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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)
Brunei’s Sultan calls for unified strategy in key energy sector meetings
Sultan Haji Hassanal Bolkiah of Brunei has called for collaborative efforts to address upcoming challenges during board meetings of the nation’s leading energy companies.
Russian oil figures to China via Kazakhstan drop slightly in 2024
Russia’s oil shipments to China via Kazakhstan have remained largely stable throughout 2024, data from Kazakhstan's pipeline operator, KazTransOil, indicate.
Punjab Agricultural University collaborates for paddy straw-based biogas plant
Punjab Agricultural University (PAU) has partnered with Panj Aab Bio Fuel & Fertilizers Private Limited, Ludhiana, to commercialise a paddy straw-based biogas plant using above-ground mild steel (MS) sheet technology
Singapore’s Eastern Pacific shipping to install wind-assisted propulsion on new MR tanker
Singapore’s Eastern Pacific Shipping (EPS) has signed an agreement with Spain’s bound4blue to install three 22-metre eSAILS on a new medium-range (MR) tanker under construction at China’s New Times Shipbuilding
Bangladesh secures investment from Chevron, picks LNG suppliers
The new government in Dhaka is addressing Bangladesh’s energy concerns by settling arrears with Chevron and clearing way for new gas exploration. It has also compiled a new list of potential spot LNG suppliers.
Indian traders dropping Russian oil shipments due to lack of profit
Large numbers of small-scale trading firms and intermediaries have recently ceased trading Russian crude oil with India due to soaring Russian interest rates and rising trade financing costs
Pakistan, Russia look at working together on oil and gas exploration
Reports stemming from intergovernmental meetings in Moscow between Russia and Pakistan suggest officials from both countries have held discussions on offshore oil and gas exploration, as well as bilateral cooperation on refining.
India targeting 15% share of natural gas in the energy mix by 2030
India's energy sector is witnessing a major shift towards cleaner energy sources, with the government targeting a 15% share of natural gas in the energy mix by 2030, the country’s Minister of State for Petroleum and Natural Gas, Suresh Gopi, said.
OPEC+ extends delay to easing restrictions
OPEC+ has further delayed its plan to ease oil production quotas
Kuwait’s KPC considering storing crude in India
Kuwait's KPC is considering storing crude in India’s underground strategic petroleum reserves
ADNOC finalises 15-year LNG supply deal with Petronas
Abu Dhabi National Oil Company has agreed to a 15-year sales and purchase agreement with Malaysia’s Petronas for 1mn tonnes per year of LNG.
Indian Gas Exchange reports 12% decline in November trading volumes
The Indian Gas Exchange (IGX) reported a traded gas volume of 2.5 mmscm in November, reflecting a 12% year-on-year decline, according to its statement on December 4.
Pakistan delays LNG imports from Qatar to 2026 despite surplus
Pakistan has postponed a deal to procure liquefied natural gas (LNG) from Qatar by a year, with deliveries now scheduled for 2026 instead of 2025.
Pilot agrees terms to buy Triangle's stake in Cliff Head oilfield off Perm
ASX-listed oil producers Triangle Energy and Pilot Energy have signed a binding term sheet outlining revised terms for the sale of Triangle's interest in the Cliff Head oil project, located offshore Western Australia.
Australia's Strike Energy enters gas power sector with FID on plant
Perth-based Strike Energy has taken a final investment decision to proceed with the South Erregulla peaking gas power station in Western Australia, transitioning the project into its execution phase with an estimated development cost of $137mn.
Central Petroleum starts Mereenie drilling in Australia
Australian oil and gas producer Central Petroleum announced on December 5 that the Ventia 101 rig had been mobilised to the Mereenie field at permit OL4/OL5.
Indonesia launches second 2024 oil and gas block auction with new incentives
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has initiated the second phase of its 2024 oil and gas block auction, offering six working areas (WK Migas) to investors
OPEC+ to cut crude prices for Asia
Saudi Arabia is set to cut crude prices for Asian buyers in January to their lowest level in years, with prices likely to decline by 70 to 90 cents per barrel from December, according to Asian refinery sources who took part in a Reuters survey.
China’s ship-building order sheet adds six new LNG dual-fuel PCTCs
Singapore-based Eastern Pacific Shipping (EPS) has ordered six new pure car and truck carriers (PCTCs) as part of its drive towards sustainability and fleet expansion. The vessels are all to be LNG dual-fuel powered.
South Korea’s hesitation to import US oil, despite Trump’s best efforts
Oil analysts are suggesting that US President-elect Donald Trump’s new energy policy is now likely to drive down global oil prices, while at the same time stabilising long-term demand.
Cyclone Remal inflicts $622mn in economic losses on Bangladesh
Cyclone Remal has inflicted approximately $622mn in economic losses and damages on Bangladesh, primarily due to the extended non-operation of one of its two floating storage and regasification units.
CNOOC starts production at Huizhou 26-6 oilfield in Pearl River Mouth Basin
China’s CNOOC Ltd has brought the first well in the Huizhou 26-2 oil project on stream using a new intelligent production platform built for the job, the latest in a run of successful projects.
China's leading shale oil base moves past annual 1mn tonne per year output mark
China's first national-level shale oil demonstration zone, located in the contested Xinjiang Uygur Autonomous Region, has achieved an annual output exceeding 1mn tonnes for the year to date
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