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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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Japan looks to Qatar for LNG in effort to diversify supply
Facing growing energy security concerns, Japanese natural gas buyers are in talks on new LNG supply contracts with Qatar. With Qatar increasing output, a handful of Japanese companies are seeking to secure long-term supply contracts.
Turkmenistan will continue seeking to boost gas exports to China
Turkmenistan’s Minister of Foreign Affairs Rashid Meredov has said that his country will continue working to boost natural gas exports to China.
Japan issues thinly veiled threat to Australia on LNG exports
The Japanese government has made what is being seen as a thinly veiled threat to authorities in Canberra on Tokyo’s future involvement in large-scale LNG exports from Australia.
Senex, EnergyAustralia strike deal on gas supplies from Atlas project
Senex Energy, majority-owned by Posco International, revealed on July 3 a conditional agreement with EnergyAustralia, a utility company, for the supply of 24 PJ of natural gas from its proposed Atlas expansion project in Queensland's Surat basin.
Malaysia foresees decline in hydrocarbon production in 2024
Petronas has forecast that its hydrocarbon production will peak at around 2mn boepd next year. Malaysia’s state-owned oil and gas company said it would remain committed to production in country, but was also seeking foreign assets.
Wood lands $250mn contract with Shell JV in Brunei
UK-based Wood has landed a contract extension valued at $250mn from Brunei Shell Petroleum (BSP), the Southeast Asian country’s largest energy producer, the company announced this week.
Thailand boosts output from Erawen gas field
The director-general of the Department of Mineral Fuels, Sarawut Kaewtathip, told media that PTTEP’s Energy Development report had said gas output from the Erawan field had risen from 210mn cubic feet per day to 400 mmcf per day.
Australian East Coast to enjoy surplus of gas supply in 2024
The Australian Competition & Consumer Commission (ACCC) confirmed last week in a report that the east coast gas market will enjoy a surplus of supply through to 2024, despite past fears.
China’s appetite for LNG increases as Beijing just keeps on importing
China is on track to push its oil consumption figures past those of the US by 2034, according to a report released by the US Energy Information Administration.
OPEC+ members plan deeper cuts ahead of meeting
The two top oil producers in OPEC+, Saudi Arabia and Russia, have announced plans to prolong or make additional supply cuts in August as they seek to boost the price of crude.
Reliance, BP launch MJ gas field off India's east coast
The MJ field is a high-pressure and high-temperature (HPHT) gas and condensate field, with an anticipated peak output of around 12mn cubic metres per day of gas and 25,000 barrels per day of condensate.
Japan succeeds in low-carbon biomass replacing LNG aboard ship
In Japan, seven domestic firms, including globally renowned shipping heavyweight Mitsui OSK Lines (MOL), have recently wrapped a trial of low-carbon liquid form bio-methane on an LNG-powered vessel.
GAIL India adds 175-km Gurdaspur-Jammu pipeline to its portfolio
When complete, the deal will take the total length of GAIL’s operational pipelines across the country to 15,575 km, subject to the possible addition of other proposed pipelines in the meantime.
TotalEnergies, Petronas, Mitsui team up on Malaysia CCS
This collaboration aims to evaluate potential CO2 storage sites in the Malay basin, including depleted offshore fields and saline aquifers.
Malaysia’s Anwar argues case for hydrocarbons at Energy Asia forum
Anwar said oil and gas will be important to ensure affordability and energy supply in Southeast Asia. He argued that meeting net-zero targets “should not come at the expense of economic growth or vice versa.”
Australian-backed 3D seismic search investigates Gulf of Papua
In conjunction with the Papua New Guinea (PNG) Department of Petroleum, Australian firm Larus Energy has recently been involved in a ground-breaking seismic search of a rarely explored part of Southeast Asia.
Indonesia’s Pertamina, Malaysia’s Petronas to replace Shell in Masela project
The state energy companies of Indonesia and Malaysia are negotiating to take over Shell’s 35% stake in the offshore Masela project, according to Indonesian Energy Minister Arifin Tasrif.
Tamboran secures initial agreements with BP and Shell for Northern Territory LNG project
Australian independent gas company Tamboran Resources has revealed that it has reached initial agreements with Shell and BP as offtake partners at its proposed Northern Territory LNG (NTLNT) project Argus Media reported on June 23.
Mitsubishi expects no operational issues at Russia’s Sakhalin-2 LNG after Shell exit
Japan’s Mitsubishi Corp does not expect to see any operational problems at the Sakhalin-2 LNG project in Russia’s Far East, even with Shell’s exit from the project Mitsubishi’s chief executive said on June 23.
Oil’s roller-coaster increasingly dependent on China – for now
When some of the most severe lockdowns seen anywhere during the pandemic were finally lifted earlier this year, hope spread around the world that China’s rush to get back to the pre-pandemic ways would send markets and demand for oil soaring.
Chevron Australia decommissions infrastructure at Thevenard Island, restores habitat
Chevron Australia announced last week that it has completed the decommissioning of oil and gas infrastructure at Thevenard Island and has taken measures to restore the remote island’s habitat.
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