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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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Read a recent issue cover to cover (click the image below)
Oil jumps over 3% on-demand upgrade
Oil prices surged by more than 3% on December 14, building on gains from the previous session, driven by a weakened dollar and an upward revision in the oil demand forecast
Inpex given green light on Abadi LNG project in SE Indonesia
Inpex has been given the green light on the much anticipated $20bn Abadi LNG project
Papua New Guinea’s Kumul Petroleum looks to China to fund LNG projects
Papua New Guinea’s state-run Kumul Petroleum is progressing in discussions with several Chinese banks to fund the company’s stakes in two large LNG projects, a senior official at the company revealed.
Venezuela’s PDVSA resumes India oil exports after three-year hiatus
PTT Exploration and Production sets 5-year investment plan of $32.5bn, aims to grow sales by 9%
PTT Exploration and Production, Thailand's largest oil and gas exploration and production company, has unveiled its five-year investment plan of $32.5bn
Chinese energy giant UEG acquires major stake in Pakistan Refinery Limited
The United Energy Group of China is set to acquire over 30% of Pakistan Refinery Limited from the country's state-run oil titan, Pakistan State Oil
COP28: vague and voluntary promises
To say that COP28 in Dubai has been eagerly awaited would be an understatement.
PGN, PTGN and PGE forge gas agreement with PT Pupuk Iskandar Muda for Aceh and North Sumatra industries
PT Perusahaan Gas Negara Tbk. in collaboration with PT Pertagas Niaga and PT Pema Global Energi, recently concluded a significant Gas Sales and Purchase Agreement
Aramco acquires 40% of GO for $100mn
In a groundbreaking move, Saudi Arabia's oil giant Aramco has officially entered Pakistan's retail market, making an estimated investment of around $100mn
Phnom Penh reveals plans for Cambodia’s first ever LNG-fired power plant
The government of Cambodia has revealed plans to construct its inaugural gas-fired power station in Botum Sakor
Iranian oil sellers push up prices as Venezuelan crude rallies
Sellers of sanctioned oil from Iran are hiking offer prices to China after Venezuelan crude rallied following the suspension of US sanctions on the South American producer.
CNOOC starts construction of huge underground oil reserve
China National Offshore Oil Corp. (CNOOC) has started construction of a huge onshore project – the Daxie commercial underground oil reserve at Ningbo in Zhejiang Province in eastern China.
Bangladesh finds new oil and gas reserves in Sylhet
Indonesia's Pertamina terminates LNG offtake deal with TotalEnergies-led Mozambique LNG
Pertamina signed the offtake agreement with Mozambique LNG, a TotalEnergies-operated consortium in 2019. The joint venture plans to invest $20bn to develop the gas project.
Indonesian oil distributor AKR Corporindo initiates LNG venture in Java's KEK JIIPE, eyes 2027 operation
PT AKR Corporindo Tbk, a prominent player in the oil distribution sector, is gearing up to launch a liquefied natural gas project within the Java Integrated Industrial and Port Estate
AsianOil: Thailand faces energy dilemma amid global uncertainties
PTTEP achieves offshore discoveries in Malaysia, moves to engineering phase
PTTEP has announced a series of discoveries offshore Malaysia, unveiling new findings in three fields off Sarawak
Vietnam's gas power development: challenges and opportunities
Vietnam's National Electricity Development Plan predicts that domestic gas thermal power and liquefied natural gas will contribute a significant portion of the country's energy mix by 2030
Jadestone reports robust production performance in Malaysia
Pertamina nears final investment decision for LNG Abadi Block Masela project
Indonesia-owned gas company Pertamina is on the brink of making a crucial final investment decision for the LNG Abadi Block Masela project in the Tanimbar Islands
Thailand faces energy dilemma amid global uncertainties
In the wake of escalating complexities in the global energy markets, governments worldwide are earnestly considering the shift towards cleaner and more stable energy alternatives, and Southeast Asia is no different
Adani Total Gas turns multibagger after strong rally
Adani Total Gas Ltd shares experienced a robust surge on December 7, briefly hitting the upper circuit limit during the trading session/.
Seoul goes overboard with LNG import infrastructure
A recent study conducted by the Institute for Energy Economics and Financial Analysis has revealed that South Korea is undergoing a swift expansion of LNG import and storage terminals, with a significant potential for overinvestment and overcapacity
Iran's oil exports to China up by 110% after partnership deal
Iranian crude oil arriving in China has grown more than 110% since the two countries signed a long-term “strategic” partnership agreement in 2021.
Indonesia approves revised Abadi Masela development plan
The Indonesian Ministry of Energy has announced its approval of a revised development plan for the delayed Abadi Masela LNG/gas project. The $20bn plan, led by Japan’s Inpex, calls for a 9.5mn tonne per year onshore LNG facility.
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