Asia-Pacific
Vietnam bets big on LNG, South China Sea gas fields amid supply, security risks
Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported LNG and its reserves in the South China Sea, despite supply and geopolitical risks.
Cheniere strikes LNG supply deal with Korea Southern Power
Cheniere Energy Inc said it has entered a long-term deal to supply LNG to Korea Southern Power Co Ltd.
Executives say Australia gas moves may hit long-term energy investment
The Australian government's repeated intervention in domestic gas prices could have long-term repercussions on investments in its wider energy sector, industry executives warned.
Bangladesh rocked by power cuts as cyclone hits gas supply
Bangladesh faced its worst power cuts in over seven months as a deadly storm forced the closure of both its floating LNG terminals, less than a month after a scorching heatwave caused widespread outages in the south Asian country.
Kazakhstan, Russia map out gas pipeline to China
Kazakhstan and Russia have established the route for a future gas pipeline to support shipments between the two countries and to China, Kazakhstan's energy minister said.
Woodside open to talks with Chinese firms for Scarborough gas project
Woodside Energy Group said it is open to talks with Chinese firms to invest in its $12-B Scarborough liquefied natural gas project in Australia.
Shell halts production at Prelude floating LNG facility
Shell has suspended production at its Prelude floating LNG facility off Western Australia due to problems with its processes and is working through steps to restart production at the world's largest floating LNG platform.
Asian spot LNG prices fall for third straight week to near 2-yr low
Asian spot LNG prices fell for the third straight week to the lowest level in nearly two years due to weak demand from top regional importers and as inventories remained high.
UAE's ADNOC says 'business as usual' in Asia
Abu Dhabi National Oil Company sees no dip in demand from Asian customers as cheap Russian oil flows into the continent on the back of Western sanctions on Moscow, a senior executive said.
GAIL plans $4.9-B ethane cracker in West India
GAIL Ltd, the country's top gas supplier, plans to build a $4.89-B ethane cracker near its LNG import plant in Western India as it seeks to meet an expected surge in demand.
Australia to invest $1.4 B to scale up renewable hydrogen industry
Australia will invest A$2 B to scale up development of its renewable hydrogen industry, the government announced in its annual budget, as it looks to accelerate clean energy projects in the country.
Indian court upholds tribunal ruling favoring Reliance in gas sale case
Delhi High Court has upheld the ruling of an arbitration panel favoring Reliance Industries and its foreign partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd , a court order shows.
Osaka Gas sees profit jump in FY23/24 after Freeport LNG restarts
Japan's Osaka Gas Co predicted that its net profit will double to ¥116 B in the current fiscal year to March 2024 after the restart of exports from the U.S. liquefied natural gas company Freeport LNG.
PetroVietnam Gas gets country's first LNG import-export approval
PetroVietnam Gas said it had received a certificate from local authorities to become the country's first company eligible to import and export LNG.
Asian spot LNG prices hit 23-month low amid weak restocking demand
Asian spot LNG prices hit a 23-month low on mild weather and weak restocking demand in China, Japan and Korea, while Europe enjoys 60% full inventories ahead of summer.
Global gas markets rebalancing and remains tight in 2023
Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.
India's top gas importer sees 'huge jump' in demand as prices ease
India's top gas importer Petronet LNG expects a 'huge jump' in local gas demand for at least six months due to a softening of global prices of liquefied natural gas.
Timor Gap CEO expects Great Sunrise gas project decision by November
The head of East Timor's national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.
Aramco in talks with Sinopec and TotalEnergies for $10-B gas deal
Saudi Arabian oil giant Aramco is in talks with refining giant Sinopec Corp and French oil major TotalEnergies for a gas deal of about $10 B.
Vietnam seeks first LNG cargo to commission import terminal
PetroVietnam Gas has issued a tender seeking to buy Vietnam's first cargo of LNG marking a milestone on the Southeast Asian nation's route to becoming a key importer.
MHI to collaborate with Saipem on CO2 capture technologies
Mitsubishi Heavy Industries, Ltd. has concluded a General License Agreement with Saipem S.p.A. under which MHI will provide Saipem with its proprietary “KM CDR Process” and “Advanced KM CDR Process” technologies for use in CO2 capture plants.
Japan's Tokyo Gas reports record 2022/23 profit on LNG price boost
Tokyo Gas reported its highest ever yearly net profit for the 2022/23 fiscal year amid record LNG prices but warned that next year's profit may drop because of projected lower city gas and electricity sales.
Woodside Energy ties up with Keppel Data Centres for liquid hydrogen supply
Australia's Woodside Energy Ltd signed an agreement with Keppel Corporation for the potential supply of liquid hydrogen to its data centers in Singapore, bolstering the city-state's renewable energy transition efforts.
India's Tata Steel begins hydrogen gas injection trial in blast furnace
Indian steel maker Tata Steel Ltd said it initiated trial for injecting hydrogen gas at its blast furnace in the company's flagship plant, in a move to reduce metallurgical coke usage and cut carbon emissions.
Woodside's stalled Browse LNG project still 'very attractive'
Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse LNG project after the company reported a decline in first-quarter sales revenue relative to the December quarter.
Asia petchem producers plan to switch to LPG after price slump
Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas late in the second quarter as the price gap between the two fuels has widened.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
Mitsubishi Power starts natgas turbine operation in Rayong, Thailand
Mitsubishi Power, a subsidiary of Japanese company Mitsubishi Heavy Industries, has started operations of a natural gas turbine at a gas-fired power plant project in Thailand's Rayong province on March 31.
Why a clean energy transition is so important to G7 chair Japan
Japan needs to import nearly everything from oil to liquefied natural gas, putting a clean energy transition at the core of domestic and foreign policy for this year's chair of the G7 developed nations.
Regas ship arrives for Hong Kong's first LNG import terminal
The world’s largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city’s first liquefied natural gas import terminal.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
