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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)
OR accelerates overseas expansion with Laos push
PTT Oil and Retail Business (OR), a major player in Thailand’s oil and retail sector, is set to bolster its international presence with a strategic expansion into Laos.
Tanjung Offshore secures key contract from Malaysia’s Petronas Carigali for plug and abandonment programme
T7 Global's subsidiary, Tanjung Offshore Services, has been awarded a significant contract by Malaysia's national oil and gas company, Petronas Carigali
Santos again delays FID on Dorado
Leading Australian oil and gas producer Santos has once more delayed taking a final investment decision on the offshore Dorado oil project in Western Australia.
Australia to finalise new gas, CCS exploration permits
Australia’s government intends to finalise new permits for offshore gas and carbon capture and storage exploration to support the economy and energy transition goals.
China, Philippines reach understanding on contested shoal in South China Sea
China and the Philippines last weekend announced that they have reached an understanding regarding the Second Thomas Shoal, a submerged reef near the Spratly Islands in the South China Sea.
Thai cabinet approves freeze on electricity prices, diesel ceiling amid economic stability measures
The Thai Cabinet has greenlit a series of measures aimed at stabilising energy prices for the remainder of 2024, including freezing the electricity rate at THB4.18 per unit and capping diesel prices at THB33 per litre until October 31.
Indonesia looks to break decade-long hiatus on purchasing Russian oil
Pertamina, the Indonesian state-controlled refiner, is said to be on the lookout for Russian oil grades for what will be the first time in years, according to three traders
Indonesia to launch low-sulphur fuels amid fiscal concerns
Starting September 1, the Indonesian government will begin distributing low-sulphur fuels in an initiative aimed at reducing air pollution in Jakarta and potentially other major cities
Indonesia's energy and mineral resources ministry boosts efforts to manage five available oil and gas blocks
The Indonesian government, through the Ministry of Energy and Mineral Resources (ESDM), continues to push for the management of five available oil and gas blocks
Indian LNG imports climb in June on demand from gas power bodies, fertiliser industry
India’s imports of LNG rose in June by 11% to 2,648mn standard cubic metres. This was largely the result of the country’s gas consumption increasing by 7%.
Thailand weighs challenges of Russian oil import amid economic considerations
Thailand's ongoing discussions with Russia over potential oil imports have highlighted several economic and logistical challenges.
Russian seaborne oil exports drop to lowest level in January
Russia’s four-week average for oil exports up to July 14 sunk to its lowest level since January.
Malaysia targets larger portion of worldwide LNG market
Malaysia is poised to enhance its global footprint in natural gas trading, as the nation’s oil and gas giant Petroliam Nasional Bhd, more commonly known as Petronas, ramps up its international investments.
Japanese petroleum industry chief calls for advance forecasts amid jet fuel shortage
The head of Japan's petroleum industry has called on international airlines to provide flight schedules and jet fuel demand forecasts as far as a year in advance to address a jet fuel shortage at Japanese airports
Indonesia’s Special Task Force for Upstream Oil and Gas Business Activities reports $5.6bn investment in upstream oil and gas for H1 2024
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) revealed an upstream oil and gas investment of $5.6bn, equivalent to IDR90.63 trillion, in the first half of 2024
Exxon Mobil sells Malaysian oil and gas assets to Petronas
Exxon Mobil Corp has reached an agreement to sell its Malaysian oil and gas assets to state-owned energy firm Petronas, marking its exit from the country's upstream sector where it once held a dominant position
Malaysia detains oil tanker after collision and escape incident
A substantial oil tanker, flagged by Sao Tome and Principe, has been apprehended by Malaysian authorities after a collision and subsequent escape off Malaysia's coast
Decline in gas lifting prompts call for accelerated oil and gas development
Finance Minister Sri Mulyani Indrawati reported a decline in average gas lifting from 955,000 barrels of oil equivalent per day in the first half of 2023 to 918 kboepd in the first half of 2024.
State-owned subsidiary Pertamina Hulu Rokan discovers new oil and gas reserves in Rokan block
PT Pertamina Hulu Rokan continues its extensive exploration activities following the takeover of the Rokan Block in 2021.
Indonesian government to launch environmentally friendly fuel soon
The government is set to release a new, more environmentally friendly fuel in the near future.
Canada’s Asian oil exports to grow
Asia oil imports from Canada’s Trans Mountain expansion are ramping up, and are expected to increase starting in September.
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