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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)
India’s Russian oil imports slide to two-year low as OPEC share rises
India’s imports of Russian crude fell to their lowest level in nearly two years in December, as tighter Western sanctions disrupted flows and prompted refiners to source more oil from alternative suppliers, pushing OPEC’s share of imports
India’s oil firms strike onshore crude in Abu Dhabi
India’s state-run oil companies have recorded a new overseas upstream milestone with an onshore oil discovery in Abu Dhabi, reinforcing the country’s push to strengthen energy security through international exploration
Egypt and Oman explore deeper energy and mining cooperation
Egypt and Oman are moving to deepen cooperation in oil, gas and mining
Islamabad signals intent to shelve Iran-Pakistan gas pipeline
Pakistan has informed Iran of its intention to place the long-delayed Iran–Pakistan (IP) gas pipeline project on hold under an out-of-court settlement arrangement
Bangladesh drafts long-term energy strategy amid supply challenges
Bangladesh’s interim government has finalised a long-term energy strategy, underscoring the sector’s centrality to economic stability and industrial output
China’s CNPC to explore for oil and gas in Tajikistan’s Khatlon province
China’s National Petroleum Company (CNPC) is planning to conduct 3D seismic exploration for oil and gas in southwestern Tajikistan’s Khatlon province, Avesta has reported.
US moves in Venezuela are being felt half a world away in Asia
Venezuela itself has long occupied an unusual position in Asian oil markets. Its crude is heavy, sulphur-rich and difficult to process, yet it has found a natural home among a small subset of Asian refiners willing to adapt for the right price.
Singaporean oil inventories head south
Singapore’s onshore oil inventories retreated across all major product categories in the latest weekly data, led by a pronounced draw in fuel oil that pushed stockpiles to their lowest level in three weeks.
Indonesia completes $7.4bn Balikpapan refinery upgrade to strengthen energy security
Indonesia's Prabowo signals imminent start of $6bn downstreaming drive
President Prabowo Subianto has announced that a series of downstreaming projects worth around $6bn will begin construction within the coming weeks
Gazprom sets new record in gas flows to China via Power of Siberia 1
Russia’s Gazprom has set a new record for daily natural gas deliveries to China via the Power of Siberia trunk pipeline, following a continued ramp-up in exports to its largest Asian customer.
Bangladesh’s LNG import bill climbs to $3.88bn in 2025 as gas demand outpaces supply
Bangladesh’s interim government spent about $3.88bn to import 109 LNG cargoes in 2025, up from $3.02bn for 86 cargoes in 2024, as higher industrial demand and falling domestic gas output increased reliance on overseas supplies
Junta pushes oil and gas cooperation amid disputed elections in Myanmar
Despite widespread international criticism of Myanmar’s military-led elections, the country’s ruling junta is continuing to strengthen economic and energy partnerships with regional and extra-regional powers.
Shell inks 5-year supply deal with Petrovietnam
The world’s largest LNG trader Shell has signed a five-year LNG supply agreement with Petrovietnam.
India's Reliance may resume Venezuelan crude purchases if non-US access opens
India’s Reliance Industries Ltd, which operates the world’s largest refining complex, has indicated it may resume purchases of Venezuelan crude oil if sales to non-US buyers are formally permitted
Venezuelan authorities to send 30mn-50mn barrels of sanctioned crude to the US
US President Donald Trump announced on January 6 that Venezuelan authorities will turn over 30mn to 50mn barrels of sanctioned crude to the US, redirecting exports from China to the US.
COMMENT: US control of Venezuelan oil can earn Indian refineries optimal margins
Reliance's Jamnagar refining complex is a 1.4mn barrel per day facility incorporating proprietary cracking and coking capacity, and was architecturally engineered for Venezuelan heavy-sour crude processing
Bangladesh to import 180,000 tonnes of diesel from India
Bangladesh has approved the import of 180,000 tonnes of diesel from India’s state-owned Numaligarh Refinery Limited (NRL) by December this year
Technip Energies wins major contracts for BPCL's refinery projects in India
Technip Energies has secured two large contracts from Indian state-owned Bharat Petroleum Corporation Limited for key refinery and petrochemical projects at BPCL’s Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra
China feels Venezuela shock
The detention of Venezuela’s president Nicolás Maduro by US forces has disrupted China’s oil supply links with Caracas, raising uncertainty over crude flows, debt repayment and refinery costs.
US presses Venezuela to sever ties with China and allies
The administration of US President Donald Trump has informed Venezuela’s interim president, Delcy Rodríguez, that Caracas must end economic relations with China, Russia, Iran and Cuba as part of conditions for restarting oil production and sales.
Venezuelan authorities to turn over 30mn-50mn barrels of sanctioned crude to the US
US President Donald Trump announced on January 6 that Venezuelan authorities will turn over 30mn to 50mn barrels of sanctioned crude to the US, redirecting exports from China to the US.
Global LNG exports jump 4% in 2025
Global LNG exports climbed to 429mn tonnes in 2025, representing a 4% increase from a year earlier.
India's Reliance sees no Russian crude arrivals in January
Reliance Industries said on January 6 that it does not expect any deliveries of Russian crude oil in January, a development that is likely to push India’s imports of Russian oil to their lowest level in years
Cambodia’s first 900-MW LNG power plant to begin operations by late 2026
Cambodia is set to launch its first LNG power plant in Koh Kong province by the end of 2026, a development expected to bolster electricity supply, enhance energy security, and stabilise the national grid.
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