AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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. 

We also include “Country Profiles,” offering multi-dimensional analysis on individual regions, from the broad perspective of political and policy news, to on-the-ground information on projects and production via our network of journalists and contributors.

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Read a recent issue cover to cover (click the image below)

Jera to offload 15% in Freeport LNG as Scarborough again comes to the fore

5 June 2024

Japan's largest LNG importer, Jera, has decided to divest part of its stake in the operator of the 15mn tonne per year Freeport LNG export project in Texas to Japanese upstream developer Japex

Power of Siberia 2 talks reportedly in deadlock over Beijing's demands on prices, supply volumes

4 June 2024

Negotiations between China and Russia on developing a second Power of Siberia gas pipeline are in deadlock because Beijing is making demands on price and supply levels that Moscow views as unreasonable.

Argus launches price assessments for Urals delivery to China

4 June 2024

Energy and commodity price reporting agency Argus has launched new prices for Russian Urals oil that is supplied to China.

GEM report warns of fossil fuel dependency from gas expansion in Southeast Asia

4 June 2024

A new report from the Global Energy Monitor reveals that the expansion of gas-fired power plants and liquefied natural gas facilities in Southeast Asia, including Indonesia, will maintain the region's reliance on volatile fossil fuels

Indonesia pushes natural gas adoption in households to cut LPG dependency

4 June 2024

The Ministry of Energy and Mineral Resources (ESDM), through its Directorate General of Oil and Gas, is actively promoting the use of natural gas in Indonesian households via the Jargas programme

India halts Venezuelan oil imports amid US sanctions

3 June 2024

India ceased oil purchases from Venezuela last April, coinciding with the United States' decision not to extend sanctions relief on Venezuelan crude, according to the spokesperson for Indian Foreign Minister Randir Jaiswal.

ENI to invest $14.8bn in Indonesia’s deepwater development project

3 June 2024

Italian oil and gas giant ENI is set to inject a substantial $14.8bn into the Indonesia Deepwater Development project, according to the Upstream Oil and Gas Regulatory Task Forces

Indonesia advances sustainable aviation fuel initiative using recycled cooking oil

31 May 2024

Indonesia is making significant strides towards a greener aviation industry by developing Sustainable Aviation Fuel (SAF) using used cooking oil, known locally as "minyak jelantah," to produce environmentally friendly jet fuel

Bangladesh’s LNG supply drops as floating terminal suffers damage

31 May 2024

Gas supply across Bangladesh has plummeted following the damage inflicted on one of its two Floating Storage and Regasification Units (FSRU) during Cyclone Remal

India’s ONGC seeks to form joint venture for biogas plants

31 May 2024

Indian state owned Oil and Natural Gas Corp. is set to establish a joint venture with the private Indian firm EverEnviro Resource Management Pvt Ltd to develop 10 compressed biogas plants

Thailand’s gas demand expected to increase by almost 6% during the next decade.

30 May 2024

Reports indicate that gas and LNG will be increasingly vital in meeting Southeast Asia's energy needs, particularly in Thailand, as the region transitions to cleaner and more sustainable energy sources.

Vitol and South Korea’s KOMIPO extend LNG supply deal until 2028

29 May 2024

Swiss-based commodities trader Vitol has agreed with Korea Middle Power to extend its LNG sales and purchase agreement until 2028.

European LNG prices soar to 5-month high

29 May 2024

European LNG prices have climbed to a 5-month high amid tightness in European LNG supply due to increased demand globally and ongoing geopolitical risk factors.

Saudi prince assures Japan of stable crude supply, clean power joint efforts

29 May 2024

Saudi Arabia’s Crown Prince Mohammed bin Salman has assured Japan of stable crude oil supplies to Tokyo after talk of concerns in the Japanese capital over long-term supplies continuing at existing rates.

JERA considers reducing investment in Australia if Canberra does not move to reduce LNG costs

29 May 2024

Japan's leading power generator JERA cautioned on May 23 that it may seek LNG purchases and investments in Asia, the Middle East and the United States if Australia does not provide adequate financial support to reduce costs.

Pakistan moves forward with supply agreement between GO Petroleum, Saudi Aramco

29 May 2024

An exemption for certain clauses of a supply agreement between Saudi oil major Saudi Aramco and Pakistan’s Gas & Oil Pakistan Ltd. (GO Petroleum) has been granted by the Competition Commission of Pakistan (CCP).

Indian refinery Reliance Industries inks 3mn barrels of oil a month oil supply deal with Russia’s Rosneft

29 May 2024

India's Reliance Industries, the operator of the world's largest refining complex, has signed a one-year deal with Russia's Rosneft to purchase at least 3mn barrels of oil per month paid for in rubles.

India invites bidding for two small oil, gas fields, CBM site

29 May 2024

India is requesting offers in a special upstream bidding round for rights to develop two small-sized oil and gas discoveries in the Mumbai offshore zone and a coalbed methane gas field in West Bengal.

State-owned gas company PGN completes $396.7mn bond repayment, bolstering financial stability

29 May 2024

PT Perusahaan Gas Negara, a subsidiary of Indonesia's state-owned energy company PT Pertamina, has successfully repaid the remaining $396.7mn of its bonds

Cape of Good Hope emerges as top route for US LNG cargoes to Asia

28 May 2024

US LNG exporters have pivoted to shipping cargoes to Asia around the Cape of Good Hope in the first half of 2024.

Santos strikes LNG supply deal with Japan's Hokkaido Gas

28 May 2024

Australia’s second-largest gas producer Santos has signed a binding deal to supply 0.4mn tonnes of LNG annually to Japan’s Hokkaido Gas over a ten-year period.

Edited by

Andrew Kemp

Editor

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