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Oil & Gas Asia Pacific
EXCLUSIVE UPDATE: HPCL, Rajasthan's $8.8bn refinery achieves FC
HPCL Rajasthan Refinery – a JV between state-owned refiner HPCL and the Rajasthan government – has achieved financial close on its Rs729.37 billion greenfield refinery and petrochemical complex facility in northwestern India
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Oil & Gas Asia Pacific
UOB’s Ang slips into expanded role
Christopher Ang has taken over an expanded role as group head for infrastructure and project finance at UOB
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Oil & Gas Asia Pacific
Petrovietnam Drilling expands in ASEAN
Vietnamese state-owned PetroVietnam's upstream drilling subsidiary PV Drilling is planning to expand its footprints in Southeast Asia with 4 new offices
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Oil & Gas Asia Pacific
AES, PV secures investment for Vietnam LNG
Son My LNG Terminal Project Company – a JV between AES Group and PetroVietnam Gas JSC – has secured investment approval from the Binh Thuan People’s Committee for its $1.33 billion Son My LNG Terminal project in the South-Central region of Vietnam
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Oil & Gas Asia Pacific
PV Gas secures first LNG Cargo in Vietnam
PetroVietnam Gas, a unit of state-owned energy company PetroVietnam, has received its first cargo of liquified natural gas – Maran Gas Achilles vessel at the THI VAI LNG terminal, Vietnam
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Oil & Gas Asia Pacific
REC extends loan for HPCL's refinery project
State-owned Rural Electrification Corporation Limited is providing financial assistance of $582 million to HPCL Rajasthan Refinery Limited for building a greenfield refinery and petrochemical complex in Barmer district, Rajasthan
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Oil & Gas Asia Pacific
Doosan Enerbility secures S.Korea CCP plant contract
Heavy industrial company Doosan Enerbility has secured a KRW 280 billion contract with Korea Midland Power to supply equipment for the Boryeong New Combined Cycle Power Plant in South Chungcheong, South Korea
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Oil & Gas Asia Pacific
SBI raises $932m loan from JBIC
India's largest commercial bank State Bank of India has signed a ¥13.5 billion loan with the Japan Bank for International Cooperation to fund the development and operation of a city gas supply network
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Oil & Gas Asia Pacific
CNOOC invites international bids for offshore blocks
China National Offshore Oil Corporation has issued a tender inviting foreign companies to bid for 8 offshore blocks in China
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Oil & Gas Asia Pacific
Shell's Masela block stake sale likely soon
Respective state energy firms from Indonesia and Malaysia – Pertamina and Petronas – are likely to take over Shell's 35% participating interest in Indonesia's Masela gas project
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Oil & Gas Asia Pacific
Yinson to acquire Dutch FPSO
Yinson Bouvardia, an indirect wholly owned subsidiary of Malaysia based Yinson holdings is looking to acquire full equity stake in Atlanta Floating Production System from Atlanta field for $434.7 million
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Oil & Gas Asia Pacific
Kogas raises $500m from 5-year bonds
Korea Gas Corp has raised $500 million from a 5-year bond 144A/Reg S offering, attracting orders over $3.4 billion
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Oil & Gas Asia Pacific
Vietnam upstream project hits a roadblock
The consortium of a conventional gas development in Vietnam, which will supply gas to 2 proposed gas-fired, is in limbo due to ownership changes of power plants and unresolved offtaking risks
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Oil & Gas Asia Pacific
T&T, KOGAS partner for Vietnam LNG, hydrogen
T&T Group has partnered with Korea Gas Corporation to develop LNG and hydrogen projects in Vietnam
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Oil & Gas Asia Pacific
Korea Expressway prints $300m Formosa
Korea Expressway has priced a $300 million 5-year floating sustainability Formosa bond offering while peer Korea Gas Corp is marketing 5-year notes
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Oil & Gas Asia Pacific
Korea Expressway drives into Formosa market
Korea Expressway is marketing 5-year floating US dollar-denominated sustainability Formosa bonds to be priced later today while peer Korea Gas Corp is meeting investors for a 3-or 5-year offering
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Oil & Gas Asia Pacific
AIIB, IBRD to set up $1bn guarantee facility
The Asian Infrastructure Investment Bank plans to offer guarantees worth $1 billion against sovereign-backed loans made by the International Bank for Reconstruction and Development
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Oil & Gas Asia Pacific
VinaCapital, GS Energy taps ECA for Vietnam plant
Vietnamese investment company VinaCapital Group and South Korea-based GS Energy have begun arranging financings by tapping an ECA for a greenfield 3GW LNG-to-power project in southern Vietnam
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Oil & Gas Asia Pacific
Vietnam oil refinery avoids closure
Idemitsu Kosan – a major investor in Vietnam's Nghi Son Refinery and Petrochemical plant – has taken steps to make an operating profit for the refinery in a bid to avoiding its closure, according to media reports