Latest News Asia
Asia remains an area of strong growth for the Oil and Gas industry, and the emerging economies within the region such as India and China, continue to invest significantly into its development. InDepth Oil and Gas strives to remain at the forefront of news and developments within the Asian markets to deliver information and intelligence on the companies, organisations and individuals who are bringing Oil and Gas to the fore.
Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook. Shell expects demand to reach about 384 million tonnes in 2020.
Oil refining pump sales increasing in multiphase or tri-phase pumping application, new refinery investments spur growth
The global demand for oil refining pumps is expected to surpass 3 million tons by 2019 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The demand for centrifugal pumps is constantly rising
R. Abdullayev: “By the end of the year, foreign oil and gas companies staff in Azerbaijan will be 90% nationalized” A meeting dedicated to the 5th anniversary of the Staff Nationalization Program in the oil and gas industry of Azerbaijan took place on December 5, 2018. Rovnag Abdullayev, President of
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Seung-Il Cheong, President and Chief Executive Officer of KOGAS, took place today at the 4th Eastern Economic Forum in Vladivostok. Alexey Miller Enlarged photo (JPG, 1 MB) The parties discussed the state of and the prospects for wider cooperation between the companies. Special attention was paid
Company is evaluating a multibillion-dollar investment in Guangdong Province Project would help meet expected chemical demand growth in China Part of company’s plans to grow manufacturing capacity in the U.S. and Asia Pacific ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial People’s Government to
Texo Group is pleased to announce the acquisition of Aberdeen-based, Orca Subsea to form Texo Marine. The engineering and technology group, which announced its launch last month is rolling out an ambitious and transformative strategy to meet the immediate and long-term strategic value-add needs of their clients. Texo Marine will