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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)
Indian diesel exports to Europe hit all-time high in September
India’s loading of diesel exports bound for Europe hit an all-time high in September as a result of traders looking to cash in on arbitrage profits to the West.
Workers at Western Australia’s two Chevron LNG plants vote to restart strike
A deal to prevent industrial action at Chevron’s two LNG production facilities in Western Australia has fallen through, with employees voting on October 6 to restart strikes at the Gorgon and Wheatstone LNG plants.
Pakistan orders LNG spot cargo for December
State-run Pakistan LNG Ltd has awarded a tender to Swiss-based energy and commodities trader Vitol for the delivery of an LNG cargo in December. It marks Pakistan’s first spot purchase of a cargo of the super-chilled fuel in more than a year.
Indonesian oil & gas company PetroChina reveals environmentally-friendly gas flare utilisation
The plans of PetroChina International Jabung Ltd (PCJL), an oil & gas work contractor (KKKS), to harness gas flares are considered a step forward in the industry.
Russia selling oil to India at a premium amid tight global markets
Russia is now reportedly selling oil to India at nearly $80 per barrel, around $20 per barrel above the current Western price cap, according to statements from traders and Reuters calculations.
Vietnam emerges as a major player in the global LNG market
Kazakhstan advances plans to expand oil pipeline network to export 200,000 barrels per day to China
Eni makes big find offshore Indonesia as latter improves licence terms
Italy’s Eni took a major step this week in helping Indonesia fulfil its wish to boost natural gas production when it announced the discovery of approximately 141 bcm at the Geng North-1 exploration well.
Pakistan's Cnergyico imports first private sector Russian crude cargo
Pakistan’s Cnergyico announced this week that it had imported a 100,000-tonne cargo of Urals crude from Russia, the first private-sector imports of sanctioned Russian oil into the country.
Russian oil exports to India surge in September
Russian oil exports to India rebounded significantly in September, registering a 15% increase from a seven-month low recorded in August.
Vietnam’s Thi Vai LNG facility ready for commercial operations
Vietnam has marked a key milestone in its push to develop its gas industry, with the country’s first LNG warehouse and terminal complex having completed a series of additional technical tests and now ready to commence commercial operations.
QatarEnergy signs $3.9bn deal with Hyundai Heavy Industries for 17 LNG carriers
QatarEnergy has sealed a large-scale deal worth QAR14.2bn ($3.9bn) with South Korea's shipbuilding heavyweight HD Hyundai Heavy Industries (HHI).
Eni, the Italian oil and gas company, discovers significant gas reserves in Kutai Basin, Indonesia
Italian oil and gas company Eni, which currently holds the operator rights for the Indonesian Deepwater Development (IDD) block, has discovered significant proven gas reserves in the Kutai Basin Working Area (WK).
Brunei Shell Petroleum seeking damages from Malaysian Sapura Energy subsidiaries over alleged breaches
Pakistan's Cnergyico imports first private-sector shipment of Russian crude amid discount opportunities
In a bid to alleviate its ongoing financial challenges, Pakistan's leading refiner, Cnergyico, has announced the successful importing of the country's inaugural private-sector consignment of Russian crude oil, DAWN reported October 2.
India’s MEIL announces $648mn Mongolia refinery contract
Hyderabad-based Megha Engineering and Infrastructures Ltd announced on September 29 that it has secured a contract worth $648mn in Mongolia. The agreement pertains to the third phase of the Mongol Refinery project, as confirmed by the company.
AsianOil: Chevron and unions reach agreement, ending strikes at Australian LNG plants
Eni has aggressive plan for Indonesian gas, enabling move away from Russian supplies
Several officials from Italy’s Eni have expressed their company’s intentions to concentrate on developing gas assets in Indonesia with a view to moving away from reliance on Russian gas supplies.
Indonesian gas company Pertamina makes major carbon trading move
Pertamina Patra Niaga, a subsidiary of state-owned oil and gas company PT Pertamina (Persero) and part of the Commercial & Trading subholding, has actively participated in carbon trading.
Global efforts at stopping fossil fuel use unrealistic, says Beijing
In a statement delivered from Beijing on September 22, Xie Zhenhua, China's leading climate envoy, pushed back against calls for more forceful condemnation of coal, oil and gas use at the United Nations headquarters.
Saudi Aramco purchases interest in LNG developer MidOcean Energy
Saudi Arabia’s state-run petroleum and natural gas company Saudi Aramco revealed on September 28 that it has purchased a minority stake in LNG company MidOcean Energy.
Indonesia's state-owned oil and gas company Pertamina on its largest project yet: Balikpapan Refinery Development Master Plan
Vietnamese and Malaysia marine service companies establish joint venture
Vietnam’s Hai Duong Petroleum and Marine Corporation (Haduco) and RMS Synergy of Malaysia have formed a joint venture service company with the intention of providing services to oil and gas contractors in Malaysia.
Malaysian state premier reveals new efforts in Sarawak’s sour gas industry
The Premier of Sarawak in Malaysia, Tan Sri Abang Johari Openg, has unveiled plans to establish the coastal town of Bintulu as the central hub for the Sarawak Integrated Sour Gas Evacuation System (SISGES).
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