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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.
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.
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Rise of LNG-fuelled trucks tempers China’s gasoil demand
Increasing sales of LNG-fuelled heavy-duty trucks as a substitution for diesel-powered trucks could mean China has reached or will soon reach peak demand for gasoil.
Singapore's onshore fuel oil stocks drop after four-week rise
Singapore's onshore fuel oil stockpiles experienced a significant decline in the week ending June 26, following a four-week upward trend, according to recent data released on June 27,
Petrovietnam profits slide despite revenue growth
Vietnam National Oil and Gas Group reported a mixed bag in its 2023 financial results
Petronas and Vestigo ink production-sharing deal for Sabah gas fields
Petronas, through Malaysia Petroleum Management, signed a small field asset production-sharing contract with Vestigo Petroleum Sdn Bhd for a Discovered Resource Opportunity cluster promoted under the Malaysia Bid Round Plus
Australia’s East Coast wrestles with concerns over potential gas shortage
Despite the huge gas resources, Australia’s population centres along the East Coast are facing a winter during which there could be shortages of gas supply to keep power generation stations going full tilt.
Pertamina seeks additional gasoil amid refinery shutdown
Indonesia’s state-owned oil giant Pertamina is looking to secure an additional 1.5mn barrels of 2,500 ppm sulphur gasoil for July delivery
India announces new LNG plant to be built in Madhya Pradesh
India’s state-run Oil and Natural Gas Corporation has signed a deal with the Indian Oil Corporation for the development of a small-scall LNG facility in the state of Madhya Pradesh.
Genting awards $1bn FLNG deal to Wison New Energies
Malaysia’s Kuala Lumpur-based Genting has awarded a $1bn contract to China’s Wison New Energies for the construction of a floating liquefied natural gas facility, to be stationed at Teluk Bintuni in West Papua.
Putin hints at increased Russian energy deals with Vietnam
Russian President Vladimir Putin has expressed interest in enhancing energy and security collaboration with Vietnam.
Regional governor in the Philippines behind firm that stands to benefit from LNG expansion
A recent investigation has revealed that a prominent Philippine politician, who has vigorously promoted the use of natural gas in the country, has links to a company poised to gain significantly from its development
Malaysia sees 30% drop in diesel pump sales post-subsidy cut
Malaysia has experienced a significant 30% decline in retail diesel sales at pump stations following the government’s decision to reduce fuel subsidies on June 10
Thailand looks into oil-smuggling ships with links to police force
Thai authorities have initiated an investigation into the disappearance of three seized oil-smuggling vessels, amid suspicions of police collusion, according to local media reports
South Korea's investment in LNG infrastructure raises concerns
Experts are warning that South Korea's multi-billion-dollar investments in LNG carrier infrastructure may one day turn into an obscenely expensive white elephant.
Chevron’s Wheatstone LNG returns to full production
US supermajor Chevron’s Wheatstone LNG plant in Western Australia returned to full production over the weekend.
China's Wison New Energies to quit Russian projects
In what is being seen as a major blow to the trouble-hit Arctic LNG 2 project, leading Chinese engineering firm Wison New Energies has announced its own withdrawal from all ongoing Russian projects
Fossil fuel use reaches global high
A new report finds that fossil fuel energy use rose to a record high in 2023, despite efforts to combat climate change.
Global gas flaring at highest level in five years
In 2023, the volume of gas flared globally rose by 9bn cubic metres to 148 bcm, the highest level since 2019, according to a new World Bank report. This is despite efforts to curtail the practice because of climate change.
Vietnam's new refinery seeks export approval as domestic demand falters
Vietnam's Nghi Son oil refinery, a major new player in the regional fuel market, is seeking government approval to export petroleum products
Gazprom pivots to bolster oil trade amid struggling gas sales
Russia’s state-run gas giant Gazprom has its eyes set on expanding oil trading as the company looks to rebound after reporting a $7bn loss in 2023, Reuters reported on June 21 citing sources familiar with the firm’s trading.
AsianOil: Shell snaps up Asian LNG trader Pavilion
Russian oil exports to India in May hit record high
Russia’s oil exports to May climbed to a record high of approximately 2.1mn barrels per day.
ENEOS the latest to sign up Qatari naphtha supplies
ENEOS has signed a long-term deal for naphtha supply offtake from QatarEnergy.
State-owned oil and gas company Pertamina NRE targets 6 GW of clean energy by 2029
Pertamina New & Renewable Energy (Pertamina NRE), a division of the state-owned energy giant Pertamina, aims to achieve an installed capacity of 6 GW of clean energy power plants by 2029
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