Regional News: South Asia

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Pakistan Oil, Gas Regulator Says 50% Of Fuel Tankers Fail Safety Standards
Thursday, July 27, 2017 Pakistan's oil and gas regulator says that nearly 50% of fuel tankers in the country do not meet safety requirements.

India Refiner HPCL Sees More Scope For Foreign Buys After ONGC Deal
Thursday, July 20, 2017 Hindustan Petroleum sees itself better placed to buy overseas downstream assets once it becomes part of the country's top explorer Oil and Natural Gas Corp, its chairman M. K. Surana said.

India's Reliance Industries' 1Q Standalone Profit Up 9%, Tops Estimates
Thursday, July 20, 2017 Reliance Industries posts a 9% rise in first-quarter standalone profit, helped by higher margins from its core petrochemicals business.

India Approves Creation of State Oil Giant in $4.6 Billion Deal
Wednesday, July 19, 2017 India approves the sale of a $4.6B stake in refiner Hindustan Petroleum Corp. to the country's biggest oil and gas explorer, according to a person with knowledge.

Petronet Eyes 2019 Rescue for Nearly Idle $700 Million LNG Plant
Tuesday, July 18, 2017 The only LNG terminal in southern India reportedly is operating at about 10 percent of its 5 million-ton-a-year capacity.


Vietnam's Nghi Son Refinery to Import Its First Kuwaiti Crude Cargo
Tuesday, July 18, 2017 The 200,000 bpd plant will process Kuwaiti crude oil to produce LPG, gasoline, diesel, kerosene and jet fuel, mainly for the domestic markets.

India BPCL Makes Its First US Oil Purchase, Buys Mars, Poseidon
Monday, July 17, 2017 India's Bharat Petroleum Corp has made its first purchase of US oil, buying high sulphur crudes Mars and Poseidon in a tender, its head of refineries said.

India Wants $300 Billion in Oil Spending to Meet Growing Demand
Wednesday, July 12, 2017 India needs investments to boost the production of natural gas and crude oil, and to refine, transport and distribute the fuel to households, Oil Minister Dharmendra Pradhan said.

Zhejiang Starts Construction Of China's First Private Oil Refinery Site
Monday, July 10, 2017 Zhejiang Petrochemical started construction of the first phase of its oil refining and petrochemical complex.

Bangladesh LNG Drive Likely To Hit Its Diesel, Fuel Oil Demand
Thursday, July 06, 2017 Bangladesh's plan to start importing LNG next year will likely dampen its demand for oil used in power generation.

Indian Refiners Tap Spot Crude Market To Feed Increased Capacity
Tuesday, July 04, 2017 Indian companies step up purchases of high-sulphur crude oil from the Middle East and Russia in the spot market to feed demand from expanded refining capacity.

LNG Price Row Between India, US Crimps Trump's Export Aims
Friday, June 30, 2017 India's biggest importer of U.S. LNG is trying to re-negotiate prices with the U.S. seller, sources said.