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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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Petronas makes first LNG delivery to Vietnam, strengthens ties with PetroVietnam
Petronas, through its subsidiary Petronas LNG Ltd (PLL), has completed its first liquefied natural gas (LNG) delivery to PetroVietnam Gas (PV Gas), a subsidiary of Vietnam’s state-owned PetroVietnam (PVN)
Petronas signs 11 MOUs to boost Malaysia’s OGSE sector and workforce modernisation
Petronas, through Malaysia Petroleum Management (MPM), has signed 11 memoranda of understanding (MOUs) aimed at advancing Malaysia’s oil and gas services and equipment (OGSE) industry
Qatar to extend MoU with Bangladesh over LNG supply
Qatar has reaffirmed its commitment to Bangladesh's energy needs by agreeing to renew a recently expired Memorandum of Understanding (MoU) on LNG supply and begin work on the technical framework for a proposed land-based LNG terminal
Malaysia’s Kedah flags encroachment on Petronas gas pipeline route
The Kedah state government has raised concerns over a prolonged encroachment along Petronas’ gas pipeline corridor in Pendang, where villagers are alleged to have been extracting red earth from land directly above the buried pipeline
Asian countries see LNG purchases from US as means to address Trump’s tariffs
America’s trading partners in Asia are seeking to find a means to avoid US tariffs. For some, agreeing to purchase more LNG from the US or join the Alaska LNG project is the way to do it.
Petronas develops AI tools to drive down costs, improve operational efficiency
Malaysia’s state energy firm Petronas is building in-house artificial intelligence capabilities to drive further improvements in its upstream operations.
Crude prices climb by 5% amid Trump tariffs & OPEC+ output cuts
Crude oil prices have increased by 5%, pushed by US sanctions on Iran that were aimed at damaging ‘teapot’ refineries in China, and additional output cuts from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).
Pakistan’s refineries under strain as jet fuel shortage threatens defence ops
The refining industry, which has long suffered from underinvestment, obsolete technology and limited economies of scale, is now facing fresh headwinds in the form of declining crude supplies, regulatory imbalances and market distortions.
Vietnam LNG strategy speeds up as Ca Na Power Plant is given approval
Vietnam has taken a major step forward in its gas-powered infrastructure expansion with the formal approval of the Ca Na LNG thermal power plant project.
Singapore’s 14 proposals to expand LNG as a marine fuel supply
Singapore’s ambitions to become a leading global hub for cleaner marine fuels have taken a major step forward, as the country’s port authority confirms it has received 14 proposals aimed at scaling up the supply of LNG as a marine fuel.
Indonesia awards five oil and gas blocks in drive to bolster energy security
The newly allocated blocks are situated in both onshore and offshore areas that, while rich in resources, remain largely under-explored.
BLOG: LNG gets politicised
We are currently witnessing a collapse in LNG trade between the US, the world’s largest exporter of the super-chilled fuel and its biggest importer, China – an event with profound and far-reaching consequences for the global LNG market.
Indonesia’s gas distributor PGN and Bukit Asam launch coal-to-gas project to boost energy security
Indonesia’s state-owned gas distributor PT Perusahaan Gas Negara (PGN) has joined forces with mining firm PT Bukit Asam (PTBA) to develop a Synthetic Natural Gas (SNG) facility using low-rank coal
Indonesia launches $130mn gas facility to boost energy security and regional growth
Indonesia inaugurated a $130mn gas processing project in Jambi Province on April 16, signalling a major step toward enhancing domestic energy supply and regional economic development,
China’s CNOOC bypasses US and signs LNG deal with ADNOC amid escalating tariff war
State-run China National Offshore Oil Corporation has come to agreement with Abu Dhabi National Oil Corp to purchase LNG from the Gulf company.
Russian Arctic oil exports to China set to surge this month
Arctic oil is now offered at significant discounts compared to Brent crude, reversing the premiums that were previously associated with these grades.
Woodside, Uniper strike LNG supply deals
Australia’s Woodside Petroleum has entered into LNG sale and purchase agreements with Germany’s Uniper for the supply of up to 1mn tpy from Louisiana LNG, as well as up to 1mn tpy from its global portfolio.
South Korea ramps up LNG shipments by near fifth in March
South Korea, the world's third-largest LNG importer after Japan and China, increased imports of the super-chilled fuel by 18% year-on-year to 4.27mn tonnes in March.
Hibiscus Petroleum secures $100mn Islamic financing to bolster Brunei expansion
Hibiscus Petroleum Bhd has secured a $100mn syndicated Islamic financing facility through its Brunei-based unit, Simpor Hibiscus Sdn Bhd, marking a strategic push to deepen its presence in the Sultanate’s energy sector
Indonesia plans $10bn boost in US energy imports amid tariff talks
Indonesia is preparing to ramp up imports of crude oil and liquefied petroleum gas (LPG) from the United States by approximately $10bn as part of efforts to ease trade tensions and counter proposed US tariffs
India considers scrapping import duties on US ethane and LPG to ease trade tensions
India is planning to scrap import duties on ethane and liquefied petroleum gas (LPG) from the United States as part of broader trade discussions with Washington
Modi lays foundation stone for BPCL's compressed biogas plant in Haryana
Indian Prime Minister Narendra Modi on April 14 laid the foundation stone for a compressed biogas plant being developed by Bharat Petroleum Corporation Limited in Yamunanagar, Haryana, the state-owned energy company said
US imposes sanctions on Chinese refinery in blow to Iranian oil sales
The United States slapped sanctions on a second Chinese teapot refinery and a handful of foreign firms and oil tankers, in a series of efforts to disrupt Iranian oil exports and choke off Tehran’s vital revenue.
Yasref, Aramco, Sinopec sign agreement for petchem expansion
Saudi Aramco, Yasref and Sinopec have signed a Venture Framework Agreement (VFA) to prepare for the expansion of a petrochemical facility at the Yasref refinery in Yanbu, Saudi Arabia.
British Columbia adjusts net-zero requirements for Canadian LNG projects
The British Columbian provincial government on Canada’s west coast has downgraded its net-zero requirements for planned LNG projects in the wake of mounting uncertainty surrounding hydroelectricity supplies.
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