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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)
Indonesia pivots crude imports toward African suppliers
Indonesia is diversifying its crude oil procurement to safeguard national strategic reserves
Norwegian Subsea7 secures $50mn–$150mn pipeline replacement contract from Brunei Shell Petroleum
Norwegian engineering company Subsea7 S.A. (OTCMKTS: SUBCY) has secured a major contract from Brunei Shell Petroleum (BSP)
Thai baht nears 15-month low as oil prices rise
The Thai baht has fallen to its weakest level in more than 15 months, pressured by higher oil prices, a stronger US dollar and elevated US Treasury yields.
Lao state fuel enterprise profit jumps 70% in 2025
Laos’ state-owned fuel company increased its profit by more than 70% in 2025 as it prepares for a possible stock market listing.
South Korea steps up naphtha supply planning as prices jump
International naphtha prices stood at $862 a tonne on July 31, up 2.6% from the previous day. Prices have risen 31.2%, or $205 a tonne, over the past month and 60.5%, or $325 a tonne, since the start of the year.
Iran war nearly wipes out India's discount on Russian oil
Urals crude is now offered to Indian refiners at just $1-2 a barrel below Dated Brent, down from more than $10 in early July, as Hormuz risk pulls buyers back to Russian grades.
India rebuilds its crude stockpile on record Russian oil imports
India has quietly rebuilt its crude oil inventories in 2026 by leaning harder than ever on discounted Russian supply, with Russian crude accounting for around 55% of India's total imports in June.
India approves offshore energy exploration scheme
South Korea to start buying Argentine crude in 2027
The initial 880,000-barrel purchase is small, but Seoul says it could grow as Argentina's oil and gas production and export capacity expand.
Pakistan approves refinery policy amendments to modernise oil sector
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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