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Asian LNG News - page 3

 

Woodside Faces Cost Increase at $11B Scarborough Gas Project

Jun 09, 2021

Woodside Petroleum is in the final stages of working out costs on its Scarborough gas and Pluto LNG expansion project, as it faces rising labor and steel costs, the company’s boss said on Tuesday.The Scarborough development offshore Western…

Pavilion Energy Pens 10-Year LNG Deal with BP

Jun 09, 2021

Singapore's Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP's Singapore unit starting in 2024, the companies said on Wednesday, as the city-state seeks to diversify its gas supply sources.The long-term binding…

Novatek, Glencore Ink Arctic LNG 2 Gas Supply Deal

Jun 02, 2021

Russian gas company Novatek has signed heads of agreement with Glencore for the long-term supply of LNG from the Arctic LNG 2 project.The agreement, signed Wednesday at Saint-Petersburg International Economic Forum, established the key commercial terms for the long-term supply of more than of 0…

LNG Demand in Asia to Slow Down Next Year

May 27, 2021

Liquefied natural gas (LNG) demand growth in Asia will slow down next year as the economic recovery stagnates and the capacity of competing fuels nuclear and coal expand in Japan and South Korea, research consultancy Wood Mackenzie said on Thursday…

Total to Proceed with LNG Project in PNG

May 05, 2021

French energy group Total said it had agreed with the Papua New Guinea government to proceed with a liquefied natural gas (LNG) project in the country, which had been delayed due to the pandemic, with a final investment decision due in 2023…

Eni, Santos Eyeing Upstream, CCUS Collab

May 03, 2021

Italian oil company Eni and Australia-based Santos on Monday agreed to jointly seek cooperation opportunities in Australia and East Timor.Under the non-binding memorandum of understanding, the companies will look at potential optimizations, synergies…

LNG Tankers Diverted from India Ports as Surging COVID-19 Cases Hit Demand

May 03, 2021

Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday.Six LNG tankers diverted away from India since April 20…

Petronas Adds Three LNG Carrier Newbuilds

Apr 29, 2021

Malaysia's state oil firm Petroliam Nasional Bhd is expanding its global fleet of liquefied natural gas (LNG) carriers with three newbuild 174,000 cubic meter capacity vessels, the company said on Thursday.The company, best known as Petronas…

Indonesia's First-quarter Oil, Gas Liftings Miss Targets

Apr 26, 2021

Indonesia's first-quarter crude oil and natural gas liftings missed their targets because of technical issues at wells and postponements at a liquefied natural gas (LNG) project, data from upstream oil and gas regulator SKK Migas showed on Monday…

Petronas Exports LNG in ISO Tanks to China

Apr 26, 2021

Malaysia's Petroliam Nasional Bhd said on Monday that it has started exports of liquefied natural gas (LNG) in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.The country's export of LNG through ISO tanks…

How Asia Changed the Global LNG Market in the Space of a Year

Apr 21, 2021

The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit…

Masirah Oil: Yumna Field Output in March at 12,672 bpd

Apr 20, 2021

Masirah Oil Limited said Tuesday that gross oil production in March 2021 from its Yumna Field in offshore Block 50 Oman, amounted to 12,672 stock tank barrels per day (stb/d).On March 17, 2021, Masirah Oil Limited announced the completion of the upgrade to the Yumna Field process facilities…

Total, Siemens Energy Partner Up to Cut LNG Related Emissions

Apr 13, 2021

French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation…

Chevron, Hokkaido Gas Ink LNG Supply Deal

Apr 07, 2021

U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido…

U.S. LNG Export Bonanza Reshapes Energy Map in Asia

Apr 05, 2021

U.S. exports of liquefied natural gas (LNG) to China, Japan, and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialized region recovers from the COVID-19 pandemic, Eikon trade data shows…

Current News

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Oil Rises on IEA Demand Forecast

Oil Rises on IEA Demand Forecast

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)
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