AsianOil - Asia Oil & Gas
State control rattles Indonesia’s fuel market
Indonesia’s tighter control on private fuel imports has sparked debate over how far the government should go to protect its domestic energy market and ensure national energy sovereignty.
Indian state refiners turn to yuan payments for Russian oil
China fast-tracks oil reserve expansion
State-owned energy firms including Sinopec and CNOOC plan to add at least 169mn barrels of storage capacity across 11 sites in 2025 and 2026.
Esso files environmental plan for Barracouta well work programme
The earliest commencement of the JUR well programme is projected for the fourth quarter of 2025.
Eni extends charter of Ventura offshore rig in Indonesia
This marks the second of four optional wells taken up by Eni under its existing arrangement with Ventura Offshore.
Indian refiners reportedly resume yuan payments for Russian oil
Indian state-run refiners have resumed settling payments for Russian oil in Chinese yuan
Russia’s China pipeline push unlikely to boost gas exports before mid-2030s
Russia’s planned Power of Siberia 2 gas pipeline to China is unlikely to increase gas exports for at least a decade, with key terms still unsettled and a lengthy construction timeline ahead
Indonesia nears rollout of B50 biodiesel as palm oil tests conclude
Indonesia has completed laboratory tests for biodiesel containing 50% palm oil (B50), marking a key milestone toward expanding its renewable fuel mix next year, according to the Ministry of Energy and Mineral Resources
Palm oil stocks poised for rebound as prices surge and ESG pressures ease
Plantation counters that have long trailed palm oil prices could be set for a revival, as tightening supply, resurgent demand from Asia and softening environmental scrutiny attract renewed investor interest
India’s fuel consumption falls to a one-year low in September
India’s fuel consumption fell to a one-year low in September, slipping by 0.5% month-on-month to 18.63mn tonnes
Laos opens new fuel route via Vietnam
Laos has opened a new fuel import route through Vietnam to improve energy security and ensure stable fuel supplies for its northern provinces
Afghanistan grants Uzbek firm Eriell rights to a gas field
Afghanistan has granted Uzbek oil and gas firm Eriell the right to explore and produce hydrocarbons on its territory, marking a new stage in energy cooperation between the two neighbours.
Russia faces one of worst fuel crises in decades
Twenty-one of the country’s 38 large refineries have been attacked since January.
Taiwan faces scrutiny over Russian naphtha imports
Taiwan’s government has responded to recent reporting in the British media that identified the island as the world’s largest importer of Russian naphtha.
New Zealand government to introduce LNG imports in a bid to bolster energy security
The government’s energy package, announced in late September, includes a formal procurement process for an LNG import terminal, set to be the first such facility in New Zealand’s history.
India emerges as key buyer of Iranian crude despite US pressure
India has re-emerged as a significant buyer of Iranian crude oil, joining China in defying renewed American efforts to curb Tehran’s energy exports, according to Iranian officials.
Private fuel companies continue on cancelling Pertamina purchases over ethanol concerns
Several private fuel companies in Indonesia have cancelled their plans to purchase fuel from state-owned energy giant PT Pertamina (Persero) after discovering ethanol content in its fuel products
Russia to remain India's biggest oil supplier
India’s crude oil imports from Russia fell marginally in September but continued to make up more than one-third of the country’s total oil purchases, despite ongoing pressure from the United States to scale back trade with Moscow
Malaysia’s fuel recalibration: balancing fiscal discipline and public relief
In late September 2025, the Malaysian government unveiled a recalibrated approach to its long-running petrol subsidy, lowering the price of RON95 for citizens to $0.47 per litre.
Pakistan pivots away from LNG
Rising LNG prices have led Pakistan to shift away from LNG.
Russia’s Arctic LNG 2 raises production to record high
Russia’s heavily-sanctioned Arctic LNG 2 facility has increased production to record levels.
LNG Canada expected to start second liquefaction train soon
LNG Canada is preparing to begin start-up of its second liquefaction train, a spokesperson for the Shell-led facility.
Shell doubles down on LNG predicting demand to rise by 60% by 2040
CEO predicts LNG’s role as a transition fuel will grow and comprise 20% of global natural gas sales by 2040.
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