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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: a complex picture of contradictory claims
Indian refiners appear set to take in substantial volumes of Russian crude this December, confounding predictions that new Western sanctions would sharply curtail flows.
Myanmar fuel importers face $257mn repayment order
Myanmar’s military authorities have instructed fuel importers to repay more than MMK540bn (about $257mn) by the end of January, accusing them of manipulating US dollar transactions in a way that has reportedly cost the state billions
Thailand stops fuel passing to Laos over security fears
Thailand has suspended fuel shipments transiting a major border crossing with Laos after intelligence reports indicated that some supplies were being diverted to Cambodian military units, amid escalating clashes between Thailand and Cambodia.
Bangladesh imports 11 LNG cargoes in November
Bangladesh spent $360.99mn to import 11 cargoes of liquefied natural gas in November as part of efforts to secure energy supplies and meet rising domestic demand
Myanmar fuel prices edge down slightly
Fuel oil reference prices in Myanmar edged down slightly for the week ending December 18. Octane 92 was priced at $1.69, Octane 95 at $1.21, diesel at $1.07, and premium diesel at $1.28.
Indonesia ties tariff negotiations with Washington to long-term energy security
Indonesia has moved to underline the central role of energy cooperation in its trade negotiations with the United States, insisting that talks on reciprocal tariffs remain on course and that pledges to import American oil and fuel will be upheld.
Vietnam advances clean energy transition with LNG power
Vietnam on December 14 marked the inauguration and start of commercial operations of the Nhon Trach 3 and 4 thermal power plants in southern Dong Nai province, with Prime Minister Pham Minh Chinh attending the ceremony
India’s Russian oil inflows hold near 1.5mn bpd despite sanctions
India’s crude oil arrivals from Russia averaged about 1.5mn barrels per day in the first ten days of December, with projected flows indicating a possible rise to 1.6mn bpd
US seizure of tanker carrying Venezuelan crude escalates standoff with Maduro
The United States seized an oil tanker off Venezuela in international waters, President Donald Trump told media on December 10, describing the vessel as “a big tanker, a very big one—the biggest ever seized, in fact.”
McDermott wins major subsea EPCIC contract for Brunei gas development
McDermott(MCDIF) has been awarded a significant subsea contract for a natural gas development project offshore Brunei Darussalam, following its earlier completion of front-end engineering design (FEED), optimisation studies and readiness planning
Shell restores fuel supply across key Indonesian regions after import curbs
Shell has restarted petrol sales at its service stations in Indonesia after government-imposed import limits tightened supplies and temporarily emptied its pumps
Huge gas discovery emerges in Myanmar’s M-15 block
A vast natural gas reserve has been identified off the coast of Myanmar, with early estimates suggesting a potential recoverable volume of 94.6 trillion cubic feet (TCF).
Eni strikes LNG supply contract with Thailand's Gulf Development
Eni has agreed a long-term LNG sales contract with Thailand’s Gulf Development, strengthening its position in Asian gas markets and advancing plans to build a diversified global LNG portfolio.
Japan's JERA signs first LNG deal outside domestic market
Japan’s top power producer JERA has signed its first long-term LNG supply agreement outside its domestic market.
Eni reports major offshore gas find in Indonesia's Kutei basin
Italy’s Eni has reported on December 9 a significant offshore gas discovery at the Konta-1 exploration well in the Muara Bakau production sharing contract in Indonesia’s Kutei Basin.
Chevron and partners sign off on Gorgon Phase 3 development
Chevron’s Australian arm announced on December 5 that partners in the Gorgon joint venture have signed off on the A$3bn Gorgon Stage 3 development off the northwest coast of Western Australia.
TotalEnergies and Petronas to drill Papua New Guinea’s first deepwater well in 2026
As Papua New Guinea’s business community looks towards 2026 with anticipation over whether TotalEnergies will give the green light to the long-awaited Papua LNG project
Eni strikes promising wet gas discovery at Konta-1 offshore East Kalimantan
Italian energy major Eni is reported to have made a notable wet gas discovery at the Konta-1 wildcat well offshore East Kalimantan, Indonesia
Malaysia’s MISC secures Petronas Carigali contract for Brunei offshore gas FPSO
Malaysia’s MISC has received a letter of award from Petronas Carigali to supply a Floating Production, Storage and Offloading (FPSO) vessel for a major offshore natural gas development in Brunei
China’s November crude imports from Iran hit four-month high
China’s crude oil imports from Iran surged to their highest level in four months in November, according to data from analytics firm Kpler.
Russia faces difficulties keeping Arctic LNG-2 gas flowing
The combination of climatic constraints, discounted sales and a shrinking pool of friendly terminals underscores Russia’s high cost of keeping sanctioned LNG flowing.
Philippines fuel prices set to rise on December 9
Fuel costs are likely to climb next week as global market movements filter through to domestic pump rates, according to Philippine oil industry officials on December 5.
US sanctions widen net around Singapore-linked maritime firms over Iranian oil trade
The United States has expanded its sanctions regime against Iran, sweeping in at least ten entities linked to Singapore’s maritime and trading ecosystem amid allegations that they facilitated the movement of Iranian oil and petrochemical products.
Bangladesh’s costly reliance on Singapore fuel leaves consumers exposed
Bangladesh’s growing dependence on Singapore for refined fuel imports is proving expensive, with consumers seeing little benefit from falling global oil and shipping costs.
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