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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)
Philippines LNG power costs could surge 143%, IEEFA warns
Rising fuel and equipment costs, combined with a weakening peso, could push the price of power produced from imported liquefied natural gas (LNG) in the Philippines up by 143% or more.
Beware the bear as Moscow woos Asia with oil and atoms
Asia provides Russia with opportunities to remain economically engaged even if the terms increasingly depend on what Asian partners themselves require.
Malaysia's MHB to contest $14mn subcontractor arbitration claim
Malaysia Marine and Heavy Engineering Holdings (KL:MHB) will contest a MYR57.3mn ($13.6mn) arbitration claim filed by a subcontractor over an offshore oilfield project in Sarawak
Indonesia may halt gas exports to neighbouring countries
Indonesia may stop renewing its gas exports to neighbouring countries, Minister of Energy and Mineral Resources Bahlil Lahadalia said.
South Korea faces cost risk on Alaska LNG project
A liquefied natural gas project in Alaska that Washington wants South Korea to help fund could cost far more than its developer projects.
Myanmar and Thailand discuss boosting gas production and pipeline exports
Myanmar and Thailand are exploring opportunities to increase natural gas production from existing offshore fields and expand cross-border pipeline utilisation.
Timor-Leste extends Chuditch gas licence as Sunda faces loss of operatorship
Timor-Leste has granted UK-based Sunda Energy a 12-month extension to its Chuditch gas exploration licence.
Lion Energy targets November spud for Indonesian oil exploration well
Australia's Lion Energy has begun transporting a drilling rig to Indonesia's Seram Island ahead of a planned November exploration campaign targeting an estimated 12mn barrels of oil.
Australia's Woodside revenue jumps 27% on stronger LNG prices despite lower production
Australia's Woodside Energy reported a 27% year-on-year increase in third-quarter operating revenue to $4.28bn, benefiting from sharply higher LNG prices despite a decline in overall production.
Asian refiners turn to smaller tankers as crude shipping costs soar
Asian oil refiners are increasingly turning to smaller tankers, long-term charter agreements and delivered crude purchases to contain costs as freight rates hover near record highs following disruptions to shipping through the Strait of Hormuz.
Pakistan reviews gas market reform as debt mounts
Pakistan's government has reviewed plans to restructure and deregulate its gas sector after circular debt in the industry rose above PKR3.6 trillion ($12.9bn).
Pakistan to import 18 LNG cargoes for winter gas gap
Pakistan will import 18 cargoes of liquefied natural gas (LNG) between November and February to cover winter demand.
Rubio presses India to buy more US, Venezuelan oil
US Secretary of State Marco Rubio has urged India to increase its purchases of crude oil from the United States and Venezuela, seeking to strengthen energy ties with New Delhi amid strained bilateral relations.
Analyst warns of pressure on Russian oil exports and predicts global oil surplus by 2028
Russia faces mounting energy risks from Ukrainian attacks, dependence on Chinese influence and the prospect of a global oil surplus, while Ukraine prepares for a difficult winter, says analyst.
Singapore partners with CMA CGM to develop bio-LNG marine fuel supply
Singapore's Maritime and Port Authority, French shipping group CMA CGM and Singapore LNG Corporation have signed an agreement to explore the use of liquefied biomethane.
Datacor acquires Singapore's MySep to expand oil and gas engineering software portfolio
US engineering software provider Datacor has acquired Singapore-based MySep, a developer of process separator simulation technology used in oil and gas production, LNG processing and refining.
Bangladesh faces costly winter gas bill as Qatar shortfall drags on
Bangladesh's gas crisis is turning from a summer emergency into an expensive winter bill, with Qatar unable to say when its LNG will flow again.
Singapore, Qatar renew LNG pact, deepen ties
During a visit to Doha by Prime Minister Lawrence Wong, Singapore and Qatar extended their pact covering cooperation on low-carbon technology and liquefied natural gas (LNG).
Pakistan's OGDCL to lift drilling as Iran war strains supplies
Pakistan's Oil and Gas Development Company Limited (PSX: OGDC) will raise its drilling activity by 65% this fiscal year, aiming for 33 wells to lift domestic output as the US-Iran war strains the country's fuel supplies.
Petrovietnam to trim Vietnam refiner BSR stake by 2027
Petrovietnam (PVN) expects to finish selling down its holding in Binh Son Refining and Petrochemical (BSR), the operator of Vietnam's Dung Quat Refinery, by March 11, 2027
India cuts diesel export duty as global fuel market tightens
India has nearly halved its diesel export duty as global fuel supplies remain constrained by disruptions in the Middle East and Russia, potentially improving the competitiveness of Indian refiners in international markets.
Australia’s Finder secures drilling rig for Timor-Leste oil project
Australia's Finder Energy has secured a drilling rig for its Kuda Tasi and Jahal (KTJ) oil development offshore Timor-Leste.
India approves LNG terminal capacity booking platform to boost utilisation
India's Petroleum and Natural Gas Regulatory Board has approved the creation of a centralised platform for booking unused LNG import terminal capacity.
Japan’s JERA increases indirect stake in Australia's Wheatstone LNG project
Japan's JERA has increased its indirect participation in Australia's Wheatstone LNG project after acquiring a 42.08% stake in Pan Pacific Energy from the Japan Organization for Metals and Energy Security.
India's MRPL nearly triples quarterly profit despite lower refinery throughput
India's Mangalore Refinery and Petrochemicals has reported a nearly threefold increase in quarterly net profit, benefiting from stronger refining earnings despite a decline in crude processing volumes.
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