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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)
Chinese teapot refiners ramp up purchases from West Africa, Canada and South America
Chinese independent refiners are stepping up purchases of crude from West Africa, Canada and South America as supplies from Iran and Russia tighten, helping push spot premiums to multi-month highs.
Japan's MOL names first LNG carrier powered by wind
The 174,000-cubic metre Fujin Sailor was named at Hanwha Ocean’s Geoje shipyard in South Korea on September 10.
Russia ramps up oil shipments to Asia via Northern Sea Route
Two such transfers involving oil shipped through the Russian Arctic took place in the Sea of Japan on September 7.
Myanmar’s Thanlyin refinery targets higher domestic fuel output
Myanmar’s Thanlyin refinery is preparing to start phased production as authorities simultaneously upgrade another major oil-processing facility.
Santos sinks first well in Beetaloo appraisal campaign in Australia
Drilling follows approval in May of the environmental management plan for the appraisal programme by the Northern Territory government.
New Zealand offers state loans to two gas projects in bid to slow output decline
New Zealand's government has approved up to NZ$23.5mn ($13.8mn) in loans for two Todd Energy gas projects in Taranaki, marking the first investments from its NZ$200mn Gas Security Fund as the country seeks to arrest declining domestic supply.
Australia softens rules of domestic gas reservation scheme
Australia's government has softened its proposed domestic gas reservation scheme, replacing a fixed requirement for LNG exporters to supply gas equivalent to 20% of exports to local buyers with an obligation of up to 20%.
Amplitude hits high-quality net gas pay at well in Australia's offshore Otway basin
Australian gas producer Amplitude Energy has intersected 49 metres of interpreted high-quality net gas pay at the Juliet-1 exploration well in the offshore Otway basin, potentially adding new supply to its planned East Coast supply project.
Japan's Osaka Gas completes first ship-to-ship LNG bunkering in Osaka Bay
Japanese utility Osaka Gas (TSE:9532) has completed what it said was the first ship-to-ship (STS) LNG bunkering operation in Osaka Bay, supplying an LNG-fuelled car carrier at the Port of Kobe.
Indonesian oilfield equipment supplier Sunindo Pratama wins local casing contract
Indonesian oilfield equipment supplier Sunindo Pratama has won a $3.19mn contract from Pertamina EP to supply casing for its Regional 1 operations.
Elnusa wins two South Sumatra 3D seismic projects in Indonesia
Indonesian energy services firm Elnusa has secured two 3D seismic survey projects covering around 150 square km in Musi Banyuasin, South Sumatra.
Prima Energy restarts well at Camar oilfield off Indonesia
Indonesia's Prima Energy has restarted the CS-1 well at the Camar oilfield in the Madura Strait off Indonesia, with initial testing yielding around 400 barrels per day after the well had been idle since 2013.
Offshore driller Ventura scores $58mn contract with Petronas for deepwater well off Indonesia
Offshore drilling contractor Ventura Offshore has secured an estimated $58mn contract from Malaysia's Petronas for a one-well ultra-deepwater drilling programme in Indonesia.
Indian gas distributor Torrent eyes IPO
Indian city gas distributor Torrent Gas has filed updated draft papers for an initial public offering in which parent Torrent Investments plans to sell up to 335mn shares.
Gas Malaysia and Petronas to study pipe linking Yan LNG terminal with Malaysia's main gas grid
Malaysian gas distributor Gas Malaysia and Petronas Gas have agreed to study an onshore pipeline connecting the proposed Yan LNG regasification terminal in Kedah with Peninsular Malaysia's main gas transmission network.
Genting sheds 5% stake in Indonesian FLNG project to local partner
Rukun Raharja said in May that the 5% stake was worth $38.6mn.
Tetragon tripes gas estimate for Philippines' Halcon prospect
Australian explorer Tetragon Energy has more than tripled its mid-case estimate of prospective recoverable gas resources at the Halcon exploration prospect in the southern Philippines to 8 trillion cubic feet.
The world is losing its biggest driver of oil demand growth
China is nearing peak oil demand as transport fuel consumption falls and petrochemicals become the main source of remaining growth.
Chinese energy giants deepen presence in Brazil’s oil sector
Chinese energy companies are expanding their presence in Brazil as they seek to secure crude supplies and gain greater access to the country’s prolific offshore oil resources.
Australia’s Santos raises Papua LNG stake as ExxonMobil takes operatorship
Australian oil major Santos has agreed to acquire an additional 3.3% interest in the Papua LNG project from TotalEnergies for around $189mn, while ExxonMobil is set to take over as project operator.
Indonesia’s TEMAS launches LNG-powered Digul Mas on Indonesian route
Indonesia’s TEMAS Group has put the LNG-powered Digul Mas container ship into commercial service on the Surabaya-Kendari-Gorontalo route.
Jamaat-e-Islami submits six proposals to Pakistan government on petroleum levy
Jamaat-e-Islami (JI) submitted six proposals to the Pakistani government for the abolition of the petroleum levy as the first round of negotiations ended in Islamabad.
Bangladesh plans partial opening of petroleum market to private importers
Bangladesh is preparing to partially open its petroleum market to private companies, allowing them to import, store, distribute and sell refined fuel alongside the state-owned Bangladesh Petroleum Corporation.
Pakistan raises petrol price by PKR12.9 per litre as global oil hits six-week high
Pakistan's federal government increased the price of petrol by PKR12.9 and high-speed diesel by PKR3.72 per litre for September 8.
Kazakhstan plans $327mn capacity expansion of oil pipelines that run to China
Kazakhstan plans to invest an estimated $327mn to expand the capacities of two oil pipelines that run to China, raising their combined capacity to 35mn tonnes a year.
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