Production News for East & SE Asia


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IEA: China's Crude Oil Buying Spree Looks Set To Continue
Thursday, October 12, 2017 China has built its crude oil stockpiles at a record pace in 2017 and inventories could hit the billion-barrel mark in six months, IEA says.

Petrochina's Refinery, Gas Fields And Pipelines Unaffected By Sichuan Quake
Wednesday, August 09, 2017 Petrochina's Refinery, Gas Fields And Pipelines Unaffected By Sichuan Quake

China's CNPC Resumes Part Of Gas Production At Changqing Field
Friday, July 28, 2017 CNPC is gradually resuming operations at its closed Changqing gas field in China's western province Shaanxi, the company says.

China Energy Demand May Already Have Peaked
Friday, June 30, 2017 China's energy demand has reached peak levels and is set to fall in coming years, an influential government think tank says.

PTT Investigating JDA A-18 Gas Field Shutdown
Monday, June 26, 2017 Thai energy company PTT is investigating a shutdown at a natural gas field in the Malaysia-Thailand Joint Development Area (JDA) in the Gulf of Thailand.

Thailand To Announce Winners For Erawan, Bongkot Gas Fields In Feb 2018
Thursday, June 22, 2017 Thailand will announce the winning bids to take over the concessions to operate the Erawan and Bongkot offshore natural gas fields in the Gulf of Thailand in February next year.

Tunisia Gas Field Protesters Reach Deal, Production To Restart
Friday, June 16, 2017 Protesters blockading oil and gas fields in southern Tunisia have reached an agreement with the government to end a sit-in and allow production to restart immediately.

JX Nippon Starts Gas Production Offshore Malaysia
Thursday, June 15, 2017 JX Nippon Oil & Gas Exploration (Malaysia) Limited starts commercial gas production from the Layang field, offshore Sarawak in Malaysia.

Eni Starts Production from Jangkrik Development Project
Monday, May 15, 2017 Eni starts gas production from the Jangkrik Development Project, located in deepwater offshore Indonesia, ahead of schedule.

China To Boost Non-Fossil Fuel Use To 20% By 2030
Tuesday, April 25, 2017 China aims for non-fossil fuels to account for about 20% of total energy consumption by 2030.

Iran Ranks As No. 2 Oil Supplier To S. Korea First Time For A Quarter
Monday, April 24, 2017 Iran ranked as South Korea's 2nd-biggest oil exporter over the first 3 months of 2017 as it ramped up output to regain market share after sanctions were lifted last year.

Saudi Aramco To Supply Full Crude Contract Volumes To Asia
Wednesday, April 12, 2017 Saudi Aramco will supply full contract volumes of crude oil to at least 3 Asian buyers in May, steady compared to April, industry sources with knowledge of the matter say.

Diversify Or Die: China's Independent Oil Refiners Adapt To New Challenges
Tuesday, April 11, 2017 China's independent oil refiners are branching out into new sectors to overcome challenges.

Japan To Conduct Second Test To Produce Gas From Methane Hydrate
Monday, April 10, 2017 Japan begins preparations for a second production test to extract methane gas from methane hydrate deposits offshore Japan's central coast.

LNG Producers Turn To Trading, Risk Taking To Maintain Market Share
Wednesday, April 05, 2017 Producers of liquefied natural gas (LNG) are taking on more risk and learning to trade, just like any other commodities dealer.

Thailand To Auction Petroleum Concessions For Erawan, Bongkot Fields In Dec
Friday, March 31, 2017 Thailand will auction petroleum concessions for Erawan and Bongkot gas fields in December, the country's energy minister says.

Beset By Delays, Myanmar-China Oil Pipeline Nears Start-Up
Tuesday, March 21, 2017 Nearly a decade in the making, a project to pump oil 480 miles across Myanmar to southwest China is set for imminent start-up.

Cambodia To Revise Oil Contract, Paving Way For First Oil
Monday, March 20, 2017 Cambodia will sign a revised production sharing contract this month with Singapore-listed explorer KrisEnergy to develop an offshore field that could finally produce the country's first oil.

