AsianOil - Asia Oil & Gas

West Australian govt accused of doctoring report on LNG environmental impact

Western Australia’s government has come under fire after climate analysts and opposition politicians accused it of editing a taxpayer-funded report to downplay the environmental risks of the state’s natural gas exports.

Malaysia issues first offshore CCS assessment permit

Malaysia has taken a major step toward developing a domestic carbon capture and storage industry, granting its first offshore assessment permit to Petronas CCS Ventures.

Iraq boosts oil exports to India as Saudi supplies to China decline

Iraq is set to increase its crude oil exports to India next December, as Asian oil markets undergo a reshuffle amid declining Saudi supplies to China for the second straight month

Malaysia’s exports to CPTPP and RCEP members climb amid global trade uncertainty

Malaysia’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) increased between January and September 2025

Indonesia Pertamina to merge three subsidiaries by 2026

Pertamina, Indonesia’s largest oil and gas enterprise and the country’s key guardian of national fuel supply and distribution, plans to merge three of its subsidiaries by January 1, 2026.

India continues Russian oil imports despite US claims, says Russia's Deputy Foreign Minister Rudenko

India continues to import oil from Russia despite recent remarks from US President Donald Trump suggesting otherwise

Pakistan's top refiner plans more US crude imports

Pakistan’s largest oil refiner, Cnergyico PK Limited, is considering additional imports of crude oil from the United States after receiving its second shipment of West Texas Intermediate (WTI) crude

Pakistan awards 23 offshore exploration blocks in a first licensing round in almost 20 years

Pakistan has awarded 23 offshore oil and gas exploration blocks in its first bidding round for nearly twenty years, marking a renewed effort to tap the country’s largely unexplored offshore energy potential.

South Korea’s gamble in the Sea of Japan faces financing questions

South Korea’s ambitions to secure domestic energy supplies through the Blue Whale deepwater exploration project in the Ulleung Basin have hit a critical funding impasse.

Japan to raise fuel subsidies ahead of tax cuts

Japan is poised to bolster fuel subsidies for households from next week as part of a phased plan to abolish its long-standing gasoline and diesel taxes, in a bid to soften the blow of high energy costs on consumers.

Japan commits to monthly LNG purchases to safeguard against supply shocks

Japan will take added measures to ensure the country is insulated from LNG supply shocks.

Petronas ramps up Canadian LNG imports signing deal with Cedar LNG

Malaysia’s state-run firm is becoming a bigger player in the fledgling Canadian LNG market.

Petronas signs 20-year deal with Pembina pipeline to boost Canadian LNG exports

Petroliam Nasional Bhd (Petronas) has signed a 20-year agreement with Canada’s Pembina Pipeline Corp, expanding its natural gas export capacity from Canada through the Cedar LNG project, the Malaysian state-owned oil company said in a statement

Bangladesh imports nine LNG cargoes in October to meet rising energy demand

Mitsubishi takes minority stake in Indian biogas player KIS Group’s Indonesia arm

Japan’s Mitsubishi Corporation(8058.T) has acquired a minority stake in India-based KIS Group’s Indonesia operations, marking its first move into the global biogas sector