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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)
African fuel importers face tighter Asian supply as China halts October exports, Brent tops $100
African fuel importers face tighter supply after Chinese refiners suspended oil product exports for October and Brent crude rose back above $100 a barrel
Gas Malaysia eyes 2026 decision on Kedah LNG terminal
Gas Malaysia Bhd (KL:GASMSIA) plans to take a final investment decision on its first regasification terminal in the second half of next year, with start-up targeted for the end of 2030.
Indonesia's energy minister gains downstreaming coordinator role
President Prabowo Subianto has handed Energy and Mineral Resources Minister Bahlil Lahadalia a second post as coordinating minister for downstreaming and energy transition
Vietnam extends petroleum tax exemptions through December
Vietnam will keep several fuel-related taxes at zero through December as it moves to support energy security and contain domestic prices.
Amplitude Energy takes FID on Australian East Coast gas project
Australia’s Amplitude Energy has taken an FID on its East Coast Supply Project in Victoria’s offshore Otway Basin, targeting first gas in 2028 and gross production of up to 90 TJ per day.
Key Thailand-Malaysia gas pipeline shut after inspection identifies fault
Trans Thai-Malaysia Ltd., a 50:50 joint venture between Thailand’s PTT and Malaysia’s Petronas, has temporarily shut the Songkhla export pipeline after identifying an unspecified problem during a routine inspection.
Brazilian oil firm’s Petrobras P-80 FPSO leaves Singapore for Búzios field
Brazilian oil giant Petrobras said on September 30 its P-80 FPSO left Singapore that day for Brazil’s giant Búzios pre-salt oilfield, where it is scheduled to start production in 2027.
Japan’s INPEX takes 50% stakes in BP’s Agung exploration blocks off Indonesia
Japan’s INPEX has acquired 50% interests in the Agung I and Agung II exploration blocks offshore eastern Java from BP, expanding its exploration position in one of Indonesia’s prospective gas regions.
Petronas shuts Songkhla pipeline, warns of gas supply disruptions
Malaysian state energy company Petronas has temporarily shut down the Songkhla export pipeline after detecting a problem during a routine inspection.
Indonesia undecided on extending industrial LNG discount into 2027
Indonesia's Ministry of Energy and Mineral Resources has not begun discussing whether to extend the discounted liquefied natural gas price offered to industrial users beyond the end of this year.
Pharos Energy's revenue surges 30% on Vietnam growth
Pharos Energy (PHAR) has reported a sharp rise in first-half revenue, helped by stronger oil prices and higher sales volumes from Vietnam,
Mitsubishi invests JPY500bn to expand LNG Canada project
Mitsubishi Corp will invest about JPY500bn to expand production capacity at the LNG Canada project in western Canada.
Indian Oil revives Haldia petrochemical expansion as land hurdle eases
Indian Oil Corp.is reviving plans for a downstream chemicals project alongside its Haldia refinery in eastern India, after the West Bengal government offered to help resolve a long-standing shortage of land for expansion.
South Korea investment package turns towards Alaska LNG
South Korea’s large US investment package is increasingly being directed towards Alaska LNG, potentially giving the long-delayed project a major new source of financing despite lingering questions over its commercial viability.
Qatar extends LNG force majeure as Asian buyers scramble for replacement supply
QatarEnergy has extended LNG force majeure for key Asian buyers into November, forcing Pakistan, Bangladesh and India to seek costly replacement supply as damage to Qatari capacity compounds Hormuz disruption.
PTTEP sanctions Bussabong gas development off Thailand
Thailand’s state oil and gas producer PTT Exploration and Production and Valeura Energy have taken a final investment decision on the first phase of the Bussabong gas development in the Gulf of Thailand, targeting first production by end of 2028.
Timor-Leste weighs second LNG project using Bayu-Undan, Chuditch gas
Timor-Leste is considering a second LNG project on its southern coast that could combine remaining gas from the depleted Bayu-Undan field with resources from the undeveloped Chuditch discovery.
Samsung Heavy nears completion of Petronas ZLNG unit
Samsung Heavy Industries is nearing completion of Petronas’ third floating LNG facility, which will be deployed off Sabah in Malaysia.
Malaysia’s Petronas, Thailand’s PTTEP award $440mn Malaysian offshore oil work to Vantris Energy
Malaysia’s Petronas, Thailand’s PTTEP award $440mn Malaysian offshore oil work to Vantris Energy
Malaysia’s Petronas advances Megah, Limbayong deepwater projects off Sabah
Malaysia’s Petronas has completed a geohazard survey covering the Megah and Limbayong ultra-deepwater fields offshore Sabah, supporting engineering and development planning for the two projects.
Petrovietnam Gas returns to LNG spot market
Petrovietnam Gas has returned to the spot LNG market seeking another cargo for its Thi Vai import terminal, as Vietnam combines short-term purchases with a growing portfolio of longer-term supply contracts.
South Korea's Hanwha Ocean wins $500mn order for two LNG carriers
South Korea’s Hanwha Ocean has secured a KRW680bn order to build two LNG carriers for delivery by November 2029.
Brazil’s Ventura Offshore adds Indonesia deepwater well to SSV Catarina gas exploration campaign
Brazil’s Ventura Offshore has secured an additional deepwater well offshore Indonesia for its SSV Catarina semi-submersible drilling rig, adding around $21.7mn to its firm backlog.
Shell charged over 2024 oil leaks in Singapore
Shell has been charged in Singapore over two oil leaks at its former Pulau Bukom refining and chemicals complex in 2024, including allegations that it failed to report the incidents promptly.
Singapore’s Samos Energy signs long-term charter with Indonesia’s Medco for Malaysian MOPU
Singapore-based Samos Energy has signed a new long-term bareboat charter with Indonesia’s Medco Energi for the West Desaru mobile offshore production unit (MOPU) offshore Malaysia.
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