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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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Read a recent issue cover to cover (click the image below)
Saudi prince assures Japan of stable crude supply, clean power joint efforts
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
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
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
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
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
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
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
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.
Russia to open first Far East LPG terminal by end of 2025
Russia is set to open its first LPG terminal on the shore of the Pacific Ocean by the end of next year, a project backed by Chinese investment.
India's LNG import terminals see surge as market stabilises
India's liquefied natural gas import terminals see increased activity in 2024 as global gas market conditions stabilise
Shell kicks off coalbed methane well campaign in Queensland
Shell’s Queensland-based QGC division in Australia has begun working on onshore wells targeting coalbed methane resources in the Western Downs region.
Gazprom uses African route to ship Portovaya LNG to China
Tankers carrying LNG from Gazprom's Portovaya terminal in northwest Russia began making their way to China around Africa this spring, avoiding the shorter route via the Red Sea because of the risk of attacks by Houthi rebels.
Russia's seaborne ESPO exports on track for May record
Russian seaborne exports of ESPO blend oil are on track to surge to a new record in May.
AsianOil: Pavilion Energy, bp Singapore agree long-term LNG supply deal to power city state
Indonesia to cut fuel subsidies in 2025, saving $4.17bn
The Indonesian government has announced plans to reduce fuel subsidies and compensation starting in 2025, a move expected to save the national budget IDR67.1 trillion
Fire erupts at Pertamina Balikpapan Refinery; no casualties reported
A significant fire broke out at the Kilang Pertamina Internasional oil refinery in Balikpapan, East Kalimantan, early May 25 morning
Malaysian sovereign fund sues PetroSaudi CEO for $1.83bn over fraudulent oil deal
Malaysia's sovereign wealth fund, 1MDB, has launched a lawsuit seeking $1.83bn from Patrick Mahony, CEO of PetroSaudi International, citing fraudulent activities in a joint venture for oil exploration
PANNIER: Russia is pushing Turkmenistan out of the natural gas market
Moscow’s moves to take over Central Asian pipeline capacity for deliveries to China might explain unusual urgency in the Turkmen search for new customers.
CNOOC signs E&P deal for five oil and gas blocks offshore Mozambique
State-run China National Offshore Oil Corporation (CNOOC) has signed concession contracts for oil exploration and production with Mozambique’s Ministry of Mineral Resources and Energy and the national energy company ENH.
Indonesia, ExxonMobil and KNOC plan CCS facility in offshore Asri basin
Indonesia, ExxonMobil and KNOC plan development of CCS facility in offshore Asri basin.
Pakistan’s PRL seeks expansion with Chinese investment
Chinese firms have expressed keen interest in partnering with Pakistan Refinery Ltd. (PRL) for its expansion and upgrade project (REUP), marking a significant development for Islamabad's energy sector
China's fuel oil imports reach record high amidst surge from Venezuela and Iran
China saw a significant uptick in fuel oil imports in April, marking a notable 10% increase from the previous year, according to data from the General Administration of Customs.
New plan for getting Turkmen gas to Europe – pipe it to Pakistan and ship it as LNG
Pakistani petroleum minister outlines proposal at energy symposium. Says TAPI pipeline could be completed solely with Islamabad and Ashgabat funding.
Pavilion Energy, bp Singapore agree long-term LNG supply deal to power city state
Pavilion Energy Trading & Supply and bp Singapore have finalised a decade-long agreement for the annual supply of approximately 0.8mn tonnes of LNG to Singapore
India likely to buy more Russian oil despite lowering discount
India’s reliance on crude oil imports is poised to increase further in 2024, after hitting a new high of 87.8%, driven by surging demand for petroleum products amid stagnant domestic production
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