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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)
Malaysian shipping company MISC's takeover of FPSO Kikeh sees marginal impact, analysts say
Malaysia-based international shipping company MISC Bhd’s recent acquisition of the remaining 49% equity interest in the FPSO Kikeh, offshore Sabah, is expected to have a marginal impact on earnings and valuations, according to analysts,
OPEC+ delays planned unwinding of cuts amid pressures
In June, eight members, including Saudi Arabia, Russia, Iraq and the UAE, said that they would begin unwinding some of their “voluntary” cuts from October.
Heavyweights Saudi Aramco, Abu Dhabi National Oil Company join race to acquire Shell's downstream unit in South Africa
Premium energy basins: Focus on emissions reduction as oil and gas demand persists [Energy Insights]
Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary energy demand.
Bangladesh’s interim government to review power, energy deals from Awami League era
Bangladesh’s interim government is set to review all deals signed in the power and energy sector during previous Awami League administrations, according to a report.
Shell to cut 20% of exploration staff as CEO expands cost-saving drive to core oil business
CEO Wael Sawan is targeting a 20% cut in these divisions, extending his cost-saving initiatives beyond the previously affected renewables and low-carbon segments.
China warns Malaysia to cease actions off Sarawak
Pertamina and Tanzania's TPDC sign MoU to strengthen oil and gas collaboration
PT Pertamina (Persero), through its subsidiary PT Pertamina International EP (PIEP), has signed a Memorandum of Understanding (MoU) with Tanzania Petroleum Development Corporation (TPDC) to enhance cooperation in the oil and gas sector
LNG tankers face delays at Malaysia’s Bintulu terminal amid maintenance disruptions
A significant number of liquefied natural gas tankers are currently delayed at Malaysia's Bintulu terminal due to recent production disruptions caused by maintenance and operational issues, according to industry insiders and ship-tracking data.
New Zealand looks at an about-turn on oil and gas exploration
On August 26, the New Zealand government declared an intent to reverse a long-standing ban on the search for oil and gas in the country.
Vires Energy cancels Batangas FSRU terminal
Vires Energy Corp, a subsidiary of Filippino businessman Walter Brown’s A. Brown Co., is dropping its notice to proceed for an LNG terminal planned for Batangas in the Philippines.
China's CNOOC earns record profit in H1
Chinese offshore oil and gas giant CNOOC reported a record profit for the first half of the year, driven by increased production and higher oil prices.
Malaysia's Sarawak state launches bidding round for CCUS
Petros, the state-owned energy firm of Malaysia’s Sarawak state, has launched an ambitious bidding round for carbon capture, utilisation and storage projects.
Tokyo Gas invests $25mn in global carbon credit fund
Japanese gas firm Tokyo Gas announced on September 2 it would invest up to $25mn in Climate Asset Management's nature-based carbon fund.
Mexico Pacific secures 20-year LNG supply deal with South Korea’s POSCO
Mexico Pacific has sealed a 20-year supply deal with South Korean industrial giant POSCO to sell the company 0.7mn tonnes per year of LNG.
Analysts lower oil price outlooks: China largely to blame
Oil industry analysts have lowered their 2024 oil price outlooks on the back of continued weak fuel demand from China as well as rising inventory levels
Black oil lumps Mar Nha Trang coastline
AsianOil: Papua LNG FID expected to be delayed until late 2025
India's ethanol blending surges to 15% as government targets 20% by 2025
India's ethanol blending percentage has seen a significant rise, increasing from 1.53% in 2014 to 15% in 2024, according to Hardeep Singh Puri, the Minister for Petroleum & Natural Gas, who made the announcement on September 2.
China’s imports of Iranian crude surge to 11-year high in August
China’s imports of Iranian oil last month hit a record high of 1.75mn barrels per day in 11 years, the latest data from Belgian analytics group Kpler suggests.
Indonesian energy minister sets oil and gas production targets for 2025
The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, announced that the oil lifting target in the 2025 State Budget Plan (RAPBN) is set at approximately 600,000 barrels per day
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