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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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Eni finds more gas off Indonesia following FIDs
Italy’s Eni has announced a gas discovery offshore Indonesia, with estimated resources of around 5 trillion cubic feet of gas and 300mn barrels of condensate.
Jadestone strikes gas deal for fields offshore Vietnam
Japan promotes stockpiling model as Asia scrambles for fuel
Japan has assured Australia that regular fuel shipments to the country will continue, while also exploring future swap arrangements. However, Tokyo still remains cautious about drawing further on its existing reserves.
Australian regulator assesses plans for Woodside's GWF 4 project
Australia’s offshore regulator NOPSEMA is assessing construction plans submitted by Woodside Energy for its Greater Western Flank 4 development.
Geelong refinery to reach 90% capacity within weeks after fire
Viva Energy expects production at its Geelong refinery in Australia to recover to around 90% of capacity within weeks after a large fire struck the facility.
Japan’s JAPEX hints at profit cuts due to Middle East disruption
Japan Petroleum Exploration has issued a press release warning of the impact on its business from escalating tensions in the Middle East, indicating that higher LNG procurement costs and suspended oil production are expected to weigh on earnings.
Santos chairman to step down next year
The chairman of Santos, Keith Spence, has announced plans to step down from the board in 2027 after eight years in the role.
Majority of Australians back increased oil and gas exploration, poll says
A majority of Australians support expanding oil and gas exploration even if it conflicts with the government’s emissions targets.
COMMENT: Why China is hedging for now in the Middle East
As the US-Israel-Iran war enters its second month, one of the most consequential geopolitical actors has been conspicuous by its silence. China has not intervened, has not condemned, and has not chosen sides in any meaningful public way.
First Korean tanker uses Red Sea route as Hormuz disruption forces shipping shift
A South Korea-owned tanker has become the first Korean vessel to transport crude oil via the Red Sea as an alternative to the Strait of Hormuz, after the key waterway was effectively closed.
Tata Power advances bio-CNG-led rural energy model in India’s Uttar Pradesh
Tata Power (NSE: TATAPOWER) is scaling up its push into decentralised clean energy with a bio-CNG-integrated microgrid initiative in Uttar Pradesh, aimed at reducing diesel dependence and strengthening rural livelihoods.
India expands Russian marine insurer approvals to support oil imports
India has broadened the pool of Russian insurers permitted to provide marine insurance for vessels calling at its ports, taking the total number of approved firms to 11.
India, Sri Lanka plan oil pipeline
C. P. Radhakrishnan and Anura Kumara Dissanayake held extensive discussions on strengthening bilateral cooperation, including a proposed oil pipeline linking India and Sri Lanka, as New Delhi pushes deeper energy and infrastructure integration.
Taiwan airlines set to double export fuel levies
Taiwanese aviation majors are set to double their cargo fuel surcharges starting in May, as rising global oil prices drive up logistical costs for shipments to the US, Europe and Asia.
Japanese carriers to hike international fuel levies
Japan Airlines (JAL) and All Nippon Airways (ANA) announced on April 20 that they intend to twofold current fuel levies for overseas travel scheduled for May and June.
UAE warns it could sell oil in yuan if dollar liquidity crunch hits
The UAE has warned Washington it could switch to yuan or other currencies to settle oil sales in the event of a severe dollar shortage, with reserves at $270bn as Gulf state faces mounting Iran war pressure.
Oil price divergence in a time of crisis
Singapore gas buyer GasCo secures spot LNG cargoes
State gas buyer GasCo has procured additional liquefied natural gas (LNG) cargoes from Australia and Mozambique to mitigate supply disruptions caused by the conflict between Israel and Iran, the company confirmed on April 20
Bangladesh telecom networks risk shutdown amid worsening fuel crisis
Bangladesh is facing the prospect of widespread mobile network disruptions unless fuel supplies improve quickly, as shortages linked to the West Asia conflict continue to intensify.
Pakistan seeks additional LNG to ramp up power generation
Pakistan’s Power Division has moved to boost electricity generation as rising temperatures push up nationwide demand.
India’s LPG consumption drops 13% in March
India’s cooking gas (LPG) consumption declined sharply in March as supply disruptions linked to the West Asia conflict affected availability for both domestic and commercial users.
Vietnam urges stable fuel supplies from Chinese providers
Amid ongoing disruption to global energy chains linked to tensions in the Middle East, Vietnamese authorities have urged Chinese counterparts to help ensure a steady flow of jet fuel for domestic airlines
Russia to supply oil and energy support to Myanmar
Myanmar and Russia have moved to strengthen energy cooperation after the two parties signed an agreement.
Pakistan cuts fuel prices again as global oil decline eases costs
Pakistan has announced another round of reductions in petroleum product prices, as declining global oil rates continue to pass through to the domestic market.
PM Anwar signals Malaysia is open to Russian oil imports
Prime Minister Anwar Ibrahim suggested Malaysia is prepared to negotiate with Russia for crude oil imports to secure domestic energy supplies, despite ongoing Western sanctions against Russia
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