Sinopec Starts Operation Of Crude Oil Pipeline In South China
Tuesday, March 14, 2017 China Petroleum and Chemical Corp starts operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, the company says.

Floating LNG Production Bows Out As US Exports Roil Market
Monday, March 06, 2017 FLNG projects have been firmly relegated to the backburner as global gas producers seek cheaper ways to compete with a surge in US shale supplies and slumping prices.

China's 2017 Natural Gas Output To Jump To 170 Bcm
Friday, February 17, 2017 China's natural gas production will surge by about a quarter to 170 billion cubic metres (bcm) in 2017 from 136.8 bcm in 2016, estimates from the National Energy Administration show.

UAE's ADNOC Offers April Murban Crude From S.Korea Storage In Rare Move
Thursday, February 16, 2017 Abu Dhabi National Oil Company offers Murban crude to be loaded in April from its oil storage in South Korea.

Thai Oil Targets 2017 Refining Rate At 100-103 Pct Of Capacity
Tuesday, February 14, 2017 Thailand's largest oil refiner Thai Oil aims to run its refinery at 100-103% of its 275,000 barrel-per-day (bpd) capacity in 2017, and has no plans for any maintenance shutdowns.

Shell, Pavilion Gas To Start Shipping LNG To Singapore In 2017
Tuesday, February 14, 2017 Shell Eastern Petroleum and Pavilion Gas will start supplying Singapore with liquefied natural gas (LNG) later in 2017 under contracts awarded last year.

S. Korea's KOGAS Says Interested In US Shale Gas Projects
Friday, February 10, 2017 Korea Gas Corp (KOGAS) would be "interested" in participating in US shale gas projects, with such investment curbing any potential trade pressure on South Korea from the US government.

Qatar Petroleum Joins Consortium To Develop Pakistan LNG Project
Tuesday, February 07, 2017 Qatar Petroleum (QP) joins an international consortium of major U.S., European and Japanese energy companies to develop a liquefied natural gas (LNG) import project in Pakistan.

SK Innovation Sees Refining Margins Staying Healthy In 2017
Friday, February 03, 2017 Refining margins will stay firm in 2017, backed by limited additions to refined product supplies and solid demand growth, SK Innovation says.

Petrochina Aims To Meet A Third Of China's Shale Gas Target By 2020
Thursday, January 26, 2017 China's biggest energy giant PetroChina plans to step up shale gas development in Sichuan province this year, aiming to meet a third of a 2020 government target for the unconventional resource.

Petronas: LNG Train 9 in Sarawak Moves to Commercial Operations Phase
Monday, January 23, 2017 Petronas announced Monday that its LNG Train 9 in Bintulu, Sarawak, has moved to the commercial operations phase as of Jan. 1.

China Crude Oil Throughput Hits Daily Record In December And 2016
Friday, January 20, 2017 China's December refinery production touched new highs as facilities replenished stocks ahead of a long holiday break, lifting crude oil throughout for the year as a whole by 2.8% to another record.

CNOOC Commences Production from Enping 23-1, South China Sea
Wednesday, January 18, 2017 China's CNOOC Limited has commenced production from the Enping 23-1 oilfields, located in the Pearl River Mouth Basin of the South China Sea.

China's Crude Oil Output Will Fall 7% By 2020
Tuesday, January 17, 2017 China's crude oil output is expected to drop by 7% by 2020 compared with the previous 5-year plan as output from some of the nation's largest, but oldest, wells falls.

Petrovietnam, Exxon Mobil Sign Deal On Gas Generation
Friday, January 13, 2017 PetroVietnam signs an agreement with the Vietnamese unit of U.S. Exxon Mobil Corp to develop the country's biggest gas project for power generation.

CNOOC Starts Penglai 19-9 Output
Friday, January 13, 2017 CNOOC Limited reveals that Penglai 19-9 comprehensive adjustment project, located in the Bohai Sea, has commenced production.

