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Audrey Raj reports on the global rig market and its effects on the Asian oil and gas industry. Image from…
Friday, 27 March 2015 07:30

CNOOC achieves positive results

China National Offshore Oil Corp. (CNOCC) achieved various breakthroughs in exploration and the reserve replacement ratio for the year was…
Wednesday, 29 October 2014 15:09

Singapore looks to its gas-fueled future

Global and regional gas players gathered for the Gas Asia Summit on Wednesday, 29 October, as part of the Singapore…
Friday, 24 October 2014 12:41

Russia begins natural gas trading at SPIMEX

The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange gas trading. The starting ceremony was attended by Rosneft head Igor Sechin (photo,…
Malaysian helicopter operator Weststar Aviation Services has hired three banks to manage its US$500 million initial public offering (IPO) slated for…
Thursday, 24 July 2014 13:27

Financing secured for Ophir field

Australia-based Octanex and its joint venture partners have secured financing for the development of Ophir field, offshore Malaysia. A letter…
Saturday, 25 January 2014 10:19

Lukoil, Pemex sign cooperation agreement

Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today, 25 January…
Wednesday, 16 October 2013 18:09

Korea Eximbank signs agreement with Pemex

Petroleos Mexicanos (Pemex) has opened a US$2million line of credit with South Korea's Eximbank. Pemex CEO Emilio Lozoya (shown at left) and…
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