Far East
News
May 08, 2017
The 19th edition of the Asia Oil & Gas Conference (AOGC 2017) started today in Kuala Lumpur, where more than 1,300 delegates have converged at the Kuala Lumpur Convention Centre to discuss issues and gain invaluable insights on the new reality of the oil and gas industry.
News
April 06, 2017
OPEC all but trashed the tanker market with its output cuts. That the damage hasn’t been even worse is thanks in large part to a flood of U.S. crude exports, particularly to Asia.
News
April 05, 2017
DSME and DNV GL presented the results of a joint development project (JDP) for the design of an innovative, efficient LNG carrier based on today’s technology, at the Gastech 2017 conference in Tokyo, Japan.
News
March 09, 2017
More Asian LNG buyers are trying to avoid taking the U.S. supplies they signed up for just a few years ago in order to cut shipping costs.
News
March 08, 2017
One of Japan’s largest companies, the general trading giant and business developer Mitsui & Co., has underlined the importance of a stable liquefied natural gas supply in order to fulfil future energy demand in Japan.
News
March 01, 2017
Following two years of successful operations, iSURVEY Pte Ltd, Singapore, has again been awarded a marine construction survey support contract with Solstad Offshore Asia-Pacific for works onboard the DLB Norce Endeavour.
News
February 17, 2017
The biggest oil producers in the Middle East are helping crude from Western Siberia boldly go where it’s rarely gone before.
Article
February 2017
Last year will be remembered for its stark contrasts in global production rates, with North America absorbing the largest loss, while the Middle East and Russia chalked up big gains. It remains to be seen how OPEC’s quota deal in December will alter the rules of the game.
Article
February 2017
After two years of spending declines, North American E&Ps are set to increase capex during 2017, while international outlays are set to fall for a third consecutive year.
News
February 16, 2017
Japanese gas consumption hit record levels in January. Tokyo Gas reported that usage in the capital city reached over 60 MMcmg.
News
February 06, 2017
Singapore is considering a range of measures to lure a listing from energy giant Saudi Arabian Oil Co., according to people familiar with the matter, as global exchanges compete for a slice of what could be the world’s largest-ever initial public offering.
News
October 28, 2016
Oil India Limited (OIL), an upstream oil and gas public sector utility, has entered into a Memorandum of Understanding (MOU) with the University of Houston (UH), with the intent of augmenting its reserves base and maximizing recovery from its aging oilfields.
News
October 27, 2016
Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 15% fall in third-quarter sales as output declined with capital spending.
News
October 13, 2016
China’s crude imports rose to a record as a new strategic reserve site became operational and refineries prepare to process more oil. Net oil product exports also rose near a record.
News
August 17, 2016
A drilling contract has been awarded to the Frigstad Shekou, which is the first of two ultra deepwater semisubmersible drilling rigs, which were ordered by Frigstad Deepwater Ltd in December 2012.
News
June 07, 2016
Inpex Corporation started drilling an exploratory well offshore Japan on Sunday, the company said in a statement.
News
May 23, 2016
Japan, the world’s biggest buyer of LNG, paid the lowest price in about 11 years for the fuel last month amid a global oversupply.
News
May 19, 2016
Katalyst Data Management has opened a new full service iGlass datacenter in Perth, to support oil and gas companies throughout the Asia-Pacific region with their operational and exploration programs.
News
April 05, 2016
Inpex Corp., Japan’s biggest oil and gas explorer, expects to book $606 million in impairment charges for the year just ended, following the collapse in oil and gas prices.
News
March 24, 2016
As oil’s collapse leaves some fields with no chance to turn a profit, China’s biggest producer is ready to cut its losses.
News
March 08, 2016
A facility on Japan’s Pacific coast will be ready next month to ship LNG abroad, as a global glut turns the world’s biggest buyer into a seller of the fuel.
