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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)
Bangladesh to venture into oil exploration, aims to alleviate energy crisis
In a bid to address its enduring energy challenges, Bangladesh, among the poorest nations in Asia, has initiated a foray into oil exploration
Bangladesh to enhance energy infrastructure through sea-land integrated oil system
Bangladesh's maiden sea-land integrated oil storage and transportation system has commenced commercial operations
Indonesia's Ministry of Energy and Mineral Resources delves into offshore oil potential
The Ministry of Energy and Mineral Resources of Indonesia is intensifying its exploration efforts in one of the offshore fields with promising oil reserves, located within the Offshore North West Java block
British Petroleum aims for 176 LNG cargoes production from Tangguh Plant in West Papua
British oil giant BP has set its sights on producing 176 liquefied natural gas cargoes this year from the Tangguh LNG Plant in Bintuni Bay, West Papua, with approximately 55 cargoes expected to come from Train 3
UAC ramps up petroleum production, powers up RDF3 plant to drive EBITDA growth
UAC Global is poised for a strong year ahead, targeting 15% revenue growth in 2024 from THB1.85bn in 2023.
Vietnam oil giant seeks stable rates, higher credit limits for growth
Vietnam Oil and Gas Group, the country's state-owned energy giant, is seeking government support to navigate rising interest rates and secure capital for ambitious development plans.
Indonesian state electricity firm PLN explores new financing model to boost gas power plant investments
Gas shortages challenge Bangladesh power sector growth amid new plant launches
Bangladesh confronts a pressing challenge in ensuring adequate gas supply for a slate of new gas-fired power plants, collectively boasting a generation capacity of approximately 3,510MW
India's reduced Russian crude imports signal shifting energy alliances
Amid escalating Western sanctions, India scaled back its procurement of Russian crude in February, exacerbating trade strains between the two nations.
Shell looks to switch from oil to LNG assets in Singapore
Glencore, the Swiss commodity trading major, is reportedly in talks to acquire Shell’s oil operations in Singapore, according to sources familiar with the matter speaking to Reuters earlier in the month.
Dalian Shipbuilding begins construction of LNG carriers for CMES
The two 175,000 cubic metre vessels bring the total number of LNG carriers DSIC has built for CMES to five. The ships have a length of 295 metres, a width of 46.4 metres, and a depth of 26.2 metres, and possess a service speed of 19.5 knots.
AG&P LNG purchases 49% interest in Vietnam’s Cai Mep terminal
Atlantic, Gulf and Pacific LNG, the Singapore-based unit of US asset management company Nebula Energy, announced that it has bought a 49% stake in the Cai Mep LNG terminal in southern Vietnam.
TotalEnergies strikes 16-year deal with Sembcorp Fuels of Singapore
TotalEnergies, a leading player in the Asian and global LNG market, has agreed a significant deal with Sembcorp Fuels, for the supply of up to 0.8mn tonnes of LNG annually for a period of sixteen years.
A first ever integrated LNG facility for the Philippines
Philippine power giants, Meralco PowerGen Corporation (MGen), Aboitiz Power Corporation (AP), and San Miguel Global Power Holdings Corp. (SMGP), are set to inaugurate the nation's first ever integrated LNG facility in Batangas Province.
US produced more oil in 2023 than any country for sixth consecutive year
The US produced more oil than any country at any time for the past six years in a row, according to the US Energy Information Administration.
India's petrol and diesel prices experience varied changes amid crude oil price fluctuations
Reports indicate that as of Thursday around 6 am, the WTI crude is being traded at $79.88 per barrel, marking a 0.21% increase, while Brent crude stands at $84.20 per barrel, also rising by 0.21%.
Saudi Aramco to reduce supply of oil to China, India
Saudi Aramco is set to reduce its supply of crude oil to customers in China and India due to upcoming oilfield maintenance, according to comments made by five sources on March 11.
Japanese LNG purchasers facing oversupply issue
Rapidly declining demand for LNG in Japan is expected to cause an oversupply by more than 11mn tonnes per year for the rest of the decade, a new report published on March 11 by the Institute for Energy Economics and Financial Analysis found.
South Korea makes big reduction in Russian fossil fuel imports
South Korea has made significant progress in reducing its energy dependence on Russia since the start of the Ukraine war, according to a report published recently in the Asia-Pacific journal The Diplomat.
FDI flow from China to Eurasia is ebbing
Lots of talks, but no new deals are being announced.
Iran crude sales won’t be harmed in case of Trump’s re-election, says oil minister
Iran’s crude oil exports will not be hurt if former US president Donald Trump wins the upcoming presidential election, Oil Minister Javad Owji said amid threats of further sanctions on the country’s petroleum industry.
The Indian Government extends INR300 LPG subsidy for Ujjwala beneficiaries till March 2025
In anticipation of the upcoming general elections, the government has unveiled plans to extend the subsidy on LPG cylinders under the Ujjwala Yojana, offering INR300 per cylinder to disadvantaged women for the next fiscal year.
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