AsianOil - Asia 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)

Tankers stack up off Fujairah as Hormuz becomes contested chokepoint

14 July 2026

Ship-tracking data shows tankers clustering at anchorages off Fujairah, Khor Fakkan and Sohar rather than transiting the Strait of Hormuz, as a US cargo levy, Iranian tolls and mining claims turn the waterway into a contested chokepoint.

Noble Corporation locks in $136mn Brunei drillship deal

14 July 2026

Signaling a multi-year capital commitment to deepwater oil and gas exploration across Southeast Asia, offshore drilling titan Noble Corporation has finalised a high-value contract for its ultra-deepwater asset

Thailand-Cambodia energy dispute leaves up to $300bn in resources untapped

14 July 2026

The disagreement centres on an overlapping maritime claims area covering about 26,000 sq km of what is today called the Gulf of Thailand. Successive governments have failed to agree where each country's maritime boundary should lie.

Indonesia’s Karimun emerges as Asian hub for Russian oil

14 July 2026

Russian businesspeople have begun staying at the island's leading hotel, where rooms cost about $40 a night the report adds. Their destination is almost always the local oil terminal, which changed ownership in mid-2024.

OPEC’s leverage narrows as war and exits reshape supply

13 July 2026

Sanctions on Iran, war‑time disruptions and the UAE’s departure from OPEC have eroded the cartel’s capacity to shape prices, leaving it increasingly reactive and internally constrained

Pakistan, Saudi Arabia discuss expanding economic, energy cooperation

13 July 2026

Pakistan and Saudi Arabia have reaffirmed their commitment to expanding bilateral economic and energy cooperation following talks between senior ministers from the two countries.

Pakistan looks to LNG spot market amid disruption of deliveries from Qatar

12 July 2026

Pakistan has issued a tender for an LNG cargo on the spot market amid concerns of further disruption of supplies from Qatar following worsening relations between Iran and the US.

China pullback hits Brazil oil prices

11 July 2026

Weaker Chinese demand for Brazilian crude and rising output from Brazil have pushed cargo prices to their lowest levels in more than six years, according to traders and refining sources cited by Platts, part of S&P Global Commodity Insights.

Sempra’s Energia Costa Azul exports first LNG cargo from Mexico plant

9 July 2026

US LNG developer Sempra exported its first cargo from its Energia Costa Azul LNG project located in Ensenada, Mexico.

Pakistan to resume offshore oil, gas exploration after nearly two decades

9 July 2026

Pakistan plans to resume offshore oil and gas exploration later this year for the first time in nearly 20 years as part of a broader strategy to strengthen the country's long-term energy security.

GasHub completes LNG regas facility for Rolls-Royce in Singapore

8 July 2026

Singapore-based GasHub has completed an LNG storage and regasification facility at Rolls-Royce’s Seletar Campus in the Asian country and begun supplying the site with LNG.

Pakistan’s energy pivot: Iranian oil today, renewables tomorrow

8 July 2026

Renewables and nuclear power are expected to play a larger role in Pakistan’s electricity mix in the coming years, helping to limit exposure to global fuel price swings and geopolitical disruptions.

US revokes Iran oil waiver after tanker strikes in Strait of Hormuz

8 July 2026

The US Treasury has revoked a licence allowing Iranian oil sales after three tankers were struck in the Strait of Hormuz, testing US-Iran peace talks and pushing Brent to two-week highs.

India plans to expand its strategic oil reserves

8 July 2026

The world’s third-largest oil consumer and the most populous nation on the planet is preparing for greater volatility in energy markets after crude prices surged during the war before retreating once flows through Hormuz began recovering.

China’s Hengli opts against receiving 2mn barrels of West African crude as US sanctions take effect

8 July 2026

The cancelled cargoes include crude already delivered to storage facilities in eastern China and shipments scheduled for July.

India's June fuel consumption falls

8 July 2026

India's fuel consumption declined in June as demand for key petroleum products eased from the previous month, with liquefied petroleum gas (LPG) recording the sharpest annual drop.

Japan weighs naphtha stockpile

8 July 2026

Japan is considering establishing a strategic stockpile of naphtha as heightened tensions in the Middle East raise concerns over supplies of the petrochemical feedstock used to manufacture a wide range of products.

Engro Vopak, S&P Global explore Pakistan's first refrigerated LPG import terminal

8 July 2026

Engro Vopak Terminal Limited (EVTL) and S&P Global Energy plan to develop Pakistan's first refrigerated liquefied petroleum gas (LPG) import and storage terminal.

Cambodia fuel prices ease, but transport fares stay put

7 July 2026

Cambodia has lowered retail fuel prices to near pre-conflict levels, but transport operators say passengers should not expect cheaper fares until fuel costs fall further.

Australia needs more support for gas supply and infrastructure, says industry lobby

7 July 2026

Australian oil and gas industry group Australian Energy Producers has called for policies supporting new gas supply and infrastructure after the country’s electricity market operator forecast a greater need for flexible gas-fired generation.

Woodside takes ExxonMobil's place in Australia's Gippsland oil and gas basin

7 July 2026

Australian oil and gas producer Woodside Energy has taken over as operator of the Gippsland Basin assets off Victoria from Esso Australia Resources, the Australian subsidiary of US energy major ExxonMobil.

Australia's Beetaloo reports good gas well tests at Carpentaria in Northern Territory

7 July 2026

Testing of Carpentaria-5H began on June 11, with the well initially flowing at more than 14 TJ per day, before settling at an average of 7 TJ per day.

Brazil's Venture Offshore secures more work for rig offshore Indonesia with Italy's Eni

7 July 2026

Brazilian deepwater drilling contractor Ventura Offshore has secured additional work worth about $25.1mn for its SSV Catarina semi-submersible rig offshore Indonesia.

Italy's Saipem scores $2bn FSRU contract offshore Indonesia

7 July 2026

Italy’s Saipem has secured a contract worth around $2bn for its share of work on a new floating production, storage and offloading unit for the Kutei North Hub development offshore Indonesia.

China’s tepid demand, rising global supply could cloud Iran’s oil export revival

7 July 2026

Iran could struggle to cash in on the temporary easing of US restrictions on its oil exports as weakening Chinese demand and rising global supply threaten to limit sales beyond its traditional customers, energy analysts said.

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Edited by

Andrew Kemp

Editor

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