AsianOil - Asia Oil & Gas

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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)

Mitsui affirms commitment to new US-led sanctions on Russia's Arctic LNG 2 Project

21 September 2023

In response to the recent imposition of fresh US sanctions related to Russia's Arctic LNG 2 gas project, Japan’s Mitsui has announced its intent to comply fully with the restrictions.

Indian oil firms seek solution for stranded dividend income purchases

21 September 2023

India’s public sector oil companies are keen to pursue any and all options to utilise their frozen dividend income sitting idle in Russian bank accounts.

Chinese crude imports point to economic recovery even if doubts remain

21 September 2023

China's persistent surge in crude imports throughout the year has left oil markets more puzzled than optimistic reports in Asia suggest.

Pakistan's Sui Gas closes hundreds of illegal connections

21 September 2023

Beset as it is with an economic crisis that has placed an enormous strain on energy supply within Pakistan, Sui Northern Gas Pipelines Ltd (SNGPL) has recently moved to seek out and close illegal gas connections throughout its region of distribution.

Petronas starts gas supply to new Bintulu methane plant

21 September 2023

Petronas said in a statement the Bintulu Additional Gas Facility (BAGSF-2) had commenced deliveries, thus contributing to the further growth of the petrochemical industry of Sarawak.

Indonesia takes step forward for floating LNG vessel off Madura

20 September 2023

Indonesia has moved a step closer to deploying a floating LNG vessel off Madura Island with the announcement on September 13 that Malaysian oil services firm Bumi Armada has signed a non-binding agreement with Davenergy Mulia Perkasa (DMP).

Indonesia discovers massive oil potential in Warim, Papua

20 September 2023

Luhut Binsar Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment of Indonesia has said that the Indonesian government has identified a substantial oil find of approximately 27bn barrels in Warim, Papua.

Global diesel shortage pushes prices over $1,000 per tonne

19 September 2023

Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.

Clock is ticking for Russia to clinch gas supply deal with China

19 September 2023

The clock is ticking for Russia to reach a contract with China for natural gas supply via the planned Power of Siberia 2 pipeline, but while Moscow claims negotiations are progressing, Beijing has been mute on the subject.

Cambodia's oil and gas imports decline even as demand is forecast to increase

19 September 2023

Cambodia has witnessed a decline in its intake of oil and gas products, with figures reaching $2.28bn during the January to August period this year.

Russia clears use of non-reinforced oil tankers in Arctic in bid to ensure exports stay high

18 September 2023

Russia has permitted unreinforced oil tankers to travel through the Northern Sea Route in the Arctic – a route the country has had to rely increasingly on to export its oil, natural gas and other natural resources in the face of Western sanctions.

India launches Global Biofuel Alliance at G20 gathering

14 September 2023

Indian Prime Minister Narendra Modi launched the Global Biofuel Alliance (GBA) in New Delhi on 9 September during the G20 Summit with the support of the US, Brazil, Italy, Singapore, Bangladesh, Argentina, Mauritius and the UAE.

Indian blackouts demonstrate a lack of foresight by New Delhi

14 September 2023

New Delhi is in the process of searching for more LNG in a bid to alleviate socioeconomic turmoil brought about by ongoing blackouts in some areas.

Environmentalists oppose EXIM support of Papua LNG project

14 September 2023

A group of 27 civil society and environmental conservation groups from across the Asia-Pacific, the US and Papua New Guinea have written to the US Export-Import Bank in Washington to “reject” the Category A Papua Liquefied Natural Gas Project.

Bangladesh to purchase two LNG cargoes on the spot market

14 September 2023

Bangladesh’s state-run energy company Rupantarita Prakritik Gas Company Ltd (RPGCL) has revealed it will purchase two cargoes of LNG in September and October.

Saudi Arabia, India speed up development of West Coast Refinery Project

14 September 2023

Crown Prince Mohammed Bin Salman of Saudi Arabia and Indian Prime Minister Narendra Modi agreed on a state visit to establish a joint taskforce to expedite development of the $50bn West Coast Refinery Project, facilitating a further $100bn in funding

Chevron and striking Australian LNG employees to meet at tribunal on September 22

14 September 2023

Chevron and striking workers at the company’s LNG plants in Australia will have their dispute heard by an industrial relations tribunal on September 22.

ADNOC Gas signs LNG supply deal with PetroChina

14 September 2023

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced on September 8 that it has signed an LNG supply agreement with PetroChina International Company.

Russia's lost opportunity in the energy transition

13 September 2023

Russia has lost, potentially irrevocably, its status as Europe’s top gas supplier as a result of its invasion of Ukraine and its subsequent weaponisation of supplies.

India’s ONGC deems New Delhi’s imports of Russian crude a win-win for the world economy

13 September 2023

India’s leading oil firm, Oil and Natural Gas Corporation Ltd (ONGC) has called the nation’s ongoing imports of Russian crude a ‘win-win’ for the world economy.

Edited by

Andrew Kemp

Editor

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