South Asia News

 

Russian Pipeline: Bringing Gas and Building Trust

May 03, 2019

A discussion over energy at the summit last week between Russian President Vladimir Putin and North Korean leader Kim Jong-un has excited the government in South Korea, where the government is desperately looking to entice the North Koreans to come in out of the cold…

Hyundai Heavy Sells Oil Stake to Saudi Aramco

Apr 15, 2019

South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco.According to a press release, Saudi Aramco’s subsidiary,  Aramco Overseas Company B.V (AOC) will purchase a 17% stake in South Korea's Hyundai Oilbank…

Sempra Gets Okay for LNG Export in Mexico

Apr 02, 2019

San Diego utility company Sempra Energy Sempra Energy said that its subsidiary Energía Costa Azul (ECA) LNG received two authorizations from the US Department of Energy (DOE) to export US produced natural gas to Mexico and to re-export LNG to…

BP, Exxon Sign On Alaska LNG Export Project

Mar 11, 2019

Alaska Gasline Development Corp (AGDC) said it signed an agreement with BP PLC and Exxon Mobil Corp to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project.'Our respective organizations share…

Aker Energy Hits Oil Offshore Ghana

Mar 04, 2019

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announced Monday that it encountered oil in the Pecan South-1A well south of the main Pecan field offshore Ghana.Aker Energy said it is in the process of analyzing…

Vitol and KOMIPO Sign LNG Pact

Mar 01, 2019

South Korea's Korea Midland Power (KOMIPO) and Vitol Asia have signed a memorandum of understanding (MOU) on cooperation in various sectors including liquefied natural gas (LNG).Under an existing long-term Supply and Purchase Agreement (SPA)…

APM Terminals Pushes Solar Energy in India

Feb 27, 2019

South Asia's APM Terminals Inland Services, operator of port and integrated inland service networks, is helping set up solar power plants in deep pockets of India.The global terminal network company is providing tailor-made logistics solutions to help overcome transport…

Coal's Uncertain Future and Glencore's Output Cap

Feb 22, 2019

It's been weird in the coal world in recent days, with the world's largest shipper saying it's capping output, biggest seaborne buyer China putting restrictions on some imports, and an Australian court saying mines must factor in climate change…

Repsol Unveils Big Gas Discovery in Indonesia

Feb 22, 2019

Spanish energy giant Repsol has made a substantial natural gas discovery in Indonesia along with its partners, Malaysia's Petronas and Japan's Mitsui Oil Exploration (Moeco).The company described the discovery in South Sumatra as 'the largest…

K2 Management Opens Beijing Office

Jan 11, 2019

Offshore wind and sustainable energy consultancy K2 Management  has opened an office in Beijing to support China’s wind and solar market.Active in Asia since 2010, K2 Management has been working in China on several projects for local and international clients…

LNG Imports into Northeast Asia at Record High

Dec 27, 2018

Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China's continued gasification push, and as the region faces colder-than-usual temperatures this week.LNG imports into China, Japan…

Trafigura Boosts LNG Volumes by 22%

Dec 11, 2018

Geneva based commodity trading company Trafigura increased its liquefied natural gas (LNG) traded volumes by 22% to 9.9 million mt in its financial year ending September 30 2018, driven by sales to China and South Korea, with the Asian share of our LNG business jumping to 30 percent…

Norway's Equinor strikes LPG Deal with Malaysia

Nov 22, 2018

Norwegian oil and gas firm Equinor has entered into a long-term agreement with Malaysia's Global Petro Storage for a terminal and storage for liquified petroleum gas (LPG) volumes in Port Klang, in South-East Asia.According to statement from the petroleum and wind energy company…

China LNG Growth Not Slowing -Woodside

Nov 13, 2018

China's appetite for liquefied natural gas (LNG) has not slowed, but its purchases have been spread more evenly, avoiding last year's sudden spike to meet winter demand, Australia's top independent LNG producer said on Tuesday.LNG demand from North Asia's main hubs in Japan…

Afghan Launches India-Iran Shipping

Nov 12, 2018

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.IRNA reported quoted the Afghan Ministry…

Logistics News

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Turkey Halts All Trade with Israel

Turkey Halts All Trade with Israel

Young Brothers Is First in the US to Use Innovative Mooring System

Young Brothers Is First in the US to Use Innovative Mooring System

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

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