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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)
Canadian High Arctic restarts Rig 103 under renewed Papua New Guinea campaign
Calgary-headquartered upstream contractor High Arctic Overseas Holdings Corp.(TSXV: HOH) has formally broken a multi-year drilling hiatus in Papua New Guinea
Australia drops draft of 20% LNG reservation rules
The Australian government has officially released its highly anticipated draft regulations for a blanket 20% domestic gas reservation mandate, initiating a high-stakes industry consultation window
Pakistan plans strategic oil reserves, seeks private storage to bolster energy security
Pakistan is preparing a broad strategy to strengthen its energy security by developing strategic petroleum reserves and expanding domestic storage capacity for crude oil and refined fuels.
India’s Morbi ceramic cluster hit by supply chain disruptions linked to Middle East conflict
The Indian ceramic and tiles industry, which maintains a deep trade link with the countries in the Middle East region, has been severely affected by the conflict involving the US, Israel and Iran.
Cambodia pursues UNCLOS solution for maritime energy dispute
Cambodia hopes international law will help peacefully settle maritime disputes with Thailand while unlocking major regional energy resources, according to Mines and Energy Minister Keo Rottanak.
China continues crude stockpiling despite lower levels of imports
China again continued to build its crude oil stockpile in April despite imports for the month falling to their lowest level in nearly four years.
Pakistan seeks Gulf backing for oil reserve hub siting
Pakistan has revealed that it is hoping to persuade Gulf oil producers to establish crude storage reserves at a planned energy hub near Gwadar Port as Islamabad attempts to strengthen domestic energy security following months of disruption.
Pakistan drops fuel prices prior to Eid amid continued oil market volatility
Pakistan has cut petrol and diesel prices nationwide for a second consecutive week ahead of this week’s Eid Al-Adha holiday period, offering a degree of relief to consumers expected to travel across the country in large numbers.
Australian Union Group Pulls Strike Action at Inpex’s Ichthys Plant
The Offshore Alliance union group has pulled strike action that had been planned for Inpex’s Ichthys LNG plant on May 27 and 28.
India announces fourth fuel price hike in 11 days
Escalating tensions in the Middle East have triggered another round of fuel price increases in India, with petrol and diesel rates rising for the fourth time in 11 days.
India eases LPG rules for households switching to piped gas
The Government of India has amended regulations governing domestic liquefied petroleum gas (LPG) connections, introducing greater flexibility for consumers who switch to piped natural gas (PNG).
India's April LNG imports drop 30%
India’s liquefied natural gas (LNG) imports in April stood at 1.954bn cubic metres (bcm), registering a sharp 29.6% drop compared with the same month last year.
Vietnam’s PV power prioritises LNG expansion funding
State-owned energy firm PV Power has no plans to float major subsidiaries or cut its ownership below 51%, choosing instead to protect long-term cash flow as it prepares for a costly new phase of LNG power investments.
IEA chief warns of oil markets entering "red zone" by July-August
Global oil markets could enter the “red zone” by July-August if additional Middle Eastern export supplies fail to materialise and inventories continue falling during the peak summer demand season.
Putin once more fails to clinch Chinese gas deal
Russia again failed to secure a final deal on the Power of Siberia 2 pipeline during Putin’s latest talks with Xi Jinping, despite the growing global energy crisis.
Myanmar central bank sells millions to fuel importers
Myanmar’s central bank has injected another $81mn into the fuel sector as authorities work to keep domestic fuel prices stable amid global market pressure.
Thailand pushes B20 fuel to ease energy costs
Thailand is promoting B20 diesel as a key measure to tackle rising energy costs amid escalating geopolitical tensions in the Middle East that continue to push global oil prices higher.
The geopolitical chokehold on Taiwan's polymer lifeline
For Taiwan, the sudden evaporation of naphtha and crude oil is not just a market fluctuation but a national security threat that will force an involuntary and painful "detoxification" from its plastic addiction.
Pakistan rejects IMF push for higher petroleum levy target in FY27 budget proposal
Pakistan’s Ministry of Petroleum has opposed the International Monetary Fund’s (IMF) proposal for a higher petroleum levy target in fiscal year 2026-27, instead recommending a significantly lower collection goal of PKR1,000bn ($3.6bn) in its budget.
Thousands of stations suspend RON95 sales across Vietnam
Thousands of petrol stations across Vietnam have halted sales of RON95 petrol as authorities push ahead with the nationwide rollout of E10 biofuel, signalling a major shift in the country’s fuel market.
Thai government expands aid amid rising energy costs
Thailand has unveiled a multi-billion-dollar support package aimed at helping households and small businesses cope with mounting energy-related costs and rising inflation.
Singapore forms coalition to bolster demand for carbon credits
Singapore has launched a new coalition backed by major corporates, investors and government-linked organisations aimed at boosting demand for high-integrity carbon credits.
Santos hails carbon capture milestone at Australia's Moomba CCS
Australia’s Santos said its Moomba carbon capture and storage project in South Australia has permanently stored 2mn tonnes of carbon dioxide equivalent in just over 18 months.
Santos takes FID on Papua New Guinea gas project
Santos and its partners in the PNG LNG project have approved a new gas development in Papua New Guinea aimed at sustaining LNG export supply.
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