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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 Kyiv outreach contrasts with lower level Russia forum presence
India continues to import crude oil, as well as other hydrocarbons and commodities from Russia even as the risk of Western and especially US sanctions mount.
Bangladesh's fossil fuel import bill may rise by $2.8bn in 2026
Bangladesh’s fossil fuel import bill could increase by as much as $2.8bn in 2026, putting further pressure on the economy as disruptions to energy supplies expose the country’s heavy dependence on imported fuels
Pakistan rejects LNG cargo at three times the pre-war price as blackouts deepen
Pakistan has scrapped an emergency tender for liquefied natural gas after the only bid came in at nearly three times pre-war prices, leaving its power sector short.
Japan approves JPY616bn in emergency reserve funds for fuel subsidies
Japan's cabinet has approved the use of JPY616bn in emergency reserve funds for the current fiscal year to cap gasoline prices as tensions in the Middle East push up energy costs.
South Korean shipyard signs $1.14bn deal with Taiwan
Hanwha Ocean (042660.KS) has secured a KRW1.55 trillion ($1.14bn) contract from Taiwanese container shipping line Yang Ming Marine Transport to build six liquefied natural gas (LNG) dual-fuel vessels.
Bangladesh to buy four LNG cargoes
Bangladesh has approved the purchase of four additional liquefied natural gas (LNG) cargoes to meet rising domestic demand.
Vietnam’s $2.7bn Thai Binh LNG project picks technical adviser
Vietnam’s Thai Binh LNG project has appointed AFRY as its international technical adviser.
Indonesia’s Pertamina seeks floating rig for East Natuna drilling
Indonesia’s Pertamina East Natuna has opened a tender for a floating drilling rig for exploration work at its East Natuna acreage.
Asian refiners turn to Argentine crude as Iran war disrupts Middle East supply
Asian refiners in Japan, South Korea and China have increased purchases of Argentine Medanito crude in recent weeks as disruptions linked to the Iran war intensify competition for Middle Eastern oil and encourage buyers to diversify supply.
Singaporean energy company Aster launches integrated storage platform
Expanding its energy logistics footprint in Asia's primary oil trading hub, Singapore-based energy producer Aster has announced the launch of Aster Port & Terminals (APT), an integrated storage and marine logistics business
South Korean vessel hit in Hormuz trade route
Two crude carriers transiting outbound through the Strait of Hormuz were struck by unidentified projectiles, including one vessel operated by South Korean shipping firm Sinokor.
Vietnam to build nationwide used cooking oil network for SAF
Vietnam is set to develop its first nationwide used cooking oil (UCO) collection network to support sustainable aviation fuel (SAF) production under a new partnership between Malaysia-based FatHopes Energy (FHE) and PetroVietnam Oil Corporation
Indonesia’s Pertamina seeks floating rig for East Natuna drilling
Indonesia’s Pertamina East Natuna has opened a tender for a floating drilling rig for exploration work at its East Natuna acreage.
Wildfires threaten Tangguh LNG and Indonesian oil and gas operations
Forest fires have spread close to BP’s Tangguh LNG complex and several other oil and gas operations in eastern Indonesia, prompting increased firefighting efforts, although production has largely continued without disruption.
Petron partially restarts Port Dickson refinery in Malaysia
Petron Malaysia has resumed limited operations at its Port Dickson oil refinery while work continues to replace a product jetty damaged last year.
Malaysia’s Petronas sanctions long-delayed Limbayong oil and gas project
Malaysia’s Petronas has taken a final investment decision on the Limbayong deepwater oil and gas development offshore Sabah, reviving a project that has faced repeated delays over the past several years.
India’s ONGC plans $10.5bn deepwater exploration push
India’s state-owned Oil and Natural Gas Corp. plans to invest around INR1 trillion ($10.5bn) in deepwaterexploration over the next five years, as it searches for large discoveries capable of reversing a long-running production decline.
Asian spot LNG prices hit five-month high on Hormuz disruption
Asian spot LNG prices climbed to their highest level in five months on September 1, as buyers sought replacement cargoes amid continued disruption to Qatari supply and renewed tensions between the US and Iran.
New Zealand cancels planned 2027 fuel tax increase
New Zealand’s government has cancelled a planned 12-cent-per-litre increase in fuel excise from the start of 2027, citing cost-of-living pressures and recent uncertainty in the Middle East.
Jadestone advances restart plans for Stag and CWLH oilfields in Australia
Singapore-based Jadestone Energy has advanced plans to restart production at its Stag and CWLH oilfields offshore Australia after outages at the two assets weighed on output in the first half of the year.
New Zealand’s Channel lifts Marsden Point fuel storage by 40%
New Zealand’s Channel Infrastructure has increased operational jet fuel and diesel storage at its Marsden Point terminal by around 40%, as the company expands the former refinery’s role in the country’s fuel supply system.
Western Australia pushes for federal gas reservation exemption
Western Australia is pushing to secure an exemption from Australia’s planned national gas reservation scheme, arguing that the state’s existing policy already ensures sufficient supply for the domestic market.
Chevron warns environmental challenge could cause delays to Australia's Gorgon LNG project
US oil major Chevron has warned that a legal challenge against environmental approval for infrastructure supporting its Gorgon LNG project in Western Australia could cost the company around A$40mn per month if key works are delayed.
Australia's West Erregulla gas field makes breakthrough in finding route to market
Australia’s Strike Energy and Hancock Energy have agreed a development and processing framework for the West Erregulla gas field in Western Australia, resolving a long-running uncertainty over how the resource will be brought to market.
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