Asia Pacific
Liquefied Natural Gas (LNG) , Tankers
Singapore Importer Cancels US LNG Cargo Loading
Global market oversupply leaves many traders with purchased cargoes that they cannot resell.
Seismic
Shearwater Wins Largest-Ever 4-D Campaign In Asia Pacific Region
Shearwater GeoServices Holding AS has been awarded the largest-ever 4-D seismic campaign in the Asia Pacific region covering up to six fields operated by Woodside in Australia, the company said on Nov. 18.
Investment , International
India To Invite Foreign Firms To Invest In State-Owned Oil Companies
Prime Minister met with CEOs of oil majors during his recent trip to Houston.
Crude Oil
Oil Prices Gain As Market Awaits Signals On US-China Trade Talks
Oil prices rose on Nov. 12, reversing early losses on hopes that President Donald Trump may signal progress on trade talks with China in a speech later in the day.
Exploration & Production
Indonesia Signs 20-year Production-sharing Contract For Corridor Block
The contract will extend by 20 years the current contract with the same companies that will expire in late 2023.
Public Capital , Earnings , Deepwater
Miner BHP Taps Oil, Gas For Growth After Shale Exit
Last year, BHP ended a massive loss-making seven-year foray into shale by selling most of its U.S. onshore shale oil and gas assets to BP for $10.5 billion.
Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil , Renewables
Southeast Asia May Become Net Fossil Fuel Importer In Coming Years: IEA
Southeast Asia could become a net importer of fossil fuels in the next few years, raising the financial burden on governments and increasing carbon emissions in the region, the International Energy Agency (IEA) warned in a report.
Liquefied Natural Gas (LNG)
LNG Oversupply Drives Asian Prices Down
Higher demand from Japan, South Korea and Pakistan can keep up with global oversupply.
Field Development
Chevron Seeks Partner For Indonesian Deepwater Project
The company has a 62% participating interest in the IDD-II project, which covers development of the oil- and gas-rich Gendalo and Gehem fields.
Earnings , Renewables , Technology
Aker Solutions Eyes 20% Of Revenue From Renewables By 2030
In an attempt to diversify its business, the company has taken a 23% stake in U.S.-based Principle Power, a developer of floating wind power technology, and is involved in floating wind power projects in the United States and South Korea.