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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)
Australia's Jemena unveils Northern Territory gas strategy
Australian energy-infrastructure company Jemena has unveiled a Northern Territory gas strategy aimed at delivering early volumes from the Beetaloo Basin to the east coast from 2026.
McDermott completes subsea infrastructure at FaS gas field off Malaysia's Sarawak
US-based engineering and construction firm McDermott International has finished installation of subsea infrastructure for the FaS gas-field development off Sarawak.
Mubadala, PLN EPI to deliver Andaman gas for Indonesian power generation
Under the agreement, gas supplies could come from the offshore Tangkulo gas field, located about 65 km off the northern coast of Sumatra.
China's CNOOC launches new offshore oil project
China’s state-owned oil and gas major China National Offshore Oil Corporation (CNOOC) announced on December 3 that production has begun at the Weizhou 11-4 oilfield adjustment and satellite-fields development in the Beibu Gulf Basin.
COMMENT: Putin's India visit signals push for major overhaul in relations
In FY2024-25 Russia's bilateral trade with India was propelled almost entirely by New Delhi's voracious appetite for discounted Russian crude
Bunker clerk jailed in Singapore’s largest marine fuel theft case involving Shell
A fuel record officer at a local maritime firm facilitated the purchase of over 21,000 MT of marine gas oil that had been unlawfully diverted from protected storage, with the cargo valued at about $9.99mn (SGD13.58mn)
Turkey and Pakistan deepen energy cooperation with new exploration agreements
Turkey has signed a series of agreements to expand oil and gas exploration in Pakistan, marking a significant strengthening of bilateral cooperation in energy and mining
Two Guyanese supertankers head to India with crude shipments
Two supertankers have embarked on an 11,000-mile (17,700km) voyage from Guyana to India, signalling a significant shift in global crude flows as US sanctions on Russian oil force Asian refiners to source alternative supplies.
India to boost refining capacity 20% by 2030
India’s refining capacity is set for a significant expansion by 2030, Minister of State for Petroleum and Natural Gas Suresh Gopi told the Rajya Sabha in a written reply on December 1.
Japan doubles down on Russian energy supplies despite sanctions pressure
Japan has reaffirmed its intention to continue imports of Russian oil and gas, even as Western nations push Moscow further into economic isolation.
China’s teapot refineries reawaken as Beijing releases 2026 import quotas
China has moved early to allocate a first tranche of crude import quotas for 2026, offering fresh support to a physical market weighed down by surplus sanctioned supply.
Myanmar inspects key LNG-to-power sites in Yangon as trial operations advance
Myanmar’s Union Minister for Electric Power, U Nyan Tun, carried out an inspection of key LNG-to-power projects in Yangon Region on November 29
Kyiv hits Russia’s sanction-evading shadow fleet in Black Sea off Turkey
Ukraine has intensified its campaign against Russia’s oil trade by striking two tankers linked to Moscow’s sanction-evading maritime network in the Black Sea.
Pakistani power sourced at higher than expected rate in October
Pakistan’s power authorities have acknowledged that furnace oil-fired plants were operated in October at a fuel cost of PKR33 ($0.11) per unit, significantly higher than the PKR21 per unit cost of underused liquefied natural gas capacity.
Crude palm oil prices rally on supply worries tied to severe weather in Indonesia, Malaysia
Crude palm oil futures surged in the previous trading session as storms, flash floods, and landslides in Malaysia and Indonesia fanned fears of disrupted production and tighter global supply
Algeria and India explore deeper energy and mining ties
Algeria’s Minister of State for Hydrocarbons and Mines, Mohamed Arkab, met India’s Ambassador to Algeria, Swati Vijay Kulkarni, on November 26 to discuss avenues for expanding bilateral cooperation, particularly in hydrocarbons and mining
Shell secures 100,000-barrel petrol purchase from Indonesian Pertamina
Shell(SHEL) has reached an agreement to procure 100,000 barrels of petrol from Indonesia’s state-owned energy company Pertamina, Deputy Energy Minister Yuliot Tanjung confirmed on November 25
Lotte and HD Hyundai begin South Korea's petrochemical industry overhaul
Lotte Chemical (011170.KR) and HD Hyundai Chemical (267250.KR) have sought government approval for a major business overhaul, marking the initial structural adjustment in the South Korean petrochemical industry since discussions began in August.
Odisha inks deal with Oil India to accelerate waste-to-energy rollout
The Odisha state government has signed a deed with state-owned Oil India Limited (OIL) to scale up the conversion of urban waste into green energy
Iran’s offshore crude stockpiles hit 2.5-year high
Iranian crude held in floating storage has swelled to its highest level in around two and a half years as slower buying from China leaves more barrels lingering at sea, according to traders and shipping-intelligence data.
Woodside, Timor-Leste reach breakthrough deal on LNG project
The long-debated onshore LNG vision for Timor-Leste appears closer than at any point since the fields were discovered half a century ago.
Australian Labour backbencher urges priority for domestic gas users over LNG exporters
Australian Labor Party backbencher Ed Husic has re-ignited debate over Australia’s gas export policy, urging the Albanese government to put domestic users ahead of LNG exporters.
South Korea's SK Earthon lands stake in Indonesian exploration oil block
Exploration drilling is expected to start this year.
Pakistan clears Turkey's TPOC to operate exploration block
Pakistan has approved a new offshore exploration consortium, allowing Turkish Petroleum Overseas Company (TPOC) to assume operatorship of the Eastern Offshore Block-C as part of efforts to reinvigorate drilling activity.
Venture Global strikes long-term LNG deal with Japan's Tokyo Gas
US LNG developer Venture Global has entered into a deal with Japan’s Tokyo Gas for 1mn tonnes per year (tpy) of LNG over a 20-year period, with deliveries scheduled to begin in 2030.
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