AsianOil - Asia Oil & Gas

Bangladesh targets third LNG terminal as gas import disruption fuels power cuts

Bangladesh currently operates two floating storage and regasification units anchored off Moheshkhali in the Bay of Bengal near Cox’s Bazar in the south of the country. These terminals form the backbone of Bangladesh’s LNG import system.

Logistics, energy costs drive 12.6% surge in Malaysia’s construction prices

Economy Minister Akmal Nasrullah Mohd Nasir has warned of mounting pressure on food and building material costs as global supply chain disruptions, fueled by the ongoing energy crisis, begin to permeate the domestic economy

ASEAN, EU meet in Brunei to tackle energy issue

Foreign ministers from ASEAN and the European Union (EU) convenes in Brunei on April 28 for high-stakes emergency talks aimed at navigating the global energy crisis triggered by the ongoing conflict in the Middle East and the closure of the strait

Cambodia tuk-tuk drivers protest Grab fare changes

Cambodian drivers claim that agreed pricing changes remain unimplemented amid the fuel price crisis

Malaysia to slash road tax for diesel vehicles to offset fuel costs

Prime Minister Datuk Seri Anwar Ibrahim announced on April 28 a plan to reduce road tax for diesel-powered vehicles, a strategic move aimed at mitigating the financial impact of rising diesel prices on motorists

Adani Total Gas reports 4% increase in Q4FY26 PAT

Adani Total Gas Limited (NSE: ATGL) reported a 4% year-on-year rise in standalone profit after tax (PAT) for Q4 FY26 at INR1.56bn ($17mn), supported by strong growth in gas volumes and continued infrastructure expansion.

Taiwan says oil, gas stockpiles sufficient despite Middle East tensions

Taiwan’s crude oil and LNG inventories remain stable and comfortably above statutory thresholds, authorities in Taipei say as they seek to reassure markets over the resilience of the nation’s energy supplies.

High oil costs risk $20bn South Korea surplus

Fitch turns negative on Taiwan’s CPC

The outlook revision reflects uncertainty over CPC’s ability to restore interest coverage above 4.0x, amid higher oil prices and limited cost pass-through.

Workers vote to strike at Australia’s Ichthys LNG terminal

Workers have voted to take strike action at Inpex’s Ichthys LNG plant located near Darwin in Australia’s Northern Territory.

Pakistan’s PLL purchases 3 cargoes on spot market

State-run Pakistan LNG Limited has bought three cargoes on the spot market for the first time in over two years.

Japan set to release further oil reserves

COMMENT: Iran was the prequel, China is the target

A growing chorus of analysts from Moscow, Beijing and Washington think tanks argues that the US campaign against Iran was really aimed at China's oil supply chain, making Tehran the prequel to a longer confrontation

Iran claims bypass to US naval blockade using Jask port

Iran is bypassing the US naval blockade by using the Jask port on the Gulf of Oman, sustaining oil exports to China at 985,000 barrels per day with Vortexa data showing 10.7mn barrels of crude transited through the strait between April 13 and 22.

India expands ATF rules to include sustainable aviation fuel blends

India has amended the Aviation Turbine Fuel (Regulation of Marketing) Order, 2001, bringing aviation turbine fuel blended with sustainable aviation fuel (SAF) within the scope of the existing regulatory framework.

Bangladesh PM proposes bipartisan panel to address energy crisis

Bangladesh Prime Minister Tarique Rahman on April 23 proposed the formation of a 10-member parliamentary committee comprising lawmakers from both treasury and opposition benches to work jointly towards resolving the country’s ongoing energy crisis.

India accelerates transport electrification as fuel supply risks mount

The Middle East crisis has shown that energy transition in transport is not just an environmental goal but a national security imperative for India.

Thailand cuts diesel prices but remains ASEAN mid-range

Thailand’s fuel retailers have reduced diesel prices by THB1.20 ($0.03) per litre, effective from April 21, in a move aimed at easing pressure on consumers amid ongoing global energy volatility linked to tensions in the Middle East.

VinFast doubles down on EVs, rejects petrol return

Vietnamese billionaire Pham Nhat Vuong has reaffirmed that VinFast will not return to petrol-powered cars, instead focusing on longer-range electric models

Myanmar central bank boosts dollar supply for oil imports

Vietnam has announced changes in currency trend as fresh injections aim to steady currency pressures and support essential goods.

Cambodia fuel import bill rises sharply in Q1

Rising global oil prices push energy spending higher in early 2026, while Cambodia sees that import trends are increasing.

Russia to supply Indonesia with 150mn barrels of oil at special price as Trump blockade continues

Indonesia has agreed with Russia on the supply of 150mn barrels of Russian oil at a special price, with the deal reached during the Indonesian president's visit to Moscow on April 13 as Jakarta builds strategic storage amid Iran war energy disruption

Malaysia, Philippines clarify 329,000-barrel diesel transaction

Malaysia and the Philippines have reaffirmed the importance of energy security cooperation following a bilateral meeting to clarify a recent 329,000-barrel diesel transaction