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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)
Malaysia’s energy shipping company MISC to welcome former Shell executive as new CEO
MISC, the shipping arm of Malaysia’s national energy company Petronas, is set to appoint a new chief executive next week.
India to introduce 20% bio-aviation fuel over next five years
India’s Road Transport and Highways Minister Nitin Gadkari on August 7 announced that the aviation sector is poised to integrate 20% bio-aviation fuel over the next five years.
Multiple South Korean LNG projects face the axe on back of lack of economic benefits
In the same month that even mainstream media outlets are highlighting the increased shipments of US-origin LNG to Asia in recent weeks, to China and South Korea in particular. A number of LNG projects in peninsula Korea are facing closure.
Malaysia’s Sarawak state looks to take over Petronas gas assets on Borneo
Malaysia’s largest state, Sarawak, which is located on the island of Borneo, now finds that it can move ahead with plans to exercise autonomy due to the political conditions in the country.
Indonesia’s PT Pertamina International achieves higher oil and gas production in first half of 2024
PT Pertamina International Exploration and Production reported oil and gas production of 227,000 barrels of oil equivalent per day in the first half of 2024.
TotalEnergies sells stake in Pakistani oil marketing firm to Gunvor
French energy giant TotalEnergies has agreed to sell its 50% stake in Pakistani oil marketing firm Total PARCO Pakistan Ltd. to commodities trader Gunvor.
Valeura to resume output at Thailand's Wassana field
Canada-based oil and gas company Valeura Energy is set to resume production at its Wassana oilfield in the Gulf of Thailand, a month after operations were halted due to a structural issue.
New South Wales mulls changes to renewable fuels strategy
Australia's New South Wales state is considering revising its renewable fuels strategy to support its emission reduction targets and achieve net zero by 2050.
Singapore launches carbon trading platform
Singapore has officially launched the Singapore Carbon Market Alliance, a platform aimed at better connecting buyers and sellers of carbon credits.
Indonesia’s Pertamina increases prices of non-subsidised fuels
PT Pertamina (Persero), through PT Pertamina Patra Niaga, has officially raised the prices of several non-subsidised fuel products, including Pertamax Turbo (RON 98), Pertamax Green 95, Dexlite, and Pertamina Dex, as of August 2
Indonesia intensifies oil and gas exploration in eastern regions
The Indonesian government is ramping up oil and gas exploration in the eastern regions of the country. The focus is on five key areas: Buton, Timor, Seram, Aru, and Warim
LNG price cap in Vietnam could harm gas-fired power targets
Vietnam's ambition to have LNG account for 15% of its power capacity by 2030 faces significant challenges.
India's ONGC reports decline in Q1FY25 profit
Indian state-owned energy company Oil and Natural Gas Corporation posted a standalone profit of INR89.38bn for the April-June quarter.
Indonesia to boost oil production by 100,000 barrels per day with new oil fields
The Ministry of Energy and Mineral Resources has announced an increase in oil production exceeding 100,000 barrels per day with the upcoming start-up of six new oil and gas fields between 2024 and 2027
MOL gets greenlight for wind-assisted LNG carrier
Japanese shipping giant Mitsui O.S.K. Lines was granted approval in principle from Nippon Kaiji Kyokai to commence design for a membrane LNG vessel, which will feature the installation of Wind Challenger, a wind-assisted power propulsion system.
US LNG exports shift from Europe to Asia in July
US LNG exports are increasingly being bought up by Asian purchasers at the expense of European buyers data for July deliveries revealed.
Malaysia’s state Sarawak gains control over natural gas assets amid push for economic independence
Sarawak, Malaysia's largest state, is on the verge of reclaiming control over its natural gas resources from federal entities, marking a significant stride in its campaign for greater economic autonomy
Petronas launches brand licencing initiative with SIM Distribuidora in Brazil
Petroliam Nasional Bhd (Petronas) has initiated its first brand licencing programme through a collaboration with SIM Distribuidora.
Asian LNG imports climb as demand in Europe remains muted
Asia is poised to post its highest LNG import numbers since the start of the year in July as demand surges despite rising spot prices in the region.
Indonesia's upstream oil and gas projects to attract $3.5bn investment
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has announced plans for the development of 133 non-national strategic projects in Indonesia's upstream oil and gas sector by 2029
Australia issues new exploration permits amid growing concern for domestic gas supplies
Indonesia denies Rosneft's withdrawal from Tuban refinery project, cites renegotiation amid geopolitical tensions
Investment Minister Bahlil Lahadalia has dismissed rumors that Russian oil giant Rosneft is pulling out of a refinery project in Tuban, East Java
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