AsianOil - Asia Oil & Gas

Victoria's energy ministry seeks three-year extension of interim LNG storage arrangement

Victoria’s Energy Minister Lily D’Ambrosio has submitted a rule change request to the AEMC, seeking a three-year extension of interim LNG storage arrangements in the declared wholesale gas market.

Cosmo starts up Japan's first large-scale SAF plant

Japanese energy group Cosmo Energy has commenced deliveries from the country’s first large-scale SAF production facility, located at its Sakai refinery.

3D Energi announces arrival of rig ahead of Otway drilling

3D Energi has announced the arrival of the semi-submersible drilling rig Transocean Equinox in the Otway basin, ahead of the start of its exploration drilling programme there.

Turkmenistan invites participants to an environmental dialogue: registration now open for the international scientific and practical conference TESC 2025

Registration is available via the official TESC 2025 website.

Pakistan’s oil and gas reserves rise for first time since 2020

India’s average crude import price falls below $70 for first time since 2021

India’s average crude oil import price has dropped below $70 a barrel for the first time since August 2021, as benchmark Brent crude opened below $65 on April 15

Singapore advances LNG and green methane marine fuel strategy with new industry proposals

Singapore’s Maritime and Port Authority (MPA) has received 14 proposals from 18 companies under its recent call for expressions of interest to expand liquefied natural gas (LNG) bunkering operations

Brazil plans extra offshore auction to boost revenue, Petrobras mulls Indian oil blocks

The Brazilian government is planning an extra auction this year of stakes in offshore oil areas to raise approximately BRL20bn ($3.4bn) in a "worst case" scenario, according to four sources familiar with the matter

Heads of leading international energy organisations to address at TEIF 2025 in Kuala Lumpur

Registration for in-person participation in TEIF 2025 closes on 15 April 2025.

Managing methane emissions in the Trump era: interview

Beyond an earnest desire to minimise the environmental impact of operations, it also pays for investors to take the issue seriously, Clayton Nash, the director of emissions solutions at Colorado-based Tegre, tells Newsbase.

Vietnam rebrands Petrovietnam to reflect expanding national energy role

Vietnam has officially renamed its national oil and gas group as the Vietnam National Industrial and Energy Group (Petrovietnam) in a move that signals an expanded mandate beyond fossil fuels and underscores its strategic role in the country's energy

Taiwan looks to cut US trade deficit with more LNG imports

As with most other US trading partners, Taiwan has been hit with an increase in tariffs by US President Donald Trump. To avoid those tariffs, Taiwan is proposing larger purchases of US LNG.

China increases Iranian oil imports to new high as sanctions threat looms

China’s imports of Iranian crude soared in March to a record high, with buyers stocking up on supplies amid mounting fears that the United States might impose further sanctions on the seaborne trade.

Vietnam revises power plan amid LNG delays, holds off major renewable expansion

Vietnam’s Industry and Trade has submitted proposed adjustments to its national power development plan, warning of delays in liquefied natural gas projects and postponing consideration of a major corporate proposal for expanded renewable energy.

Malaysian Sapura Resources sues former MD over alleged misconduct

Sapura Resources Bhd has launched legal proceedings against its former managing director Datuk Shahriman Shamsuddin, and three others, alleging breaches of fiduciary, statutory, and contractual duties, along with conspiracy to harm the company

Indonesia pushes for early final investment decision on Masela Block project

Indonesia’s upstream oil and gas regulator, SKK Migas, is urging the acceleration of the Final Investment Decision (FID) for the Masela Block development to mid-2026, one year ahead of the previously targeted 2027 timeline

India’s natural gas demand projected to surge nearly 60% by 2030

ndia’s natural gas demand is forecast to surge by nearly 60% by the end of this decade, driven primarily by expanding use of compressed natural gas (CNG) in vehicles and piped natural gas in households and industry

Indonesia to regulate illegal oil wells under Pertamina’s supervision amid investor concerns

Indonesia is taking a controversial step to regulate illegal oil and gas drilling by placing such operations under the supervision of state-owned energy giant PT Pertamina, according to a new policy being drafted by the Ministry of Energy and Mineral

Perdana Petroleum lands multi-year offshore charter deal with Hess Malaysia

Perdana Petroleum Bhd has secured two new contracts for the charter of anchor handling tug and supply vessels, marking another operational win for the offshore supply vessel operator

Pakistan and Turkiye sign deal to jointly bid for offshore oil and gas blocks

Pakistan and Turkiye have signed a joint bidding agreement to take part in the country’s upcoming offshore oil and gas exploration round

Japan’s Inpex begins engineering work on Indonesia’s Abadi LNG project

Japan’s largest oil and gas developer Inpex has commenced the front-end engineering design process for the Abadi LNG project in Indonesia.

Chinese buyers resell US LNG cargoes amid tariff war

Chinese purchasers of LNG are reselling cargoes shipped from US LNG terminals as trade tensions escalate between Washington and Beijing.

Inpex advances search for CCS sites on West Australia's Bonaparte basin

Inpex is advancing its search for potential carbon capture and storage sites in the Bonaparte basin offshore Western Australia, as operator of a joint venture with TotalEnergies and Woodside Energy.

Buru, CEFA team up on small-scale LNG project in West Australia

Buru Energy has signed a strategic development agreement with Clean Energy Fuels Australia to advance the Rafael natural gas project in Western Australia’s Canning Basin.

Australian East Coast could face 9 PJ gas shortfall in Q3

Australia’s East Coast gas market could face a supply shortfall of up to 9 PJ in the third quarter of 2025 if all uncontracted gas is exported.

Asia’s thirst for LNG to drive global demand rise

Global LNG demand is set to soar over the next two decades, sparked by Asia’s growing appetite for the super-chilled fuel.

Australia’s Viva Energy enlists LNG consultant to advance Geelong terminal plans

Australia-based energy infrastructure firm Viva Energy has appointed LNG specialist firm Poten & Partners to assist in securing a floating storage and regasification unit for its proposed LNG import terminal at Geelong in Victoria.

Petronas reveals timeline for offshore Suriname drilling as FLNG development considered

Malaysian state-controlled energy company Petronas has disclosed extra information regarding its proposed three-well programme offshore Suriname, as it considers a potential integrated development using a floating liquefied natural gas solution