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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)
Pakistan textile mills seek winter waiver on gas levy amid power reliability risks
Pakistan’s textile manufacturing sector has formally sought a temporary waiver on gas levies for captive power generation as it braces for acute winter-related energy disruptions that threaten production schedules and export commitments
Russia and Pakistan explore oil-sector pact
Russia and Pakistan are in talks on a potential agreement in the oil sector, with discussions under way between the energy ministries of both countries on cooperation in exploration, production and refining
Thai officials reject claims of oil exports to Cambodia
Thailand blocks fuel supplies to Laos
Thailand has halted fuel shipments passing through a key border checkpoint with Laos after intelligence suggested the supplies were being diverted to Cambodia.
APPEC warns of growing gas market volatility
Industry leaders attending the Asia Pacific Petroleum Conference (APPEC) in Singapore this week emphasised the growing volatility of gas markets.
Asian LNG spot prices sink to two-year low
Power of Siberia 2 faces uphill struggles
Plans for a second major gas pipeline linking Russia and China remain subject to prolonged negotiations and technical challenges.
TotalEnergies sheds stake in offshore Malaysian gas block
France’s TotalEnergies has agreed to sell part of its interest in a Malaysian offshore gas block to Thailand’s PTTEP.
India’s Russian oil imports: a complex picture of contradictory claims
Indian refiners appear set to take in substantial volumes of Russian crude this December, confounding predictions that new Western sanctions would sharply curtail flows.
Myanmar fuel importers face $257mn repayment order
Myanmar’s military authorities have instructed fuel importers to repay more than MMK540bn (about $257mn) by the end of January, accusing them of manipulating US dollar transactions in a way that has reportedly cost the state billions
Thailand stops fuel passing to Laos over security fears
Thailand has suspended fuel shipments transiting a major border crossing with Laos after intelligence reports indicated that some supplies were being diverted to Cambodian military units, amid escalating clashes between Thailand and Cambodia.
Bangladesh imports 11 LNG cargoes in November
Bangladesh spent $360.99mn to import 11 cargoes of liquefied natural gas in November as part of efforts to secure energy supplies and meet rising domestic demand
Myanmar fuel prices edge down slightly
Fuel oil reference prices in Myanmar edged down slightly for the week ending December 18. Octane 92 was priced at $1.69, Octane 95 at $1.21, diesel at $1.07, and premium diesel at $1.28.
Indonesia ties tariff negotiations with Washington to long-term energy security
Indonesia has moved to underline the central role of energy cooperation in its trade negotiations with the United States, insisting that talks on reciprocal tariffs remain on course and that pledges to import American oil and fuel will be upheld.
Vietnam advances clean energy transition with LNG power
Vietnam on December 14 marked the inauguration and start of commercial operations of the Nhon Trach 3 and 4 thermal power plants in southern Dong Nai province, with Prime Minister Pham Minh Chinh attending the ceremony
India’s Russian oil inflows hold near 1.5mn bpd despite sanctions
India’s crude oil arrivals from Russia averaged about 1.5mn barrels per day in the first ten days of December, with projected flows indicating a possible rise to 1.6mn bpd
US seizure of tanker carrying Venezuelan crude escalates standoff with Maduro
The United States seized an oil tanker off Venezuela in international waters, President Donald Trump told media on December 10, describing the vessel as “a big tanker, a very big one—the biggest ever seized, in fact.”
McDermott wins major subsea EPCIC contract for Brunei gas development
McDermott(MCDIF) has been awarded a significant subsea contract for a natural gas development project offshore Brunei Darussalam, following its earlier completion of front-end engineering design (FEED), optimisation studies and readiness planning
Shell restores fuel supply across key Indonesian regions after import curbs
Shell has restarted petrol sales at its service stations in Indonesia after government-imposed import limits tightened supplies and temporarily emptied its pumps
Huge gas discovery emerges in Myanmar’s M-15 block
A vast natural gas reserve has been identified off the coast of Myanmar, with early estimates suggesting a potential recoverable volume of 94.6 trillion cubic feet (TCF).
Eni strikes LNG supply contract with Thailand's Gulf Development
Eni has agreed a long-term LNG sales contract with Thailand’s Gulf Development, strengthening its position in Asian gas markets and advancing plans to build a diversified global LNG portfolio.
Japan's JERA signs first LNG deal outside domestic market
Japan’s top power producer JERA has signed its first long-term LNG supply agreement outside its domestic market.
Eni reports major offshore gas find in Indonesia's Kutei basin
Italy’s Eni has reported on December 9 a significant offshore gas discovery at the Konta-1 exploration well in the Muara Bakau production sharing contract in Indonesia’s Kutei Basin.
Chevron and partners sign off on Gorgon Phase 3 development
Chevron’s Australian arm announced on December 5 that partners in the Gorgon joint venture have signed off on the A$3bn Gorgon Stage 3 development off the northwest coast of Western Australia.
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