Asia Pacific

Asia Pacific

Indonesia may up fuel imports

Indonesia could increase its fuel imports this year as state energy firm Pertamina plans to cut output at one of its six refineries to reduce costs, The Jakarta Post and...

Asia Pacific

Shunfeng sees profit jump

China’s Shunfeng International Clean Energy expects to double its revenue and profit this year, due largely to an acquisition it made a year ago and the connection of...

Asia Pacific

Tough year for Malaysia

Malaysia’s oil and gas (O&G) sector’s mergers and acquisitions (M&As) this year are expected to fall slightly to $5 billion (RM18 billion) from $5.7 billion last...

Asia Pacific

Gazprom eyes Dung Quat

Russia’s Gazprom Neft, the oil arm of top global gas producer Gazprom, said it planned to purchase 49 per cent of the operator of Vietnam’s Dung Quat refinery, the...

Asia Pacific

Fuel demand to peak

China’s biggest oil refiner is signalling the nation is headed to its peak in diesel and gasoline consumption far sooner than most Western energy companies and analysts...

Asia Pacific

PetroChina gas imports flat

PetroChina plans to import only slightly more natural gas this year than in 2014 due to slower demand growth and higher domestic production, a person with direct...