Energy Asia brings you the latest news, analysis and insights for the energy sector. From oil and gas and geopolitics, to renewables and environmental issues, we cover energy-related news in Asia and beyond.
Monday, January 6, 2025
Oil Crash Leads to US$22 Billion Write Down for Shell
Royal Dutch Shell plans to slash the value of its oil and gas assets by up to US$22 billion after...
Read morePertamina Plans US$133bil Capital Spend
Indonesian state oil company PT Pertamina will allocate US$133 billion on capital expenditure over the next six years, its strategic...
Read moreBP Sells Petrochemical Business to INEOS
US$5 billion deal includes BP’s global aromatics, acetyls and related businesses BP today announced that it has agreed to sell...
Read moreChina Oil Majors Plan Joint Crude Buying
Arrangement will increase bargaining power and avoid bidding wars China’s state-owned oil refining giants are in discussions to form a...
Read moreSaudi Arabia Lost the 2020 Oil Price War
In October 2017, King Salman of Saudi Arabia met Russian President Vladimir Putin in Moscow. This marked the first time...
Read moreMillions in Hin Leong Oil Tied Up in Lawsuits
Millions of barrels of oil stored in tanks and ships in Asia and Europe has become caught in a web...
Read moreOil Prices Tumble Over US Record Crude Stock, Mounting COVID-19 Cases
Oil prices tumbled over 5 percent, or more than US$2 a barrel on Wednesday, after US crude storage hit another...
Read moreShell Plans Overhaul, Pivot to Green Energy
Royal Dutch Shell has plans for a major restructuring by the end of the year, moving towards a low-carbon energy...
Read moreChina Targets Rise in Oil and Natural Gas Output for 2020
China aims to produce 1 percent more crude oil this year than in 2019 and to boost natural gas output...
Read moreNatural Gas Market Reels from Double Whammy
COVID-19 and warm winter hammer global gas demand The combination of the COVID-19 crisis and an exceptionally mild winter in...
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