LogIn LogOut

Regions News

 

MISC Berhad Names FSO Benchamas 2

Mar 12, 2018

MISC Berhad held the naming and delivery ceremony of its new Floating, Storage & Offloading (FSO) facility for Chevron Offshore (Thailand) Limited (COTL), the FSO Benchamas 2. The project marks MISC’s maiden foray into Thailand’s offshore oil…

Serbia, Russia Revive Gas Pipeline Plans

Mar 09, 2018

Russia and Serbia have revived an idea of building a gas pipeline in the Balkan country, a project that would enable Gazprom to step up its gas supplies to Europe, bypassing Ukraine.The Serbian pipeline will be linked to Bulgaria and Hungary…

China's Energy Giants Return to Asian LNG Market as Sellers

Mar 09, 2018

Falling industrial demand and mild weather have turned China's energy giants into sellers of liquefied natural gas (LNG) in Asia for the first time since last year's massive import spree.Chinese players were on the receiving end of last year's doubling of LNG prices…

U.S. Crude Exports to Asia Slump as WTI Outperforms

Mar 06, 2018

Exports of U.S. crude oil to Asia appear to be starting to struggle under the weight of a narrowing discount for its domestic benchmark crude to international grades and efforts by other suppliers to maintain competitiveness. Vessel-tracking and port data suggest Asian imports of U…

Fugro Returns to China for Gas Hydrate Research

Feb 21, 2018

Dutch survey and geotechnical services firm Fugro said it has been awarded a contract by China’s Guangzhou Marine Geological Survey (GMGS) to perform gas hydrate investigation on the Northern Continental Slope of the South China Sea. The…

Live Oil Discovered Onshore Jamaica

Feb 20, 2018

CGG GeoConsulting and Petroleum Corporation of Jamaica Announce First Reported Discovery of Live Oil Onshore Jamaica. CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have announced the discovery of two independent live oil seeps from different parts of the island of Jamaica…

India's Oil Imports Reach Record High in January

Feb 15, 2018

India imported a record 4.93 million barrels of oil per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed…

China's Crude Futures Face Challenges: Russell

Feb 15, 2018

China's new crude futures contract faces a mountain of obstacles to overcome if it is to establish itself as a viable benchmark for trading with the world's largest oil importer. The Shanghai International Energy Exchange (INE), which is part of the Shanghai Futures Exchange…

Sonatrach Eyes More Vessels to Boost Asia Gas Sales

Feb 12, 2018

Algeria will acquire more vessels to transport gas to Asia as it eyes increased sales in that region, the chief executive of state energy firm Sonatrach said on Monday.'With Russia and the U.S., gas competition is tough,' Abdelmoumen Ould…

China Rebuffs U.S. Criticism of its Venezuela Ties

Feb 05, 2018

China's support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said on Monday after the U.S. Treasury accused China of aiding Venezuelan President Nicolas Maduro's government with murky oil-for-loan investments…

Japan LNG Imports at 5-year High on Colder Weather

Feb 01, 2018

Japanese LNG imports reach 8.7 mln T in January, pressuring regional LNG market with China also hoovering up cargoes. Japanese imports of liquefied natural gas (LNG) hit their highest in at least five years in January, with shipments expected…

Alaska Requests Limits on US Offshore Drilling

Jan 30, 2018

Alaska Governor Bill Walker said on Tuesday he has asked U.S. Interior Secretary Ryan Zinke to pare back a Trump administration plan for oil and gas leasing off the state's coast. While Walker supports offshore oil development, he said the…

Bangladesh Inks Deal with Indonesia for LNG Imports

Jan 29, 2018

Bangladesh signed an agreement with Indonesia on Sunday to open talks on imports of liquefied natural gas (LNG), as the South Asian country turns to the supercooled fuel to fill a shortfall of domestic natural gas. A letter of intent was signed between two state energy companies…

Norway: We Must Prepare for Arctic Oil Race with Russia

Jan 17, 2018

Norway must identify potential offshore oil and gas reserves near its northern maritime border with Russia to better protect its economic interest in the remote Arctic region, energy minister Terje Soeviknes said on Wednesday. The two countries…

Current News

Geoscience Packages Reveal APAC Prospectivity

Geoscience Packages Reveal APAC Prospectivity

Oil Consumption Tracking is All About Asia

Oil Consumption Tracking is All About Asia

Rocsole Taps Tienhaara as CEO

Rocsole Taps Tienhaara as CEO

Malaysian State Open to Buying Petronas Stake

Malaysian State Open to Buying Petronas Stake

First Steel Cut for Cambodia Apsara Platform

First Steel Cut for Cambodia Apsara Platform

Russia Expecting Oil Output Bump

Russia Expecting Oil Output Bump

VOS Champion Starts New Charter

VOS Champion Starts New Charter

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week