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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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Vietnam’s nascent LNG sector tasked with growing role in energy sector
During a recent seminar in Vietnam’s capital, Ho Chi Minh City earlier this month experts pointed to the country’s growing population and its need for economic growth to emphasise Vietnam’s looming need for natural gas
South Korea's Hanhwa to buy remaining shares in oil and gas contractor
South Korean industry giant Hanhwa Group has made an offer to buy all shares it does not already control in offshore oil and gas contractor Dyna-Mac Holdings.
MinRes estimates resources at Perth basin assets
Australian diversified resources producer Mineral Resources has published estimates for oil and gas resources at its Lockyer gas project and Erregulla oil project in the onshore Perth Basin.
Indonesia to revamp upstream oil and gas sector with simplified permitting process
Indonesia is poised to overhaul its upstream oil and gas sector by simplifying the complex permitting process, according to the Ministry of Energy and Mineral Resources (ESDM).
Construction officially starts on Afghan section of TAPI
Authorities in Turkmenistan and Afghanistan have officially launched the construction of a critical segment of the TAPI gas pipeline.
Pakistan claims huge oil, gas discovery after seismic survey, but development years away
A report in Pakistan’s domestic media has excited officials and the public alike, claiming that three years of seismic acquisition in the Arabian Sea have resulted in the discovery of a huge oil and gas deposit in the country’s offshore waters.
Engineers India forecasts March 2026 construction completion date for Mongolia’s first oil refinery
Uzbekistan’s Saneg to reportedly process Afghan crude at Fergana refinery in first cross-border oil deal
Aramco to open first branded gas station in Pakistan by year-end
Saudi Aramco, the Saudi state-owned energy giant, plans to open its first branded petrol station in Pakistan by the end of the year.
Global heating could exceed 3°C by end of century, say researchers
Methane emissions are rising faster than ever before, says new research led by Stanford University. The problem is so dire that global heating could exceed 3°C by the end of century, a level at which there would be chaos at an unprecedented level.
CNOOC announces ultra-deepwater exploration breakthrough
China's state-owned offshore operator CNPC has announced a breakthrough in its exploration of ultra-deepwater carbonate rocks off the country’s coast, reporting a discovery at a well in the Pearl River Mouth Basin.
Allseas wins $180mn contract at Philippines' Malampaya life extension project
Prime Infrastructure Capital has awarded a $180mn contract with Switzerland-based Allseas to install key pipeline and umbilical infrastructure for the Malampaya life extension project.
Timor-Leste's state-owned developer joins Bayu-Undan project
Timor-Leste’s state-owned upstream developer Timor Gap is set to join the Bayu-Undan gas project off the country’s shore, after concluding talks to buy part of Australian giant Santos’ stake.
India cuts oil windfall tax by 12%
India slashed its windfall tax on domestic oil extraction by 12% to INR1,850 per tonne at the end of August, or $3 per barrel.
Japanese firms sees 3% climb in domestic, overseas output in 2023-24
Japanese companies’ combined oil and gas production – both domestic and overseas – climbed by nearly 3% in the fiscal year ending March 31.
Santos signs LNG supply deal with Glencore
Australian energy firm Santos has sealed an LNG supply deal with commodity trader Glencore.
China’s Sinopec begins operations at Huaying LNG import terminal
China’s state-run Sinopec has commenced operations at the firm’s first LNG import terminal in Chaozhou, southern Guangdong Province.
South Korea’s SK Earthon secures Ketapu Cluster PSC, enhancing upstream presence in East Malaysia
South Korea’s SK Earthon has been awarded the production sharing contract (PSC) for the Ketapu Cluster Discovered Resource Opportunities (DRO) offshore Sarawak, East Malaysia, marking an expansion of its upstream operations in the region
India and Brunei look into long-term LNG deals, but release no details
The world’s most populous nation and one of the smallest are looking at the possibility of increasing LNG shipments from Bandar Seri Begawan to New Delhi.
Iranian pump owners' union says fuel smuggling is systematic
The spokesperson for Iran's Fuel Stations Union said that 25mn litres of petrol were smuggled out of the country every single day in a wholesale and systematic way involving “hundreds of road tankers.”
Petronas engages in ongoing talks over Sarawak natural gas distribution
Petroliam Nasional Bhd (Petronas) has affirmed that it remains in active discussions with Sarawak authorities, the federal government, and Petroleum Sarawak Bhd (Petros) to find a mutually agreeable solution on the matter of natural gas distribution
Malaysia’s Coastal Contracts moves into Indonesian LNG infrastructure support
Malaysia's Coastal Contracts is making inroads into Indonesia's expanding LNG supply chain with the acquisition of a 49% stake in PT Jaya Samudra Karunia for $6.5mn.
Bangladesh relaunches LNG imports on international spot market
Bangladesh has resumed its imports of LNG on the spot market after a two-month hiatus. In doing so the interim government in Dhaka has imposed a new set of procurement rules designed to enhance transparency in the selection of suppliers.
Malaysian shipping company MISC's takeover of FPSO Kikeh sees marginal impact, analysts say
Malaysia-based international shipping company MISC Bhd’s recent acquisition of the remaining 49% equity interest in the FPSO Kikeh, offshore Sabah, is expected to have a marginal impact on earnings and valuations, according to analysts,
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