Oilex completes first Cambay well workover
Australian explorer Oilex has completed the first well in its workover programme at the Cambay field in India and has begun work on the second well in the programme.
Asia
Roxi spuds new Kazakh deep well
Roxi Petroleum, the Kazakhstan-focused independent, has spudded a new deep well at its flagship BNG asset in the Asian country.
BP signs multibillion dollar LNG deal with China
BP has signed a multibillion dollar deal to supply liquefied natural gas to China Huadian Corporation over two decades.
Penspen awarded $4.3million Bangladesh pipeline contract
Engineering services firm Penspen has been awarded a contract worth $4.3million from Gas Transmission Company Limited (GTCL), under the Ministry of Power, Energy and Mineral Resources of Bangladesh.
Oilex begins work-over campaign in India
Australian independent Oilex has commenced a work-over campaign at its Cambay project in India.
OPEC set to re-admit Indonesia to the club
Indonesia has been told by OPEC that it plans to accept the country's request to reactivate its membership at its next meeting in December.
China heads for record crude buying year as cargoes snapped up
As China closes in on the United States as the world's biggest crude oil importer, demand from private refiners and stockpiling of cheap oil is expected to keep imports at record levels after a wobble in the third quarter.
Primeline agrees extended exploration with CNOOC
Primeline Energy has agreed with China National Offshore Oil Corp to extend the exploration period under the Petroleum Contract for Block 33/07 to facilitate Primeline's exploration drilling programme.
OMV makes new gas discovery in Pakistan
Austria's OMV has made a new gas discovery in the Latif South-1 exploration well in Pakistan.
China’s supertanker traffic jam propels global shipping rates
Supertankers hauling crude to China are contending with increased waiting times to unload as some on-land storage depots reach capacity amid an oil-buying binge by the world’s most populous nation.
Updated: Former Chinese state oil boss jailed for 16 years for corruption
Two senior Chinese officials - one who led the country’s biggest oil company and the other a deputy party chief in populous Sichuan province - have been convicted of corruption and sentenced to 16 and 13 years in prison respectively.
Tethys Petroleum calls on investment group to correct “inaccurate statements”
Tethys Petroleum has called on investment group Olisol to publically correct what it calls inaccurate statements over its licence in Tajikistan.
China triples proven reserves at top shale gas project
China has nearly tripled the size of proven reserves at its Fuling project, by far the country's largest shale gas find, according to an official from investor Sinopec Corp and an industry report.
Aqualis Offshore opens in Kuala Lumpur
Offshore marine and engineering consultancy Aqualis Offshore has opened an office in Kuala Lumpur, Malaysia, as part of ongoing international expansion.
Greka Drilling adds boardroom experience
Asian unconventionals specialist Greka Drilling Limited has appointed Sean Mulhearn and Richard Day as non-executive directors.
Tethys receives second investment offer
Tethys Petroleum said it had acknowledged an offer by Olisol Investment Group earlier this month. The bid comes as the company continues ongoing negotiations with Nostrum Oil & Gas on the terms of a proposed offer. Earlier this month, Olisol had come forward to offer the company $8million by way of share subscriptions at $0.16 per common share.
Russia’s big hitters at Gastech to drive sales in south east Asia
Gazprom’s Alexander Medvedev, will seek to promote the competitive value of Russian gas to the key emerging energy markets of south east Asia, when he speaks at the Gastech conference in Singapore later this month.
Aker Solutions to deliver subsea system for Rotan in Malaysia
Aker Solutions has been awarded a contract from Murphy to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia.
Tethys Petroleum replaces CFO, closes offices
Tethys Petroleum has parted company with chief financial officer Denise Lay, who has been made redundant following her decision not to relocate from the Caspian-focused firm's former head office in Guernsey.
Roxi sells gas plant for substantial profit
Central Asian-focused UK independent Roxi Petroleum has posted a first half pretax profit of $18.7m in 2015 thanks to the sale of the Galaz gas plant in Kazakhstan.
Great Eastern Energy promotes Modi to top job
Indian integrated gas production company Great Eastern Energy has appointed Prashant Modi as managing director & chief executive.
Greka Drilling records first half loss but says activity is picking up
Shale gas focused Greka Drilling has reported a pretax loss in the first half of 2015, but said its key markets in China and India were planning new drilling campaigns in the near future.
Lukoil produces 30 billion cubic metres of gas in Uzbekistan
Russia's Lukoil has revealed it has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan.
Sinopec executive ousted from China’s Communist Party amid bribe claims
Chinese authorities outlined corruption allegations against a senior Sinopec executive as they expelled him from the ruling Communist Party and handed his case to prosecutors.
Aibel nets FPSO contract with Woodside
Australian company Woodside Energy has awarded Norwegian engineering services firm Aibel a FEED contract for the subsea tie back to the Ngujima-Yin FPSO.