Industry Developments

Austria's OMV has obtained two new exploration blocks in south-western Pakistan, bringing its total number of licences in the country to eight.

China National Petroleum Corporation (CNPC) has announced that its subsidiary PetroChina has completed the upgrade of the Dalian refinery in China's northern province of Liaoning.... 2008-08-08

Australian coal bed methane (CBM) producer Origin Energy has issued a call for partners to help it drill an exploration well offshore New Zealand's South Island.

Japanese explorer Inpex and French major Total have announced a gas and condensate find in the Browse Basin offshore western Australia.

Canadian independent InterOil has announced that its Elk-4 appraisal well in Papua New Guinea (PNG) logged natural gas flows of 1.8mn cubic metres of gas per day (Mcm/d), equivalent... 2008-08-07

The Association of the South East Asian Nations (ASEAN) +3 is looking to agree an action plan on energy co-operation, which is to be implemented from January 1, 2010 to December 31,... 2008-08-07

The Phuong Dong oil field in Vietnam is due to come onstream later in August 2008 and will produce between 2,000 and 3,000 barrels per day (b/d), according to a statement by PetroVietnam... 2008-08-06

The potential of gas hydrates to meet energy demand in Asia's most import dependent countries has reignited long smouldering tensions between South Korea and Japan over a group of... 2008-08-05

Indonesia's upstream regulatory agency BP Migas has warned that the country's declining oil reserves could run out in a decade's time unless new reserves are identified. The country,... 2008-08-04

Oil majors Royal Dutch Shell and BP have reportedly approached Australian company Origin Energy about a potential acquisition of its coal bed methane (CBM) assets.