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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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Dhaka plans to secure $350mn loan to finance LNG purchases
Bangladesh is looking to secure a $350mn loan with the support from World Bank to finance the purchase of LNG in FY2025-26, which has been hampered due to dollar shortage in the country
India to boost strategic petroleum reserve facility
The Indian government, through a special purpose vehicle called Indian Strategic Petroleum Reserve Limited (ISPRL), is enhancing its strategic petroleum reserve (SPR) facilities, State Minister for Petroleum Suresh Gopi informed Parliament.
Taiwan awards $810m LNG terminal expansion deal
Taiwan’s state-owned energy giant, CPC Corporation, has awarded an $810mn engineering, procurement, and construction contract for the expansion of its Kaohsiung LNG terminal in the south of the country.
Cairn Oil & Gas, 2H partner to develop offshore hydrocarbon project on India’s west coast
Indian private oil and gas company Cairn Oil & Gas, part of Vedanta Group, has signed a memorandum of understanding and master service agreement with 2H Offshore to develop an offshore hydrocarbon project off India’s west coast.
New legislation amending India’s 1948 oil law meant to boost exploration
India’s parliament has passed legislation designed to speed up the licensing process, ensure investor confidence and provide overall encouragement for new exploration and production projects.
China has not imported LNG from US for 40 days
China has not imported LNG from the US for 40 days, marking the longest halt in nearly two years, amid escalating trade tensions between the two countries.
Jadestone files development plans for offshore Vietnam fields
Singapore-based Jadestone Energy has filed a field development plan for its Nam Du and U Minh gas discoveries offshore southwest Vietnam.
CNOOC brings on stream two new oil projects offshore China
Chinese offshore oil and gas producer CNOOC has commenced production at two offshore oil and gas developments in Chinese waters.
Japan Airlines, Airbus join sustainable aviation fuel joint venture
Japan Airlines and European aircraft manufacturer Airbus have joined a Japanese joint venture aiming to produce bioethanol from domestically sourced woody biomass for use as sustainable aviation fuel.
Japan’s Inpex announces plans for a third train at the Ichthys LNG project
Japanese energy giant Inpex has announced plans to expand its Ichthys LNG project in Australia with the addition of a third liquefaction train.
Vietnam agrees energy deals with the US
Vietnam has stepped up efforts to strengthen its economic ties with the United States, announcing provisional agreements for imports of US energy products and a potential reduction in duties on a wide range of American goods.
Sapura Energy denies contact from MACC following corruption probe
Sapura Energy Bhd stated on March 17 that it has not been approached by the Malaysian Anti-Corruption Commission (MACC) regarding an investigation into alleged bribery and misappropriation of funds linked to the company
PGN Saka Energi and BP launch vessel charter tenders for Indonesian offshore projects
PGN Saka Energi, a subsidiary of state-owned gas distributor PT Perusahaan Gas Negara (PGN), and British oil and gas company BP have initiated a tender process to lease vessels for offshore drilling operations in Indonesia
Nakilat marks cutting of first steel on LNG carriers
Qatar's Nakilat has held a steel cutting ceremony for eight of its new LNG carriers at the Hanwha Ocean shipyard.
Japan, Province of Alberta sign MoU at Houston’s CERAWeek energy conference
Alberta Premier Danielle Smith alongside the chairman and CEO of the Japan Organisation for Metals and Energy Security (JOGMEC), Ichiro Takahara, in mid-March agreed and have signed an MoU at the Houston-based CERAWeek energy conference.
Alaska LNG officials to meet Asian partners in late March
Officials from the Alaska LNG project are slated to arrive in Japan later this month to charm potential investors in the long-stalled project.
Malaysia’s energy sector faces structural shifts amid Petronas-Petros dispute
Malaysia’s energy sector is undergoing significant changes, with the resolution of the dispute between Petronas and Petroleum Sarawak Bhd (Petros), Petronas’s workforce restructuring, and the government’s latest push to reform the natural gas sector
Indonesia requires additional 2mn tonnes of methanol for B50 implementation
Indonesia is preparing to introduce a 50% biodiesel blend (B50) by 2026, but the country still requires an extra 2mn tonnes of methanol annually to support this initiative, according to Deputy Minister of Energy and Mineral Resources Yuliot Tanjung.
Fuel prices in the Philippines expected to drop for third consecutive week
Petrol prices are set to decrease for the third week in a row as concerns grow over a potential global economic slowdown, largely influenced by trade disputes initiated by the United States.
Pertamina East Natuna begins exploration to boost Indonesia’s hydrocarbon reserves
Pertamina East Natuna, a subsidiary of Pertamina’s upstream oil and gas division, has launched exploration activities in the North Natuna Sea to enhance Indonesia’s domestic hydrocarbon reserves
Indonesia plans to boost oil output to support refinery expansion
Indonesia’s Upstream Oil and Gas Regulatory Task Force (SKK Migas) has outlined three key strategies to enhance oil and gas production in preparation for the government’s plan to construct a 1mn-barrel-per-day refinery
Gazprom plans entry into Chinese yuan bond market
Russia’s national gas giant Gazprom is entering China’s yuan-denominated bond market, in a notable development for this relatively niche segment with few active issuers.
Indonesian Energy Minister Bahlil confirms no more fuel adulteration at Pertamina stations
Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has assured the public that fuel quality at Pertamina gas stations meets regulatory standards, dismissing concerns about adulteration
Malaysian government defends $230mn Sapura Energy funding
Malaysia’s government has defended a $230mn injection into struggling oil and gas firm Sapura Energy, arguing that it is a necessary step to stabilise the sector rather than a bailout.
Indonesia prioritises oil and gas investments under Danantara programme
The Ministry of Energy and Mineral Resources (ESDM) has confirmed that the primary investment focus of the Nusantara Energy Management Agency (BPI Danantara) will be on oil and gas projects, with renewable energy infrastructure not yet a top priority
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