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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.
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.
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Iraq rises to become fourth largest oil supplier to China in June
The statistics reveal that Iraq's oil exports to independent Chinese refineries reached 1.3mn tonnes in June 2024, equivalent to 9.8mn barrels.
Japan increases CCS project tally with nine new picks in Asia, Oceania
The Japan Energy and Metals National Corp. (JOGMEC) has selected nine new CCS projects, deeming them “Advanced CCS Projects” for fiscal year 2024, with the intention of putting them into operation by 2030.
Thailand's excise department expedites carbon tax, considers battery tax reform
Thailand's Excise Department is accelerating its implementation of a carbon tax, aiming for Cabinet approval within the next 1-2 months. The move underscores the department's commitment to environmental sustainability and broadening its tax base
Thailand debates oil reserve hike: security vs. cost concerns
Thailand is revisiting the idea of significantly increasing its oil reserves, sparking debate between security concerns and economic costs.
The Ministry of Energy and Mineral Resources urges oil and gas contractors to utilise or return idle working areas
The Ministry of Energy and Mineral Resources has called on Oil and Gas Cooperation Contract Contractors to either develop potential but idle oil and gas working areas or return them
Pertamina Internasional expands with new Middle East office in Dubai
PT Pertamina Internasional EP (PIEP), the international subsidiary of Pertamina’s Upstream Subholding, has expanded its operations by opening a new branch office in Dubai, United Arab Emirates
Thailand's fuel consumption trends show varied patterns in 2024
Thailand's Department of Energy Business has reported on the country's fuel consumption trends for the period January to May 2024, revealing nuanced shifts across different fuel types and sectors.
India’s regulatory board drafts new rules for LNG industry terminals
India’s Petroleum and Natural Gas Regulatory Board is reported to be considering the introduction of more regulatory controls over the country’s LNG terminals to make their operation more transparent and to better utilise existing infrastructure.
Finding foreign Vostok Oil partners may be a challenge
Rosneft is sitting on a huge oil resource that can provide low-cost crude in ample quantities. But it will be a challenge securing any international support to fully capitalise on that resource.
CNOOC brings on stream new South China Sea field
China’s state-owned CNOOC has launched production at the Enping 21-4 oilfield in the eastern South China Sea.
Santos shares jump on report of Saudi Aramco, ADNOC interest
Shares in Australian gas producer Santos Ltd (STO.AX) surged 6.5% on July 4 following a Bloomberg News report that Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are separately considering bids for the company.
Renewed tensions as Philippines’ UN submission reignites Sabah dispute with Malaysia
A recent Philippine submission to the United Nations over seabed territory claims has sparked strong objections from Malaysia, rekindling a longstanding territorial dispute over Sabah in northern Borneo
Pertamina seeks $280mn non-cash state capital injection for gas and refueling assets
PT Pertamina has submitted a request for a non-cash state capital injection amounting to $280mn, consisting of state-owned assets
Canadian crude shipped to Asia via California
A potentially cheaper journey for heavy oil sands crude is from British Columbia to Asia via California, report Bloomberg. This is because only smaller tankers can dock in Vancouver in British Columbia.
MOL of Japan takes full ownership of LNG Rose Shipping for $32mn
Mitsui OSK Lines (MOL) has announced its decision to acquire the full 50% stake owned by Itochu Corporation in LNG Rose Shipping. In doing so it will make the LNG carrier company a wholly owned subsidiary of MOL.
Baker Hughes signs 10-year deal to support Woodside’s Australian LNG operations
US oil services firm Baker Hughes has signed a 10-year services frame deal to provide support to Australian company Woodside Energy in its LNG operations.
Pakistan looks to renegotiate existing LNG deals with Qatar
The government of Pakistan plans to seek Qatar's permission to sell LNG cargoes on the spot market if domestic demand decreases, a senior official from the nation’s Ministry of Energy revealed on June 28
New Indian LNG terminal builds to see increased regulation
The Petroleum and Natural Gas Regulatory Board of India has issued a preliminary draft with the intention of limiting control over the county’s LNG terminals.
Russia makes inroads in Vietnam
Russia’s Zarubezhneft and Novatek are set to expand their positions in Vietnam, after agreements reached during a visit to the southeast Asian country by Russian President Vladimir Putin last month.
Gazprom to launch Far East gas supplies to China by 2027, says CEO
Gazprom will commence pipeline gas supplies to China via a planned Far Eastern route in 2027.
PT Pertamina Hulu Rokan boosts oil and gas production through aggressive exploration
PT Pertamina Hulu Rokan is actively enhancing its oil and gas production following the management transition of the Rokan Block
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