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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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Sri Lanka nabs oil polluting tanker using satellite surveillance
Sri Lanka's Marine Environment Protection Authority is hailing a significant achievement in apprehending an unauthorised oil release, courtesy of a sophisticated satellite surveillance system it has been trying out with assistance from France
India’s refining margins slump as It struggles to secure Russian oil
Refining margins for India's largest state-owned refiners have witnessed a decline in recent months, attributed to challenges in accessing Russian crude and surging freight rates amid disruptions in the Red Sea affecting crude shipments.
Malaysia signs MOU with Nigeria for palm biomass development
The National Palm Produce Association of Nigeria has unveiled an initiative, revealing the Federal Government's signing of a Memorandum of Understanding with the Malaysian government to advance palm biomass development in Nigeria
Indonesia reveals gas infrastructure project in Batam
The Ministry of Energy and Mineral Resources is set to embark on an infrastructure development venture in Batam City, slated to kick off in July 2024.
Indonesia's Senior Minister Luhut announces China's petrochemical investment in North Kalimantan
Senior minister Luhut Binsar Pandjaitan recently disclosed China's significant petrochemical investment plans in North Kalimantan, emphasising Beijing's unwavering commitment to investment despite challenging economic conditions.
January bunker fuel sales up over 12% in Singapore on back of Red Sea worries
In Singapore, marine bunker fuel sales began the year 2024 on a robust note, according to the latest data for January released by the nation's Maritime and Port Authority
Gas discovery unveiled in Kohlu District of Balochistan
In what is being deemed a significant breakthrough in Pakistan, Mari Petroleum Company Ltd revealed on February 16 the discovery of a major gas deposit in the Kohlu District of Balochistan
First Pluto Train 2 modules arrive for Scarborough
The first three modules for Pluto Train 2 at the Woodside-operated Scarborough energy project have arrived in Karratha in Western Australia, marking a key step for the development.
Australian LNG update: Santos-Woodside merger off, LNG exports dip and cyclone warning
After abandoning negotiations on a merger with Woodside, Santos’ owners may consider a sale of the company to a global LNG producer
Equinor strikes LNG deal with Indian fertiliser maker
Equinor has reached a 15-year LNG supply deal to Indian petrochemicals group Deepak Fertilisers, with deliveries due to start in 2026, as the Norwegian energy group looks to expand its LNG trading operations.
Asia-Pacific on track for continued gas demand growth for at least 15 years: WoodMac
Natural gas demand in the Asia-Pacific will continue growing for the next 15 years, but the outlook after that point will depend on how the energy transition progresses.
India resumes imports of Russian Sokol oil after a two-month pause
Indian buyers have resumed the imports of Russian Sokol oil following a short two-month break in deliveries
Kyushu Electric to wait before investment decision on Energy Transfer’s Lake Charles LNG project
Japanese energy utility Kyushu Electric Power has decided to wait out the US LNG export pause before making a decision on investing in Energy Transfer’s Lake Charles LNG project, an executive from the Japanese company told Reuters.
Gas Malaysia Bhd strategises for sustainable growth amid economic outlook
Gas Malaysia Bhd affirms its commitment to maintaining operational efficiency and exploring avenues for growth as it navigates competitive landscapes in Kuala Lumpur.
Petronas secures exploration rights in West Papua's Bobara Block
Petronas Carigali North Madura II Ltd, a subsidiary of Malaysia's Petronas, emerged as the winner in the bidding for exploration and production rights in the Bobara Block situated in West Papua, Indonesia.
Afghan oil output rises with Chinese investment
Indonesia's strides in natural gas utilisation signal energy transformation
Indonesia's Ministry of Energy and Mineral Resources has disclosed an advancement in the country's energy sector, revealing that domestic natural gas usage soared to 68.2% of total production throughout 2023
Indonesia-owned PT PGN leaps into global LNG market, signals expansion plan
State-owned gas distributor PT PGN, a subsidiary of Pertamina, has embarked on an endeavor to broaden its global business footprint by the sale of seven liquefied natural gas cargoes to China
Vietnam's crude oil exports decline, Singapore emerges as new buyer
Vietnam's crude oil exports faced a challenging year in 2023, with falling volumes and values despite a surge in sales to Singapore
Chevron eyes Cambodian expansion as Thailand joint exploration talks heat up
US energy giant Chevron is eyeing a strategic expansion in Cambodia, planning to launch more service stations and expressing support for joint oil exploration with Thailand in the Overlapping Claims Area
In Pakistan, petrol and diesel prices are likely to rise by up to PKR11 per litre
The prices of petrol and high-speed diesel are expected to climb by PKR4-11 per litre in the upcoming fortnight, attributing the surge to elevated international prices and import premiums, which counterbalance the marginal gains.
Shell bullish on LNG, predicts 50% global rise by 2040
Oil and gas supermajor Shell expects global demand for LNG to soar by over 50% by 2040, the company predicted in its 2024 annual LNG market outlook published on February 14.
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