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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)
MOL of Japan takes full ownership of LNG Rose Shipping for $32mn
Mitsui OSK Lines (MOL) has announced its decision to acquire the full 50% stake owned by Itochu Corporation in LNG Rose Shipping. In doing so it will make the LNG carrier company a wholly owned subsidiary of MOL.
Baker Hughes signs 10-year deal to support Woodside’s Australian LNG operations
US oil services firm Baker Hughes has signed a 10-year services frame deal to provide support to Australian company Woodside Energy in its LNG operations.
Pakistan looks to renegotiate existing LNG deals with Qatar
The government of Pakistan plans to seek Qatar's permission to sell LNG cargoes on the spot market if domestic demand decreases, a senior official from the nation’s Ministry of Energy revealed on June 28
New Indian LNG terminal builds to see increased regulation
The Petroleum and Natural Gas Regulatory Board of India has issued a preliminary draft with the intention of limiting control over the county’s LNG terminals.
Russia makes inroads in Vietnam
Russia’s Zarubezhneft and Novatek are set to expand their positions in Vietnam, after agreements reached during a visit to the southeast Asian country by Russian President Vladimir Putin last month.
Gazprom to launch Far East gas supplies to China by 2027, says CEO
Gazprom will commence pipeline gas supplies to China via a planned Far Eastern route in 2027.
PT Pertamina Hulu Rokan boosts oil and gas production through aggressive exploration
PT Pertamina Hulu Rokan is actively enhancing its oil and gas production following the management transition of the Rokan Block
Rise of LNG-fuelled trucks tempers China’s gasoil demand
Increasing sales of LNG-fuelled heavy-duty trucks as a substitution for diesel-powered trucks could mean China has reached or will soon reach peak demand for gasoil.
Singapore's onshore fuel oil stocks drop after four-week rise
Singapore's onshore fuel oil stockpiles experienced a significant decline in the week ending June 26, following a four-week upward trend, according to recent data released on June 27,
Petrovietnam profits slide despite revenue growth
Vietnam National Oil and Gas Group reported a mixed bag in its 2023 financial results
Petronas and Vestigo ink production-sharing deal for Sabah gas fields
Petronas, through Malaysia Petroleum Management, signed a small field asset production-sharing contract with Vestigo Petroleum Sdn Bhd for a Discovered Resource Opportunity cluster promoted under the Malaysia Bid Round Plus
Australia’s East Coast wrestles with concerns over potential gas shortage
Despite the huge gas resources, Australia’s population centres along the East Coast are facing a winter during which there could be shortages of gas supply to keep power generation stations going full tilt.
Pertamina seeks additional gasoil amid refinery shutdown
Indonesia’s state-owned oil giant Pertamina is looking to secure an additional 1.5mn barrels of 2,500 ppm sulphur gasoil for July delivery
India announces new LNG plant to be built in Madhya Pradesh
India’s state-run Oil and Natural Gas Corporation has signed a deal with the Indian Oil Corporation for the development of a small-scall LNG facility in the state of Madhya Pradesh.
Genting awards $1bn FLNG deal to Wison New Energies
Malaysia’s Kuala Lumpur-based Genting has awarded a $1bn contract to China’s Wison New Energies for the construction of a floating liquefied natural gas facility, to be stationed at Teluk Bintuni in West Papua.
Putin hints at increased Russian energy deals with Vietnam
Russian President Vladimir Putin has expressed interest in enhancing energy and security collaboration with Vietnam.
Regional governor in the Philippines behind firm that stands to benefit from LNG expansion
A recent investigation has revealed that a prominent Philippine politician, who has vigorously promoted the use of natural gas in the country, has links to a company poised to gain significantly from its development
Malaysia sees 30% drop in diesel pump sales post-subsidy cut
Malaysia has experienced a significant 30% decline in retail diesel sales at pump stations following the government’s decision to reduce fuel subsidies on June 10
Thailand looks into oil-smuggling ships with links to police force
Thai authorities have initiated an investigation into the disappearance of three seized oil-smuggling vessels, amid suspicions of police collusion, according to local media reports
South Korea's investment in LNG infrastructure raises concerns
Experts are warning that South Korea's multi-billion-dollar investments in LNG carrier infrastructure may one day turn into an obscenely expensive white elephant.
Chevron’s Wheatstone LNG returns to full production
US supermajor Chevron’s Wheatstone LNG plant in Western Australia returned to full production over the weekend.
China's Wison New Energies to quit Russian projects
In what is being seen as a major blow to the trouble-hit Arctic LNG 2 project, leading Chinese engineering firm Wison New Energies has announced its own withdrawal from all ongoing Russian projects
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