AsianOil - Asia Oil & Gas
Russian oil discounts to India keep growing
China raises Iranian oil intake routed via Indonesia
Iran is shipping more crude to China via Indonesia, a tactic used to get around US sanctions aimed at curbing Iranian oil trade.
Indonesia auctions seized Iranian supertanker and cargo for $70mn
Indonesia auctions seized Iranian supertanker Arman 114 and 167,000 tonnes of crude oil cargo for minimum $70mn. The 1997-built vessel was detained in 2023 after oil transfer incident at Batam island port. Winner must remove tanker within 30 days.
US sanctions hurt Russian crude numbers sent to China
US measures targeting Russia’s energy giants and critical Chinese import infrastructure have sharply curtailed Moscow’s crude flows to China, sparking concern across global oil markets as Chinese buyers pull back.
US sanctions hurt Russian crude numbers sent to China
US measures targeting Russia’s energy giants and critical Chinese import infrastructure have sharply curtailed Moscow’s crude flows to China, sparking concern across global oil markets as Chinese buyers pull back.
South Korean firms rush to streamline petrochemical operations
South Korean petrochemical corporations are fast-tracking initiatives to rationalise their naphtha cracking centres (NCCs) before the government’s submission deadline closes at the end of the year.
Singapore’s GasCo on the hunt for Q1 2026 LNG
Singapore’s newly established state gas buyer, GasCo, plans to solicit long-term LNG supply offers in the first quarter of 2026 for delivery beginning in 2028, as part of efforts to close a looming supply gap.
Cambodia spends $2bn on energy imports
Cambodia spent $2.02bn on diesel, petrol, and combustion gas imports during the first ten months of 2025, representing an 11.5% decline compared with the same period last year
Unions threaten strike on Woodside’s Pluto 2 LNG expansion
Labour tensions have flared at Woodside Energy’s high-profile Pluto 2 LNG project in Australia, as a union coalition has applied to the Fair Work Commission for authorisation to strike.
PV DRILLING I set for Vietnam Sư Tử field campaign from March 2026
PetroVietnam Drilling & Well Service Corporation is preparing to redeploy its jack-up rig PV DRILLING I to Vietnam in March 2026, following the completion of its current assignment in Malaysia.
Indonesia set to inaugurate refinery development in Balikpapan, aims for fuel self-sufficiency
President Prabowo Subianto summoned Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia to the State Palace on November 20 to discuss key national energy issues, including preparations for the operation of the largest refinery development
Follow us online