Asia Pacific

Asia Pacific

PTT set to boost LNG imports

PTT plans to massively expand its LNG import capacity and ramp up overseas development again, CEO Tevin Vongvanich told The Nikkei, as the state-run Thai oil company...

Asia Pacific

Malaysia oil rebalances

New research by DNV GL, the technical advisor to the oil and gas industry, has revealed that confidence in growth in the Malaysian oil and gas sector has tumbled since...

Asia Pacific

Pertamina to invest upstream

Indonesia’s state-held energy company, Pertamina, plans to invest $54 billion in upstream production by 2025, looking to increase its oil, gas and geothermal output by...

Asia Pacific

Saudi crude to Japan soars

Saudi Arabia’s crude oil supplies to Japan rose to a 10-year high in 2016, underlining the kingdom’s strong will to defend its share in the ever competitive Asian markets...

Asia Pacific

China crude demand falls

China’s 2016 oil demand grew at the slowest pace in at least three years, Reuters’ calculations based on official data showed, the latest indication that demand from the...

Asia Pacific

Indonesia needs more plants

Fuel demand in Indonesia already reached 1.6 million barrels per day (mbpd). However, oil refining capacity only stands around 1.1 mbpd, implying that 43 per cent of fuel...