Asia Pacific

Asia Pacific

China shale blocks lose sheen

China is struggling to find attractive shale gas blocks to offer in a third auction of concessions, government sources said, increasing the sense that the country’s...

Asia Pacific

PTTEP reviews spend plans

Thailand’s top oil and gas explorer, PTT Exploration and Production PCL (PTTEP), may hold off on investing in five projects including those in Myanmar, Australia and...

Asia Pacific

China explores new terrain

With production from China’s established oilfields gradually reaching a bottleneck, the government is setting out to explore new terrain, notably in the South China Sea...

Asia Pacific

Vietnam dodges steep oil fall

Falling global oil prices will have a double-edged impact on Vietnam’s economy – simultaneously lowering revenues generated by crude oil exports as well as the costs of...

Asia Pacific

Manila makes new oil find

Philippines’ energy department put out an upbeat note of a new inland oil deposit discovered in Cebu, and raising the country’s prospects as a potential future oil...

Asia Pacific

Pertamina to take over imports

Indonesian state-owned energy firm Pertamina will take over the purchase of crude and oil products from its trading arm Petral this month following recommendations from a...