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)

President Jokowi engages South Korea-UAE delegation on potential oil refining investments

14 June 2024

On June 12, President Joko Widodo welcomed a delegation from the South Korea-United Arab Emirates Business Association at Merdeka Palace in Jakarta to discuss potential investments in Indonesia’s oil refining sector

Iran roundly rejects ‘big discounts’ in oil trade with China

13 June 2024

The Iranian Oil Ministry flatly rejected a media report that the Islamic Republic had offered “big discounts” to China to boost crude exports amid US sanctions.

United Petroleum Australia targets 200 active petrol stations in Sri Lanka

13 June 2024

United Petroleum Australia is preparing to initiate operations in Sri Lanka by late July or early August, with the end goal of expanding its presence in the retail petroleum sector

Indian energy firms to export RLNG to Bangladesh

13 June 2024

Two Indian energy firms are preparing to export regasified liquefied natural gas to Bangladesh through two pipelines stretching 265 kilometres

Hengyi exports more fuel oil from Brunei after refinery fire

12 June 2024

China's Hengyi Industries has ramped up fuel oil exports from its refinery in Brunei this month and stalled the loading of other refined products after a fire broke out at the facility in late May.

CNOOC reports strong gas flow in South China Sea well test

12 June 2024

Chinese state offshore operator CNOOC has reported a strong test result at a well targeting gas reserves in ultradeep waters of the South China Sea.

New Zealand to lift ban on oil and gas exploration

12 June 2024

The New Zealand government plans to propose legislation later this year to overturn the 2018 prohibition on new oil and gas exploration.

Sweltering heat fuels surge in India's gas-fired power usage

12 June 2024

India is witnessing a surge in gas-fired power generation. As a result, and according to industry officials and experts, imports of LNG are projected to rise sharply over the next two years.

The climate case for US LNG

12 June 2024

The research may provide a compelling reason for the US pause on LNG approvals to be lifted.

Europe’s gas refill slowed by diversion of cargoes to Asia

12 June 2024

Europe’s gas refill season has started slow as cargoes are increasingly being diverted to Asia, where heatwaves are hitting the continent.

PTTEP expands UAE presence with acquisition in Ghasha gas concession

12 June 2024

PTT Exploration and Production Public Company Limited (PTTEP) announced a strategic move to expand its presence in the United Arab Emirates (UAE) through its subsidiary, PTTEP MENA Limited

PTTEP picks up Wintershall Dea’s Ghasha stake

11 June 2024

Thailand’s PTT Exploration & Production (PTTEP) this week acquired a 10% stake in the UAE’s offshore Ghasha concession from Germany’s Wintershall Dea, concluding the latter’s effort to divest.

India’s oil imports from Russia rise m/m as oil minister confirms state-owned BPCL open to tie-up with Moscow

11 June 2024

India ramped up its oil imports from Russia to 41% in April 2024, up from 34% in March 2024, as per the June 2024 OPEC report.

Malaysia overhauls fuel subsidies, diesel prices surge by over 50%

11 June 2024

Malaysia saw a dramatic 50% increase in diesel prices on June 10 as part of a major overhaul of fuel subsidies aimed at reducing government spending and saving billions of ringgits annually

Pertamina to acquire stake in Brazilian firm to secure bioethanol supply

11 June 2024

Pertamina, Indonesia's state-run oil company, is set to acquire a stake in a Brazilian company to ensure a steady supply of bioethanol and sugar, Chief Investment Minister Luhut Binsar Pandjaitan announced on June 10

India’s ONGC seeks international partner to boost output from ageing Mumbai high field

11 June 2024

India's state owned Oil and Natural Gas Corporation is looking to collaborate with an international oil major to rejuvenate its flagship Mumbai High field, which has seen a decline in production after nearly fifty years of operation

Pertamina Patra Niaga issues first tender for sustainable aviation fuel

10 June 2024

Indonesia's state-owned energy firm, Pertamina Patra Niaga, has issued its inaugural spot purchase tender for sustainable aviation fuel to be delivered in August, according to three sources who received the tender document

Upstream Oil and Gas Regulatory Task Force, ESDM, and ENI Indonesia to launch $70mn 3D seismic survey

10 June 2024

The Upstream Oil and Gas Regulatory Task Force, in collaboration with the Ministry of Energy and Natural Resources and ENI Indonesia, is set to conduct a $70mn 3D seismic survey

Indian regulator seeks to oversee expansion of country’s LNG terminals

9 June 2024

India's Petroleum and Natural Gas Regulatory Board has proposed new regulations requiring companies to obtain approval before setting up or expanding liquefied natural gas terminals.

As India’s energy landscape changes due to heatwave gas generated power use soars

9 June 2024

India is witnessing a significant shift in its energy landscape as extreme heat and new policy changes drive an uptick in gas generated power production.

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Edited by

Andrew Kemp

Editor

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