AsianOil - Asia Oil & Gas
Chinese energy giants deepen presence in Brazil’s oil sector
Chinese energy companies are expanding their presence in Brazil as they seek to secure crude supplies and gain greater access to the country’s prolific offshore oil resources.
Australia’s Santos raises Papua LNG stake as ExxonMobil takes operatorship
Australian oil major Santos has agreed to acquire an additional 3.3% interest in the Papua LNG project from TotalEnergies for around $189mn, while ExxonMobil is set to take over as project operator.
Indonesia’s TEMAS launches LNG-powered Digul Mas on Indonesian route
Indonesia’s TEMAS Group has put the LNG-powered Digul Mas container ship into commercial service on the Surabaya-Kendari-Gorontalo route.
Jamaat-e-Islami submits six proposals to Pakistan government on petroleum levy
Jamaat-e-Islami (JI) submitted six proposals to the Pakistani government for the abolition of the petroleum levy as the first round of negotiations ended in Islamabad.
Bangladesh plans partial opening of petroleum market to private importers
Bangladesh is preparing to partially open its petroleum market to private companies, allowing them to import, store, distribute and sell refined fuel alongside the state-owned Bangladesh Petroleum Corporation.
Pakistan raises petrol price by PKR12.9 per litre as global oil hits six-week high
Pakistan's federal government increased the price of petrol by PKR12.9 and high-speed diesel by PKR3.72 per litre for September 8.
Kazakhstan plans $327mn capacity expansion of oil pipelines that run to China
Kazakhstan plans to invest an estimated $327mn to expand the capacities of two oil pipelines that run to China, raising their combined capacity to 35mn tonnes a year.
Kyrgyzstan grants temporary visa-free entry to Chinese drivers hauling fuel
Kyrgyzstan's Cabinet of Ministers has adopted a resolution establishing a temporary visa-free regime for the international road transport of oil products across the country's state border.
Afghanistan's Jawzjan gas fields produce 650,000m3 a day as experts warn of environmental risks
Gas from Jawzjan is one of the few domestic energy sources Afghanistan can draw on for power generation and industry, at a time when the country imports most of its electricity from Central Asian neighbours.
Pakistan again seeks LNG cargo after two failed attempts amid high prices
Pakistan has begun a new bidding round for the purchase of an LNG cargo for September after two failed attempts due to Islamabad being spooked by sky-high prices.
US swings sanctions stick at Turkish bank accused of smuggling Chinese oil payments to Iran in gold
American ambassador to Ankara at great pains to describe move as aimed at “one entity”, not at a nation, banking system or ally.
Turkmenistan expands Caspian gas development with Petronas, XRG
Russia says China will take over 60% of its gas exports by 2030
China will account for more than 60% of Russia's total gas exports by 2030, deputy prime minister Alexander Novak said at the Eastern Economic Forum in Vladivostok on September 4.
India’s Kyiv outreach contrasts with lower level Russia forum presence
India continues to import crude oil, as well as other hydrocarbons and commodities from Russia even as the risk of Western and especially US sanctions mount.
Bangladesh's fossil fuel import bill may rise by $2.8bn in 2026
Bangladesh’s fossil fuel import bill could increase by as much as $2.8bn in 2026, putting further pressure on the economy as disruptions to energy supplies expose the country’s heavy dependence on imported fuels
Pakistan rejects LNG cargo at three times the pre-war price as blackouts deepen
Pakistan has scrapped an emergency tender for liquefied natural gas after the only bid came in at nearly three times pre-war prices, leaving its power sector short.
Japan approves JPY616bn in emergency reserve funds for fuel subsidies
Japan's cabinet has approved the use of JPY616bn in emergency reserve funds for the current fiscal year to cap gasoline prices as tensions in the Middle East push up energy costs.
South Korean shipyard signs $1.14bn deal with Taiwan
Hanwha Ocean (042660.KS) has secured a KRW1.55 trillion ($1.14bn) contract from Taiwanese container shipping line Yang Ming Marine Transport to build six liquefied natural gas (LNG) dual-fuel vessels.
Bangladesh to buy four LNG cargoes
Bangladesh has approved the purchase of four additional liquefied natural gas (LNG) cargoes to meet rising domestic demand.
Vietnam’s $2.7bn Thai Binh LNG project picks technical adviser
Vietnam’s Thai Binh LNG project has appointed AFRY as its international technical adviser.
Indonesia’s Pertamina seeks floating rig for East Natuna drilling
Indonesia’s Pertamina East Natuna has opened a tender for a floating drilling rig for exploration work at its East Natuna acreage.
Asian refiners turn to Argentine crude as Iran war disrupts Middle East supply
Asian refiners in Japan, South Korea and China have increased purchases of Argentine Medanito crude in recent weeks as disruptions linked to the Iran war intensify competition for Middle Eastern oil and encourage buyers to diversify supply.
Singaporean energy company Aster launches integrated storage platform
Expanding its energy logistics footprint in Asia's primary oil trading hub, Singapore-based energy producer Aster has announced the launch of Aster Port & Terminals (APT), an integrated storage and marine logistics business
South Korean vessel hit in Hormuz trade route
Two crude carriers transiting outbound through the Strait of Hormuz were struck by unidentified projectiles, including one vessel operated by South Korean shipping firm Sinokor.
Vietnam to build nationwide used cooking oil network for SAF
Vietnam is set to develop its first nationwide used cooking oil (UCO) collection network to support sustainable aviation fuel (SAF) production under a new partnership between Malaysia-based FatHopes Energy (FHE) and PetroVietnam Oil Corporation
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