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Asia Pacific News

 

Oil Price Crash - Where Does Asia Go from Here?

Mar 17, 2020

Energy companies across the Asia Pacific responding to unprecedented challenges on multiple fronts 2020 has hit us like a fist. Coronavirus is already the most severe shock to hit the world economy since the financial crisis over a decade ago. A dramatic ramp-up in containment measures is having a negative economic effect and weaker GDP growth, and potentially global recession, in 2020 is now a reality…

BW Offshore's FPSO Stuck in New Zealand

3 hours ago

FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention.The company was…

Polarcus' Project Cancellations Highlight Oil Price Slump

Mar 23, 2020

Polarcus Ltd, which operates ships that search for offshore oil and gas, announced two project cancellations that will reduce its fleet utilization next quarter, highlighting the effects of the oil price slump on the energy services sector.Polarcus'…

Current News

BW Offshore's FPSO Stuck in New Zealand

BW Offshore's FPSO Stuck in New Zealand

OPEC+ Oil Pact Hinges on Mexico Joining

OPEC+ Oil Pact Hinges on Mexico Joining

Sinopec Building LNG Storage Tanks at Tianjin Terminal

Sinopec Building LNG Storage Tanks at Tianjin Terminal

Dyna-Mac, China Merchants Heavy Industry Form JV Firm

Dyna-Mac, China Merchants Heavy Industry Form JV Firm

Energean Ups Israeli Offshore Field Size Estimate

Energean Ups Israeli Offshore Field Size Estimate

Oil Holds near $32 ahead of OPEC-Led Talks on Output Cuts

Oil Holds near $32 ahead of OPEC-Led Talks on Output Cuts

Pertamina Buys NWS Condensate at 'Deep Discount'

Pertamina Buys NWS Condensate at 'Deep Discount'

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