Regional News: Austral-Asia

 
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Ten Sailors Missing After US Warship, Tanker Collide Near Singapore
Monday, August 21, 2017 Ten US sailors were missing after a US warship collided with an oil tanker east of Singapore before dawn on Monday.

Vietnam Crude Oil Imports To Hit Record As Refinery Gets Ready To Start
Friday, August 18, 2017 Vietnam's crude oil imports will soar to record highs in August as the country ramps up fuel refining at a time when local crude output is dwindling.

Russell: From Leader To Loser: Australia Risks Missing Next LNG Wave
Thursday, August 17, 2017 Should the arrival of the last major piece of kit in Australia's $180 billion LNG spree be a cause for celebration or for a wake?

HOW COOL IS THAT!: Geologist, Author, Global Marathoner
Thursday, August 17, 2017 Australian wellsite geologist Amanda Barlow provides glimpse of offshore life to 'laypeople.'

Woodside Sees Qatar Targeting New LNG Buyers With Supply Surge
Wednesday, August 16, 2017 Woodside expects rival Qatar to target the emerging markets of India and Pakistan with a new wave of supply next decade and not cannibalize traditional Asian buyers.

  


Thai Oil Buys 1 Million Barrels North Sea Crude To Replace Mideast Oil
Wednesday, August 16, 2017 Thai Oil PCL has bought 1 million barrels of North Sea Forties crude to be delivered in November

Traders Expect Asia To Import More Venezuelan Crude If US Sanctions Kick In
Tuesday, August 15, 2017 Asia would be the biggest beneficiary of any potential sanctions by the United States on Venezuela's oil sector, said traders and analysts.

Philippines Weighs China Energy Deal in Disputed South China Sea
Tuesday, August 15, 2017 The Philippines is considering potential ways to jointly develop oil and gas resources with China in a disputed part of the South China Sea, according to Foreign Affairs Secretary Alan Peter Cayetano.

Australia's $180B LNG Megaproject Boom Enters Final Stretch
Monday, August 14, 2017 The last massive component of Australia's $180 billion LNG construction boom arrived, stepping up a race between Shell and Inpex to start chilling gas for export in 2018.

Gas Starts Flowing from BP's New Fields Offshore Trinidad and Australia
Monday, August 14, 2017 BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia, the company said, further boosting output that is helping the company to turn a corner after a bruising market downturn.

Global LNG: Faltering Supply Prompts Short-Covering Price Rally
Friday, August 11, 2017 Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.

Japan's Cosmo Expects Abu Dhabi's Hail Oilfield Startup In October
Thursday, August 10, 2017 Japan's Cosmo Energy Holdings says the offshore Hail oilfield in Abu Dhabi is set to start production in October.

Top Oil Buyers Go on Light Crude Diet to Meet Diesel Craving
Wednesday, August 09, 2017 'Diesel demand has been strong in emerging economies,' says Peter Lee, an analyst at BMI Research.

S. Korea's SK Energy Buys First US Crude Oil In Move Away From Middle East
Tuesday, August 08, 2017 SK Energy is buying its first-ever continental US crude oil shipment as producer club OPEC's output cuts raise MidEast prices.

Top Oil Buyers Go on Light Crude Diet to Satisfy Diesel Craving
Tuesday, August 08, 2017 'Diesel demand has been strong in emerging economies,' said Peter Lee, an analyst at BMI Research.

Baker Hughes Clinches Integrated Services Contract For PNG Gas Field
Tuesday, August 08, 2017 Baker Hughes wins a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field.

Hong Kong's NewOcean To Build $1.2B Oil Refinery In Malaysia
Monday, August 07, 2017 Hong Kong's NewOcean Energy Holdings Limited says it plans to build a $1.2 billion petroleum refinery complex.

Japan, Russia Need To Enhance Trust Before Gas Pipeline Plans
Monday, August 07, 2017 Japan and Russia need to work on building a more trusting relationship before any plans to build a natural gas pipeline can be fulfilled.

Loadings: Iran's Oil Exports To China To Rise To 11-Month High In August
Thursday, August 03, 2017 Iran's oil exports to China may rise to the highest in 11 months in August.

Japan To Start Work On Revising Basic Energy Policy Next Week
Tuesday, August 01, 2017 Tokyo will begin discussions on a revision of Japan's basic energy plan next week, Minister of Economy, Trade and Industry Hiroshige Seko says.

Vietnam: Others Should Respect Its Right To Drill For South China Sea Oil
Friday, July 28, 2017 Vietnam says other countries should respect its legitimate right to drill for oil in its waters amid growing tension with China.

Owners Of Modern VLCCs Could See Rates Blip In Market Under Pressure
Friday, July 28, 2017 Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply.

Rig Builder Sembcorp Marine 2Q Net Profit Falls 51%
Thursday, July 27, 2017 Sembcorp Marine posts a 51% fall in second-quarter profit.

Embattled Noble Links With Rival Mercuria As It Shrinks To Stay Afloat
Wednesday, July 26, 2017 Noble Group, once Asia's largest commodities trader, will tie up with rival Mercuria Energy Group as part of a dramatic downsizing.

Glencore's LNG Global Head Gordon Waters Leaves Company
Monday, July 24, 2017 Glencore's global head of liquefied natural gas (LNG), Gordon Waters, has left the company.