AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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.

Our editorial team is constantly looking for stories that cannot be found elsewhere amongst our competitors. We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the issues that matter. 

We also include “Country Profiles,” offering multi-dimensional analysis on individual regions, from the broad perspective of political and policy news, to on-the-ground information on projects and production via our network of journalists and contributors.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Read a recent issue cover to cover (click the image below)

Upstream Oil and Gas Regulatory Task Force, ESDM, and ENI Indonesia to launch $70mn 3D seismic survey

10 June 2024

The Upstream Oil and Gas Regulatory Task Force, in collaboration with the Ministry of Energy and Natural Resources and ENI Indonesia, is set to conduct a $70mn 3D seismic survey

Indian regulator seeks to oversee expansion of country’s LNG terminals

9 June 2024

India's Petroleum and Natural Gas Regulatory Board has proposed new regulations requiring companies to obtain approval before setting up or expanding liquefied natural gas terminals.

As India’s energy landscape changes due to heatwave gas generated power use soars

9 June 2024

India is witnessing a significant shift in its energy landscape as extreme heat and new policy changes drive an uptick in gas generated power production.

Indonesia showcases $860mn green refinery projects at IPEF Forum

7 June 2024

Chief Economic Affairs Minister Airlangga Hartarto highlighted investment opportunities in sustainable infrastructure at the Indo-Pacific Economic Framework forum in Singapore

South Korean president makes bold claims about potential offshore oil and gas reserves

6 June 2024

South Korean President Yoon Seok-yeol announced on June 3 there could be as much as 14bn barrels in oil and gas resources off the country’s southeast coast, after approving an exploratory drilling plan proposed by the energy ministry.

Altagas, Vopak reach positive FID on Ridley Island Energy Export Facility

6 June 2024

AltaGas Ltd. and Royal Vopak have reached a positive final investment decision on the Ridley Island Energy Export Facility, a large-scale liquefied petroleum gas and bulk liquids terminal with rail, logistics and marine infrastructure.

OPEC+ extends cuts, to unwind voluntary limits

6 June 2024

OPEC+ has extended most of its cuts through 2025, but will begin to unwind voluntary additional restrictions

QatarEnergy signs naphtha supply deal with Idemitsu Kosan

6 June 2024

QatarEnergy has signed a 10-year deal to supply naphtha to Japan’s Idemitsu Kosan

Thailand pioneers carbon tax on oil, eyes CBAM advantage

6 June 2024

Thailand's Excise Department is taking a pioneering step towards environmental sustainability by introducing a carbon tax on oil

Thai Vietjet and PTT OR partner on sustainable aviation fuel for greener skies

6 June 2024

Thai Vietjet Air and PTT Oil and Retail Business (OR) have signed a Memorandum of Understanding to explore the use of Sustainable Aviation Fuel (SAF) for their operations, marking a significant step towards a more eco-friendly aviation

Indonesia targets 1.6mn BOEPD oil and gas production by 2025

6 June 2024

Indonesia's Energy and Mineral Resources Ministry has set an ambitious target for oil and gas production, aiming for around 1.6mn barrels of oil equivalents per day by 2025

Japan’s Tokyo Gas eyes a slice of Philippine LNG sector

6 June 2024

San Francisco-based law firm Morrison Foerster has successfully represented Tokyo Gas Co., Ltd in securing definitive agreements for the acquisition of a 20% stake in an LNG import and regasification terminal project located in the Philippines

Chinese demand for oil to peak by 2027: Sinopec

6 June 2024

China Petroleum & Chemical Corporation, has predicted that oil demand in China will peak before 2027

Chevron’s Australian Gorgon LNG plant suffers another outage

5 June 2024

Chevron’s Gorgon LNG plant on Australia’s Barrow Island suffered another halt to production on June 3.

TotalEnergies strikes LNG deals with Indian, South Korean buyers

5 June 2024

TotalEnergies has expanded its LNG business in Asia, entering into fresh supply deals with Indian Oil Corp and Korea South-East Power.

Thailand unveils SPR system and price regulation measures to combat high fuel costs

5 June 2024

Thailand's government is taking a two-pronged approach to address rising fuel costs.

Proposed EU sanctions on Russian LNG unlikely to affect Asian buyers

5 June 2024

Europe’s proposed new sanctions package aimed at combatting transshipments of Russian LNG is not expected to impact Asian purchasers, European Commissioner for Energy Kadri Simson told reporters in Tokyo June 3.

Jera to offload 15% in Freeport LNG as Scarborough again comes to the fore

5 June 2024

Japan's largest LNG importer, Jera, has decided to divest part of its stake in the operator of the 15mn tonne per year Freeport LNG export project in Texas to Japanese upstream developer Japex

Power of Siberia 2 talks reportedly in deadlock over Beijing's demands on prices, supply volumes

4 June 2024

Negotiations between China and Russia on developing a second Power of Siberia gas pipeline are in deadlock because Beijing is making demands on price and supply levels that Moscow views as unreasonable.

Argus launches price assessments for Urals delivery to China

4 June 2024

Energy and commodity price reporting agency Argus has launched new prices for Russian Urals oil that is supplied to China.

GEM report warns of fossil fuel dependency from gas expansion in Southeast Asia

4 June 2024

A new report from the Global Energy Monitor reveals that the expansion of gas-fired power plants and liquefied natural gas facilities in Southeast Asia, including Indonesia, will maintain the region's reliance on volatile fossil fuels

Indonesia pushes natural gas adoption in households to cut LPG dependency

4 June 2024

The Ministry of Energy and Mineral Resources (ESDM), through its Directorate General of Oil and Gas, is actively promoting the use of natural gas in Indonesian households via the Jargas programme

India halts Venezuelan oil imports amid US sanctions

3 June 2024

India ceased oil purchases from Venezuela last April, coinciding with the United States' decision not to extend sanctions relief on Venezuelan crude, according to the spokesperson for Indian Foreign Minister Randir Jaiswal.

ENI to invest $14.8bn in Indonesia’s deepwater development project

3 June 2024

Italian oil and gas giant ENI is set to inject a substantial $14.8bn into the Indonesia Deepwater Development project, according to the Upstream Oil and Gas Regulatory Task Forces

Edited by

Andrew Kemp

Editor

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