South Asia
News
June 09, 2017
Honeywell Process Solutions (HPS), with the support of the Singapore Economic Development Board (EDB), will establish a new industrial cyber security center of excellence (COE) for Asia-Pacific in Singapore
News
June 08, 2017
Engie SA, France’s former natural-gas monopoly, is seeking to raise as much as 33 billion rupees ($512 million) selling its entire stake in India’s biggest importer of liquefied natural gas.
News
June 06, 2017
Oilex Ltd. has released the following update on the Cambay field workover program in India, and ongoing activities.
News
May 29, 2017
Oil & Natural Gas Corp.’s quarterly profits missed estimates for a gain as lower gas revenues and a jump in royalty payments outweighed the boost from higher crude prices.
News
May 24, 2017
One of the most prominent tycoons in the Philippines is increasingly optimistic that President Rodrigo Duterte can strike a deal with China to share oil and gas deposits in a disputed part of the South China Sea.
News
May 23, 2017
Jadestone Energy Inc. has announced, in line with the Company’s strategy, its withdrawal from the Bone production sharing contract offshore Indonesia, a further key step in releasing the company from non-strategic exploration assets.
News
May 18, 2017
India’s state-owned oil companies aim to sustain spending near a three-year high, encouraged by falling oil-services costs and expanding demand.
News
May 17, 2017
Great Eastern Energy Corp. will drill 144 new wells over the next four to five years at its Raniganj block in the eastern state of West Bengal, according to CEO Prashant Modi. The company, which began looking at the block in 1993, will invest an additional 50 billion rupees in other unconventional assets, including shale.
News
May 12, 2017
India’s oil demand bounced back in April after falling for three consecutive months, recovering from the impact of the country’s move to withdraw high-value notes.
News
May 09, 2017
In a recent report Wood Mackenzie highlighted how the absence of major Asian companies from the U.S. tight oil boom could change.
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
May 01, 2017
Saudi Arabia, the world’s largest crude exporter, cut pricing for June oil exports to Asia as it fights to defend sales in its biggest regional market. The kingdom raised pricing to all other regions.
News
April 24, 2017
Chevron announced that its wholly-owned subsidiary, Chevron Global Ventures, has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh.
News
April 21, 2017
Oilex Ltd. has announced the award of two key contracts to Schlumberger and Baker Hughes as part of its 2017 work program at the Cambay PSC in India. Schlumberger and Baker Hughes will advise on the optimal well and stimulation design required to achieve potential commercial flowrates.
News
April 14, 2017
A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Abul Hassan Mahmood Ali, minister of foreign affairs of the People’s Republic of Bangladesh, took place in Moscow. The parties expressed their appreciation for the Company’s efforts in Bangladesh.
News
April 12, 2017
Emerson Automation Solutions has donated licenses of its reservoir characterization and engineering software, Roxar RMS and Roxar Tempest, to two prominent Indian universities, the Graphic Era University (GEU) in Dehradun and the Maharashtra Institute of Technology (MIT) in Pune.
News
April 12, 2017
Anil Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton Ltd.-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the billionaire’s ambitions stretch.
News
April 10, 2017
India’s oil consumption fell for a third straight month, with the use of bitumen and naphtha declining and diesel demand growth flat, amid the continuing effects of demonetization.
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
Premier has announced that it has signed a share purchase agreement with Al-Haj Energy Limited (Al-Haj) for the sale of Premier Oil Pakistan Holdings BV, which comprises Premier’s Pakistan business for a cash consideration of $65.6 million.
News
April 04, 2017
The overseas arm of India’s biggest oil and gas explorer intends to spend more than $3 billion on Iran’s Farzad-B natural gas block.
