AsianOil - Asia Oil & Gas
Villa Vie Odyssey cruise ship strands passengers in Cambodia
The US operator of the Villa Vie Odyssey has halted the ship's years-long round-the-world voyage over surging fuel costs, leaving roughly 200 passengers stranded in Cambodia
QatarEnergy extends LNG supply suspension to Pakistan and Bangladesh until year-end
QatarEnergy has extended force majeure on LNG deliveries to customers in Pakistan and Bangladesh until the end of December.
Inpex completes Abadi LNG engineering early as Indonesia pushes for FID
Japan's Inpex has completed front-end engineering design (FEED) for its $21bn Abadi LNG development in eastern Indonesia three months ahead of schedule.
Putin can’t beat Ukraine so he starts another fight - with Japan
A Russia that devotes more than two-fifths of its budget to one war, sells gas to Beijing at a deep discount and treats its leading eastern customer as an enemy is not projecting strength from Etorofu. It is advertising how few friends it has left.
Indonesia's Abadi Masela LNG targets early 2027 FID
Inpex Masela Ltd has finished front-end engineering design (FEED) for Indonesia's Abadi Masela LNG project three months early, and the country's upstream regulator wants a final investment decision (FID).
Myanmar junta disguised jet fuel imports as diesel
Myanmar's military regime labelled aviation fuel as diesel and used proxy firms to hide the buyer of fuel used in airstrikes on civilians.
India turns to cheap Gulf crude as freight costs price out Russian oil
Indian refiners are buying more Persian Gulf crude and less Russian oil as soaring freight costs wipe out the price advantage of long-haul Russian barrels.
Turkmenistan signs Caspian offshore cooperation deal with China;s CNOOC
Turkmenistan has signed a preliminary agreement with China's CNOOC covering potential cooperation in offshore oil and gas development in the Caspian Sea.
US LNG exports swing towards Europe as Asian deliveries fall in August
US LNG exports shifted sharply towards Europe in August, with deliveries to the region climbing by 34% month on month while shipments to Asia fell by 21%, according to new government data.
Pakistan seeks US investment in refineries, LNG supply
Pakistan has invited US financial institutions to invest in its refinery upgrade programme, while signalling interest in expanding cooperation on liquefied natural gas (LNG) supplies.
Sanctioned tanker smuggled Iranian jet fuel into Myanmar
A US-sanctioned tanker delivered Iranian jet fuel to Myanmar in December 2025 using documents that described the cargo as South African diesel.
Riyadh moves its barrels closer to the buyer
Confronted with Houthi drones and Iranian mines in the Gulf, Saudi Aramco is pushing crude into foreign strategic caverns, starting with Singapore in 2027
Singapore warns Indonesia to honour gas export contracts
Singapore's Prime Minister Lawrence Wong has warned Jakarta that cross-border commercial agreements must be respected, after Indonesia moved to review and reduce natural gas exports to the city-state.
India's Jamnagar refinery becomes key to US diesel supply
Washington is turning to India's Jamnagar refinery to process heavy Venezuelan crude and add diesel to global markets as US fuel prices rise ahead of mid-term elections.
India's crude oil import basket hits highest price since 2012
India’s crude oil import basket averaged about $120 a barrel in October so far, its highest monthly level in nearly 15 years.
Sri Lanka rules out new barter deals after Iran tea scheme
Sri Lanka has no plans to enter fresh barter trade deals once its tea-for-oil arrangement with Iran is wound up.
Pakistan secures fuel supplies through November, says finance minister
Pakistan has secured enough crude oil and other energy supplies to cover demand until November, Finance Minister Muhammad Aurangzeb said.
Oil India makes new gas discovery in Krishna-Godavari Basin
India's state-owned Oil India has made a natural gas discovery in the shallow waters of the Krishna-Godavari Basin off the country's eastern coast, recording peak test flows of 200,000 cubic metres per day.
Pakistan’s petrol time bomb
Each week, millions of Pakistanis who ride motorcycles or drive rickshaws send a text message and, once the system has checked their identity card, SIM registration and vehicle, receive a token redeemable at a participating petrol station.
China pays Russia less for gas than it pays Turkmenistan, Carnegie finds
China pays Russia $40-60 per 1,000 cubic metres less for pipeline gas than it pays Turkmenistan, according to an analysis of leaked Russian price data.
Malaysia pushes for bigger role in Turkmen oil and gas as Petronas partnership deepens
Malaysia is seeking to deepen its energy ties with Turkmenistan, targeting higher-value oil and gas services, technology and specialised engineering, according to Economy Minister Akmal Nasrullah Mohd Nasir.
Indonesia boosts gas output with Eni's Jangkrik, Maha projects
Indonesia has brought new gas supply online from two projects run by Italian energy group Eni (BIT: ENI), which together are expected to add roughly 290mn standard cubic feet per day (mmscfd).
Indonesia's upstream oil, gas spending hits $9.9bn
Indonesia attracted $9.9bn, or about IDR179.2tn, in upstream oil and gas investment in the first eight months of 2026.
Singapore registers first ammonia dual-fuel carrier
In a christening ceremony at the Ulsan, South Korea, yard of HD Hyundai Heavy Industries (KRX: 329180), Eastern Pacific Shipping (EPS) named Terra Clove, the first vessel in its fleet able to run on ammonia as a dual fuel.
India shifts back to Gulf crude as Russian discounts shrink
India's imports of Middle Eastern crude climbed to around 2.8mn barrels per day (bpd) in September, the highest level since February, as purchases of Russian oil dropped.
Myanmar to import Russian LNG
The deal gives Russia a fresh outlet for its energy exports as Western sanctions and the war in Ukraine strain its finances.
Philippines LNG power costs could surge 143%, IEEFA warns
Rising fuel and equipment costs, combined with a weakening peso, could push the price of power produced from imported liquefied natural gas (LNG) in the Philippines up by 143% or more.
Beware the bear as Moscow woos Asia with oil and atoms
Asia provides Russia with opportunities to remain economically engaged even if the terms increasingly depend on what Asian partners themselves require.
Malaysia's MHB to contest $14mn subcontractor arbitration claim
Malaysia Marine and Heavy Engineering Holdings (KL:MHB) will contest a MYR57.3mn ($13.6mn) arbitration claim filed by a subcontractor over an offshore oilfield project in Sarawak
Indonesia may halt gas exports to neighbouring countries
Indonesia may stop renewing its gas exports to neighbouring countries, Minister of Energy and Mineral Resources Bahlil Lahadalia said.
South Korea faces cost risk on Alaska LNG project
A liquefied natural gas project in Alaska that Washington wants South Korea to help fund could cost far more than its developer projects.
Follow us online