AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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)

India raises commercial LPG prices

1 June 2026

India's largest state-owned refiner, Indian Oil Corporation (NSE: IOC), has increased the price of a 19-kg commercial liquefied petroleum gas (LPG) cylinder by INR42 ($0.44).

Japan’s Mitsui Seeks Larger LNG portfolio Amid Data Centre Boom

1 June 2026

Mitsui is betting on LNG’s profile as a cleaner gas to play a key role in powering data centres.

PV Power and B.Grimm sign $2bn LNG project deal in Vietnam’s Ha Tinh province

1 June 2026

Vietnam’s PV Power and Thailand’s B.Grimm Power have signed a cooperation agreement to develop a $2bn LNG-fired power project in central Vietnam, marking a further expansion of cross-border energy investment in the region.

Russian oil tanker arrives in Japan as Middle East supply concerns grow

31 May 2026

A tanker carrying Russian oil has arrived at Japan's Kiire port as Japanese firms step up purchases on a government request, Russian media reports.

Gulf War III squeezes tourism-dependent economies across Southeast Asia

31 May 2026

War-driven fuel costs and ceasefire uncertainty are squeezing tourism across Southeast Asia, with Thailand's Middle Eastern arrivals down 57% and airlines raising surcharges sharply.

India's depreciating currency a symptom of structural problems for New Delhi

31 May 2026

The Indian rupee lost nearly 11% of its value against the US dollar y/y between May 2025 and May 2026, a slide that makes it the worst performing currency in the world against the greenback.

Harbour Energy closes $215mn on Natuna, Tuna assets sale to Prime Group

29 May 2026

UK independent upstream titan Harbour Energy plc (LON: HBR) has formally completed the divestment of its primary operated oil and gas portfolios in the South Natuna Sea

Malaysian Petronas-Aramco deal sets stage for PChem's Pengerang exit

29 May 2026

A corporate reshuffle at the apex of Malaysia's energy matrix has opened a definitive path for PETRONAS Chemicals Group Bhd(KL: PCHEM) to permanently dump its most financially toxic downstream asset

India says fuel supplies remain stable as Middle East disruptions continue

29 May 2026

India has sufficient petrol and diesel supplies to fully meet domestic demand despite ongoing disruptions in the Middle East, with the government urging states to crack down on fuel diversion, hoarding and misuse.

Petrovietnam prepares response plans amid oil market volatility

28 May 2026

Petrovietnam is strengthening risk management measures as global oil and liquefied natural gas markets face increasing instability driven by geopolitical tensions and supply chain pressures.

US, Thailand reportedly speed up talks on LNG supply

28 May 2026

The US and Thailand are reportedly in talks over new long-term US-produced LNG supplies, which have accelerated in recent weeks.

Malaysian upstream specialist Helms Geomarine completes Shell’s geotechnical investigation

28 May 2026

Malaysian upstream specialist Helms Geomarine Sdn Bhd has wrapped up a critical offshore geotechnical soil investigation campaign for energy supermajor Shell (Sarawak Shell Berhad) in the deepwater blocks off the coast of Sarawak

Canadian High Arctic restarts Rig 103 under renewed Papua New Guinea campaign

28 May 2026

Calgary-headquartered upstream contractor High Arctic Overseas Holdings Corp.(TSXV: HOH) has formally broken a multi-year drilling hiatus in Papua New Guinea

Australia drops draft of 20% LNG reservation rules

28 May 2026

The Australian government has officially released its highly anticipated draft regulations for a blanket 20% domestic gas reservation mandate, initiating a high-stakes industry consultation window

Pakistan plans strategic oil reserves, seeks private storage to bolster energy security

27 May 2026

Pakistan is preparing a broad strategy to strengthen its energy security by developing strategic petroleum reserves and expanding domestic storage capacity for crude oil and refined fuels.

India’s Morbi ceramic cluster hit by supply chain disruptions linked to Middle East conflict

27 May 2026

The Indian ceramic and tiles industry, which maintains a deep trade link with the countries in the Middle East region, has been severely affected by the conflict involving the US, Israel and Iran.

Cambodia pursues UNCLOS solution for maritime energy dispute

26 May 2026

Cambodia hopes international law will help peacefully settle maritime disputes with Thailand while unlocking major regional energy resources, according to Mines and Energy Minister Keo Rottanak.

China continues crude stockpiling despite lower levels of imports

26 May 2026

China again continued to build its crude oil stockpile in April despite imports for the month falling to their lowest level in nearly four years.

Pakistan seeks Gulf backing for oil reserve hub siting

26 May 2026

Pakistan has revealed that it is hoping to persuade Gulf oil producers to establish crude storage reserves at a planned energy hub near Gwadar Port as Islamabad attempts to strengthen domestic energy security following months of disruption.

Pakistan drops fuel prices prior to Eid amid continued oil market volatility

26 May 2026

Pakistan has cut petrol and diesel prices nationwide for a second consecutive week ahead of this week’s Eid Al-Adha holiday period, offering a degree of relief to consumers expected to travel across the country in large numbers.

Australian Union Group Pulls Strike Action at Inpex’s Ichthys Plant

26 May 2026

The Offshore Alliance union group has pulled strike action that had been planned for Inpex’s Ichthys LNG plant on May 27 and 28.

India announces fourth fuel price hike in 11 days

26 May 2026

Escalating tensions in the Middle East have triggered another round of fuel price increases in India, with petrol and diesel rates rising for the fourth time in 11 days.

India eases LPG rules for households switching to piped gas

26 May 2026

The Government of India has amended regulations governing domestic liquefied petroleum gas (LPG) connections, introducing greater flexibility for consumers who switch to piped natural gas (PNG).

India's April LNG imports drop 30%

26 May 2026

India’s liquefied natural gas (LNG) imports in April stood at 1.954bn cubic metres (bcm), registering a sharp 29.6% drop compared with the same month last year.

Vietnam’s PV power prioritises LNG expansion funding

25 May 2026

State-owned energy firm PV Power has no plans to float major subsidiaries or cut its ownership below 51%, choosing instead to protect long-term cash flow as it prepares for a costly new phase of LNG power investments.

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Edited by

Andrew Kemp

Editor

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