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.

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

Taliban returns 19 tankers of poor-quality fuel to Iran

5 February 2024

The Taliban’s national norm and standard department announced that it has returned 19 tankers of fuel to Iran through a border crossing in Nimrouz Province of Afghanistan due to its poor quality.

Conrad Asia Energy delays final investment decision for Mako Gas Field to mid-2024

5 February 2024

Conrad Asia Energy Ltd has officially announced the postponement of the final investment decision for the Mako gas field in Natuna Regency, Indonesia

Pertamina ventures into Maracaibo Basin, Venezuela, with a potential 12bn barrels of oil reserve

5 February 2024

Indonesia's energy giant, Pertamina, is actively developing an oil and gas field in the Maracaibo basin in Venezuela, boasting a significant potential reserve of 12bn barrels of oil

Eyes on Thai-Cambodian talks as Hun Manet seeks OCA deal to curb energy costs

5 February 2024

Cambodian Prime Minister Hun Manet, is set to visit Thailand on February 7

Indonesia's Ministry of Energy and Mineral Resources faces unfilled auctions for six oil and gas blocks

5 February 2024

The Ministry of Energy and Mineral Resources is yet to finalise winners for the auction of six oil and gas working areas opened during the second and third auction periods of 2023

Santos grants Kumul Petroleum additional time to pay for stake in PNG LNG project

5 February 2024

Australian oil major Santos has provided Kumul Petroleum with an extension to complete the purchase of its 2.6% stake in the PNG LNG project, the company revealed on February 1.

Adding Saudi Arabia to the BRICS to create a commodities powerhouse

5 February 2024

The potential inclusion of the United Arab Emirates, Iran, and possibly Saudi Arabia into the BRICS group of nations would create a commodities powerhouse that controls the bulk of global oil and gas deposits, analysts at S&P Global suggest.

TotalEnergies acquires a 50% stake in Malaysia’s SapuraOMV upstream

2 February 2024

Paris-based TotalEnergies SE has entered into a definitive agreement to acquire a 50% stake in SapuraOMV Upstream Sdn, a Malaysian independent gas producer and operator

Russia's oil tankers stranded in South Korea amidst US sanctions and payment woes

1 February 2024

In a significant blow to Moscow's oil exports, over a dozen Russian oil tankers carrying at least 10mn barrels of Sokol grade crude oil have found themselves stranded off the coast of South Korea's port of Yeosu.

China oil major CEO criticises US sanctions on Russia, citing impact on LNG project

1 February 2024

In a notable deviation from typical corporate rhetoric, the CEO of China National Offshore Oil Corporation, Zhou Xinhuai, has voiced strong opposition against ongoing US-led sanctions on Russia.

China’s refiners slow Iranian oil imports for second month over price row

31 January 2024

China's independent refiners are holding off from buying Iranian crude oil for February as a stand-off over pricing and terms enters a second month, trading sources said.

Japan’s Tokyo Gas to lead LNG-to-power project in Vietnam, SE of Hanoi

31 January 2024

Tokyo Gas Co. Ltd, Kyuden International Corporation and Vietnam's Truong Tan Vietnam Group have teamed up to launch a joint venture: Thai Binh LNG Power

US LNG trade to Asia being slowed by Panama Canal congestion

31 January 2024

LNG vessels using the Panama Canal have been suffering lengthy delays according to the International Energy Agency.

Inpex sheds stake in East Siberian oil project to Itochu

31 January 2024

Japanese oil and gas producer Inpex is selling its minority stake in Russian oil project INK-Zapad in Eastern Siberia to Japanese trading firm Itochu

Thai Oil refinery back online, diesel supply secured after brief shutdown

31 January 2024

Thailand's crucial third crude oil refinery at Thai Oil resumed normal operations on January 29, 2024

ADNOC Gas reaches 10-year LNG supply deal with India’s GAIL

30 January 2024

United Arab Emirates firm ADNOC Gas has come to a 10-year agreement with India’s GAIL to supply the company with 0.5mn tonnes per year of LNG beginning in 2026, the companies revealed on January 30.

Oil climbs as tensions escalate in Middle East

30 January 2024

Oil prices surged on January 29 following a drone attack on US forces in Jordan, intensifying concerns over supply disruptions in the Middle East as Houthi rebels escalated assaults on vessels in the Red Sea

QatarEnergy signs 15-year deal with Excelerate Energy to supply Bangladesh LNG

30 January 2024

QatarEnergy and Excelerate Energy inked a 15-year LNG sale and purchase agreement on January 29 to supply LNG to Bangladesh.

Indonesia expands Carbon Capture and Storage initiatives, empowering SKK Migas as regulator

29 January 2024

In a move to combat climate change, the Indonesian government is extending the scope of carbon capture and storage activities beyond the traditional oil and gas sector

China becomes largest importer of Russian oil, surpassing Saudi Arabia in 2023

26 January 2024

According to the latest data, China, the world's largest crude oil importer, has been increasingly turning to Russian oil, bypassing Western sanctions in the process and capitalising on discounted prices.

Edited by

Andrew Kemp

Editor

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