AsianOil - Asia Oil & Gas

Vietnam's BSR sets sights on Laos as next export frontier

Vietnamese refinery Bình Sơn Refining and Petrochemical JSC (BSR), a unit of state-energy champion Petrovietnam, has moved to deepen its export reach into the Lao market, signalling a broader regional push.

Trump signals possible India visit amid evolving energy pivot

The US President, Donald Trump, has indicated that he may visit India next year, signalling a potential deepening of ties between Washington and New Delhi and raising questions over energy and geopolitical strategy.

India’s Bharat Petroleum buys Emirati crude following sanctions on Russia

Bharat Petroleum has purchased a cargo of Emirati Upper Zakum crude as it attempts to circumvent sanctions on its usual crude supplier based in Russia, according to Reuters.

Indonesia's Pertamina Energy Terminal boosts coastal livelihoods and environmental literacy

PT Pertamina Energy Terminal (PET) has reaffirmed its commitment to improving the welfare of coastal communities near its operational areas through the distribution of crab and shrimp fishing gear, alongside energy literacy programmes for residents

Pakistan cancels 21 LNG cargoes from Eni to curb gas surplus

Pakistan has reached an agreement with Italy’s Eni(ENI.MI) to cancel 21 liquefied natural gas (LNG) cargoes under a long-term supply deal, as part of efforts to manage a mounting gas surplus in its domestic network

Mongolia's oil production reportedly boosted by 2% since AIM-quoted Petro Matad brought second well online

Mongolia's oil production has moved up by towards 2% since AIM-quoted explorer Petro Matad (LON:MATD) brought a second well online in October, Upstream reported on November 5, citing an update provided by the company.

China plans $470bn splash to ramp up domestic oil and gas production

State-owned producers CNOOC, PetroChina and Sinopec are expected to lead the programme, which targets both offshore and onshore fields.

Woodside secures Williams backing for Louisiana LNG

As part of the agreement, Woodside has sold a 10% stake in Louisiana LNG and an 80% stake in Driftwood Pipeline to Williams for $250mn.

APA starts building pipeline to bring Beetaloo gas to Darwin

Australian energy infrastructure firm APA Group has begun construction of the Sturt Plateau pipeline in the Northern Territory, the first stage of new infrastructure intended to transport gas from the Beetaloo basin to Darwin.

Indonesian Pertamina revives 14-year dormant oil platform, adds 374 bpd

PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ), part of Pertamina’s Java Upstream Subholding, has successfully reactivated a long-dormant offshore platform in Subang Regency, West Java

Thai energy shares rise on OPEC+ production signals

Thai energy stocks moved higher on November 3, supported by cautious optimism after the latest OPEC+ developments on oil production.

Japan faces calls from within for LNG restructuring as utilities assure public that there is little to be worried about

At present, Russia accounts for just under 10% of Japan’s total LNG imports, largely through the Sakhalin-2 project in the Russian Far East. The facility at Prigorodnoye, on the southern tip of Sakhalin, has supplied Japan since 2009.

Indian Oil – Vitol JV to help both maintain competitive edge

Navigating headwinds, OPEC+ pivots to price defence for Q1 2026

In a significant strategic pivot, the OPEC+ consortium is prioritising market stability and price defence over its recent campaign to recapture market share

Iran widens oil discounts to China as US sanctions bite

Iran has widened the discounts on its crude oil sales to China to their largest in more than a year, as tougher US sanctions have complicated transport and delivery.

China’s Hudong-Zhonghua Shipbuilding to deliver record four LNG carriers in October

China’s largest LNG carrier builder Hudong-Zhonghua Shipbuilding has delivered four high-tech LNG carriers in the month of October.

Iraq, China’s CPECC inaugurate 210,000 bpd crude facility at West Qurna 1

Iraq launches a major crude oil development project in the West Qurna 1 field in Basra, in partnership with China Petroleum Engineering & Construction Corporation (CPECC)

Russia’s LNG exports soar by 21% in October

The commencement of cargoes from Arctic LNG 2 has taken Russia’s LNG exports to new levels.

Indian Oil and Vitol form Singapore joint venture to expand global crude and fuel trading

Indian Oil Corporation (IOC), India’s largest state-owned oil and gas company, is forming a joint venture with Swiss energy giant Vitol to bolster its international crude and fuel trading operations

Bangladesh to import 1.42mn tonnes of refined petroleum in H1 2026

Bangladesh plans to import up to 1.42mn tonnes (mt) of refined petroleum products between January and June 2026 through competitive international bidding