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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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Hanwha Energy affirms commitment to Vietnam’s LNG-to-power sector
Hanwha Energy is already a key player in the 1.5-GW Hai Lang LNG power project in Quang Tri Province, a development valued at approximately $2.3bn.
Muted response to Malaysia’s Sepat FPSO tender despite lucrative terms
Malaysian floating production, storage and offloading (FPSO) contractors are gearing up to submit commercial bids for the country’s Sepat FPSO project, though the anticipated enthusiasm from local players appears to have cooled
Indonesia targets Singapore traders in $12bn Pertamina corruption probe
Indonesia's Attorney General’s Office has extended its corruption investigation into state energy giant Pertamina by seeking cooperation from several trading firms in Singapore, following allegations of massive financial losses tied to oil imports
New Delhi's crude import bill falls 17% in April as Russian barrels gain ground
India’s crude oil import bill fell by 17% year-on-year in April 2025 to $10.8bn, down from $13bn in the same month last year
Japan’s top refiners scale back green energy plans as costs and energy security concerns soar
This cautious repositioning also includes a pivot towards LNG, with Eneos planning to strengthen and expand its LNG operations. Demand for LNG, the company believes, will likely continue to rise until around 2040.
Japan under pressure from US over investment in Alaska LNG pipeline
Japan’s participation in the $44bn initiative remains far from assured. Concerns persist within the energy sector over both the commercial feasibility and the long-term viability of the pipeline.
Petronas and Petros move toward profit-sharing deal in Sarawak gas dispute resolution
Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are nearing a profit-sharing arrangement to resolve a long-standing dispute over gas distribution control in Sarawak, according to insights from Kenanga Research
India’s LNG imports rise 21% in April
India’s liquefied natural gas (LNG) imports rose sharply in April 2025, reaching 3.03bn cubic metres (bcm), up 21.3% year-on-year, according to provisional figures from the Petroleum Planning and Analysis Cell (PPAC)
China’s CO2 emissions go into reverse for the first time
For the first time, China, the world’s biggest emitter of greenhouse gases, has seen its CO2 emissions go into reverse and start falling, despite a rapid growth in demand for power.
Eni boosts Indonesian gas output with Merakes East start-up
Italian energy giant Eni has commenced gas production from the Merakes East field in Indonesia's offshore Kutei Basin, further strengthening its foothold in Southeast Asia’s energy market
Sapura energy’s liquidity crisis persists despite return to profitability
Sapura Energy Bhd’s external auditors have once again flagged substantial doubts over the company’s ability to continue as a going concern, even as the Malaysian oil and gas services firm posted its first annual profit in six years
Woodside explores Aramco collaboration, potential stake in $17.5bn US LNG project
Shares in Woodside, Australia's largest gas producer, jumped nearly 4% following the announcement. The agreement also includes the possibility for Aramco to secure future LNG supplies from the facility.
Iran shrugs off fresh US sanctions as 'failed' tactic amid oil sales to China
Iran’s Oil Minister Mohsen Paknejad hit back at Washington’s renewed push to choke off Iranian crude exports, calling the United States’ “maximum pressure” campaign a “worn-out slogan” and a “failed experience.”
TNB and Malakoff poised to gain from Malaysia’s first gas plant tender in nearly a decade
Tenaga Nasional Bhd (TNB) and Malakoff Corp Bhd are expected to emerge as key beneficiaries of Malaysia’s first gas-fired power plant tender in nine years, amid soaring electricity demand driven by rapid data centre growth
US turns up heat on Iran with fresh sanctions over China oil shipments
The US slapped fresh sanctions on over 20 companies accused of helping funnel billions of dollars' worth of Iranian oil to China, intensifying its “maximum pressure” campaign on Tehran even as nuclear talks with the Islamic Republic inch forward.
Petronas-Petros gas pact set to cement Sarawak’s role in LNG supply chain
An agreement on natural gas management between Malaysia’s national oil company Petronas and Sarawak’s state-owned Petroleum Sarawak Bhd (Petros) is expected to be announced imminently, Sarawak Premier Tan Sri Abang Johari Tun Openg confirmed
Malaysia's Keyfield wins offshore support contract from Petronas Carigali
Keyfield International Bhd has secured a new offshore support contract from Petronas Carigali Sdn Bhd, bolstering its operations in Malaysia's oil and gas sector
Pakistan’s oil and gas production falls in April
akistan’s oil and gas production continued its downward trend in April, with crude oil output declining by 14% year-on-year to an average of 58,890 barrels per day, while natural gas production dropped by 8%
GAIL India receives five proposals for US LNG stake, long-term supply deals
State-owned gas importer GAIL (India) Ltd has received five proposals from US companies offering equity participation in liquefied natural gas (LNG) projects, each tied to long-term supply agreements
Bangladesh to rely more on oil-fired plants to curb summer power crisis
The government of Bangladesh plans to increase reliance on oil-fired power plants and boost fuel imports to address rising electricity demand during the ongoing summer and the upcoming Eid-ul-Adha holiday
Putin, Xi pledge to fast-track progress on Power of Siberia 2 pipeline
Russian President Vladimir Putin and Chinese President Xi Jinping have instructed their respective government officials to fast-track the development of the Power of Siberia 2 gas pipeline project.
Expansion of Cedar LNG appears likely amid strong demand for Canadian LNG
Canada’s Cedar LNG is experiencing strong interest from Asian buyers, with early-stage negotiations pointing to a possible expansion terminal being added to the project.
Indonesia diversifies fuel imports amid strategic shift away from Singapore
Indonesia is significantly reducing its dependence on fuel imports from Singapore, redirecting a large share of its procurement to suppliers in the United States and the Middle East due to evolving economic and geopolitical considerations
Japan’s Eneos pivots investment from hydrogen to LNG
Japanese energy company Eneos Holdings will shift investment from hydrogen to LNG and sustainable aviation fuel.
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