AsianOil - Asia Oil & Gas

Pakistan, Bangladesh cope with severe heat and fuel shortages

Vietnam’s Sovico partners with JERA for LNG supply opportunities

Indian refiners eye Brazilian crude, but few large-scale term supply deals are likely

Indian refiners are considering buying more Brazilian crude, but few large-scale term supply deals are likely.

CNOOC lead China’s rush of orders for LNG tankers

Japan’s NYK has ordered six new 170,000 cubic metre gas carriers from CSSC Hudong-Zhonghua Shipbuilding for charter to CNOOC, as China continues to raise its LNG export capabilities.

India reportedly angling for steep discount on Russian oil

India is reportedly putting pressure on Russia to lower the price of its crude oil to make up for the extra challenges that buyers have encountered in the wake of the invasion of Ukraine in late February.

AsianOil: Indian refiners reportedly negotiating oil import deal with Russia

Indian refiners are reportedly in talks over a six-month deal to import oil from Russia, while separate reports suggest the two sides are exploring alternative payment mechanisms.

India seen increasingly pivoting to Russia

India appears to be increasingly turning to Russia to procure oil, even as other countries step up sanctions against Moscow.

Sinopec sees growth in oil demand for China by end of year

OPEC+ unlikely to alter its course