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Asia Pacific

      ONGC Videsh to explore oil and gas offshore Vietnam

      Asia Pacific
      India-based ONGC Videsh has agreed to participate in the exploration of oil and gas offshore Vietnam.   ONGC Videsh signed a letter of intent...

      Fox Petroleum plans to build FSRU LNG terminal in Karnataka, India

      Asia Pacific
      Fox Petroleum has unveiled its plans to construct a floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal in the state of Karnataka,...

      Downer EDI wins miscellaneous works contract for Gorgon project, Western Australia

      Asia Pacific
      Downer EDI has secured a A$170m ($159m) contract to work on the Gorgon project situated on Barrow Island off the north-west coast of Western...

      Xcite Energy signs MOU with China Oilfield Services for Bentley field, UK North Sea

      Asia Pacific
      Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up drilling rig for the...

      Oil falls to near $78 on Japan recession news

      Asia Pacific
      The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news that Japan is now...

      GE to supply turbomachinery for Petronas’ second floating LNG facility

      Asia Pacific
      GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to Malaysia's Petronas.   The...

      China’s Rush to Green Vehicles Fuels Bubble Concerns

      Asia Pacific
      China's electric vehicle sales surged five-fold in the first 10 months of 2014, powered by Beijing subsidies. In a long-awaited take-off, even unlikely firms...

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