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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)
China's crude oil imports from Malaysia surge
China's crude oil imports from Malaysia, its third-largest supplier, increased by 17.5% in September compared to the same period last year, according to customs data released on October 20.
Shell pipeline leak affects waters off Singapore
In the early hours of October 20, an oil leak from a Shell-owned pipeline off Singapore’s coast affected the waters between Bukom Island and Bukom Kecil, the Maritime and Port Authority of Singapore (MPA) said.
Indonesia’s RAJA boosts downstream oil and gas presence using plant hire
Indonesia’s PT Rukun Raharja is extending its footprint in the downstream oil and gas sector by launching a booster compression plant (BCP) rental service
AsianOil: Hanwha raises offer for Singapore's Dyna-Mac
Russian gas supply to China could reach 85 bcm by 2030, says Gazprombank
Russian gas pipeline and LNG exports to China could reach 85bn cubic metres by 2030, according to analysts from Gazprombank’s Centre for Economic Forecasting (CEP).
Pertamina presents biofuel, decarbonisation roadmap in Singapore
PT Pertamina (Persero) unveiled its biofuel and decarbonisation business roadmap to industry leaders and practitioners in Singapore.
Indonesia’s oil lifting target met with regulatory hurdles
The Indonesian Oil and Gas Association (Aspermigas) has expressed scepticism about the feasibility of increasing Indonesia's oil lifting—the volume ready for sale—by 200,000 barrels per day (bpd) in the near future
India’s crude oil imports from Russia up 11.7% in September
India’s crude oil imports from Russia surged 11.7% to approximately 1.9mn barrels per day (bpd) in September.
Indonesia’s oil and gas company Rukun Raharja eyes expansion
PT Rukun Raharja Tbk (RAJA) has developed a strategic plan and performance outlook for the next decade, focusing on its core oil and gas (O&G) business, which will remain a key revenue driver through 2034, contributing 60% of the company’s income.
Sinopec boosts shale oil production at Jiyang, eyes future growth
Sinopec is ramping up its shale oil production at the Jiyang pilot project in east China, reporting a significant increase to 1,600 metric tonnes per day, equivalent to approximately 11,680 barrels per day.
Chinese firm agrees to provide $1bn to Pakistan Refinery Limited
Petronas to press on with South China Sea exploration despite Beijing opposition
Malaysia’s state energy company Petronas will push on with exploration in the country’s exclusive economic zone in the South China Sea in spite of protests from China.
Hanwha raises offer for Singapore's Dyna-Mac
South Korean group Hanwha Group raised its offer on October 14 for remaining shares in Singapore’s Dyna-Mac, revaluing the offshore oil and gas structure builder at SGD791mn.
Pakistan’s PARCO refinery shuts up shop until November 18
Pakistan's largest oil refinery Pak-Arab Refinery Company Limited has been shut down until 18 November with the almost 40-day closure primarily set aside to carry out required maintenance and inspections
Pertamina signs production sharing contract for Melati Block exploration
PT Pertamina Hulu Energi Sulawesi Melati, alongside its consortium partners Sinopec International Energy Investment (SIEI) Melati Limited and KUFPEC Indonesia (Melati) B.V., has signed a Production Sharing Contract (PSC) for the Melati Working Area.
Indonesia seeks to attract investments with specific gas pricing policy
The Indonesian government is making efforts to attract investment by implementing a specific natural gas pricing policy (HGBT).
South Korea’s KOGAS and Singapore’s EMA sign MoU on joint LNG purchases
South Korean state-owned Korea Gas Corp. and Singapore’s Energy Market Authority will examine the possibility of making joint purchases of LNG and collaboration possibilities in chartering and operating LNG vessels.
16-hour oil tanker fire in Dawei claims 8 lives
A fire that lasted over 16 hours on an oil tanker in Dawei resulted in eight deaths, three injuries, and one missing person, according to the Dawei Fire Services Department,
Chinese oil imports dip 7.4% in September
Chinese oil imports dropped 7.4% month on month to 45.5mn tonnes, or 11.1mn barrels per day in September.
Japan pursues policies for emission reductions with ASEAN, foreign partners
During the last month, Japan has entered new agreements and programmes designed to reduce carbon dioxide emissions in line with policies approved by the government through its Green Growth Strategy launched in October 2020.
Iran and China in stand-off over narrower discounts on Iranian crude oil
Private oil refiners in China are reporting that Iranian sellers are now offering narrower discounts on crude, reflecting attempts to raise prices at a time of heightened tensions in the Middle East.
Thailand, Cambodia to resume talks on disputed maritime zone
Thailand and Cambodia are set to resume talks on a disputed maritime zone believed to contain billions of dollars in natural gas and oil reserves
US Export-Import Bank approves $690mn loan for Malaysian petrochemical plant
The US Export-Import Bank (Ex-Im) has approved a $690mn loan to support the construction of a petrochemical plant in Malaysia, a decision that has drawn criticism from climate activists.
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