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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)
Niger, CNPC sign $400mn crude oil sale draft deal
PV Drilling rides high on soaring oil prices and rig demand
PetroVietnam Drilling and Drilling Services Corporation reported a robust first quarter of 2024, driven by full utilisation of its rigs and a significant increase in unit rental prices
India braces for economic impact amid Iran-Israel conflict
Economists in India anticipate the conflict could drive crude oil prices above $100 per barrel, but assert that the country is equipped to manage within that price range
PV Power secures $300mn loan for Vietnam's first LNG power plants
PetroVietnam Power (PV Power), Vietnam's second-largest electricity producer, has secured a $300mn short-term loan from Citibank and ING
Pakistan risks US wrath over intent to complete Iran gas pipeline
Iranian President Ebrahim Raisi plans to arrive in Pakistan on April 22 for talks with Pakistani leaders on regional security and improving economic ties and trade. Top of agenda will be the long-planned, long-delayed Iran-Pakistan gas pipeline.
KOGAS teams up with Hyundai on latest LNG pump tech
Korea Gas Corp. (KOGAS) revealed an important partnership with Hyundai Heavy Industries Turbomachinery earlier in the month aimed at advancing the manufacture of a vital component crucial for natural gas extraction infrastructure.
China moves past India as top importer of Russian crude via sea
China has emerged as the foremost purchaser of Russian seaborne crude, outstripping India's import volumes, according to data from energy cargo tracker Vortexa
Multi-billion dollar integrated gas and power project in Vietnam takes FID decision: Mitsui of Japan
Vietnam's long-anticipated mega Block B gas project, a multi-billion dollar endeavour, has reached a final investment decision, as announced by Mitsui, a Japanese joint venture partner in the project
Iranian oil sanctions evasion, illicit cargo bound for Bangladesh for the second time
In a recurring attempt to circumvent international sanctions, illicit Iranian oil is once again en route to Bangladesh, with its anticipated arrival at the Chittagong anchorage scheduled for April 10
Australia's future gas strategy needs to recognise value of LNG, industry says
Australian oil and gas producers have urged the government’s future gas strategy to stress the importance of LNG exports.
Australian East Coast to enjoy small gas supply in Q3
Australia’s east coast will likely enjoy a small surplus in gas supply in the third quarter of this year.
Australian gas firms need new strategy for declining market: IEEFA
A report recently released by the Institute for Energy Economics and Financial Analysis (IEEFA) warns Australian gas companies that a declining market will make it necessary for them to devise a new strategy in order to stay in business.
PetroChina to expand LNG fleet fourfold
State-owned China National Petroleum Corp. (CNPC) revealed ambitious plans to significantly ramp up its fleet of LNG vessels to position itself to take a larger slice of the pie in the global LNG resale market.
Crude oil prices remain in motion amid Middle East uncertainty
Fresh talks between Israel and Hamas at the start of the week prompted Brent and WTI prices to slip from higher prices during the previous week, but a lack of progress in the talks by mid-week and a pending new attack by Israel prompted concern.
Uganda confirms China’s commitment to EACOP completion
Indonesia’s Director General of Oil and Gas visits Tambun Collection station to monitor exploration activities
Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, Tutuka Ariadji, along with his team, visited the Tambun Collection Station while monitoring the development of oil and gas exploration activities
Thai companies team up to develop sustainable aviation fuel
Bangkok Aviation Fuel Services Public Company Limited and Energy Absolute Public Company Limited announced a joint venture plan on April 4, 2024, to explore the production of sustainable aviation fuel
Fuel price surge looms over Pakistan amid global oil rate spike
In April 2024, Pakistan is poised to experience a notable increase in petrol and diesel prices, attributed to a surge in global oil rates and the government's intention to elevate levies on all petroleum oil lubricants
Pakistan to reverse gas price surge to safeguard industrial sector
The Federation of Pakistan Chambers of Commerce & Industry has sounded the alarm regarding the persistent rise in energy prices, cautioning that this trajectory could spell the closure of numerous industries, exacerbate unemployment, and more
Chevron exits Myanmar's Yadana gas project, PTTEP takes control
PTT Exploration and Production Public Company Limited announced today that Chevron subsidiary Unocal Myanmar Offshore Company Limited has completed its withdrawal from the Yadana natural gas project in Myanmar
Bangchak's subsidiary OKEA greenlights Brasse field development in Norway
Bangchak Corporation Public Company Limited's subsidiary, OKEA ASA, has made a final investment decision to develop the Brasse petroleum field in the Norwegian Sea
Vietnam unveils ambitious power plan: LNG, renewables & grid expansion
Vietnam has laid out a comprehensive roadmap for its power sector with Decision No. 262/QD-TTg. The plan prioritises a mix of imported liquefied natural gas, domestic gas, and renewable energy sources to achieve a total capacity of 56.3 GW by 2030
Pakistan to begin construction work on gas pipeline before Iranian president’s visit in April
Preparations are underway in Pakistan to break ground on a much-delayed pipeline to receive Iranian natural gas ahead of a possible visit by Iranian President Ebrahim Raisi to Islamabad this month.
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