the capacity of its 20 million tonne per year (400,000 barrel per day) Vadinar refinery in...

10 August 2016, Week 31 Issue 537

Japan’s government has raised concerns about the installation of radar equipment at a Chinese drilling platform near a disputed section of the East China Sea.

03 August 2016, Week 30 Issue 536

Italian contractor Saipem has won two engineering and construction contracts for the Tangguh LNG expansion project in Indonesia.