Monthly Archives: March 2013
Indonesia Awards 14 New Oil, Gas Blocks
by Dow Jones Newswires|Deden Sudrajat| Thursday, March 21, 2013 JAKARTA – The Indonesian government Thursday awarded 14 new oil and gas blocks to investors as the former member of the Organization of Petroleum Exporting Countries struggles to boost crude … Continue reading
Petronas awards RM6bil LNG job to Japan’s JGC
Friday March 15, 2013 PETALING JAYA: Petroliam Nasional Bhd (Petronas) has awarded a contract worth nearly US$2bil (RM6.2bil) to Japan’s JGC Corp to build a liquefied natural gas (LNG) train in Bintulu, Sarawak. StarBiz reported on Wednesday, citing information from international oil and gas newspaper Upstream, that … Continue reading
ExxonMobil Major Projects to Deliver 1 Million Oil-Equivalent Barrels by 2017; Liquids Production to Rise on Average by Four Percent Per Year
Wednesday, March 6, 2013 9:00 am EST NEW YORK–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) anticipates major project start-ups will deliver 1 million oil-equivalent barrels over the next five years, Rex W. Tillerson, chairman and chief executive officer, said today at the … Continue reading
ConocoPhillips Announces Three Agreements with PetroChina
02-20-2013 HOUSTON – ConocoPhillips (NYSE: COP) today announced that it has entered into a set of agreements with PetroChina Company Ltd. (PetroChina) whereby PetroChina will acquire an interest in two Western Australia exploration assets and establish a Joint Study Agreement … Continue reading
Operators ramp up activity offshore Asia
Bruce Beaubouef Managing Editor Offshore Magazine February 2013, Volume 73, Issue 02 Economic growth in the Asia/Pacific region is driving demand for oil and gas increasingly offshore, and international operators and national oil and gas companies are taking action on … Continue reading
Thai PTT Global Chemical, Pertamina plan $5 bln Indonesia petchem plant
Wed Mar 13, 2013 4:00am EDT * Project includes 1-mln tonne olefins plant, polymer facility * PTTGC aiming to expand abroad, especially in SE Asia (Adds company comments, details) (Reuters) – Indonesia’s state-owned oil and gas firm, Pertamina, has selected … Continue reading
Petronas to pay government RM27b dividend
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is paying some RM27 billion as dividend to the government this year, said its president and chief executive officer Tan Sri Shamsul Azhar Abbas. “We have basically agreed with the government that the 2013 dividend … Continue reading
Petronas to focus on raising local output
Published: 2013/03/07 KAMARUL YUNUS 2013 OUTLOOK: Group expects more production from domestic discoveries PETROLIAM Nasional Bhd (Petronas) will focus on increasing domestic production this year after posting a 45 per cent year-on-year drop in fourth-quarter net profit. The national oil group posted … Continue reading
Shell Looking To Invest In Brunei Deep Water Exploration
THURSDAY, 07 MARCH 2013 08:11 DANIAL NORJIDI IN DOHA, QATAR Seen as future for oil and gas resources in Brunei Bandar Seri Begawan – Shell is eyeing deep water exploration as the future for oil and gas resources in Brunei … Continue reading
Indonesia Extends Pertamina CEO Tenure
by Dow Jones Newswires|Linda Silaen| Tuesday, March 05, 2013 JAKARTA – Indonesia’s government has extended the tenure of Karen Agustiawan, the president director of state energy company Pertamina, to ensure the continuity of business plans currently being implemented, a minister … Continue reading
Asia Pacific Oil & Gas News 