The onshore gas terminal for India’s KG-D6 project. (Niko Resources) Policy & Regulation

India’s Goods and Services Tax is bad news for gas

Gas is likely to be the loser when India’s new GST regime comes into force in July, with profit margins in danger of being squeezed.

By Garima Chitkara 19 June 2017
Exploration & Production

Sarawak govt taking greater role in exploration and development

The government of the Malaysian state of Sarawak is set to establish a state-owned company to explore and develop resources in the state’s territorial waters.

13 June 2017
Indonesian Deputy Energy Minister Arcandra Tahar is upbeat about the upstream sector. (Indonesian energy ministry) Policy & Regulation

Jakarta pins upstream hopes on new law

Indonesia is hoping revised upstream legislation will boost interest in its new licensing round, but analysts remain sceptical.

13 June 2017
Companies & Finance

Engie announces $512 mln price tag for Petronet LNG stake

France’s Engie is seeking $512 million for its 10% stake in India’s Petronet LNG.

12 June 2017
Companies & Finance

PetroVietnam beats revenue target by 13.4%

PetroVietnam exceeded its revenue target by 13.4% in the first five months of 2017.

12 June 2017
LNG

Korea Midland Power looking to buy spot LNG cargo

South Korea’s Korea Midland Power Co. is seeking to buy an LNG cargo for delivery between 5-12 July.

12 June 2017
LNG

Philippines planning to build $2 bln LNG terminal by 2020

Philippine Energy Secretary Alfonso Cusi has said his country intends to build a $2 billion LNG terminal by 2020.

12 June 2017
Alternative Fuels

Japan plans for more nuclear power plants

Japan’s government is planning to build more nuclear power plants, a move that could be unpopular with the population.

12 June 2017
Pipelines, Storage & Power

Russia-Japan pipeline plans still on the table – Medvedev

Gazprom’s deputy chairman, Alexander Medvedev, has not ruled out building a pipeline connecting Russia to Japan.

12 June 2017
LNG

LNG imports soar in Southeast Asian markets

Taiwan, Thailand and Singapore all saw large growth in LNG imports in Q1 as a result of growing demand and a need to reduce reliance on piped gas.

12 June 2017
Exploration & Production

Thailand halts oil and gas production on Sor Por Kor land

Thailand’s Department of Mineral Fuels, part of the country’s Energy Ministry, has stopped production at all oil and gas projects that overlap Sor Por Kor land.

9 June 2017
Supply & Demand

India eyeing Russian gas imports

The Indian government is reviewing a wide variety of plans for receiving Russian gas supplies.

9 June 2017
Policy & Regulation

South Korean president reveals energy policy

South Korea’s new president, Moon Jae-in, has outlined his energy policy, which sets a target to expand the share of gas in the country’s power mix from 18% to 27% by 2030.

8 June 2017
Exploration & Production

PTTEP and Petronas seek cooperation in disputed waters

Thailand’s PTTEP and Malaysia’s Petronas are deepening their ties in exploring and developing offshore acreage in disputed waters.

8 June 2017
Global Markets

Vietnamese prime minister calls for closer cooperation with Japan

Vietnam’s Prime Minister Nguyen Xuan Phuc has called for greater cooperation between Japanese and Vietnamese companies in the field of energy.

8 June 2017
Exploration & Production

Japan restarts methane hydrate production

Japan was able to restart production of methane hydrates this week after sand clogged equipment in May.

8 June 2017
LNG

Philippines plans to become Southeast Asian LNG hub

The Philippine Department of Energy is hoping to make the country an LNG hub for Southeast Asia.

8 June 2017
LNG

Big role for FSRUs among India’s upcoming terminals

India is expanding its LNG import infrastructure with at least nine projects planned. The country’s import capacity could more than double by the end of the decade if these projects are brought online on schedule.

8 June 2017
Exploration & Production

Philippine Supreme Court Justice calls for defence of SCS territory

Philippine Supreme Court Justice Antonio Carpio has published a scathing attack on President Rodrigo Duterte’s calls for collaboration with China in the West Philippine Sea.

7 June 2017
Policy & Regulation

Indonesian businesses push government to cut gas prices

Indonesia’s businesses are urging the government to act on its promise to reduce gas prices.

7 June 2017
Alternative Fuels

South Korean company helping produce electric buses in Thailand

South Korea’s TGM has teamed up with four Thai automotive companies to produce electric buses in Thailand.

7 June 2017

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