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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)
Indonesia to launch low-sulphur fuels amid fiscal concerns
Starting September 1, the Indonesian government will begin distributing low-sulphur fuels in an initiative aimed at reducing air pollution in Jakarta and potentially other major cities
Indonesia's energy and mineral resources ministry boosts efforts to manage five available oil and gas blocks
The Indonesian government, through the Ministry of Energy and Mineral Resources (ESDM), continues to push for the management of five available oil and gas blocks
Indian LNG imports climb in June on demand from gas power bodies, fertiliser industry
India’s imports of LNG rose in June by 11% to 2,648mn standard cubic metres. This was largely the result of the country’s gas consumption increasing by 7%.
Thailand weighs challenges of Russian oil import amid economic considerations
Thailand's ongoing discussions with Russia over potential oil imports have highlighted several economic and logistical challenges.
Russian seaborne oil exports drop to lowest level in January
Russia’s four-week average for oil exports up to July 14 sunk to its lowest level since January.
Malaysia targets larger portion of worldwide LNG market
Malaysia is poised to enhance its global footprint in natural gas trading, as the nation’s oil and gas giant Petroliam Nasional Bhd, more commonly known as Petronas, ramps up its international investments.
Japanese petroleum industry chief calls for advance forecasts amid jet fuel shortage
The head of Japan's petroleum industry has called on international airlines to provide flight schedules and jet fuel demand forecasts as far as a year in advance to address a jet fuel shortage at Japanese airports
Indonesia’s Special Task Force for Upstream Oil and Gas Business Activities reports $5.6bn investment in upstream oil and gas for H1 2024
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) revealed an upstream oil and gas investment of $5.6bn, equivalent to IDR90.63 trillion, in the first half of 2024
Exxon Mobil sells Malaysian oil and gas assets to Petronas
Exxon Mobil Corp has reached an agreement to sell its Malaysian oil and gas assets to state-owned energy firm Petronas, marking its exit from the country's upstream sector where it once held a dominant position
Malaysia detains oil tanker after collision and escape incident
A substantial oil tanker, flagged by Sao Tome and Principe, has been apprehended by Malaysian authorities after a collision and subsequent escape off Malaysia's coast
Decline in gas lifting prompts call for accelerated oil and gas development
Finance Minister Sri Mulyani Indrawati reported a decline in average gas lifting from 955,000 barrels of oil equivalent per day in the first half of 2023 to 918 kboepd in the first half of 2024.
State-owned subsidiary Pertamina Hulu Rokan discovers new oil and gas reserves in Rokan block
PT Pertamina Hulu Rokan continues its extensive exploration activities following the takeover of the Rokan Block in 2021.
Indonesian government to launch environmentally friendly fuel soon
The government is set to release a new, more environmentally friendly fuel in the near future.
Canada’s Asian oil exports to grow
Asia oil imports from Canada’s Trans Mountain expansion are ramping up, and are expected to increase starting in September.
India plans major autumn bidding round, minister says investment opportunities worth $100bn
India’s Directorate General of Hydrocarbons is planning to launch the country’s 10th bidding round in August or September this year. The new search for oil and gas assets on- and offshore India will come under the Open Acreage Licensing Policy.
Cambodia's fuel demand heats up in first half of 2024
Cambodia's thirst for oil is on the rise, with imports of diesel fuel and petroleum oils surging by 22% in the first half of 2024, according to a report released by the Ministry of Commerce on July 16
BP: oil demand and emissions will peak in 2025
Oil super major BP's latest outlook on global energy trends suggests a potential peak in worldwide oil demand as early as next year, a development that could mark a significant turning point in global carbon emissions by 2025.
CNOOC reports strong test-flow result in Bohai Bay
China's state-owned offshore oil and gas operator CNOOC announced on July 15 a strong result at a discovery well in the Bohai Bay.
Global oil supply to continue outstripping demand in H2: IEA
Global oil demand in the second half of this year will be higher than supply, putting upward pressure on prices.
Longboat wraps up Norwegian sale, focuses on Malaysia
London-listed Longboat Energy reported on July 15 it had completed the sale of its Norwegian business for $2.5mn, as it looks to shift its focus to assets in Malaysia.
The world needs $8.2 trillion in upstream gas investment to meet demand in 2050: GECF
Meeting projected global demand for natural gas in 2050 will require some $8.2 trillion in investment in exploration and production.
AIM-listed Petro Matad wants initial oil production at Mongolia Heron field by year-end
Southeast Asia is looking forward to a $100bn offshore gas production investment bonanza
Southeast Asia is looking forward to an offshore gas production investment bonanza where investment more than double to $100bn in the coming years as long-delayed projects receive their FIDs thanks to a growing demand for energy in the region.
Vietnam proposes tighter regulations for key petroleum traders
Vietnam's Ministry of Industry and Trade (MOIT) has proposed stricter regulations for key petroleum trading enterprises in the third draft of the Decree on petroleum trading.
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