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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)
India's petroleum export earnings plummet amid global slowdown and shrinking Russian oil discounts
India's export revenue from petroleum products took a significant hit in the first 11 months of fiscal year 2024, attributed to a combination of factors including a global economic slowdown
Philippine geologists suggest huge deposits of gas hydrates in Manila Trench
The group, from the UP Dilman College of the Science National Institute of Geological Sciences, claim in a study published in Marine and Petroleum Geology that gas hydrates may be abundant in the country’s offshore areas.
Methane emissions from the energy sector increased in 2023
The International Energy Agency estimates that in 2023, nearly 120mn tonnes of methane emissions stemmed from the production and utilisation of fossil fuels, slightly higher than in 2022.
Russian LNG numbers to China almost 20% up in the first two months of 2024
Russian LNG deliveries to China surged by 18% during January and February, reaching 1.2mn tonnes
BGFCL in Bangladesh initiates well revitalisation project, seeks to boost gas production
The Bangladesh Gas Fields Company Limited has initiated a workover project in Brahmanbaria to revive gas production from well number 14 of the Titas Gas Field.
PTTEP ramps up gas production in Erawan field to bolster Thailand's energy security
PTT Exploration and Production Public Company Limited announced a significant increase in natural gas production from the Erawan field, a key component of the G1/61 project in the Gulf of Thailand.
Maharashtra State Road Transport Corporation unveils India's first LNG-powered bus
The Maharashtra State Road Transport Corporation has achieved a historic milestone by introducing India's inaugural bus fuelled by Liquefied Natural Gas.
Bangladesh launches 'win-win' offers for offshore gas exploration
Bangladesh is resuming oil and gas exploration in the Bay of Bengal after a prolonged hiatus. The country is aiming to address depleting energy reserves that could be exhausted within the next decade
GECF strikes bullish tone on gas demand growth
The Gas Exporting Countries’ Forum (GECF) has come out with a bullish prediction that consumption of the fuel will surge by 34% by the middle of the century.
Sinopec brings West Sichuan gas field on stream
China’s publicly traded downstream giant, Sinopec, announced last week that it had brought the West Sichuan Gas Field into operation, so marking another major milestone for its ‘Project Depth Earth – Sichuan and Chongqing Natural Gas Base'.
China set to get record volume of Russian oil in March
China is expected to receive a record volume of Russian oil this month, on the back of increased volumes of Sokoil oil produced in the Far East that India has stopped buying because of US sanctions concerns.
Indonesian government bolsters natural gas supply amidst deficit
The Joko "Jokowi" Widodo administration has taken steps to ensure the supply of natural gas to PT Perusahaan Gas Negara through liquefied natural gas amidst a gas deficit in Central Sumatra, South Sumatra, and Western Java
Pertamina Hulu Energi seeks contract scheme change in four oil and gas blocks
PT Pertamina Hulu Energi, a subsidiary of Indonesia's state energy company PT Pertamina, formally requested a contract scheme change from the gross split to cost recovery for four oil and gas blocks managed by the company earlier this year.
PetroChina International Jabung Ltd. expects contract extension in Indonesia until 2043
PetroChina International Jabung Ltd., an oil and gas company operating in Jabung, Jambi, has expressed optimism regarding the extension of the Jabung Working Area contract until 2043, under the cost recovery contract scheme.
Bangladesh to venture into oil exploration, aims to alleviate energy crisis
In a bid to address its enduring energy challenges, Bangladesh, among the poorest nations in Asia, has initiated a foray into oil exploration
Bangladesh to enhance energy infrastructure through sea-land integrated oil system
Bangladesh's maiden sea-land integrated oil storage and transportation system has commenced commercial operations
Indonesia's Ministry of Energy and Mineral Resources delves into offshore oil potential
The Ministry of Energy and Mineral Resources of Indonesia is intensifying its exploration efforts in one of the offshore fields with promising oil reserves, located within the Offshore North West Java block
British Petroleum aims for 176 LNG cargoes production from Tangguh Plant in West Papua
British oil giant BP has set its sights on producing 176 liquefied natural gas cargoes this year from the Tangguh LNG Plant in Bintuni Bay, West Papua, with approximately 55 cargoes expected to come from Train 3
UAC ramps up petroleum production, powers up RDF3 plant to drive EBITDA growth
UAC Global is poised for a strong year ahead, targeting 15% revenue growth in 2024 from THB1.85bn in 2023.
Vietnam oil giant seeks stable rates, higher credit limits for growth
Vietnam Oil and Gas Group, the country's state-owned energy giant, is seeking government support to navigate rising interest rates and secure capital for ambitious development plans.
Indonesian state electricity firm PLN explores new financing model to boost gas power plant investments
Gas shortages challenge Bangladesh power sector growth amid new plant launches
Bangladesh confronts a pressing challenge in ensuring adequate gas supply for a slate of new gas-fired power plants, collectively boasting a generation capacity of approximately 3,510MW
India's reduced Russian crude imports signal shifting energy alliances
Amid escalating Western sanctions, India scaled back its procurement of Russian crude in February, exacerbating trade strains between the two nations.
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