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Japan Picks Five Promising Zones for Offshore Wind Farms

May 12, 2023

The Japanese government said on Friday it had chosen five sites off the coast of Hokkaido as 'promising zones' for developing offshore wind farms, marking the second stage in a three-part selection process. The move comes as Japan looks to accelerate…

Indian Court Upholds Tribunal Ruling Favoring Reliance in Gas Migration Dispute

May 09, 2023

Delhi High Court has upheld the ruling of an arbitration panel favoring Reliance Industries and its foreign partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd, a court order shows. The oil…

Australia Passes Tougher Emissions Reduction Law that Hits Gas Investments

Mar 30, 2023

New rules that cap total Australian greenhouse gas emissions and curb some new gas and coal investments in the country will come into effect on 1 July after parliament passed an upgraded emissions reduction plan on Thursday.The 'Safeguard Mechanism'…

Oman to Offer Offshore Oil and Gas Blocks in 2023 - Tweet

Mar 02, 2023

Oman is in the preparation process to offer a new batch of oil and gas concession areas by the end of the first quarter of 2023, the energy ministry said in a tweet on Thursday.While the first batch will target onshore blocks, the Gulf-state…

India Bans Oil Tankers, Bulk Carriers Older than 25 Years

Feb 28, 2023

India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world's third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet…

Australia Steps Up Its Renewable Energy Game with Proposed Offshore Wind Zone

Feb 24, 2023

The federal government of Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, a region of New South Wales, Australia.The government said that the proposed offshore wind area, which sits alongside the Hunter…

Vietnam to Further Delay Rules for Multi-billion-dollar Offshore Wind Power

Feb 16, 2023

Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential…

Australia: Court Quashes Ex-PM's Decision to Block Offshore Gas Project

Feb 16, 2023

An Australian court on Tuesday overturned a controversial decision by the previous prime minister to block a gas exploration project off the country's east coast, opening the door for the project to be reconsidered.The Federal Court quashed…

Petronas Units in Luxembourg Seized Again in $15B Arbitration Dispute

Feb 16, 2023

Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters…

U.S. Major ExxonMobil Faces $220M Tax Claim from Russia

Jan 31, 2023

The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents…

Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Jan 24, 2023

Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice…

Indonesia Awards Two Oil & Gas Exploration Blocks to Domestic Firms

Dec 28, 2022

Indonesia has awarded another two oil and gas exploration blocks to domestic firms as it seeks to boost production to meet growing energy demand, the energy ministry's director general of oil and gas said on Wednesday. The Paus working area in offshore East Natuna…

CIP Wins Rights to Build 500-600MW Offshore Wind Farm in Taiwan

Dec 14, 2022

Copenhagen Infrastructure Partners (CIP) said Wednesday it had been allocated 500–600 MW of capacity in the first round of Taiwan’s Round 3 Zonal Development offshore wind auction.'On December 14, 2022, it was announced that CI IV’s [a CIP subsidiary] Fengmiao offshore wind project…

Lebanon Extends Offshore Exploration Licensing Round Deadline Again

Dec 09, 2022

Lebanon has again extended the deadline for applications to explore for hydrocarbons in eight offshore blocks, the energy ministry said on Friday.The deadline had already been extended several times, most recently from June until Dec. 15. Lebanon’s…

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Dec 02, 2022

The Philippines must find a way to explore for oil and gas in the South China Sea even without a deal with China, President Ferdinand Marcos Jr said on Thursday, emphasizing his country's right to exploit energy reserves in the contested waterway…

Current News

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Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

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