Far East
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.
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.
News
January 21, 2016
OPEC’s decision to flood global markets is helping China’s biggest oil company pump record volumes overseas.
News
December 06, 2015
With the International Energy Agency predicting that Indonesia will import 40% of its oil needs by 2018, OPEC is getting a consumer in their midst.
News
November 08, 2015
Oil demand will soon reflect the “attractiveness” of the current level of crude prices, and Asia will be a vital engine of economic expansion for decades, Saudi Oil Minister Ali al-Naimi said. OPEC’s chief joined him in seeing Asia as the main hub for growth.
News
September 22, 2015
The slump in LNG prices still has further to go, even after a plunge of 60% from last year’s peak, according to FGE, an energy consultant.
News
September 08, 2015
Crude jumped almost 4% in less than two hours in London as a late-day surge in Shanghai stocks spurs investor optimism across global markets.
News
September 04, 2015
Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam.
