Production News for East & SE Asia


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China Shale Gas Output To Nearly Double Over 3 Years - Consultancy
Tuesday, April 17, 2018 China's shale gas production will likely reach 17 billion cubic metres in 2020, nearly double the 2017 level.

UAE Says Most Countries In Oil Cut Deal Like Idea Of Long-Term Alliance
Thursday, April 12, 2018 A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers' alliance, the energy minister of the United Arab Emirates says.

Chevron Seeks To Extend Rokan Oil Contract In Indonesia Beyond 2021
Friday, April 06, 2018 Chevron has submitted a proposal to extend its contract to operate the Rokan oil block in Indonesia beyond 2021.

Asian Oil, Gas Producers Stepping Up Activity After Long Lull
Friday, March 23, 2018 Asia's oil and gas producers are starting to revive projects aimed at deflating years of ballooning energy imports after new investment dried up following the 2014 industry crisis.

Vietnam Halts South China Sea Drilling Project Under Pressure From Beijing
Friday, March 23, 2018 Vietnam halts an oil drilling project in the 'Red Emperor' block following pressure from China, 3 sources with direct knowledge of the situation tell Reuters.

Gas Production Commences at B15 Field Offshore Sarawak
Thursday, March 22, 2018 Gas production starts up at the B15 field, located within the SK310 production sharing contract area offshore Sarawak in East Malaysia.

Mubadala Advances $1B Malaysia Pegaga Gas Field Project
Wednesday, March 21, 2018 Mubadala Petroleum, Petronas and Royal Dutch Shell will spend more than $1 billion to develop Malaysia's Pegaga gas field.

CNOOC Starts Production from Weizhou 6-13 in South China Sea
Tuesday, March 20, 2018 CNOOC Limited starts up its Weizhou 6-13 oilfield ahead of schedule.

Down Is Up as Aging Oil Fields Defy Gravity to Pump More
Friday, March 09, 2018 Bob Dudley has never seen anything like what happened with BP's old fields last year: They gushed more crude.

East Timor, Australia Agree On Maritime Border, 'Pathway' To Develop Field
Monday, February 26, 2018 East Timor and Australia reach an agreement for a treaty on their disputed maritime border and on a 'pathway' to develop the giant Greater Sunrise offshore gas fields.

Thailand Pushes Erawan And Bongkot Gas Field Auctions To April
Thursday, February 22, 2018 Thailand expects auction terms for its petroleum gas fields to be ready in April, a month later than previously indicated.

ONGC Short-Lists Three Oil Service Majors To Lift Output From Two Fields
Wednesday, February 21, 2018 India's Oil and Natural Gas Corp is set to hire international oil service giants for the first time to boost output from domestic oil fields.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

Sino Gas Submits Development Plan for Sanjiaobei
Tuesday, January 02, 2018 Sino Gas & Energy Holdings Limited submits the Sanjiaobei Overall Development Plan to its PSC partner PetroChina CBM for approval.

Brunei Oil Production to Grow Over Next 5 Years
Thursday, December 07, 2017 Brunei's oil production will grow over the next 5 years, supported by output maintenance works at mature assets.

South China Sea Project Starts Production
Tuesday, November 28, 2017 The Weizhou 12-2 oil field phase II project, located in the Beibu Gulf in the South China Sea, commences production.

SOCO International Signs PSC for Blocks Offshore Vietnam
Monday, October 30, 2017 SOCO International plc signs a new Production Sharing Agreement (PSC) for Blocks 125 and 126 offshore central Vietnam with PetroVietnam and SOVICO Holdings.

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.