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AsianOil’s coverage ranges from established oil and gas producers such as Australia, Indonesia, Malaysia, Thailand and Vietnam to the region’s major refining hubs of India, Singapore, South Korea and Japan and countries in between.
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Read a recent issue cover to cover (click the image below)
COMMENT: US control of Venezuelan oil can earn Indian refineries optimal margins
Reliance's Jamnagar refining complex is a 1.4mn barrel per day facility incorporating proprietary cracking and coking capacity, and was architecturally engineered for Venezuelan heavy-sour crude processing
Bangladesh to import 180,000 tonnes of diesel from India
Bangladesh has approved the import of 180,000 tonnes of diesel from India’s state-owned Numaligarh Refinery Limited (NRL) by December this year
Technip Energies wins major contracts for BPCL's refinery projects in India
Technip Energies has secured two large contracts from Indian state-owned Bharat Petroleum Corporation Limited for key refinery and petrochemical projects at BPCL’s Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra
China feels Venezuela shock
The detention of Venezuela’s president Nicolás Maduro by US forces has disrupted China’s oil supply links with Caracas, raising uncertainty over crude flows, debt repayment and refinery costs.
US presses Venezuela to sever ties with China and allies
The administration of US President Donald Trump has informed Venezuela’s interim president, Delcy Rodríguez, that Caracas must end economic relations with China, Russia, Iran and Cuba as part of conditions for restarting oil production and sales.
Venezuelan authorities to turn over 30mn-50mn barrels of sanctioned crude to the US
US President Donald Trump announced on January 6 that Venezuelan authorities will turn over 30mn to 50mn barrels of sanctioned crude to the US, redirecting exports from China to the US.
Global LNG exports jump 4% in 2025
Global LNG exports climbed to 429mn tonnes in 2025, representing a 4% increase from a year earlier.
India's Reliance sees no Russian crude arrivals in January
Reliance Industries said on January 6 that it does not expect any deliveries of Russian crude oil in January, a development that is likely to push India’s imports of Russian oil to their lowest level in years
Cambodia’s first 900-MW LNG power plant to begin operations by late 2026
Cambodia is set to launch its first LNG power plant in Koh Kong province by the end of 2026, a development expected to bolster electricity supply, enhance energy security, and stabilise the national grid.
Oil, gas industry faces "tougher strategic balancing act" in 2026: WoodMac
Wood Mackenzie expects the strategic pressure on companies to intensify in 2026, warning that the industry faces “an even tougher strategic balancing act" in 2026.
Egypt signs two agreements to supply Syria with gas and petroleum products
Egypt has signed two agreements with Syria to supply natural gas for electricity generation and to meet the country’s needs for petroleum products
Trump warns of higher tariffs on India over Russian oil
United States President Donald Trump has warned that Washington could impose additional tariffs on Indian exports if New Delhi does not stop buying Russian oil, adding fresh uncertainty to ongoing efforts to conclude a bilateral trade agreement
Indian shares edge lower as investors weigh global cues
No significant effect could be observed on Indian equities despite a heavyweight oil refiner Reliance Industries (NSE:RELIANCE) listed on them having a lot of exposure to Venezuela’s crude oil trade
Geopolitical volatility triggers OPEC+ retreat to market neutrality
The leading factions of the OPEC+ alliance have opted to maintain current crude production ceilings
Indian Oil Corp turns to Colombian crude as Russia supplies tighten
Indian Oil Corp has purchased its first cargo of Colombian crude under an optional supply agreement with state-controlled producer Ecopetrol, as India’s largest refiner moves to diversify feedstock away from Russian oil
Taiwan announces reduction in domestic fuel costs
Venezuela crisis draws India’s concern after US military action
New Delhi called on all parties to resolve differences through dialogue to preserve peace and stability in the region.
Vietnam plans at least 20 new LNG-fired power plants by mid 2030s
The development of LNG-fired capacity sits within a broader revision of the nation’s Power Development Plan, known as PDP8.
China’s increasing influence over oil prices
China has long been treated as a passive price taker in global oil markets, with conventional wisdom holding that producers, led by OPEC and its allies, set prices by adjusting output.
China takes over 20 sanctioned Russian LNG shipments despite Western curbs
China received 22 shipments of LNG in 2025 from two Russian export projects subject to US and European Union sanctions, highlighting Beijing’s continued engagement with Moscow’s energy sector.
India scales up clean energy push with 132 compressed biogas plants, expands upstream reforms
India has commissioned 132 compressed biogas plants with a combined production capacity of 920 tonnes per day, marking steady progress in building a cleaner and more decentralised renewable energy ecosystem
Myanmar eyes expanded gas production with Chinese support
Talks highlighted opportunities for increased Chinese investment and technical support in Myanmar’s energy sector.
Mongolia’s first oil refinery 50% complete, construction schedule accelerated
The project to build Mongolia its first oil refinery under an intergovernmental agreement with New Delhi is 50% complete.
US exports record 111mn tonnes of LNG in 2026
US shipped nearly 20mn more tonnes of LNG than its closest rival Qatar.
China-Iran trade plunges 24% as sanctions bite and Beijing shifts oil suppliers
China-Iran trade plunges 24% to $9.09bn in first 11 months of 2025 as Beijing shifts to Russian crude whilst banking constraints and US sanctions pressure weaken bilateral commerce despite strategic cooperation claims.

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