AsianOil - Asia 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)

IEA declares end to "Golden Age of Gas"

16 October 2023

The energy crisis triggered by Russia’s invasion of Ukraine effectively marks the end of the 10-year Golden Age of Gas, the International Energy Agency said in its medium-term gas market report this month.

COMMENT: Non-Western tankers carry most of Russian crude exports, G7 oil price cap fails

13 October 2023

Three-fifths of Russia's seaborne crude exports are now being shipped by tankers not required to comply with the G7 oil price cap, according to S&P Global data, as the oil price cap sanctions are increasingly seen to have failed.

Major Philippine oil companies announce price cuts on petroleum products

13 October 2023

In a move aimed at providing relief to consumers across the nation, several leading Philippine oil companies have implemented a substantial reduction in the prices of their petroleum products.

Global LNG supply diversification sought by Japan as Russia-Ukraine conflict drags on

13 October 2023

Amid the ongoing Russian-Ukraine conflict Japanese LNG traders are actively looking for alternative sources in regions like Qatar, Indonesia and beyond.

First welding marks the start of Pertamina gas subholding's oil pipeline construction in Central Java

13 October 2023

Pertamina's Gas Subholding, through its subsidiary PT PGAS Solution, in collaboration with PT Pertamina Patra Niaga, conducted the First Welding for the Oil Pipeline Project from Pengapon to Boyolali, aimed at meeting energy needs in Central Java.

Pakistan interested in regular LNG supplies from Russia — minister

13 October 2023

Pakistan has expressed its keen interest in securing liquefied natural gas shipments from Russia, as revealed by Russian Energy Minister Nikolay Shulginov during his address at the Russian Energy Week forum.

Japan and Australia forge energy resource stability agreement

12 October 2023

October 8 saw Japan and Australia solidify their commitment to guarantee a steady supply of energy resources, notably LNG and coal, from south of the equator to Japan.

Rosneft and Pertamina joint refinery in Indonesia inches closer to $24bn investment decision

12 October 2023

Indonesia's Ministry of Energy and Mineral Resources announced during Russian Energy Week that a critical investment decision for the collaborative venture between Rosneft and Indonesia's Pertamina is on the horizon.

PetroVietnam takes Over O Mon III and IV Gas-Fired power plants in Can Tho

11 October 2023

PetroVietnam, the state-owned oil and gas corporation, has assumed control of the O Mon III and IV gas-fired power plants following a recent decision by the Can Tho People’s Committee in Vietnam.

Pertamina and Garuda Indonesia conduct first flight test with sustainable aviation fuel

11 October 2023

Pertamina and Garuda Indonesia are jointly continuing the development of a “sustainable aviation fuel” (SAF).

Indian diesel exports to Europe hit all-time high in September

11 October 2023

India’s loading of diesel exports bound for Europe hit an all-time high in September as a result of traders looking to cash in on arbitrage profits to the West.

Workers at Western Australia’s two Chevron LNG plants vote to restart strike

9 October 2023

A deal to prevent industrial action at Chevron’s two LNG production facilities in Western Australia has fallen through, with employees voting on October 6 to restart strikes at the Gorgon and Wheatstone LNG plants.

Pakistan orders LNG spot cargo for December

9 October 2023

State-run Pakistan LNG Ltd has awarded a tender to Swiss-based energy and commodities trader Vitol for the delivery of an LNG cargo in December. It marks Pakistan’s first spot purchase of a cargo of the super-chilled fuel in more than a year.

Indonesian oil & gas company PetroChina reveals environmentally-friendly gas flare utilisation

9 October 2023

The plans of PetroChina International Jabung Ltd (PCJL), an oil & gas work contractor (KKKS), to harness gas flares are considered a step forward in the industry.

Russia selling oil to India at a premium amid tight global markets

6 October 2023

Russia is now reportedly selling oil to India at nearly $80 per barrel, around $20 per barrel above the current Western price cap, according to statements from traders and Reuters calculations.

Eni makes big find offshore Indonesia as latter improves licence terms

5 October 2023

Italy’s Eni took a major step this week in helping Indonesia fulfil its wish to boost natural gas production when it announced the discovery of approximately 141 bcm at the Geng North-1 exploration well.

Pakistan's Cnergyico imports first private sector Russian crude cargo

5 October 2023

Pakistan’s Cnergyico announced this week that it had imported a 100,000-tonne cargo of Urals crude from Russia, the first private-sector imports of sanctioned Russian oil into the country.

Russian oil exports to India surge in September

5 October 2023

Russian oil exports to India rebounded significantly in September, registering a 15% increase from a seven-month low recorded in August.

Edited by

Andrew Kemp

Editor

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