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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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Read a recent issue cover to cover (click the image below)
China's Sinopec transfers stake in Russian petchems firm Sibur to Hong Kong unit
Cyprus, once a common jurisdiction for Russian joint ventures, has become less suitable following EU sanctions.
Indian refineries prepare to cut Russian oil imports due to Trump’s tariff threats
Some of India’s largest oil refiners are preparing to reduce imports of Russian crude, following comments by US President Donald Trump that Prime Minister Narendra Modi had pledged to wind down purchases.
Pertamina and Daqing boost Indonesia’s oil recovery
Indonesia’s state-owned energy firm Pertamina has entered a strategic partnership with China’s Daqing Oilfield Co., Ltd. to advance the use of Chemical Enhanced Oil Recovery (EOR) technology aimed at boosting national oil production.
Sri Lanka and Sinopec push ahead with $3.7bn Hambantota oil refinery project
A delegation of China’s Sinopec Company, met with Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, to review progress and address pending issues related to the new oil refinery project in Hambantota
India to expand US energy imports amid tensions over Russian oil
India is seeking to boost its purchases of crude oil and natural gas from the US as part of a broader effort to diversify energy sources and ease tensions following US President Donald Trump’s criticism of New Delhi’s continued imports of
Turkey’s TPAO subsidiary takes over operatorship of offshore Pakistan block
A subsidiary of Turkish Petroleum Corporation (TPAO) has taken over as operator of a promising offshore block in the Arabian Sea following a farm-out agreement with licence holder Pakistan Petroleum Limited (PPL)
Gas turbine bottleneck could impede Southeast Asian LNG-to-power plans
IEEFA’s conclusion is not that gas should be overlooked in Southeast Asia’s power mix, but that the turbine bottleneck adds a material headwind to the timing and economics of LNG-to-power through this decade.
Russian-Vietnamese JV brings new White Tiger oil platform on stream two months ahead of schedule
Vietnamese-Russian joint venture Vietsovpetro has commenced commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oilfield more than two months ahead of schedule, the partnership reported last week.
Eni to launch joint venture with Petronas in Asia next year
Italy’s Eni expects to launch its gas joint venture with Malaysia’s Petronas next year, the Italian energy group’s COO for natural resources.
Pakistani-Turkish group to explore block offshore Pakistan
Subject to regulatory approvals, TPOC will assume operatorship of the block.
Falcon, Tamboran complete largest drilling programme in Australia's Beetaloo basin
Falcon Oil & Gas said on October 15 that its Australian subsidiary and joint venture partner Tamboran have completed a three-well batch drilling campaign in Australia’s Beetaloo Sub-basin.
India says Mongolia’s first oil refinery expected to start operating in 2028
Mongolia’s first oil refinery, constructed by a project that led by Indian contractors, is expected to begin operations in 2028, India's foreign ministry said on October 14.
UGDC begins private gas supply to SNGPL in landmark move for Pakistan’s energy sector
Universal Gas Distribution Company (UGDC), Pakistan’s first private gas marketing firm, has successfully begun injecting gas into the Sui Northern Gas Pipelines Limited (SNGPL) network
India's ONGC expects oil prices to stay above $60 over next three years
India’s state-run Oil and Natural Gas Corporation (ONGC) expects global oil prices to remain within the $60–$65 per barrel range over the next three years and does not anticipate a fall below $60 in the near term
New gas discoveries could boost future output in Thailand
Valeura Energy Inc. has reported increased production and sustained growth across its Thailand portfolio in the third quarter, driven by a ten-well drilling programme at the Nong Yao field on Block G11/48
Pakistan moves to overhaul petroleum regulator in bid to revive energy sector
Pakistan has embarked on a sweeping reform of its Directorate General of Petroleum Concessions, the body overseeing the country’s upstream oil and gas industry, as part of an effort to attract foreign investment.
IMM Investment to acquire $420mn stake in Boryeong LNG Terminal
South Korean private equity firm IMM Investment Corp. is set to purchase a 49.9% stake in Boryeong LNG Terminal Co. from SK Innovation Co., in a deal that values the company at approximately $420mn.
Vietnam moves to guarantee LNG power offtake in bid to reassure investors
Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a guaranteed electricity offtake level of at least 75% for LNG-to-power plants, in an effort to bolster investor confidence and accelerate energy diversification.
Alaska delivers first LNG from North Slope
Alaska marked a new milestone with Harvest Midstream and Interior Gas Utility completing the first delivery of LNG from Alaska’s North Slope.
US reduces fees on foreign-built LNG carriers
The US is reducing maritime fees on foreign-built LNG tankers.
China vows action after US sanctions on Iran oil shipping networks
China vows to take appropriate measures to ensure energy security and protect companies after US Treasury sanctions more than 50 individuals, entities and vessels over Iranian oil and LPG shipments.
India's BPCL to invest $11bn in new Andhra Pradesh refinery
India’s state-run Bharat Petroleum Corporation Limited (BPCL) will invest nearly $11 bn to build a new refinery with a capacity of 180,000–240,000 barrels per day in the southern state of Andhra Pradesh
State control rattles Indonesia’s fuel market
Indonesia’s tighter control on private fuel imports has sparked debate over how far the government should go to protect its domestic energy market and ensure national energy sovereignty.
Indian state refiners turn to yuan payments for Russian oil
China fast-tracks oil reserve expansion
State-owned energy firms including Sinopec and CNOOC plan to add at least 169mn barrels of storage capacity across 11 sites in 2025 and 2026.
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