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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)
Qatarenergy signs another 10-year naphtha supply deal
State-owned QatarEnergy this week signed another deal to supply naphtha to an Asian customer, this time agreeing to supply India’s Haldia Petrochemicals Ltd (HPL) with up to 2mn tonnes over 10 years.
Canada poised to stake bigger claim in northeast Asia’s LNG market
Canada’s LNG industry is set to play the role of a crucial supplier to Asian buyers, according to industry participants at the Global Energy Show in Calgary.
President Jokowi engages South Korea-UAE delegation on potential oil refining investments
On June 12, President Joko Widodo welcomed a delegation from the South Korea-United Arab Emirates Business Association at Merdeka Palace in Jakarta to discuss potential investments in Indonesia’s oil refining sector
Iran roundly rejects ‘big discounts’ in oil trade with China
The Iranian Oil Ministry flatly rejected a media report that the Islamic Republic had offered “big discounts” to China to boost crude exports amid US sanctions.
United Petroleum Australia targets 200 active petrol stations in Sri Lanka
United Petroleum Australia is preparing to initiate operations in Sri Lanka by late July or early August, with the end goal of expanding its presence in the retail petroleum sector
Indian energy firms to export RLNG to Bangladesh
Two Indian energy firms are preparing to export regasified liquefied natural gas to Bangladesh through two pipelines stretching 265 kilometres
Hengyi exports more fuel oil from Brunei after refinery fire
China's Hengyi Industries has ramped up fuel oil exports from its refinery in Brunei this month and stalled the loading of other refined products after a fire broke out at the facility in late May.
CNOOC reports strong gas flow in South China Sea well test
Chinese state offshore operator CNOOC has reported a strong test result at a well targeting gas reserves in ultradeep waters of the South China Sea.
New Zealand to lift ban on oil and gas exploration
The New Zealand government plans to propose legislation later this year to overturn the 2018 prohibition on new oil and gas exploration.
Sweltering heat fuels surge in India's gas-fired power usage
India is witnessing a surge in gas-fired power generation. As a result, and according to industry officials and experts, imports of LNG are projected to rise sharply over the next two years.
The climate case for US LNG
The research may provide a compelling reason for the US pause on LNG approvals to be lifted.
Europe’s gas refill slowed by diversion of cargoes to Asia
Europe’s gas refill season has started slow as cargoes are increasingly being diverted to Asia, where heatwaves are hitting the continent.
PTTEP expands UAE presence with acquisition in Ghasha gas concession
PTT Exploration and Production Public Company Limited (PTTEP) announced a strategic move to expand its presence in the United Arab Emirates (UAE) through its subsidiary, PTTEP MENA Limited
PTTEP picks up Wintershall Dea’s Ghasha stake
Thailand’s PTT Exploration & Production (PTTEP) this week acquired a 10% stake in the UAE’s offshore Ghasha concession from Germany’s Wintershall Dea, concluding the latter’s effort to divest.
India’s oil imports from Russia rise m/m as oil minister confirms state-owned BPCL open to tie-up with Moscow
India ramped up its oil imports from Russia to 41% in April 2024, up from 34% in March 2024, as per the June 2024 OPEC report.
Malaysia overhauls fuel subsidies, diesel prices surge by over 50%
Malaysia saw a dramatic 50% increase in diesel prices on June 10 as part of a major overhaul of fuel subsidies aimed at reducing government spending and saving billions of ringgits annually
Pertamina to acquire stake in Brazilian firm to secure bioethanol supply
Pertamina, Indonesia's state-run oil company, is set to acquire a stake in a Brazilian company to ensure a steady supply of bioethanol and sugar, Chief Investment Minister Luhut Binsar Pandjaitan announced on June 10
India’s ONGC seeks international partner to boost output from ageing Mumbai high field
India's state owned Oil and Natural Gas Corporation is looking to collaborate with an international oil major to rejuvenate its flagship Mumbai High field, which has seen a decline in production after nearly fifty years of operation
Pertamina Patra Niaga issues first tender for sustainable aviation fuel
Indonesia's state-owned energy firm, Pertamina Patra Niaga, has issued its inaugural spot purchase tender for sustainable aviation fuel to be delivered in August, according to three sources who received the tender document
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