China Extends Tax Waivers For Oil, Gas Drilling Equipment
Friday, January 06, 2017 China removes a tariff imposed on drilling equipment used in 20 oil and natural gas prospecting fields in western China in a move to boost oil production.

China's Top Oilfield to Cut CAPEX by 20% in 2017
Thursday, December 29, 2016 China's largest oilfield, Daqing, will slash capital spending in 2017 by 20% compared to the previous year.

Pertamina Advances Cilacap Oil Refinery Upgrade Finish To 2021
Thursday, December 22, 2016 Pertamina aims to finish a $5 billion upgrade to the Cilacap oil refinery in Central Java in 2021, one year earlier than its previous target, its chief executive said on Thursday.

Malaysia's Petronas To Cut 2017 Oil Output By Up To 20,000 Bpd
Wednesday, December 21, 2016 Petroliam Nasional Bhd will trim crude output by up to 20,000 barrels per day in 2017, down about 3% from this year's estimated production, honouring the country's commitment to reduce supply.

Startup Of Malikai Oil Field To Boost Malaysia's Kimanis Exports
Tuesday, December 13, 2016 Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25% from January.

Malaysia's Petronas To Adjust Output After Oil Cut Deal
Tuesday, December 13, 2016 Petroliam Nasional Bhd said on Tuesday it would adjust crude oil production in line with an agreement between OPEC and non-OPEC producers to reduce global supply.

Oilex Looks to up Cambay Stake to 100%
Tuesday, December 13, 2016 Oilex Ltd announced Tuesday that it has submitted a conditional offer for an additional 55% interest in India's Cambay production sharing contract.

Total Indonesia Unit Sees Lower Gas Output At Mahakam Block In 2017
Wednesday, December 07, 2016 Total E&P Indonesie, a unit of French oil major Total, said it expects gas output at its Mahakam block to be 1.43 billion cubic feet per day (bcfd) in 2017 against 1.64 bcfd this year.

China To Further Open Up Upstream Oil, Gas Sector By 2020
Tuesday, November 29, 2016 China will open up its upstream oil sector further between 2016 and 2020, the official Xinhua news agency reported, citing the vice minister of the Ministry of Land and Resources.

Petronas Achieves First Gas at Floating LNG Facility
Thursday, November 17, 2016 Malaysian state-owned oil firm Petroliam Nasional Bhd achieves first gas this week for its first floating liquefied natural gas (LNG) facility in offshore Sarawak, east of the country.

PetroChina Expands Receiving Capacity of LNG Terminals
Tuesday, November 08, 2016 PetroChina starts up new storage tanks for LNG in order to get ready to meet winter demand for the heating fuel, according to officials.

Sources: BP Sells US Crude Oil to Thailand, Australia for First Time
Wednesday, October 26, 2016 BP plans to ship one million barrels of US crude oil to Thailand and Australia for the first time, according to sources.

Indonesia's Pertamina Targets 42% Increase in 2017 Crude Output
Tuesday, October 25, 2016 Indonesia state oil firm Pertamina targets a 42-percent increase in crude oil production and a 17-percent increase in gas production in 2017, amid continued overseas expansion.

Indonesia Considers Inpex Request To Boost Masela LNG Output Again
Friday, October 21, 2016 Indonesia expects to decide within "one or two weeks" on a plan by Inpex Corp to increase proposed output from the Masela natural gas field to nearly four times the level originally slated.

Mangala Field Hits 300 Million Barrels of Cumulative Production
Thursday, October 20, 2016 Cairn India Limited announced Thursday that the Mangala oil field in Rajasthan has achieved 300 million barrels of cumulative production.

Indonesia Sees 63 Uncommitted LNG Cargoes In 2017
Thursday, October 20, 2016 There are currently 63 uncommitted cargoes of liquefied natural gas (LNG) for 2017 delivery from Indonesia's Tangguh and Bontang projects.

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