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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)
Chinese oil imports dip 7.4% in September
Chinese oil imports dropped 7.4% month on month to 45.5mn tonnes, or 11.1mn barrels per day in September.
Japan pursues policies for emission reductions with ASEAN, foreign partners
During the last month, Japan has entered new agreements and programmes designed to reduce carbon dioxide emissions in line with policies approved by the government through its Green Growth Strategy launched in October 2020.
Iran and China in stand-off over narrower discounts on Iranian crude oil
Private oil refiners in China are reporting that Iranian sellers are now offering narrower discounts on crude, reflecting attempts to raise prices at a time of heightened tensions in the Middle East.
Thailand, Cambodia to resume talks on disputed maritime zone
Thailand and Cambodia are set to resume talks on a disputed maritime zone believed to contain billions of dollars in natural gas and oil reserves
US Export-Import Bank approves $690mn loan for Malaysian petrochemical plant
The US Export-Import Bank (Ex-Im) has approved a $690mn loan to support the construction of a petrochemical plant in Malaysia, a decision that has drawn criticism from climate activists.
Russia to supply 1 bcm of extra gas to China via Power of Siberia this year
Russia’s Gazprom is on track to supply 1 bcm more gas to China this year via the Power of Siberia pipeline than under its contractual obligation.
Indian refiners tap Venezuelan crude market
Two prominent Indian state refiners have secured substantial volumes of Venezuelan crude for November delivery
Venezuela and Saudi Arabia strengthen economic ties
Venezuela's Foreign Minister, Yván Gil, held meetings with Saudi Arabia's Ambassador to Venezuela, Abdullah Muhammad Al Saihani, to discuss expanding economic cooperation between the two nations
Vitol sells Venezuelan oil to India
Two state-owned Indian refiners have purchased 2mn barrels of Venezuelan crude oil from trading house Vitol for delivery in November.
West Australia should "prepare for storm" of gas supply shortfall in early 2030s
Western Australia’s decision to allow the export of more onshore gas production this decade does not endanger domestic supply and will spur upstream investment, Adelaide-based consultancy EnergyQuest said in a report this month.
Valeura boosts Nong Yao output off Thailand by two thirds
Valeura Energy has ramped up oil production at the Nong Yao field off Thailand by two thirds.
Petronas launches seismic survey in two Surinamese blocks
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
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
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
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
Thailand energy ministry prepares for Middle East conflict
Pertamina discovers new oil and gas resources in Sulawesi
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
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
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
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
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
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
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