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)

India gets ready for the worst

24 July 2025

India’s Reliance Industries Ltd. is facing renewed scrutiny over its crude procurement practices following the European Union’s latest round of sanctions targeting diesel derived from Russian oil

Indonesia set to ink $8bn refinery deal with KBR in landmark US trade pact

24 July 2025

Indonesia's state-owned investment holding company, Danantara, is finalising an $8bn engineering, procurement, and construction (EPC) agreement with US engineering giant KBR Inc. to develop 17 modular oil refineries across the archipelago

Indonesia's upstream oil sector pushes ahead amid production gap and strong investment in 2025

24 July 2025

Indonesia’s upstream oil and gas sector is maintaining positive momentum in 2025 despite falling short of state production targets

Bangladesh signs first short-term LNG deal with Oman’s OQ Trading

23 July 2025

Bangladesh signed its first-ever short-term liquefied natural gas supply deal with Oman’s OQ Trading International on July 22 to shore up energy security and cut reliance on the volatile spot market.

EverEnviro's Indore compressed biogas plant sets new Indian benchmark

23 July 2025

EverEnviro Resource Management, a Haryana-based renewable energy company, has announced that its compressed biogas (CBG) facility in Indore in Madhya Pradesh has emerged as the largest and most productive in India.

Zarubezhneft to lead $3bn Tuna Block development as harbour energy exits amid sanctions

23 July 2025

Russia’s state-owned Zarubezhneft is set to assume full operational control of Indonesia’s Tuna Block in the North Natuna Sea, following the withdrawal of UK-based Harbour Energy due to intensifying geopolitical sanctions

Chevron, Shell eye return to Indonesia as reforms unlock upstream oil and gas potential

22 July 2025

Global energy majors including Chevron and Shell are signalling renewed interest in Indonesia’s upstream oil and gas sector, as the government steps up fiscal reforms and improves access to exploration data

India’s LNG imports rise 26% in June

22 July 2025

India’s liquefied natural gas (LNG) imports rose sharply in June 2025, reaching 3bn cubic metres (bcm), up 26.1% year-on-year, according to the latest provisional data from the Petroleum Planning and Analysis Cell (PPAC)

Rosneft slams EU sanctions on Indian oil refiner Nayara

21 July 2025

Russia’s state-controlled oil company Rosneft has sharply criticised the EU’s latest sanctions package, which includes measures against Indian refiner Nayara Energy, describing the action as “unjustified and illegal.”

POSCO E&C clinches major LNG terminal deal in Thailand

21 July 2025

South Korea’s POSCO Engineering & Construction, a subsidiary of steel giant POSCO has secured a $1bn contract to build an LNG terminal in Thailand

Indonesia to import $15bn in US energy as part of tariff reduction deal

21 July 2025

Indonesia will move forward with importing a range of energy commodities from the United States under a wider trade agreement that also includes a significant reduction in US import tariffs on Indonesian goods

Rosneft calls EU sanctions on Nayara refinery unjustified, warns of threat to India’s energy security

21 July 2025

Rosneft Oil Company has denounced the European Union’s latest sanctions targeting Nayara Energy’s 20mn tonne refinery in Vadinar in India's Gujarat

Asian spot LNG prices fall after rising multiple weeks

21 July 2025

Asian spot LNG prices have fallen amid weaker demand and high inventories.

GAIL, Vitol formalise 10-year LNG supply agreement as India’s gas demand surges

21 July 2025

Under the terms of the deal, Vitol will supply GAIL with approximately 1mn tonnes of LNG annually over a ten-year period, commencing in 2026.

India’s GAIL opens discussions with Alaska LNG

20 July 2025

GAIL throws its hat in the ring with over 50 other companies that have expressed interest in buying LNG from Glenfarne’s proposed facility.

Iranian crude exports to China hit peak

16 July 2025

Iranian crude exports to China have climbed to their highest level since March at more than 1.7mn barrels per day due to sellers increasing shipments to avoid the effects of the recent conflict between Israel and Iran.

Japan’s Marubeni plans further energy investments in Vietnam

15 July 2025

Marubeni Corporation, one of Japan’s largest conglomerates with an 80-year presence in Vietnam, has announced its intention to expand operations in the country through new investments in gas and renewable energy.

Asian heatwaves stoke LNG demand, prompting shifts in global gas flows

14 July 2025

An ongoing heatwave sweeping across East Asia is fuelling a sharp rise in spot LNG demand, prompting a reordering of global LNG trade patterns.

India boosts oil imports from US, Brazil as part of supply diversification

14 July 2025

According to reports, imports of US crude surged by 51% year-on-year to 271,000 barrels per day between January and June, up from 180,000 bpd during the same period in 2024.

Saudi crude oil shipments to China approach a two-year high but Asian market diversification is being felt

14 July 2025

Saudi crude shipments to China are expected to average 1.56nm barrels per day in the coming month, amounting to a total of 51mn barrels for August.

Indonesian prosecutors name business tycoon Riza Chalid as suspect in $178.6mn oil terminal corruption case

14 July 2025

The Indonesian Attorney General’s Office (AGO) has named businessman Muhammad Riza Chalid, beneficial owner of PT Orbit Terminal Merak (OTM), as a suspect in a high-profile corruption probe tied to the mismanagement of crude oil and fuel storage

Gazprom, CNPC hold further talks on Russian gas export prospects

13 July 2025

Neither side publicly indicated any progress had been made on reaching a contract for gas supplies via Moscow’s planned Power of Siberia 2 pipeline to China.

Heatwave drives up Asian spot LNG prices

13 July 2025

Asian spot LNG prices have creeped higher amid a heatwave in South Korea and Japan.

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Edited by

Andrew Kemp

Editor

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