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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)
Reservoir Link Energy obtains 10-year energy commission licences in Malaysia
Announced via a Bursa Malaysia filing, Reservoir Link Energy Bhd (KLSE:RL) has secured two 10-year approvals from the Energy Commission under the Gas Supply Act.
Indonesia sets mandatory E10 bioethanol mandate for 2027
Replicating its successful palm-based biodiesel roadmap to build a parallel bio-gasoline ecosystem, the Indonesian government is preparing to roll out nationwide biofuel mandates
China alters oil imports to cushion market spikes
China is flexing its oil storage capacity to absorb global market shocks as Middle East tensions drive energy prices higher.
Sri Lanka targets near phase-out of diesel power generation within two years
Sri Lanka's National System Operator Company (NSOC) plans to reduce diesel-fired electricity generation to just 0.5% of the country's total power mix over the next two years.
Australia's east coast to enjoy 350 mcm surplus in gas supply in Q4
The surplus could rise to 20 PJ if some uncontracted gas is retained domestically.
Vietnam's Petrovietnam sees first H1 growth in oil output in a decade
Vietnam’s state-owned Petrovietnam increased crude oil production by 14.2% year on year in the first half of this year, recording its first first-half growth since 2015 despite the natural decline of the country’s mature fields.
Indonesia formally breaks ground on Abadi LNG project, but the critical FID is still pending
Indonesia and Japan’s Inpex have formally broken ground on early works for the $20.9bn Abadi LNG project, marking tangible progress at the long-delayed development but not the start of full-scale construction.
China sees collapse in refining, oil import volumes in June amid Hormuz crisis
Beijing responded to Middle East supply disruption by slashing crude imports and curbing fuel exports.
Pakistan to ramp up LNG spot purchases, anticipating longer disruption to Qatari supply
The government is finalising plans to buy at least one more cargo for delivery before the end of July and as many as six shipments in August.
India’s Venezuelan oil imports hold firm as refining capacity expands
Indian ports received 10.1mn barrels of Venezuelan crude in June, nearly unchanged from May's 10.2mn barrels and well above April's 8.3mn and March's 900,000 barrels. Another 7.7mn barrels are scheduled to arrive in July
China jacks up retail gasoline and diesel prices, passing Hormuz crisis costs to consumers
China raised its regulated retail price ceilings for gasoline and diesel from July 18, passing part of the recent increase in international crude prices on to domestic consumers.
Discount on Russia's Urals oil widened in first half of July but could shrink again as US-Iran conflict once more escalates
As the US-Iran conflict is now escalating once more, the discount could shrink during the remainder of this month and Urals could even regain its premium.
OPEC reflects on its superpower era
War‑time disruption, sanctions and the UAE’s exit have exposed the limits of OPEC’s market power, leaving the cartel more constrained, more reactive and less central to price formation
OPEC takes aim at the IEA over oil and gas forecasts
OPEC warns that pessimistic demand forecasts and financing restrictions risk deterring oil and gas investment.
Indonesia breaks ground on $21bn Abadi Masela LNG megaproject
Unlocking one of the largest offshore gas reserves in the Asia-Pacific region, Indonesia has launched an upstream megaproject of the Abadi Masela LNG Block National Strategic Project.
China's 'impossible' gas price risks killing off Power of Siberia-2
China has effectively priced Russia's flagship Power of Siberia-2 gas pipeline out of existence, demanding a price for gas that analysts say would make the project uneconomic.
Africa's LNG ambitions gather pace amid record global trade, says IGU report
Africa is steadily carving out a more prominent role in the global LNG industry.
Tetragon Energy partners with Philippines-based DUG Technology for $1.45mn Sulu Sea block
A Western Australia-based energy explorer has activated its data engineering phase by launching a high-tech exploration programme to unlock major offshore oil and gas prospects in the Philippines
Vietnam’s demand boosts prospects for US ethanol exports
Vietnam is emerging as an increasingly important destination for US ethanol, driven by stronger biofuel policies and rising fuel consumption.
China slams new US bill targeting buyers of Russian oil and gas
China has condemned a revised US sanctions bill that would authorise tariffs against leading buyers of Russian oil and natural gas, including China.
China reportedly demands steep discount on Russia's Power of Siberia 2 gas
Chinese officials delivered the demand to a Gazprom delegation that travelled to Beijing ahead of Russian President Vladimir Putin’s May visit.
Russia approves agreement with India to develop the Northern Sea Route
Russia has authorised state nuclear corporation Rosatom to sign an agreement with India aimed at expanding cargo shipments along the Northern Sea Route.
Sri Lanka seeks bids from Russian crude from Rosneft and Zarubezhneft
Sri Lanka’s state-run Ceylon Petroleum Corp. has registered Russia’s Rosneft and Zarubezhneft as crude suppliers, allowing them to bid for contracts serving the country’s sole refinery.
Aberdeen-based oil service provider Unity scores first major Asia-Pacific contract
The companies will deploy Unity’s proprietary surface intervention system for an unnamed international offshore operator.
Malaysia's Velesto scraps $63mn sale of jack-up rig to Indonesia Drilling after deadline passes
Malaysia’s Velesto Energy has terminated the planned $63mn sale of its NAGA 3 jack-up rig to Indonesia’s PT Indonesia Drilling Energy after the transaction failed to close by the agreed deadline.
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