AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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.

Our editorial team is constantly looking for stories that cannot be found elsewhere amongst our competitors. We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the issues that matter. 

We also include “Country Profiles,” offering multi-dimensional analysis on individual regions, from the broad perspective of political and policy news, to on-the-ground information on projects and production via our network of journalists and contributors.

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Read a recent issue cover to cover (click the image below)

Petronas launches seismic survey in two Surinamese blocks

10 October 2024

Petronas has unveiled plans for a major 3D seismic acquisition across Suriname's offshore Block 63 and the Ironman Prospect in Block 63/52, Suriname.

Hanwha sticks with original offer for Singaporean offshore contractor Dyna-Mac

10 October 2024

South Korean industry giant Hanwha Group has stood firm on its original offer to buy all remaining stock in Singaporean offshore oil and gas contractor Dyna-Mac Holdings.

JERA secures $1.5bn credit facility for LNG operations

10 October 2024

The Singapore-based trading arm of Japan’s JERA has secured a one-year syndicated revolving credit facility worth $1.495bn to support its LNG trading operations.

Indonesia's energy minister threatens revocation of idle oil well licences

10 October 2024

Indonesia's Energy and Mineral Resources Minister, Bahlil Lahadalia, announced plans to revoke licences for inactive oil wells as part of a strategy to boost national oil and gas production

Pertamina discovers new oil and gas resources in Sulawesi

9 October 2024

PT Pertamina Hulu Energi (PHE), the upstream subholding of Pertamina, has discovered new potential oil and gas resources in Sulawesi.

Natural gas company Rukun Raharja secures fuel pipeline contract in Indonesia

9 October 2024

PT Rukun Raharja Tbk (RAJA), through its subsidiary PT Pertrotech Penta Nusa (Petro), along with a consortium including PT Citra Panji Manunggal (CPM) and PT Bakrie Pipe Industries (BPI), has secured a contract for fuel pipeline services.

Bangladesh turns to Singapore in a bid to alleviate energy woes

8 October 2024

In a significant effort to address Bangladesh's ongoing energy crisis, the interim government in Dhaka has approved the import of two cargoes of LNG from Gunvor Singapore

PPL reaches settlement for Iraqi block termination

8 October 2024

Iraq’s Council of Ministers approved a settlement between the Ministry of Oil’s (MoO) Midland Oil Co. (MOC) and Pakistan Petroleum Ltd (PPL) relating to termination of a concession.

Japan signs deal with Italy’s Eni for LNG supply during emergencies

8 October 2024

Japan and Italian energy major Eni have agreed in principle to sign a memorandum of understanding to allow Tokyo to purchase LNG from the company during emergencies, the Japanese government revealed.

China reaches an LNG crossroads of sorts

8 October 2024

China has reached a dominant position in global energy markets, with an abundant supply of natural gas and the subsequent leverage to dictate its own negotiating terms

VTTI plans investment in Asian LNG terminals

7 October 2024

Bloomberg reported last week that VTTI BV CEO Guy Moeyens said there was a huge scope for new terminals in Asia. “There is a lot of potential in India, Bangladesh, Pakistan and the Philippines,” he said.

China, Iranian oil and a possible Israeli attack

7 October 2024

Iran’s oil infrastructure is an increasingly important focal point in the escalating tensions in the Middle East, with potential Israeli strikes on Iran’s energy sector raising concerns over the impact on China.

Santos signs mid-term LNG supply deal with TotalEnergies Gas & Power Asia

7 October 2024

Australian energy giant Santos has come to an agreement with supermajor TotalEnergies on a mid-term LNG supply deal.

Japanese firms call for methane abatement in LNG supply chain

6 October 2024

A group of 22 utilities and trading houses in Japan have joined an alliance aiming to leverage their buying power and put pressure on LNG suppliers to reduce methane emissions in their supply chains.

Oil prices jump 5% after Biden comments on potential Israel-Iran escalation

3 October 2024

Crude oil prices surged 5% on October 3 after President Joe Biden said the United States was "discussing" the possibility of Israel striking Iran's oil industry.

Kazakhstan eyes higher gas exports to China

3 October 2024

Kazakhstan wants to boost gas production, but in the nearer term, imports from Russia could help support greater exports to China.

Australia places faith in gas and CCS

2 October 2024

The Future Gas Strategy is pragmatic, recognising that role that natural gas will play throughout the energy transition, and stressing the need for carbon capture and storage (CCS) to abate its emissions.

Excelerate strikes deal with PetroVietnam on FSRU solutions

2 October 2024

New York-listed Excelerate Energy has signed an agreement with Vietnam’s state oil and gas company PetroVietnam on exploring technical solutions involving FSRUs for importing LNG into the Asian country.

Data centre surge in Singapore reflected in increased imports of LNG

2 October 2024

Singapore is set to experience a short-term rise in demand for LNG, in part driven by the recent artificial intelligence boom and the resulting expansion of data centres

MISC signs deal with Samsung Heavy for LNG carriers, Petronas inks charter agreements

2 October 2024

MISC Bhd has secured a shipbuilding contract with Samsung Heavy Industries Co Ltd to construct two new liquefied natural gas (LNG) carriers, set for delivery in 2027

New Delhi to snub gas from sanctioned Russian Arctic project

1 October 2024

The Indian oil secretary has said New Delhi will not make any LNG purchases from the sanctioned Russian Arctic LNG 2 project.

Chinese deal with ExxonMobil sees new LNG terminal in Guangdong open its doors

1 October 2024

China’s Guangdong Energy Group is to start full operations this week at the nation’s latest LNG terminal.

Edited by

Andrew Kemp

Editor

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