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)

Pakistan approves refinery policy amendments to modernise oil sector

30 July 2026

Pakistan's Cabinet Committee on Energy has approved amendments to the Pakistan Oil Refining Policy 2023, paving the way for the modernisation of the country's existing oil refineries as part of a broader strategy to strengthen energy security.

Myanmar secures fuel supplies after four tankers dock

29 July 2026

Fuel deliveries to Myanmar received a boost after four tankers arrived at Thilawa Port, as authorities stepped up efforts to safeguard domestic supplies.

Manila redraws oil supply routes as Iran war exposes energy risks

29 July 2026

Since late February, the Philippines has been forced to rethink its oil procurement strategy after the outbreak of war in Iran on the 28th of the month disrupted shipping routes and exposed the country’s continued dependence on imported crude.

Asia LNG prices climb to four-month peak

29 July 2026

Fresh Houthi attacks on Saudi oil tankers departing Red Sea ports have also helped to extend the conflict to a second major maritime chokepoint, raising fears over global energy supplies.

Australia's Omega starts on biggest drilling campaign to date in Queensland

28 July 2026

The fully funded 2026–27 programme comprises four vertical appraisal wells followed by one or two horizontal wells, depending on initial results and land access.

Beetaloo remains on track to launch Carpentaria gas project in Australia in Q4

28 July 2026

Key plant components have been installed, while structural and mechanical work is advancing.

Central Petroleum kicks off two-well appraisal campaign in Australia's Northern Territory

28 July 2026

Central said the campaign aims to restore Palm Valley’s gas-processing plant to its sales capacity of around 14 TJ per day and deliver at least 10 TJ over the operating lives of the two wells.

West Australia gives special state priority to Woodside's Browse gas project

28 July 2026

The Western Australian government has granted “State Significant Project” status to Woodside Energy’s proposed Browse to North West Shelf development.

Australia plans new oil refinery for first time in over 60 years amid fuel supply crunch

28 July 2026

Australia’s federal and Western Australian governments will fund an early-stage study into constructing the country’s first new large oil refinery in more than 60 years.

Indonesian gas sub-holding company turns Aceh's Arun terminal into LNG re-export hub

28 July 2026

Indonesia’s principal gas sub-holding subsidiary has secured the top global spot for liquefied natural gas (LNG) re-export operations

Bangladesh’s damaged FSRU expected to restart within two weeks

28 July 2026

Bangladesh expects its damaged Floating Storage and Regasification Unit (FSRU) to return to service within 10-15 days, offering relief from a nationwide gas shortage triggered by the suspension of liquefied natural gas (LNG) imports.

Thai AirAsia suspends Bangkok Suvarnabhumi base until October

28 July 2026

Thai AirAsia has temporarily shut down operations at its Bangkok Suvarnabhumi base, suspending flights from the airport as it responds to rising fuel costs and weaker passenger demand.

India's Rajasthan oil refinery not set to launch petchem production until March 2027

27 July 2026

India’s Rajasthan Refinery has begun commercial operations at its new 9mn-tonne-per-year refinery in western India, although the complex’s petrochemical facilities have been delayed until March 2027.

South Korea approves restructuring of petchem assets

27 July 2026

The plan represents the government’s second major petrochemical restructuring approval, following the suspension of 1.1mn tpy of cracking capacity at Daesan earlier this year.

Russia sets new daily record for pipeline gas flow to China

27 July 2026

Russia’s Gazprom set a new daily record for natural gas deliveries to China through the Power of Siberia pipeline on July 25, marking the third all-time high reached on the route since the start of this year.

Canada’s FortisBC granted key approval for Tilbury LNG expansion

27 July 2026

Canadian natural gas utility Fortis BC has received the go ahead from British Columbia’s provincial government to proceed the project following the exemption of the requirement for a Certificate of Public Convenience and Necessity.

QatarEnergy extends force majeure on LNG deliveries to mid-October

27 July 2026

The world’s second-largest exporter, Qatar, has prolonged force majeure through to mid-October on deliveries of LNG cargoes to some of its Asian buyers.

Gas Malaysia projected for 16% earnings surge in FY27

27 July 2026

Peninsular Malaysia’s sole natural gas network operator is positioned for accelerated profit expansion

Cambodia opens LNG power project to global energy firms

27 July 2026

Cambodia is inviting international bidders for a 900-megawatt liquefied natural gas (LNG) power plant, as it broadens its energy partnerships while accelerating the transition to cleaner electricity.

South Korea imports first condensate from Australian Barossa field

27 July 2026

SK Innovation E&S (096770.KS) will import its first ever consignment of condensate from an Australian offshore gas field, the company announced on July 27.

ONGC begins first appraisal well drilling in India’s Mahanadi offshore basin

27 July 2026

State-owned ONGC has commenced drilling its first appraisal well, MN-DWN18-1-HD, in the Mahanadi Offshore Basin, marking the start of a deepwater exploration programme aimed at evaluating one of India's most prospective offshore hydrocarbon regions.

OPEC and the next surplus

26 July 2026

A post-war return of constrained barrels could tip today’s uneasy balance into oversupply, forcing OPEC+ back into a market-share struggle it may no longer control.

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Edited by

Andrew Kemp

Editor

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