PTTEP hits more gas with Malaysian wildcat
Thailand’s PTT Exploration & Production (PTTEP) and Malaysia’s Petronas have made a second gas discovery in the shallow waters of Balingian province off the Malaysian state of Sarawak.
LNG
Thailand eyes new FSRU scheme for LNG imports
State-run Electricity Generating Authority of Thailand (Egat) and national energy conglomerate PTT are jointly studying a development proposal for a 5 million tonne per year floating storage regasification unit (FSRU) to import liquefied natural gas (LNG).
Woodside seeks exit for struggling Kitimat LNG project
Australia’s Woodside Petroleum said today that it has decided to exit its 50% non-operated interest in the proposed Kitimat liquefied natural gas (LNG) export project in Canada. However, finding a buyer for the Chevron-operated development, will prove challenging.
Japex sells Canadian shale gas stake to Petronas
Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint.
China targets some Australian LNG as trade dispute widens
At least two of China’s smaller liquefied natural gas (LNG) importers have been told to avoid buying new cargoes from Australia, a further example of the impact on trade from souring ties between the two countries.
Inpex takes Ichthys LNG contractors to court in Japan
Japan’s Inpex has filed a lawsuit against joint venture company JKC, which consists of KBR, Chiyoda and JGC, relating to the construction of the giant Ichthys liquefied natural gas (LNG) export project in northern Australia.
Qatar and Russia set to benefit from China’s robust LNG demand
Among major liquefied natural gas (LNG) suppliers, Qatar, as well as Russia and African producers, look set to benefit from China’s rising demand for the fuel, according to FitchSolutions.
More upstream projects on the horizon for Australia
Australia is expected to see 118 oil and gas projects start operations across the value chain between 2021-2025, making up 6% of the total project starts in the Asia-Pacific (APAC) region, according to GlobalData.
Russia and China set to ramp up small-scale LNG
Russia and China will lead global small-scale liquefaction natural gas (LNG) capacity additions by 2025, according to a report by GlobalData.
Santos eyes Darwin LNG expansion
Santos is exploring potential liquefied natural gas (LNG) expansion developments for its Darwin export plant in northern Australia after signing a memorandum of understanding with Italy’s Eni.
Eni and Santos eye carbon capture opportunities at East Timor’s Bayu Undan
Australia’s Santos and Italy’s Eni are investigating options to re-purpose the Bayu Undan facilities to extend the life of the project, including a carbon capture and storage (CCS) scheme.
Petronas bolsters LNG tanker fleet
Malaysian national oil company (NOC) Petronas is adding three new liquefied natural gas (LNG) tankers to its global fleet. The ships will primarily be used to ship LNG from Canada.
Asia Pacific drives global upstream activity
Asia Pacific has been driving global upstream sanctioning activity over recent months with multiple projects approved in Malaysia and Australia.
Santos completes Bayu-Undan and Darwin LNG sell-down to South Korea’s SK
Australia’s Santos has completed the sell-down of 25% interests in Bayu-Undan and Darwin LNG to South Korea’s SK E&S, which is also a partner in the recently sanctioned Barossa development.
Indonesia misses first quarter production targets
Indonesia's first-quarter crude and natural gas production volumes missed their targets due to technical issues at wells and delays at BP's Tangguh liquefied natural gas (LNG) project, data from upstream oil and gas regulator SKK Migas showed.
Petronas exports LNG to China in ISO tanks
Malaysian national oil company Petronas has started exporting liquefied natural gas (LNG) to China in ISO tanks from its filling facility in Pengerang, Johor Bahru.
Philippines approves another LNG-to-power scheme
The Philippines has approved yet another proposed liquefied natural gas (LNG) to power scheme as the country faces a looming gas supply crunch. The latest award, to Vires Energy, underscores the department of energy’s (DOE’s) lack of strategy for LNG imports in the power-hungry Southeast Asia nation.
China’s CNOOC eyes stake in Qatar mega-LNG expansion
CNOOC, China’s third-biggest oil company, has signaled its interest to become a partner in Qatar’s $29 billion North Field liquefied natural gas (LNG) expansion project, that will be the world’s largest.
How Asia changed the global LNG market in one year
Resilient demand, price recovery and 'green' liquefied natural gas (LNG) all being driven by Asian buyers, reckons Wood Mackenzie Asia Pacific Vice Chair Gavin Thompson.
Vietnam eyes $128bn investment in gas and renewables
Vietnam will need more than $128 billion of investment to achieve bullish targets in its latest power development plan that seeks to expand gas and renewable generation capacity over the next decade.
India gets first FSRU as LNG import capacity balloons
India’s first floating storage and regasification unit (FSRU) the Höegh Giant docked at H-Energy’s Jaigarh liquefied natural gas (LNG) import terminal in Maharashtra earlier this month and is targeting to start operations in the first week of May - when the first LNG cargo arrives.
Offshore development suspended as PNG changes the rules again
Twinza is suspending the development of its Pasca A offshore project in Papua New Guinea (PNG) after the government reneged on a previous agreement and increased its demands.
Pavilion Energy imports Singapore’s first carbon neutral LNG cargo
Pavilion Energy has imported a carbon neutral liquefied natural gas (LNG) cargo into Singapore – the first for the Southeast Asian city state and Pavilion Energy.
McDermott wins Philippines LNG work
McDermott International’s CB&I Storage Solutions will provide the engineering, procurement and construction work for storage tanks at Atlantic Gulf and Pacific Company’s (AG&P’s) liquefied natural gas (LNG) import and regasification terminal in the Philippines.
Emissions and Qatar are neglected risks in Woodside’s Scarborough LNG project
Investors are in the dark about the financial implications of emissions from Woodside Petroleum’s proposed Scarborough liquefied natural gas (LNG) development at the North West Shelf offshore Western Australia, according to the Institute for Energy Economics and Financial Analysis (IEEFA)