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Asia Oil & Gas News - page 42

 

India Publishes Draft Wind Turbine Certification

Nov 13, 2018

India's Ministry of New and Renewable Energy (MNRE) has issued a draft scheme on wind turbines in India. Known as the ‘Indian Wind Turbine Certification Scheme’ (IWTCS), the draft has been prepared in consultation with the National Institute of Wind Energy (NIWE)…

Novatek Ships First LNG Cargo To China Via Arctic

Nov 13, 2018

Novatek Gas and Power Asia, wholly owned subsidiary of Russia’s largest independent natural gas producer Novatek, shipped a cargo of liquefied natural gas (LNG) produced from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC)…

China LNG Growth Not Slowing -Woodside

Nov 13, 2018

China's appetite for liquefied natural gas (LNG) has not slowed, but its purchases have been spread more evenly, avoiding last year's sudden spike to meet winter demand, Australia's top independent LNG producer said on Tuesday.LNG demand from North Asia's main hubs in Japan…

Ca Tam Field to Start Production January 15

Nov 13, 2018

Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.Ca Tam is the first new field to be brought…

Sinopec to Boost Gas Supply

Nov 12, 2018

Chinese state oil major Sinopec said on Monday it will supply 18.17 billion cubic meters (bcm) of natural gas during the heating season that kicks off this week, up 17.7 percent from last year, to meet rising demand in the world's fastest-growing gas consumer…

China Becomes Top Natural Gas Importer

Nov 12, 2018

China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports…

Afghan Launches India-Iran Shipping

Nov 12, 2018

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.IRNA reported quoted the Afghan Ministry…

Sinochem raises 2019 term oil supply from Saudi Aramco, Kuwait

Nov 09, 2018

China's Sinochem Group agreed to annual crude oil supply deals for 2019 with Saudi Aramco and Kuwait Petroleum Corp (KPC) with volumes from both suppliers more than 20 percent higher than in 2018, a senior Sinochem executive said on Friday.The…

OMV Forms JV with Sapura

Nov 09, 2018

Austria's OMV has agreed to establish a joint venture with Malaysia's Sapura Energy Bhd , paying $540 million for a 50 percent stake in its exploration assets in line with its strategy to expand in Southeast Asia.Sapura Energy will transfer $350 million of its debt into the new firm…

Vedanta Granted Rajasthan Extension

Nov 05, 2018

The Government of India, acting through the Directorate General of Hydrocarbons, Ministry of Petroleum and Natural Gas has granted its approval for a 10-year extension of the Production Sharing Contract (PSC) for Vedanta subsidiary Cairn, Oil & Gas at the onshore Rajasthan Block RJ-ON-90/1…

Siemens Gamesa Bags Orders for 176.8MW Wind Projects in India

Nov 04, 2018

Siemens Gamesa (SGRE), a renewable energy project developer and an Engineering Procurement Construction (EPC) provider, has won turnkey contract from renewable energy project developer ReNew Power for the development of two wind projects aggregating 176…

Australia’s Oil and Gas Industry Calls for Competitive Tax Regime

Nov 04, 2018

Changes to the petroleum resource rent tax (PRRT) announced today by the Commonwealth must be assessed carefully by Australia’s oil and gas industry, said the Australian Petroleum Production & Exploration Association (APPEA).“Attracting investment…

Australia Awards Seven New Offshore Permits

Nov 02, 2018

The future of oil and gas exploration in Australia looks bright after new offshore petroleum exploration permits were awarded by the Government that could see more than $530 million invested over the next six years.Minister for Resources and…

Hindustan Petroleum Profit Dives

Nov 01, 2018

State-owned refiner Hindustan Petroleum Corp Ltd posted a 37.1 percent fall in second-quarter profit on Thursday, dented by rising costs amid higher raw material and forex expenses.Net profit came in at 10.92 billion rupees ($148.62 million) in the quarter ended Sept…

MHI Vestas Signs Tower Contract, Expands in Taiwan

Nov 01, 2018

MHI Vestas Offshore Wind, a  joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract  with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity in Taipei…

Current News

Australia: ExxonMobil Calls Off Sale of Gippsland Basin Fields

Australia: ExxonMobil Calls Off Sale of Gippsland Basin Fields

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

Petronas Posts 3Q Loss. Warns of Tough 4Q

Petronas Posts 3Q Loss. Warns of Tough 4Q

Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions

Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions

OPEC+ to Hold Informal Online Talks Ahead of Next Week's Meetings

OPEC+ to Hold Informal Online Talks Ahead of Next Week's Meetings

Australia: Melbana Energy Expands Offshore Acreage Near Beehive Prospect

Australia: Melbana Energy Expands Offshore Acreage Near Beehive Prospect

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

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