AsianOil - Asia Oil & Gas

Esso files environmental plan for Barracouta well work programme

The earliest commencement of the JUR well programme is projected for the fourth quarter of 2025.

Eni extends charter of Ventura offshore rig in Indonesia

This marks the second of four optional wells taken up by Eni under its existing arrangement with Ventura Offshore.

Indian refiners reportedly resume yuan payments for Russian oil

Indian state-run refiners have resumed settling payments for Russian oil in Chinese yuan

Russia’s China pipeline push unlikely to boost gas exports before mid-2030s

Russia’s planned Power of Siberia 2 gas pipeline to China is unlikely to increase gas exports for at least a decade, with key terms still unsettled and a lengthy construction timeline ahead

Indonesia nears rollout of B50 biodiesel as palm oil tests conclude

Indonesia has completed laboratory tests for biodiesel containing 50% palm oil (B50), marking a key milestone toward expanding its renewable fuel mix next year, according to the Ministry of Energy and Mineral Resources

Palm oil stocks poised for rebound as prices surge and ESG pressures ease

Plantation counters that have long trailed palm oil prices could be set for a revival, as tightening supply, resurgent demand from Asia and softening environmental scrutiny attract renewed investor interest

India’s fuel consumption falls to a one-year low in September

India’s fuel consumption fell to a one-year low in September, slipping by 0.5% month-on-month to 18.63mn tonnes

Laos opens new fuel route via Vietnam

Laos has opened a new fuel import route through Vietnam to improve energy security and ensure stable fuel supplies for its northern provinces

Afghanistan grants Uzbek firm Eriell rights to a gas field

Afghanistan has granted Uzbek oil and gas firm Eriell the right to explore and produce hydrocarbons on its territory, marking a new stage in energy cooperation between the two neighbours.

Russia faces one of worst fuel crises in decades

Twenty-one of the country’s 38 large refineries have been attacked since January.

Taiwan faces scrutiny over Russian naphtha imports

Taiwan’s government has responded to recent reporting in the British media that identified the island as the world’s largest importer of Russian naphtha.

New Zealand government to introduce LNG imports in a bid to bolster energy security

The government’s energy package, announced in late September, includes a formal procurement process for an LNG import terminal, set to be the first such facility in New Zealand’s history.

India emerges as key buyer of Iranian crude despite US pressure

India has re-emerged as a significant buyer of Iranian crude oil, joining China in defying renewed American efforts to curb Tehran’s energy exports, according to Iranian officials.

Private fuel companies continue on cancelling Pertamina purchases over ethanol concerns

Several private fuel companies in Indonesia have cancelled their plans to purchase fuel from state-owned energy giant PT Pertamina (Persero) after discovering ethanol content in its fuel products

Russia to remain India's biggest oil supplier

India’s crude oil imports from Russia fell marginally in September but continued to make up more than one-third of the country’s total oil purchases, despite ongoing pressure from the United States to scale back trade with Moscow

Malaysia’s fuel recalibration: balancing fiscal discipline and public relief

In late September 2025, the Malaysian government unveiled a recalibrated approach to its long-running petrol subsidy, lowering the price of RON95 for citizens to $0.47 per litre.

Pakistan pivots away from LNG

Rising LNG prices have led Pakistan to shift away from LNG.

Russia’s Arctic LNG 2 raises production to record high

Russia’s heavily-sanctioned Arctic LNG 2 facility has increased production to record levels.

LNG Canada expected to start second liquefaction train soon

LNG Canada is preparing to begin start-up of its second liquefaction train, a spokesperson for the Shell-led facility.

Shell doubles down on LNG predicting demand to rise by 60% by 2040

CEO predicts LNG’s role as a transition fuel will grow and comprise 20% of global natural gas sales by 2040.

Indonesia’s energy minister downplays private fuel firms’ cancelled Pertamina orders

Thailand extends Mae Moh coal plant operations despite pollution concerns

Thailand has decided to extend the lifespan of several coal-fired units at the Mae Moh power plant in Lampang, sparking anger among local residents who have endured decades of pollution-related health problems

AIM-quoted Mongolian oil company Petro Matad receives “first oil revenues in its history”

Presenting its 1H25 financials, AIM-quoted Mongolian oil company Petro Matad said on September 29 that it had received “the first oil revenues in its history”.

China moves to limit shadow fleet crude deliveries

China’s oil ports in Shandong province are preparing to tighten the net on the so-called “shadow fleet” of tankers used in sanction-circumventing oil trade.

China sees shale oil numbers top 5mn tonnes

For Beijing, the achievement carries both strategic and political significance. China has long relied heavily on oil imports, and the development of shale resources is being positioned as a possible future hedge against external supply shocks.