AsianOil - Asia Oil & Gas

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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.

Our editorial team is constantly looking for stories that cannot be found elsewhere amongst our competitors. We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the issues that matter. 

We also include “Country Profiles,” offering multi-dimensional analysis on individual regions, from the broad perspective of political and policy news, to on-the-ground information on projects and production via our network of journalists and contributors.

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Read a recent issue cover to cover (click the image below)

JERA and ENEOS agree to develop 1.74 GW of new gas-fired power generation in Japan

11 November 2026

Japan's largest power generator JERA has agreed to jointly develop and operate two LNG-fired power units with ENEOS Power, a subsidiary of ENEOS Holdings, at the Sodegaura thermal power station in Chiba prefecture, near Tokyo.

POSCO International completes $650mn LNG terminal expansion in South Korea

11 November 2026

South Korea's POSCO International has completed a KRW949.2bn ($650mn) expansion of its Gwangyang LNG terminal, increasing storage capacity by 43% as the company strengthens its integrated gas trading, infrastructure and power generation.

Philippines starts gas production from $893mn Malampaya Phase 4 development

11 November 2026

The Philippines has begun producing gas from two new deepwater wells at the Malampaya field offshore Palawan, adding an estimated 222bn bcf of recoverable reserves.

Indonesia faces widening gas shortages despite cuts to exports to Singapore

11 November 2026

Indonesia faces a growing domestic gas supply deficit as declining production and rising industrial demand threaten to overwhelm efforts to redirect exports towards local consumers.

MISC-led consortium offers $950mn to privatise Malaysia’s Yinson as board weighs proposal

11 November 2026

Malaysian offshore energy infrastructure group Yinson Holdings has received a MYR4.03bn privatisation offer from a consortium comprising Petronas-controlled MISC.

Pakistan seeks emergency LNG supplies and price cuts in Qatar talks

11 November 2026

Pakistan is seeking emergency LNG deliveries from Qatar for the winter heating season while negotiating lower prices and reduced annual volumes under its long-term supply agreements.

China's crude imports rebound to seven-month high but remain sharply below 2025 levels

11 November 2026

China's crude oil imports rebounded to their highest level since March in October as Middle Eastern supplies recovered from disruptions caused by the Iran conflict.

Taiwan halts new PNG LNG purchases as China offers to fill gap left by diplomatic dispute

11 November 2026

Taipei rules out further spot purchases from Papua New Guinea following the closure of its representative office, while Beijing signals willingness to expand imports, raising questions about future LNG trade and investment.

Australia's LNG reservation scheme clears Senate hurdle despite industry warnings

11 November 2026

Parliamentary committee backs plans to reserve up to 20% of LNG exports for domestic consumers, but producers warn that compulsory supply obligations could undermine investment and threaten future production.

Vietsovpetro starts oil production from Vietnam’sBach Ho platform 36 days ahead of schedule

11 November 2026

Vietnamese-Russian joint venture Vietsovpetro has started commercial oil production from its BK-26 wellhead platform at the Bach Ho field offshore Vietnam, 36 days ahead of schedule.

Criterium Energy starts Indonesian gas production under long-term PGN supply agreement

11 November 2026

Canadian independent Criterium Energy has started natural gas production at its Southeast Mengoepeh field in Indonesia's South Sumatra province.

ADES secures $117mn in offshore drilling contracts from India's ONGC

11 November 2026

Saudi offshore drilling contractor ADES Holding has secured contracts worth a combined $117.2mn from India's state-owned Oil and Natural Gas Corporation for two jack-up drilling rigs.

Malaysia’s Velesto secures Petronas drilling contract for Naga 3 rig

11 November 2026

Malaysian offshore drilling contractor Velesto Energy has secured a contract from Petronas Carigali for its Naga 3 jack-up drilling rig, strengthening its order backlog and improving fleet utilisation.

Japan's JOGMEC reports progress in methane hydrate production research

11 November 2026

Japan's state-backed energy resources agency JOGMEC has reported progress in research aimed at commercialising methane hydrate production, following the publication of results from a long-term gas extraction trial in Alaska.

France’s GTT secures LNG carrier tank design order from Samsung Heavy Industries

11 November 2026

The contract, announced on November 4, was awarded to GTT Energy, the group's containment and energy management subsidiary, during the fourth quarter of 2026.

Australian LNG exporters face demand risks as $67.8bn in Asian projects stall

11 November 2026

Australian LNG exporters face growing demand uncertainty after $67.8bn worth of proposed gas-fired power plants and import terminals in emerging Asian markets were cancelled or stalled over the past five years.

JERA, ENEOS to develop 1.74 GW LNG-fired power plant in Japan

11 November 2026

Japan's largest power generator JERA has agreed to jointly develop and operate two LNG-fired power units with ENEOS Power.

Indonesia's Pertamina Hulu Rokan well smashes output target

11 November 2026

Production from Mutiara 00010, a development well in Riau, has started at 2,801.35 barrels a day of oil, close to 20 times the 141 BOPD forecast for it.

Indonesia to expand oil reserves to 60 days

11 November 2026

Indonesia's Energy and Mineral Resources Ministry is preparing new storage facilities for crude oil and refined fuel to extend the country's operational reserves from about 23 days to 60 days.

Indian Oil to buy tankers as freight costs rise

11 November 2026

With disruption near the Strait of Hormuz pushing shipping costs higher, Indian Oil Corporation (NSE: IOC) plans to own its own crude oil and liquefied petroleum gas (LPG) carriers.

Pakistan shifts LPG pricing power to PSO and SSGC

11 November 2026

Pakistan has removed its oil and gas regulator's power to set liquefied petroleum gas (LPG) prices and given the task to state-owned Pakistan State Oil (PSX: PSO) and Sui Southern Gas Company (PSX: SSGC).

China's cheap domestic gas curbs LNG buying, easing Europe's winter squeeze

10 November 2026

Falling domestic gas prices are curbing China's appetite for seaborne LNG and could free cargoes for Europe this winter.

India opens world's first bamboo ethanol plant in Assam

10 November 2026

A facility in Numaligarh, Assam, has started converting bamboo into fuel-grade ethanol, giving India a new second-generation (2G) bioethanol plant.

BP exits Indonesian fuel retail venture in $14.2mn sale to AKR

9 November 2026

UK energy major BP has sold its 49.9% stake in Indonesian fuel retail joint venture PT Aneka Petroindo Raya to local partner AKR Corporindo for $14.22mn, ending its ownership of the BP-AKR petrol station network.

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Edited by

Andrew Kemp

Editor

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