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.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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

Thai Vietjet and PTT OR partner on sustainable aviation fuel for greener skies

6 June 2024

Thai Vietjet Air and PTT Oil and Retail Business (OR) have signed a Memorandum of Understanding to explore the use of Sustainable Aviation Fuel (SAF) for their operations, marking a significant step towards a more eco-friendly aviation

Indonesia targets 1.6mn BOEPD oil and gas production by 2025

6 June 2024

Indonesia's Energy and Mineral Resources Ministry has set an ambitious target for oil and gas production, aiming for around 1.6mn barrels of oil equivalents per day by 2025

Japan’s Tokyo Gas eyes a slice of Philippine LNG sector

6 June 2024

San Francisco-based law firm Morrison Foerster has successfully represented Tokyo Gas Co., Ltd in securing definitive agreements for the acquisition of a 20% stake in an LNG import and regasification terminal project located in the Philippines

Chinese demand for oil to peak by 2027: Sinopec

6 June 2024

China Petroleum & Chemical Corporation, has predicted that oil demand in China will peak before 2027

Chevron’s Australian Gorgon LNG plant suffers another outage

5 June 2024

Chevron’s Gorgon LNG plant on Australia’s Barrow Island suffered another halt to production on June 3.

TotalEnergies strikes LNG deals with Indian, South Korean buyers

5 June 2024

TotalEnergies has expanded its LNG business in Asia, entering into fresh supply deals with Indian Oil Corp and Korea South-East Power.

Thailand unveils SPR system and price regulation measures to combat high fuel costs

5 June 2024

Thailand's government is taking a two-pronged approach to address rising fuel costs.

Proposed EU sanctions on Russian LNG unlikely to affect Asian buyers

5 June 2024

Europe’s proposed new sanctions package aimed at combatting transshipments of Russian LNG is not expected to impact Asian purchasers, European Commissioner for Energy Kadri Simson told reporters in Tokyo June 3.

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.

Edited by

Andrew Kemp

Editor

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