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Companies & Finance

Former Malaysian PM accused of money laundering

Large payments made by former Malaysian Prime Minister Najib Razak to a subsidiary of CNPC may have been the result of money laundering, a Malaysian official has said

18 July 2018
Alternative Fuels

Singaporean companies compete for Taiwan’s offshore wind market

Singapore-based offshore and marine companies are competing for billions of dollars in contracts from Taiwan’s offshore wind market

18 July 2018
Alternative Fuels

India investing more in renewables than fossil fuels

India has started to invest more in renewable energy than in fossil fuel generation for the first time, according to the International Energy Agency

18 July 2018
LNG

Hyundai wins contract to build four LNG carriers

South Korea’s Hyundai Heavy Industries has won a $740 million contract to build four LNG carriers for Greek shipping company Envagelos Marinakis

18 July 2018
LNG

Shell considering building Indonesian LNG terminal

Shell is looking to build an LNG terminal in Indonesia,

18 July 2018
LNG

Taipower seeking 1.8 mtpa of LNG for new terminal

Taiwanese state power company Taipower is seeking 1.8 mtpa of LNG to be delivered on an ex-ship basis for 10-20 years from 2025

17 July 2018
Exploration & Production

Oil Search farms into new PNG licences

Oil Search has farmed into four exploration licences next to the Elk-Antelope fields in Papua New Guinea

17 July 2018
LNG

Lloyds Energy group out of running to build Philippine LNG terminal

Dubai-based Lloyds Energy Group has failed to qualify to build the Philippines’ first LNG terminal

17 July 2018
LNG

Essar Ports to go slow on Hazira LNG terminal plans

India’s Essar Ports is delaying its plans to build four LNG terminals at the port of Hazira in Gujarat because of rising global gas prices

17 July 2018
LNG

Singapore sets LNG import record in May

Singapore imported more LNG than ever before in May, with imports for the month topping 350,000 tons.

16 July 2018
A drillpad in India Exploration & Production

India looks to CBM to expand gas production

Growth in India’s CBM output suggests it could play a significant role in the country’s future gas production.

16 July 2018
LNG

Summit, Mitsubishi and GE to invest $3 bln in Bangladeshi LNG-to-power project

Summit Group, Japan’s Mitsubishi and United States-based GE will jointly invest $3 billion on an LNG import and gas-to-power project in Bangladesh.

13 July 2018
Exploration & Production

Indian city gas project facing delays

Kochi Corp. has failed to grant road-cutting permission to Indian Oil-Adani Gas, causing delays in the implementation of a city gas project in India

13 July 2018
Policy & Regulation

Pakistan hikes prices for imported LNG

Pakistan’s Oil and Gas Regulatory Authority has increased the cost of imported LNG for consumers

13 July 2018
Exploration & Production

Woodside pledges to protect environment in Myanmar

Australia’s Woodside Petroleum is seeking to protect Myanmar’s environment while it develops the gas reserves in Block A6 off the coast of Rakhine

13 July 2018
Companies & Finance

Tokyo Gas and Gas Malaysia sign cooperation MOU

Gas Malaysia and Tokyo Gas have signed an MOU to cooperate on new investment in the gas value chain in Southeast Asia

13 July 2018
Exploration & Production

Chevron to leave Indonesia’s Makassar block in 2020

Chevron has decided not to renew its licence for the Makassar Strait Block in Indonesia when it expires in 2020.

11 July 2018
Global Markets

Bids in for India’s city gas distribution licences

India’s Adani Gas is among the companies that have submitted bids for city gas distribution licences offered by the Indian government.

11 July 2018
Exploration & Production

Gas production begins at Malaysia’s Buna Pakma

Repsol and Gas Malaysia have started producing gas at one of the six oil wells they are drilling offshore Malaysia

11 July 2018
Global Markets

Rising oil prices pushing India toward gas

Indian Oil Corp. Chairman Sanjiv Singh has warned OPEC that the rising price of oil will push India towards alternatives such as gas.

11 July 2018

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