Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry Developments

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Vietnam

State-owned Vietnam National Petroleum Corporation (Petrolimex) has announced plans to build an oil refinery in the country's central Khan Hoa province.

2008-07-23

United Kingdom

UK-based Rift Oil's Puk Puk-1 well in Papua New Guinea's (PNG) Foreland Basin has struck 48.5 metres (m) of net gas pay.

2008-07-22

China

China has told US major ExxonMobil to withdraw from an exploration deal with Vietnam in the South China Sea, claiming that the blocks under contract are in Chinese waters and therefore... 2008-07-22


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Australia

London-based liquefaction player Flex LNG is planning to send one of its four pre-ordered floating liquefied natural gas (LNG) units to Australia for use in onshore coal bed methane... 2008-07-21


Australia

US-based independent Hess has made a second gas discovery on licence WA-390-P on Australia's North West Shelf (NWS).

2008-07-21

New Zealand

US major ExxonMobil has begun discussions with potential buyers for liquefied natural gas (LNG) from its planned US$11bn project in Papua New Guinea (PNG).

2008-07-18

Indonesia

British major BP's flagship Tangguh liquefied natural gas (LNG) project in Indonesia is 93% complete and scheduled for completion by year-end, according to a statement by Indonesian... 2008-07-17


Australia

Australian independent oil and gas explorer Nexus Energy has announced that it intends to spend AUD1bn (US$975mn) on exploration over the next three years.

2008-07-17