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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)
India halts Russian oil imports on board Sovcomflot tankers
India has halted all imports of Russian oil loaded on tankers owned by Sovcomflot in response to expanding US sanctions pressure, as Washington focuses on targeting physical transports of Russian energy exports so as to curb the country's revenues.
Bangladesh PM's energy adviser blames global oil companies for economic pressures
Tawfiq-e-Elahi Chowdhury, the Prime Minister’s energy adviser, has attributed Bangladesh's macroeconomic challenges, including a dollar reserve crisis, to the actions of global oil companies
India grants export licence to Adnoc for crude oil stored in Mangalore
The Indian government has granted permission to the Abu Dhabi National Oil Company (Adnoc) to export crude oil stored in underground strategic storages at Mangalore, providing operational flexibility to the foreign firm
Venezuela climbs India oil-supply rankings
Venezuela emerged as India's fifth-largest crude oil supplier in February, according to trade sources and refiners. Despite a slight dip in March, imports continued at a steady pace compared to the previous month
ASX-listed TMK Energy conducts $4mn capital raise for Gurvantes XXXV coal seam gas project in Mongolia
ASX-listed TMK Energy has conducted a successful $4mn capital raise to secure proceeds for the acceleration of commercial gas flows through the drilling of additional infill production wells at the Gurvantes XXXV coal seam gas project.
Chevron, JX Nippon sign MoU on Asian CCS chain
Chevron’s tech division Chevron New Energies has signed a memorandum of understanding with Japan’s JX Nippon on studying prospects for a potential CO2 value chain in the Asia-Pacific region.
China surpasses Japan in LNG imports in January-February
China imported more LNG than Asia’s other top market for the fuel, Japan, in the first two months of 2024, in a reversal of the situation in the same period last year.
Fertilisers drive LNG demand in India
The fertiliser sector is set to continue driving Indian LNG and general gas demand, but there may be scope for a significant growth in consumption in power generation in the next decade as well.
Sinochem buys one of first cargoes from Trans Mountain
Sinochem Group of China has acquired one of the first oil cargoes that will be shipped through the expanded Trans Mountain pipeline in Canada.
India's petroleum export earnings plummet amid global slowdown and shrinking Russian oil discounts
India's export revenue from petroleum products took a significant hit in the first 11 months of fiscal year 2024, attributed to a combination of factors including a global economic slowdown
Philippine geologists suggest huge deposits of gas hydrates in Manila Trench
The group, from the UP Dilman College of the Science National Institute of Geological Sciences, claim in a study published in Marine and Petroleum Geology that gas hydrates may be abundant in the country’s offshore areas.
Methane emissions from the energy sector increased in 2023
The International Energy Agency estimates that in 2023, nearly 120mn tonnes of methane emissions stemmed from the production and utilisation of fossil fuels, slightly higher than in 2022.
Russian LNG numbers to China almost 20% up in the first two months of 2024
Russian LNG deliveries to China surged by 18% during January and February, reaching 1.2mn tonnes
BGFCL in Bangladesh initiates well revitalisation project, seeks to boost gas production
The Bangladesh Gas Fields Company Limited has initiated a workover project in Brahmanbaria to revive gas production from well number 14 of the Titas Gas Field.
PTTEP ramps up gas production in Erawan field to bolster Thailand's energy security
PTT Exploration and Production Public Company Limited announced a significant increase in natural gas production from the Erawan field, a key component of the G1/61 project in the Gulf of Thailand.
Maharashtra State Road Transport Corporation unveils India's first LNG-powered bus
The Maharashtra State Road Transport Corporation has achieved a historic milestone by introducing India's inaugural bus fuelled by Liquefied Natural Gas.
Bangladesh launches 'win-win' offers for offshore gas exploration
Bangladesh is resuming oil and gas exploration in the Bay of Bengal after a prolonged hiatus. The country is aiming to address depleting energy reserves that could be exhausted within the next decade
GECF strikes bullish tone on gas demand growth
The Gas Exporting Countries’ Forum (GECF) has come out with a bullish prediction that consumption of the fuel will surge by 34% by the middle of the century.
Sinopec brings West Sichuan gas field on stream
China’s publicly traded downstream giant, Sinopec, announced last week that it had brought the West Sichuan Gas Field into operation, so marking another major milestone for its ‘Project Depth Earth – Sichuan and Chongqing Natural Gas Base'.
China set to get record volume of Russian oil in March
China is expected to receive a record volume of Russian oil this month, on the back of increased volumes of Sokoil oil produced in the Far East that India has stopped buying because of US sanctions concerns.
Indonesian government bolsters natural gas supply amidst deficit
The Joko "Jokowi" Widodo administration has taken steps to ensure the supply of natural gas to PT Perusahaan Gas Negara through liquefied natural gas amidst a gas deficit in Central Sumatra, South Sumatra, and Western Java
Pertamina Hulu Energi seeks contract scheme change in four oil and gas blocks
PT Pertamina Hulu Energi, a subsidiary of Indonesia's state energy company PT Pertamina, formally requested a contract scheme change from the gross split to cost recovery for four oil and gas blocks managed by the company earlier this year.
PetroChina International Jabung Ltd. expects contract extension in Indonesia until 2043
PetroChina International Jabung Ltd., an oil and gas company operating in Jabung, Jambi, has expressed optimism regarding the extension of the Jabung Working Area contract until 2043, under the cost recovery contract scheme.
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