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AsianOil’s coverage ranges from established oil and gas producers such as Australia, Indonesia, Malaysia, Thailand and Vietnam to the region’s major refining hubs of India, Singapore, South Korea and Japan and countries in between.
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Read a recent issue cover to cover (click the image below)
Woodside shareholders reject company’s climate plan
Investors in Australia’s largest energy company, Woodside Energy Group, last week rejected the company’s plan to address the climate crisis, arguing that the plan drawn up by the board of directors does not do enough to reduce CO2 emissions.
China threatens to take ‘resolute’ measures against US sanctions on Iran oil trade
China on Monday, April 29, warned of “strong and resolute” countermeasures after the United States introduced new sanctions targeting its oil trade with Iran.
Extension of Madura strait oil and gas contract under review by upstream regulatory task force
The Upstream Oil and Gas Regulatory Task Force is currently awaiting a proposal for the extension of the Madura Strait contract, also known as the Madura Straits PSC, from the operator Husky-CNOOC Madura Limited
Malaysia’s Hibiscus Petroleum expands operations in Tok Bali, Kelantan
Oil and gas exploration and production company Hibiscus Petroleum Bhd, is capitalising on the economic growth in the Tok Bali area of Kelantan, leveraging it as one of its operational hubs
India's rising oil imports from Venezuela signal shifting dynamics
Based on data from the Indian Ministry of Commerce and Industry, India's oil purchases from Venezuela have surged past $400mn in the early months of 2024.
India once more accepting oil from Sovcomflot tankers
India appears to be once more accepting Sovcomflot tankers carrying Russian fuels, after halting shipments earlier this year because of US sanctions on the Russian state-owned shipowner.
Sinopec's bid for Sri Lanka market intensifies amid regional rivalry
Chinese state energy giant Sinopec is intensifying efforts to gain a foothold in Sri Lanka's market, countering rival India's expansion ambitions
Indonesia's Pertagas and PHE forge alliance in gas compressor utilisation
PT Pertamina Gas and PT Pertamina Hulu Energi have embarked on a collaborative endeavour to explore the utilisation of gas compressors to meet PHE’s operational and production requirements
Indonesia's oil and gas sector to boost production
The Upstream Oil and Gas Regulatory Task Force is spearheading two pivotal projects by Medco E&P Natuna Ltd, Forel and Bronang, set to commence onstream production by October this year, marking a milestone in Indonesia's energy landscape
Bangladeshi government to increase LNG spot imports
The government of Bangladesh has opted to increase its intake of LNG with plans to import a total of 23 spot cargoes between January and June.
Middle East flare-up could see Japanese refineries tap strategic reserves
In a report issued on April 20, Japanese oil refiners affirmed their resilience against escalating tensions in the Middle East, stating they anticipate no immediate disruption to crude procurement.
BAFS extends oil pipeline network in push northward
Bangkok Aviation Fuel Services plc (BAFS) is expanding its oil transportation network with the construction of Phase 3 of the Northern Oil Transportation Pipeline Network.
Chevron vows ‘significant investment’ to develop Australian WA assets
US energy giant Chevron and other companies face the possibility of losing their hydrocarbon assets offshore Western Australia if they fail to develop them.
Japan to retain interests in Russia’s Sakhalin projects
Japan’s foreign ministry last week reiterated the country’s intention to retain its interests in Russia’s Sakhalin Island oil and gas projects
Pertamina and Eni SpA forge partnership for international energy projects
Indonesian state energy giant PT Pertamina made strides toward fortifying the nation's energy security by formalising a Memorandum of Understanding with Eni SpA in the Netherlands on April 19
Pertamina EP to handover Aceh oil and gas fields to local administration
The Aceh Oil and Gas Management Agency (BPMA) anticipates a proposal from Pertamina EP concerning the return of specific oil block assets to the Aceh Provincial Administration, marking a significant transition in regional resource management
Asia likely to need more LNG for longer
Japan, South Korea and Taiwan are struggling to meet end-of-decade emissions targets as the pace of renewables development is not fast enough, argues Graeme Bethune, the chairman of Australian consultancy EnergyQuest.
GAIL planning to double the size of Dabhol LNG terminal near Mumbai
India’s state-owned natural gas company GAIL is reportedly intent on augmenting the capacity of its all-important LNG terminal at Dabhol, Maharashtra.
Iran, Pakistan collaborate for energy cooperation
During Iranian President Ebrahim Raeisi's visit to Islamabad, the Iranian Oil Minister affirmed Pakistan's eagerness to expedite the injection of gas into the Iran-Pakistan gas pipeline
TotalEnergies buys remaining stake in Malaysian gas producer
TotalEnergies has struck a deal with Sapura Upstream Assets to buy its 50% interest in Malaysian gas producer SapuraOMV for $530mn
Aramco in talks to acquire stake in another Chinese downstream player
Saudi Aramco is in talks on acquiring a 10% stake in Chinese refiner and petrochemicals producer Hengli Petrochemical, as it looks to expand its downstream operations in the Asian country.
Pakistan hoping Iran gas pipeline becomes operational ASAP
Pakistan is eager to bring onstream a long-stalled pipeline as soon as possible to receive Iranian natural gas, Iran’s Oil Minister Javad Owji said, after holding talks with his Pakistani counterpart in Islamabad.
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