AsianOil - Asia Oil & Gas
India’s oil import reliance tops 88.5% in FY26, may hit new peak
India’s dependence on imported crude oil climbed to more than 88.5% during the first 10 months of FY26, underscoring the likelihood that full-year import reliance could scale a fresh high
India's January LNG imports rise 15%
India’s liquefied natural gas (LNG) imports rose to 2.808bn cubic metres (bcm) in January 2026, marking a 15.3% increase compared with the same month a year earlier
Vietnam accelerates shift to E10 biofuel
Vietnam is preparing to introduce E10 biofuel nationwide from June 1, with fuel suppliers and refiners stepping up efforts to guarantee adequate supply, infrastructure and technical readiness ahead of the transition.
Russia executes triple ship-to-ship LNG transfer in Arctic
Transfers from sanctioned Arctic LNG 2 and the unsanctioned Yamal project work to obscure the source of the LNG.
China stays connected to US LNG sector despite import halt
China has marked a year since it last imported any LNG from the US, a timescale that now demonstrates the deepening all-round trade tensions between the world’s two largest economies.
Thai Oil anticipates strong refining margins in 2026
Thai Oil’s vice president of financial planning has indicated that the firm’s gross refining margins are expected to remain robust throughout 2026.
Malaysia approves additional $42mn for two delayed MMEA offshore patrol vessels
The Malaysian government has sanctioned an extra MYR200mn (approximately $42mn) to finalise the construction of two long-delayed offshore patrol vessels (OPVs) for the Malaysian Maritime Enforcement Agency (MMEA)
Indonesia launches its first ever micro-LNG facility
The success of the initial development at Pasuruan has already prompted further expansion in Indonesia. Galileo Technologies has already signed a new agreement for a second, larger liquefaction plant on the island of Kalimantan.
Germany’s Uniper signs 10-year LNG supply deal with India
Germany’s state-owned energy firm Uniper has inked a 10-year LNG supply deal with Gujarat State Petroleum Corporation.
Japan’s Inpex receives environmental approval for Abadi LNG project in Indonesia
Japan’s largest oil and gas exploration and production company Inpex has been given environmental approval from the Indonesian government for its Abadi LNG project.
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