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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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Malaysia and China on edge over South China Sea oil and gas reserves
Well away from Peninsular Malaysia, off the island of Borneo around 500 kilometres to the east, gas and oil rigs are a common sight.
Indonesia urges faster progress in developing South Andaman finds
Indonesia is urging Mubadala Energy to fast-track gas development in the South Andaman Block following the UAE explorer’s second significant discovery in the area.
Anticipation builds ahead of decisive OPEC+ meeting
Speculation is rife as the group prepares to decide whether or not it should stick to the current 2.2mn bpd of cuts
Liquefaction train at Australia’s Gorgon LNG plant to remain offline for five weeks
Chevron’s Gorgon LNG plant will have one of its three liquefaction trains down for five weeks
Italian energy behemoth Eni to pioneer spin-off approach for oil and gas projects in Indonesia
Italian energy titan Eni is embarking on a spin-off strategy for its potential oil and gas projects. The strategy aims to fortify these ventures while intensifying its focus on low-carbon business ventures
Malaysian PM denies allegations of Iranian oil transfers
Prime Minister Anwar Ibrahim firmly denied any involvement of Malaysia in facilitating ship-to-ship transfers of sanctioned Iranian oil, addressing concerns raised by the United States
Panama Canal seeks to increase transit volumes from US LNG producers
US LNG producers are seeking to increase volumes shipped through the Panama Canal and are currently in the midst of negotiations with the canal’s authorities to secure additional slots.
Chinese firms dominate bidding in Iraq’s LR5+ and LR6
Chinese companies have emerged as the dominant winners in Iraq’s recent oil and gas licensing rounds
Malaysia’s Scientex broadens renewable energy initiative with nationwide solar project
Scientex Bhd, a global packaging manufacturer and property developer, has unveiled plans to expand its renewable energy initiative by implementing solar photovoltaic systems across its facilities in Malaysia
Indonesia Gas Society advocates special pricing for LNG amid gas supply deficit
The Indonesia Gas Society has urged the government to contemplate implementing tailored pricing strategies for liquefied natural gas to counterbalance the existing shortfall in pipeline gas supply,
Chandra Asri Group and Glencore plc enter agreement to acquire Shell Energy and Chemicals Park Singapore
Chandra Asri Pacific Tbk, a chemical and infrastructure solutions company in Indonesia, and Glencore plc, a global leader in natural resources, have jointly signed a Sales and Purchase Agreement with Shell Singapore
Seven foreign companies buy tenders for exploring Bangladesh’s offshore oil and gas
Bangladesh’s State Minister for Power, Energy and Mineral Resources Nasrul Hamid said seven international companies have bought tenders to participate in oil and gas exploration in the Bay of Bengal
Vietnam's Cai Mep LNG terminal gears up for September launch
AG&P LNG, a subsidiary of Nebula Energy, and its partner Hai Linh Co., Ltd., have initiated the commissioning phase of the Cai Mep LNG Terminal in Vietnam.
US Treasury official highlights concerns over Iranian oil transfers via Malaysia to China
Brian Nelson, a key figure as the Under Secretary for Terrorism and Financial Intelligence at the US Department of the Treasury, has sounded the alarm over Iran's expanded ability to ship its oil,
Oil & gas stocks surge on discovery news and attractive valuations
Vietnam's oil and gas sector emerged as a bright spot in an otherwise lacklustre market session on May 8. While the broader market struggled, a surge in oil prices, new discoveries, and attractive valuations propelled oil and gas stocks to impressive
Foreign firms permitted to invest in Vietnamese petroleum sector - conditions apply
Foreign investors are now permitted to invest in the establishment of petroleum storage and supply infrastructure in Vietnam, as announced by the Vietnamese Government in directive 343/QD-TTg which officially came into force on April 25
Washington says Moscow is supplying fuel to Pyongyang, above and beyond UN sanctions limit
In a revelation with far-reaching international ramifications, the White House has said that Russia has been surreptitiously dispatching refined petroleum to North Korea in quantities that seem to flout a cap imposed by the UN Security Council.
India’s Chhara LNG import terminal pushes back commissioning
Hindustan Petroleum, a unit of India’s state-run Oil and Natural Gas Corporation has reportedly suffered a setback in its commissioning of the Chhara LNG import terminal located in the northwestern state of Gujarat.
During polls India consumes 6.1% more fuel y/y in April
According to data released by the Petroleum planning and analysis cell of the Ministry of Petroleum and Natural Gas, India consumed 6.1% higher volumes of fuel y/y in April 2024
Japan eyes Southeast Asian LNG potential
Japanese companies are ramping up their LNG business in Southeast Asia to help counter a decline in their domestic market, but also to aid in the region's shift towards LNG and the anticipated surge in demand this is expected to bring
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