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)

Vietnam fuel prices edge higher

14 February 2025

Vietnam raised domestic fuel prices on February 13, citing fluctuations in global markets driven by geopolitical uncertainties and trade tensions.

ADNOC Gas pens LNG supply deal with Indian Oil Corp

14 February 2025

ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with state-owned Indian Oil Corporation for the supply of up to 1.2mn tonnes per annum (mtpa) of liquefied natural gas (LNG), the Abu Dhabi-based company said in a press release

Pertamina's upstream unit discovers largest oil and gas reserves in 15 years

13 February 2025

PT Pertamina Hulu Energi (PHE), the upstream oil and gas subsidiary of state-owned PT Pertamina, discovered 652mn barrels of oil equivalent (MMBOE) in 2024, marking the largest reserve find in the past 15 years

AVEVA, HMEL to work on digital transformation in Indian refining, petchem sector

13 February 2025

Industrial software firm AVEVA and HPCL Mittal Energy Limited (HMEL), an Indian integrated refining and petrochemical company, have signed a memorandum of understanding to advance digital transformation in India's refining and petrochemical sector

India's ONGC signs multiple energy agreements

13 February 2025

Indian state-owned energy firm Oil and Natural Gas Corporation (ONGC) has signed a number of deals in the renewables and oil and gas space, the company announced via separate press releases dated February 12.

Singapore, Indonesia and Malaysia conduct joint oil spill response exercise

13 February 2025

The Maritime and Port Authority of Singapore (MPA) has conducted a tabletop exercise (TTX) with Indonesia and Malaysia to enhance regional coordination and strengthen response capabilities for oil spills

Indian Gas Exchange, HPCL sign MoU to boost natural gas market in India

13 February 2025

Indian Gas Exchange (IGX) and state-owned energy company Hindustan Petroleum Corporation Limited (HPCL) have signed a memorandum of understanding (MoU) to collaborate on enhancing the natural gas market in India, IGX announced in a press release.

Brazil’s Petrobras eyes Indian deepwater oil blocks in global expansion push

12 February 2025

Brazil's national oil company Petrobras is evaluating opportunities in India's deepwater and ultra-deepwater crude blocks as it seeks to diversify its reserves beyond its traditional pre-salt fields.

TotalEnergies strikes 10-year LNG deal with India's GSPC

12 February 2025

France’s TotalEnergies has signed a 10-year sale and purchase agreement with India’s Gujarat State Petroleum to supply 400,000 tonnes of LNG per year.

Woodside CEO calls for more pragmatic Australian energy policy

12 February 2025

Woodside Energy CEO Meg O’Neill has called for a more pragmatic discussion on Australia’s energy future, warning that policy uncertainty and regulatory hurdles are hampering investment in both gas and renewables.

Taiwan considers Alaskan LNG to avoid US tariffs

12 February 2025

Taiwan could become a buyer of LNG from Alaska in an effort to prevent the US from levying tariffs on the East Asian country.

ADNOC signs 5-year LNG supply deal with Bharat Petroleum

12 February 2025

Abu Dhabi National Oil Company has agreed to a 5-year LNG supply deal with India’s Bharat Petroleum.

US-China LNG trade and how tariffs might affect flow

12 February 2025

The latest chapter in the storied history of US-China trade relations has opened with fresh tariffs from both sides. Most notably this includes a 15% tariff on US LNG that came into effect earlier in the week.

India launches biggest oil, gas block bid round

12 February 2025

India has launched its largest Open Acreage Licensing Policy (OALP) Round-X bidding at India Energy Week 2025 on February 11, Petroleum Minister Hardeep Singh Puri said in a statement on X.

Sarawak energy deal with Petronas raises possibility of autonomy, strengthened resource control

11 February 2025

The Malaysian state of Sarawak has secured a historic agreement with the national oil firm Petronas, in the process gaining control of gas distribution across the region and potentially setting a precedent for resource autonomy across the country.

India's ONGC and bp sign contract to enhance production from Mumbai High field

11 February 2025

Indian state-owned energy giant Oil and Natural Gas Corporation (ONGC) and bp have signed a contract under which bp will serve as the technical services provider (TSP) for the Mumbai High field, India's largest and most prolific offshore oil field

Indonesia plans new supervisory body to regulate 3-kg LPG distribution

11 February 2025

The government is preparing to establish a supervisory body dedicated to overseeing the distribution of subsidised 3-kilogramme liquefied petroleum gas (LPG), similar to the current fuel monitoring system

Pakistan seeks new deal for Qatar LNG as price hike hits industries

10 February 2025

Pakistan has faced an economic crisis for years in which energy costs have played a leading role. A recent increase in the cost of gas for industries has created fears that exports will suffer and lead to more economic trouble.

Chiang Rai bans fuel sales in containers to curb cross-border scams

10 February 2025

Authorities in Chiang Rai province on February 8 banned the sale of fuel in containers to prevent call centers scammers from accessing fuel to generate electricity, officials said.

Indonesia moves to curb $1.6bn in LPG subsidy leakages

10 February 2025

The Indonesian government is tightening oversight of its subsidised 3-kilogramme liquefied petroleum gas (LPG) distribution to prevent annual subsidy losses of up to IDR26 trillion ($1.6bn)

US sanctions impact Iranian tankers hauling oil to China

10 February 2025

The US Treasury Department last week issued new sanctions against Iran that will impact exports of Iranian crude oil to China.

Indian Gas Exchange trade volumes up in January

7 February 2025

Indian Gas Exchange traded 182mn cubic metres of gas volume in January, up 26% month on month and 398% year on year.

RoClean Indonesia expands oil spill response equipment production

7 February 2025

RoClean Indonesia, a joint venture between Denmark’s DESMI RoClean A/S and Indonesia’s PT Meredian Khatulistiwa, has entered the country’s oil spill response equipment market, marking a significant expansion of domestic production capabilities

Mexico's Pemex eyes Asia oil crude sales to dodge Trump tariffs, Mexico exports could be hit

6 February 2025

Mexico's state oil company Pemex could avoid new – but delayed – US tariffs by redirecting crude exports to Asia, as US President Donald Trump's 25% levy on Mexican imports threatens its primary export market.

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Edited by

Andrew Kemp

Editor

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