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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.
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.
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Read a recent issue cover to cover (click the image below)
IEA scrutinises India’s gas-based economy goals
While Indian Prime Minister Narendra Modi has said once again that he wants to see India become a gas-based economy, the International Energy Agency (IEA) has said more needs to be done at a political level to achieve this.
Pertamina’s fortunes dominate Indonesia’s upstream prospects
Indonesia’s ability to turn around several years of oil and gas production declines is becoming increasingly tied to the fortunes of state-owned Pertamina.
Indonesia boosts 2021 drilling target by 150%
Indonesian upstream regulator SKK Migas has said it expects the country’s oil and gas players to boost development drilling by 150% year on year in 2021.
NRG AsianOil: CNOOC Ltd aims to boost production this year
State-run Chinese offshore developer CNOOC Ltd has announced plans to boost its oil and gas production by 3-5% this year as it seeks to bring on stream several new fields both at home and abroad.
Surge announces Midland Basin acquisition as other Asian firms exit shale
Surge Energy US Holdings announced on January 31 that one of its subsidiaries had signed a purchase and sale agreement (PSA) to acquire leasehold interest and producing wells from Grenadier Energy Partners II for $420mn.
Pan Orient reports Thai reserve boost
Canadian-listed independent Pan Orient has announced that the proven (1P) oil reserves of its Thai subsidiary more than doubled last year, following an independent reserves evaluation.
Woodside agrees on Pluto gas supply for NWS
Australian independent Woodside Petroleum has reached an agreement with Western Australia on supplying natural gas from its Pluto field to the North West Shelf (NWS) liquefied natural gas (LNG) project.
India warns of global economic fallout from soaring oil prices
The Indian government sounded the alarm this week over rebounding oil prices, saying that a sustained rally could hurt the global economic recovery.
Keppel, Daewoo, Samsung submit bids to Petrobras for FPSO construction
Brazil’s national oil company (NOC) Petrobras said earlier this week that it had received three proposals for a contract to build two new drilling platforms.
Japan’s trading houses pull back from upstream
Japan’s trading houses have begun pulling back from upstream projects amid intensifying emission reduction targets and weakening domestic oil and gas demand.
Chevron reports reduced production at Wheatstone LNG
Super-major Chevron has said its Wheatstone LNG plant is operating below capacity while repairs are carried out on an inlet separator.
LOOP oil exports to Asia hit record highs
Crude exports from the Louisiana Offshore Oil Port (LOOP) – the only US port that can fully load very large crude carriers (VLCCs) – reached a new record in January.
Woodside commits to Myanmar drilling despite coup
Australian developer Woodside Petroleum remains committed to drilling three deepwater wells offshore Myanmar this year, despite the country’s recent military coup.
Talon expands exploration portfolio
Australian junior Talon Petroleum has unveiled plans to expand its exploration portfolio by farming in to a stake in a proposed coal-bed methane (CBM) licence in Mongolia.
Occidental delivers carbon-neutral oil cargo to India
Occidental Petroleum announced this week that its Oxy Low Carbon Ventures division had delivered a cargo of carbon-neutral crude oil to Reliance Industries Ltd (RIL) in India.
BP sells stake in Oman gas project in major divestment move
NRG AsianOil: KNOC seeks to sell North Sea fields
State-owned Korea National Oil Corp (KNOC) is reportedly seeking to sell a number of its upstream assets in the North Sea as it strives to reduce its debt load.
Baker Hughes predicts 3-4 LNG FIDs in 2021
Oilfield services firm Baker Hughes anticipates that 3-4 LNG export projects will be sanctioned this year as the industry recovers from the pandemic-related downturn.
India forges closer ties with IEA
India’s concerns over energy security amid international oil price volatility have prompted the country to forge closer ties with the Paris-headquartered International Energy Agency (IEA).
OIL launches seismic campaign in north-east India
State-owned Oil India Ltd (OIL) has begun acquiring 2D and 3D seismic data at an onshore block in the north-eastern state of Tripura.
Strike spuds second West Erregulla appraisal well
Australian junior Strike Energy has spudded its second appraisal well in the onshore West Erregulla natural gas field in Western Australia.
Indonesian regulator confirms NuEnergy’s CBM discovery
Indonesian upstream regulator SKK Migas has confirmed Australian-listed NuEnergy’s discovery of gas at one of the company’s coal-bed methane (CBM) projects in South Sumatra.
ExxonMobil to bring West Barracouta on stream this year
US super-major ExxonMobil has said it is nearing completion of its West Barracouta project offshore Australia’s southern state of Victoria and aims to deliver first gas to the local market this year.
PTT reviews COVID-19’s impact on Thai LNG demand
State-owned Thai major PTT has said it is monitoring how the country’s latest outbreak of COVID-19 infections will affect domestic demand for liquified natural gas (LNG).
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