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)

Indonesia, ExxonMobil and KNOC plan CCS facility in offshore Asri basin

24 May 2024

Indonesia, ExxonMobil and KNOC plan development of CCS facility in offshore Asri basin.

Pakistan’s PRL seeks expansion with Chinese investment

24 May 2024

Chinese firms have expressed keen interest in partnering with Pakistan Refinery Ltd. (PRL) for its expansion and upgrade project (REUP), marking a significant development for Islamabad's energy sector

China's fuel oil imports reach record high amidst surge from Venezuela and Iran

23 May 2024

China saw a significant uptick in fuel oil imports in April, marking a notable 10% increase from the previous year, according to data from the General Administration of Customs.

New plan for getting Turkmen gas to Europe – pipe it to Pakistan and ship it as LNG

23 May 2024

Pakistani petroleum minister outlines proposal at energy symposium. Says TAPI pipeline could be completed solely with Islamabad and Ashgabat funding.

Pavilion Energy, bp Singapore agree long-term LNG supply deal to power city state

23 May 2024

Pavilion Energy Trading & Supply and bp Singapore have finalised a decade-long agreement for the annual supply of approximately 0.8mn tonnes of LNG to Singapore

India likely to buy more Russian oil despite lowering discount

23 May 2024

India’s reliance on crude oil imports is poised to increase further in 2024, after hitting a new high of 87.8%, driven by surging demand for petroleum products amid stagnant domestic production

Vietnam's oil giant PVS poised for profit surge despite cautious outlook

23 May 2024

Vietnam Petroleum Technical Services Joint Stock Corporation, a dominant player in the country's oil and gas services sector, is presenting a contrasting picture to investors

Illicit Iranian oil smuggling into Pakistan losing millions for national treasury

22 May 2024

An estimated 90,000 litres of Iranian oil are being smuggled daily into Pakistan

Asian spot LNG prices climb to highest levels since December

22 May 2024

Hot weather across Asia has seen Asian spot LNG prices rise to their highest levels since December.

First tanker loads oil from Canada's expanded Trans Mountain pipeline

22 May 2024

An Aframax chartered from Dubai’s Emarat Maritime has commenced loading the first oil from Canada’s Trans Mountain Expansion pipeline, which started commercial service on May 1.

Japan’s JERA to pump over $32bn into LNG, green projects in the next 10 years

22 May 2024

JERA, Japan’s largest power generation company, has announced plans to invest approximately JPY5 trillion over the next decade into expanding its existing renewable energy portfolio, developing new fuels and bolstering its LNG capabilities.

Indian state owned ONGC reports record standalone profit in FY2024

22 May 2024

India’s state owned Oil and Natural Gas Corporation (ONGC) has reported its highest standalone net profit to date, amounting to $5.5bn for FY2024

In April, India imports highest volume of Russian oil in nine months

22 May 2024

India’s Russian oil imports surged to a nine-month peak in April 2024, driven by the resumption of shipments on non-sanctioned tankers operated by Russia's largest shipping company, Sovcomflot

China flirts with record LNG imports for 2024

21 May 2024

China reported another strong month of LNG imports in April with the East Asian country importing 6.22mn tonnes of LNG during the month.

India's Russian oil imports hit record in April

21 May 2024

India’s Russian oil imports rose to their highest level in nine months in April, following the resumption of shipments on board non-sanctioned tankers operated by Russia’s state-owned shipowner Sovcomflot.

Russia says Power of Siberia 2 deal with China will be signed "in near future"

21 May 2024

Russia and China anticipate signing a contract “in the near future” on gas supplies via the planned Power of Siberia 2 pipeline, Russian Deputy Prime Minister Alexander Novak was quoted as saying.

New interest surges for Andaman III Block post Repsol and Petronas exit

20 May 2024

Several companies have expressed interest in managing the Andaman III Block following the departure of previous operators, Repsol and Petronas

JERA announces $32bn investment in LNG, renewables, and new fuels

19 May 2024

Tokyo-headquartered JERA is earmarking 5 trillion yen for investment in LNG, renewable energy, and new fuels over the next 10 years.

India’s Reliance Industries wants access to state companies owned jet fuel pipelines and storage

19 May 2024

India’s Reliance Industries Ltd is pursuing access to the pipelines and storage facilities managed by India's public sector oil companies in a move to dominate the jet fuel market at some of Asia’s busiest airports

Pertamina and ExxonMobil to develop carbon capture storage hub in Southeast Sumatra

17 May 2024

PT Pertamina Hulu Energi, a subsidiary of the state oil and gas company Pertamina, and ExxonMobil have announced the establishment of a technology hub for carbon capture storage and carbon capture utilisation storage.

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Edited by

Andrew Kemp

Editor

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