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Production infrastructure off indonesia Exploration & Production

Indonesia’s upstream grab threatens ConocoPhillips

President Joko Widodo's resource nationalism drive means Conoco's contract for the Corridor block could be in jeopardy.

4 September 2018
LNG

Philippines rejects unsolicited offers for LNG terminal

The Philippines has rejected all seven unsolicited offers from companies to partner with PNOC to build the country’s first LNG terminal

3 September 2018
Exploration & Production

Philippine DOE to offer 14 oil and gas blocks next year

The Philippines’ Department of Energy plans to offer 14 oil and gas blocks under the Philippine Conventional Contracting Program early next year

3 September 2018
LNG

Healthy order books may push South Korean shipbuilders back into profit

A rising number of orders for new vessels could put South Korea’s shipbuilders back into profit after a difficult few years

3 September 2018
LNG

Philippine DOE working with legislature on LNG law

The Philippines’ Department of Energy is working with the country’s legislative body to craft a law regulating LNG activities

3 September 2018
Exploration & Production

Energy World expects boost in output from Sengkang PSC

Energy World Corp. is looking to boost output from Senkang with the installation of new equipment

3 September 2018
Exploration & Production

Coro Energy to acquire 42.5% stake in East Java’s Lengo gas field

London-listed Coro Energy is expected to acquire a 42.5% stake in the Lengo gas field off the coast of the Indonesian province of East Java

3 September 2018
LNG

July heatwave drives up Japanese LNG spot price

The cost of Japan's spot LNG breached the $10/MMBtu mark in July for the first time since March as a result of greater air conditioning demand.

3 September 2018
LNG

Asian LNG spot prices rise for third consecutive week

Asian LNG spot prices have risen for a third week in a row, buoyed by firm demand from Japan and South Korea

31 August 2018
Exploration & Production

Myanmar to launch next licensing round in H1 2019

Myanmar will launch its next oil and gas licensing round during the first half of 2019

31 August 2018
Global Markets

Indian railway company to expand use of gas

Indian Railways has signed a preliminary deal with state-owned Gail to expand its use of gas

31 August 2018
Exploration & Production

Posco Daewoo waiting to proceed in Myanmar following explosion

South Korea’s Posco Daewoo is waiting for approval from the Chinese government to proceed with its gas field development in Myanmar following a gas pipeline explosion

31 August 2018
Policy & Regulation

India to increase gas price by 14%

India’s government-set gas price is set to rise by 14% from October, to $3.5/MMBtu

31 August 2018
Policy & Regulation

India to reduce Iranian oil imports following US sanctions

India is set to significantly cut its imports of Iranian crude in response to sanctions imposed on Iran by the United States.

30 August 2018
Companies & Finance

Petronas to pay higher dividend than expected following profit boost

Petronas plans to pay the state a higher dividend than previously promised.

30 August 2018
LNG

Thai LNG import prices hit double figures in July

Thailand paid on average of more than $10/MMBtu for the LNG it imported in July, a level that has not been exceeded in three years.

30 August 2018
Alternative Fuels

Indonesia coal power project construction halted over scandal

A corruption scandal in Indonesia has seen nine people arrested in relation to contracts awarded for a $900 million coal-fired power plant

29 August 2018
Exploration & Production

Vedanta takes 41 blocks in Indian open acreage auction

Vedanta has emerged as the big winner of the first licensing round held under India’s open acreage licensing policy.

29 August 2018
Pipelines, Storage & Power

India’s Gail launches online pipeline portal

Gail has launched an online portal to allow third-party access to its gas pipeline network

29 August 2018
Exploration & Production

Israel’s Ratio Oil considers methane hydrate exploration in the Philippines

Ratio Oil Exploration has expressed interest in exploring for methane hydrates in the Philippine Rise

29 August 2018

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