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Asian Natural Gas News

 

Eni Starts Gas Production at Merakes Project off Indonesia

Apr 27, 2021

Italian supermajor Eni said it has commenced gas production from the deepwater Merakes project, located in the East Sepinggan block in the Makassar Strait, offshore East Kalimantan, Indonesia.The development sits in approximately 1,500 meters water depth in the Kutei Basin. It consists of five subsea wells with production capacity of 450 million standard cubic feet per day (MMSCFD), equivalent to 85…

Indonesia to Stop LPG and Fuel Imports by 2030

Apr 29, 2021

Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.President Joko Widodo has tasked the National Energy Council…

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…

CNOOC Needs to Double Down on Drilling and Deals in Carbon-cutting Gas Pivot

Mar 11, 2021

A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…

Oil Search Q2 Revenue Falls About 30%

Jul 20, 2020

Australia-listed Oil Search Ltd on Tuesday reported a near 30% drop in second-quarter revenue, hurt by a sharp decline in oil and gas prices as demand plunged due to the coronavirus pandemic.The Papua New Guinea-focused oil and gas explorer recorded a revenue of $266…

Gazprom Aims to Increase Gas Supplies to China

Jul 14, 2020

Russia's Gazprom is committed to supply as much as 130 billion cubic meters of gas (bcm) to China annually in the longer term, a company official told a conference call on Tuesday.Gazprom currently supplies gas to China via the Power of Siberia…

Chevron Files Plans for Subsea Infrastructure Expansion at Gorgon

Jun 15, 2020

Chevron has filed an environment plant to Australian regulators related to the expansion of the subsea gathering network within the existing Gorgon and Jansz–Io offshore gas fields in Australia.Chevron Australia is the operator of the giant Gorgon project…

Where Next for Exploration in Asia Pacific?

Feb 18, 2020

The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…

Virus Outbreak Weighs on China's Gas Demand

Feb 12, 2020

Several analysts cut their gas demand forecasts for China, the world's top gas importer, as the fast-spreading coronavirus outbreak is expected to depress industrial, commercial and transportation appetite over the next few months.Estimates…

Coronavirus Paralyzes Oil, Gas Sales into China

Feb 05, 2020

Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor purchase agreements, trade sources said…

Aramco Sells LNG Cargo to S-Oil

Jan 22, 2020

Aramco Trading Co, the trading arm of oil giant Saudi Aramco, has sold a liquefied natural gas (LNG) cargo to South Korea's S-Oil Corp, as the company looks to ramp up its LNG business, four industry sources said on Wednesday.The cargo is for…

'Power of Siberia' Pipeline Begins Flow to China

Jan 22, 2020

China has started to consume Russian gas via the newly launched 'Power of Siberia' pipeline, said CNPC-backed Kunlun Energy Ltd, operator of the pipeline in China, on Wednesday.The company receives 250,000-300,000 cubic meters of pipeline gas daily from Russia…

Indonesia Plans New Gas Pricing for Industrial Users

Jan 09, 2020

Indonesia plans to unveil a new gas pricing policy for industrial customers in March in a bid to lower energy costs for manufacturers, Energy and Mineral Resources Minister Arifin Tasrif said on Thursday.Indonesia's President Joko Widodo earlier…

Planned $2 Bln LNG Project Shelved in the Philippines

Dec 18, 2019

Plans for the $2 billion Tanglawan LNG hub venture in the Philippines have been put on hold by backers CNOOC Gas and Power of China and Phoenix Petroleum Philippines Inc.The facility was supposed to have a capacity of 2.2 million tonnes per year…

Current News

Exxon Considers Pledging Net-zero Carbon Emissions by 2050

Exxon Considers Pledging Net-zero Carbon Emissions by 2050

Opinion: Weak Crude Imports in Asia Undercuts Oil Bulls

Opinion: Weak Crude Imports in Asia Undercuts Oil Bulls

Subsea Tech: Taking 3D Printing to the Seabed

Subsea Tech: Taking 3D Printing to the Seabed

Record-Breaking Platform Delivered to the Hod Field From Aker Solutions’ Yard in Verdal

Record-Breaking Platform Delivered to the Hod Field From Aker Solutions’ Yard in Verdal

Chinese Firms Seek LNG Cargoes, Demand is Strong

Chinese Firms Seek LNG Cargoes, Demand is Strong

ConocoPhillips Beats Estimates on Higher Prices, Output

ConocoPhillips Beats Estimates on Higher Prices, Output

Acteon Inks Deal to Support Philippines LNG Import and Regasification Terminal

Acteon Inks Deal to Support Philippines LNG Import and Regasification Terminal

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