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.

November 19, 2019

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.

November 18, 2019

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.

November 12, 2019

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.

November 12, 2019

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.

November 11, 2019

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.

November 11, 2019

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.

October 29, 2019

Liquefied Natural Gas (LNG)

LNG Oversupply Drives Asian Prices Down

Higher demand from Japan, South Korea and Pakistan can keep up with global oversupply.

October 28, 2019

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.

October 23, 2019

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.

October 23, 2019