Japan, Singapore lockdowns to stifle Asian gas, power demand further
Lockdowns in Japan and Singapore, two of Asia’s most developed economies, could cut electricity and natural gas demand further at a time when energy consumption is already collapsing across economies as stay-at-home restrictions of varying degrees are enforced.
Thailand aims to become regional LNG hub despite Covid-19 crisis
The escalating Covid-19 outbreak will not disrupt Thailand’s aim to become a regional hub for liquefied natural gas (LNG), Energy Minister Sontirat Songtijirawong said recently.
Indonesia’s Pertamina Q1 crude output slightly below target
“Amid work and personnel adjustment due to the COVID-19 pandemic, Pertamina is still trying to maintain oil and gas production according to targets,” the company said in the statement
Gasoline, diesel, kerosene rollback set Tuesday
Pump prices of petroleum products will be rolled back anew starting Tuesday, marking the fifth consecutive week of price cuts.
Vietnam’s Dung Quat oil refinery cuts output on virus-hit demand
Vietnam’s Dung Quat oil refinery plans to cut output because of weaker domestic fuel demand caused by the coronavirus oubreak, the facility’s operator said on Friday.
Singapore’s Pavilion Energy seeks industry standard for green LNG
Singapore’s Pavilion Energy is asking potential liquefied natural gas (LNG) suppliers to help develop an industry standard for the superchilled fuel’s total greenhouse gas emissions, as it looks for new gas deliveries from 2023.
Mindoro-Cuyo basin bid suspended
The Department of Energy (DOE) has postponed the opening of bidding applications to explore petroleum reserves in the Mindoro-Cuyo basin.
Thailand’s PTTEP could delay some projects due to oil price collapse
Thai energy company PTT Exploration and Production Pcl could miss its sales target due to the oil price collapse and coronavirus outbreak, and is considering delaying some projects, it said on Thursday.
