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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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Last minute injunction stops Santos' Barossa gas field plan
Australia’s oil and gas producer Santos has been delayed in the start of laying an underwater pipeline that is part of its $3.6bn offshore Barossa gas project in the Timor Sea north of Australia.
Thai Pipeline Network successfully transports oil, reduces carbon emissions
Luechai Sudsakorn, the manager of Thai Pipeline Network Limited, has revealed the success of the oil transportation system from the oil storage depot in Saraburi to the storage depot in Khon Kaen
Cheniere and Foran Energy finalise 20-year LNG supply deal
Cheniere, the prominent US LNG exporter, has recently inked a substantial 20-year LNG supply deal with China's Foran Energy.
Oil prices defy analysts’ expectations and fall rather than rise after the outbreak of the Israeli-Hamas war
The oil price defied analysts’ expectations and fell rather than rose after the outbreak of the Israeli-Hamas war on October 7. A month later, despite a 3.7% drop in the price of a barrel of Brent, its value has returned to pre-war levels.
Shell sells Pakistan operations to Saudi Arabian firm
International energy giant Shell has decided to end its operations in Pakistan and sell its 77.42% holding in Shell Pakistan to Saudi Arabia's Wafi Energy. Shell said its decision to sell is part of a plan to reorganise its global business.
Sinopec joins Qatar’s NFS, signs LNG supply deal
Sinopec was this week made a partner in QatarEnergy’s North Field South (NFS) expansion project, with the deal providing the basis for a 27-year deal to supply LNG to China.
Vietnam's ongoing energy project makes advances on global partnership with McDermott despite corporate challenges
The recent collaboration and signing of crucial contracts by the Vietnam National Oil and Gas Group and its partners on October 30 in Hanoi marks a significant leap forward in the Block B - O Mon gas and power project
Iran says it's ready to provide technical energy services
Iran is ready to export its technical and engineering expertise in the oil, gas, and petrochemical sectors, First Vice President Mohammad Mokhbar told a major trade fair in China.
Russia considers increased energy co-operation with Southeast Asian nations
Russia's Ambassador to ASEAN, Evgeny Zagaynov, stated that there is potential to enhance energy co-operation with Southeast Asian countries.
Kazakhstan shows interest in boosting capacity to increase oil exports 10-fold to China
Indonesia aims to halt natural gas exports by 2036 to meet domestic needs
The Secretary-General of the National Energy Council, Djoko Siswanto, announced that by 2036, Indonesia would cease exporting natural gas, using 100% of its natural gas production to meet domestic needs
Malaysia, Singapore to invest in Indian green ammonia project
Malaysia’s Petronas and Singapore’s sovereign wealth fund GIC are planning to invest millions of dollars in a green ammonia project being put together by Greenko, a major renewable energy group in India.
Pakistan oil marketing companies’ sales jump 19% in October
According to a note by Topline Research based on the latest industry data, the monthly increase in volumetric fuel sales in Pakistan can be attributed to several factors
Russia's struggling shipbuilding industry seeks Chinese partnership
The struggles of Russia's shipbuilding industry have been no secret as it grapples with a series of challenges, including the impact of sanctions cutting off foreign components and expertise, workforce limitations and delays in project deliveries
Bangladesh signs long-term LNG supply deal with Excelerate Energy
Bangladesh’s state-owned Petrobangla has agreed to a long-term LNG supply deal with US company Excelerate Energy.
Indonesia sees dozens of uncommitted LNG cargoes in 2026
Indonesia is ramping up efforts to find purchasers for its LNG after an energy ministry official revealed that the country sees almost 70 uncommitted cargoes of LNG in 2026.
PetroChina reports 21% net profit growth in 3Q
Asia’s largest oil and gas producer, PetroChina, has reported a 21% year-on-year increase in net profit for the third quarter of 2023, reaching a record high.
China implements minimum size requirement for new oil refineries while capping total capacity
In a bid to control its total capacity at 1bn tonnes by 2025, China's state planner has announced the establishment of a minimum size requirement for new oil refineries
Oil prices up in India after US Fed keeps rates unchanged
Indonesia's gas reserves create opportunities for infrastructure expansion
In the last decade, Indonesia has discovered a significant gas reserve exceeding its oil reserves. This abundance makes infrastructure development essential for monetising these gas reserves
BP’s expanded Indonesian Tangguh LNG facility ships first cargo
BP’s Tangguh LNG plant has delivered the first cargo of LNG produced from the facility’s new third liquefaction unit the company announced on October 20.
China seeks faster progress on Russian gas pipeline project
In a statement issued by the Chinese government, Xi said he wanted to see “substantial progress” on the pipeline, which would run from the Arctic Yamal Peninsula through Mongolia to China.
Iran's daily oil sales to China soar beyond 1.8mn bpd
Iran’s crude exports to China have hit a record high in five years, skyrocketing to more than 1.8mn barrels per day in October, showed data from Brussels-headquartered analytics group Kpler.
Vietnam’s largest LNG terminal, Thi Vai, begins operations: a milestone for clean energy in the country
The Thi Vai liquefied natural gas terminal, a colossal 1mn-tonne project, has commenced its operations in the southern province of Ba Ria - Vung Tau, marking a substantial leap in Vietnam's energy landscape
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