AsianOil - Asia Oil & Gas
Dutch firm completes largest rig-to-reef project in Malaysia
The Netherlands’ Marine Masters has concluded offshore decommissioning operations on the South Angsi Alpha platform, marking the largest rig-to-reef conversion ever undertaken in Malaysian waters
Dutch contractors score $1.4bn deal to build Taiwanese gas pipeline
A 50:50 consortium of Dutch maritime contractors Allseas and Boskalis has secured a major offshore contract from CPC Corporation in Taiwan to build the second Yongan-Tongxiao natural gas pipeline (YT2).
Malaysia's Sapura Energy rebrands after years of steep losses
Malaysian oil and gas services provider Sapura Energy has officially changed its name to Vantris Energy, as part of an ongoing corporate turnaround.
Australia's Narrabri coal-seam project faces decisive year
Santos is facing a decisive moment this year amid renewed momentum and controversy over its long-stalled Narrabri coal-seam gas development in northwest New South Wales.
India turns to Middle East for oil, with Iraq leading potential suppliers
India is exploring new oil import avenues to offset potential disruptions in Russian crude flows, with Middle Eastern producers—notably Iraq, Saudi Arabia, and the UAE—emerging as key candidates to fill any supply gaps.
Petronas plans Brazil oil field exit
Malaysia’s Petronas is seeking to sell its 50% interest in Brazil’s Tartaruga Verde oil field, targeting proceeds of up to $1bn.
China pushes back against US tariff threat for buying Russian, Iranian oil
China has rejected calls from the US to cut its purchases of crude oil from Iran and Russia, affirming that energy security remains a matter of national interest and will not be shaped by foreign pressure.
Indian opposition blames government on Trump threats
Under President Donald Trump’s second term his administration has taken a much more hawkish stance that Indian purchases enable Russia to weather sanctions and indirectly fund its war effort
India’s Hindustan Petroleum inks 10-year LNG deal with ADNOC Gas
India’s state-run Hindustan Petroleum has agreed to a 10-year heads of agreement deal with the United Arab Emirates’ ADNOC Gas for the sale and delivery of 500,000 tonnes of LNG.
Inpex begins front-end engineering on Indonesia’s Abadi LNG project
Japan’s Inpex has begun front-end engineering and design work on the Abadi LNG project off the coast of Indonesia.
OPEC+ to raise oil production in September
Eight key OPEC+ countries have announced a production adjustment of 547,000 bpd for September
Japan imports record volume of UAE crude while quietly resuming Russian supply
Japan imported a record volume of crude oil from the United Arab Emirates in June 2025, with the Gulf state supplying over half of Japan’s total oil imports for the month, according to official figures.
China’s ‘Dark Fleet’ working to evade sanctions, import Iranian oil
China is covertly importing large volumes of Iranian oil through a clandestine network of vessels operating in international waters near Malaysia and Singapore, according to a major investigation
Indonesia’s energy sector contributes $25bn annually despite revenues drop
Indonesia’s energy sector generates approximately IDR400 trillion ($25bn) in annual state revenues through a mix of taxes, non-tax revenues, and other contributions, according to the Ministry of Energy and Mineral Resources (ESDM)
China vows to stand firm amid US tariff threats over Iranian oil imports
China is unlikely to back down in the face of fresh US threats to impose punitive tariffs on Chinese exports over continued purchases of Iranian oil, analysts said.
Indonesia surpasses oil output target as community wells join national production count
Indonesia has exceeded its 2025 daily oil production target ahead of schedule, with output surpassing 608,000 barrels per day over the past two weeks, above the government’s goal of 605,000 barrels per day by year-end
India launches first 5G network in refinery sector
India’s state-run telecom firm BSNL is rolling out the country's first 5G captive non-public network in the refining sector
India will continue Russian oil imports despite Trump tariff threats
India will continue purchasing oil from Russia despite threats of penalties from US President Donald Trump, two Indian government sources speaking on condition of anonymity say.
Can India dump Russian oil imports completely if Trump’s secondary sanctions appear?
Since early 2024 India has typically bought 1.5–2.0 mbpd of Russian crude, or about 35–40% of its total imports. US President Donald Trump is threatening crushing 100% tariffs on Russia’s business partners if they continue to import crude.
Indian state refiners halt Russian oil purchases as discounts narrow, Trump ramps up pressure
Indian state-run oil refiners have paused purchases of Russian crude over the past week amid shrinking discounts and renewed warnings from US President Donald Trump against buying energy from Moscow
India’s refiners face pressure as EU sanctions hit $14bn fuel exports
India’s petroleum exports to the European Union—valued at $14–15bn annually—are under threat following the EU’s latest sanctions package targeting Russian crude and its derivatives.
Follow us online