AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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. 

We also include “Country Profiles,” offering multi-dimensional analysis on individual regions, from the broad perspective of political and policy news, to on-the-ground information on projects and production via our network of journalists and contributors.

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Read a recent issue cover to cover (click the image below)

Vietnam nears final decision on Block B gas project

5 November 2026

Block B of Vietnam's O Mon gas project is set to receive a final investment decision in July. Southwest Pipeline Operating Company, a unit of state-owned Vietnam Oil and Gas Group (PetroVietnam), made the announcement in May.

Indonesian oil company Pertamina to buy Moeve stakes in Algerian oil fields

5 November 2026

Indonesian state energy company PT Pertamina (Persero) has agreed to acquire Spanish energy group Moeve's participating interests in three onshore hydrocarbon fields in Algeria's Berkine Basin.

India's state oil firms seek 150mn litres of biodiesel

5 November 2026

India's three biggest state-run fuel retailers, Indian Oil Corporation (NSE: IOC), Bharat Petroleum Corporation (NSE: BPCL) and Hindustan Petroleum Corporation (NSE: HINDPETRO), have opened bidding for 150mn litres of biodiesel.

Pakistan seeks LPG from Saudi Arabia and Oman

5 November 2026

Pakistan is in talks with Saudi Arabia and Oman to import liquefied petroleum gas (LPG) as it tries to relieve shortages and bring down prices before winter, Petroleum Minister Ali Pervaiz Malik told reporters on November 3.

Vietnam's BSR posts nearly tenfold jump in quarterly profit

4 November 2026

Binh Son Refining and Petrochemical JSC (BSR) reported a nearly tenfold surge in third-quarter net profit to VND8.97 trillion ($349.93mn), driven by rising global oil prices and stronger refining margins.

South Korea shifts LNG imports from Middle East to US

4 November 2026

South Korea bought more liquefied natural gas (LNG) from the US than from the Middle East in the first nine months of the year, the first time North American supply has surpassed the Gulf region.

India's Reliance lifts refining, petrochemicals EBITDA by 67.9%

4 November 2026

India's Reliance Industries (NSE: RELIANCE) reported a 67.9% annual rise in earnings from its oil-to-chemicals (O2C) business in the July to September quarter.

Cambodia's Royal Group LNG plant to start by 2026

3 November 2026

Cambodian conglomerate Royal Group plans to bring the first half of its 900MW liquefied natural gas power station in Koh Kong province online by the end of 2026.

Taiwan's biggest coal plant turns to gas as renewables stall - IntelliNews Lambda

3 November 2026

Taiwan is about to demolish the oldest coal units at Taichung and is replacing them with imported gas, as renewables stall at about 12% of power.

Indonesia bans third-country routing for energy exports

3 November 2026

Indonesia has barred its natural resource exports from passing through third countries and now requires all such cargoes to sail directly from Indonesian ports to their final destinations.

Furnace oil, diesel drive 9.7% rise in Pakistan refinery sales

3 November 2026

Sales of petroleum products by Pakistan's refineries climbed 9.7% year-on-year to 1.12mn tonnes in October 2026, brokerage Arif Habib Limited said.

India biogas sector secures $338mn in investment pledges

3 November 2026

Investors committed more than INR32bn ($338mn) to India's biogas and compressed biogas (CBG) industry at the Renewable Energy India (REI) Expo 2026, the Indian Biogas Association (IBA) said.

Myanmar and Thailand explore Russian LNG imports through Dawei

3 November 2026

Thailand and Myanmar's military rulers had discussed importing Russian liquefied natural gas (LNG) into Myanmar for both nations to share.

India's refiners cash in as the world runs short of diesel

2 November 2026

India has become the diesel supplier of last resort, and Reliance's Jamnagar complex shipped more of the fuel in October than in any month for a year and a half.

Indonesia, India and Pakistan race to stockpile oil after Hormuz shock - McKinsey

2 November 2026

Importers that entered the Hormuz crisis with empty tanks are racing to build oil stockpiles, but announced plans add only 7% to global crude stocks.

Indonesia's Pertamina eyes Nigerian oil assets as Jakarta prepares state-led crude procurement

2 November 2026

Indonesia's national oil company Pertamina is considering Nigerian upstream assets as Jakarta begins shifting overseas energy procurement towards government-to-government arrangements

India's energy majors bank a war windfall

2 November 2026

India's three biggest energy groups have just reported bumper quarterly profits, but the fuel margins behind the largest slice of the windfall are already easing.

Singapore rebuts Indonesia over LNG resale claims

2 November 2026

Liquefied natural gas (LNG) handled by Singapore-based traders generally travels straight from producing countries to buyers without reaching Singapore, the city-state's Ministry of Energy, Trade and Industry (METI) said.

Vedanta aims to cut crude output costs in India's Rajasthan

2 November 2026

Vedanta Oil & Gas wants to bring down crude extraction costs in Rajasthan to $10-13 per barrel, compared with $16.5 now.

Pakistan caps refinery margins after profits surge twentyfold

2 November 2026

Pakistan's major oil refineries posted a nearly twentyfold increase in combined profit for the quarter ending in September.

OPEC+ holds December output steady as 2027 call looms

1 November 2026

OPEC+ left December production targets unchanged on November 1, deferring any fresh policy move into next year as the group grapples with Iran war export disruptions

Iranian crude shipment arrives in China after 3.5-month voyage at sea

1 November 2026

A tanker carrying 2mn barrels of Iranian crude oil has docked in China after spending three and a half months at sea, monitoring service TankerTrackers.com said.

The fragmented cost of energy - IntelliNews Lambda

1 November 2026

European gas prices broke €100 per MWh on October 28 for the first time since 2022, with the tanks meant to carry the continent through winter only three-quarters full.

Indonesia squeezes Singapore as gas nationalism crosses a new line

31 October 2026

Indonesia has started using its gas as a political lever against Singapore, first cutting pipeline deliveries and then questioning what the city state does with Indonesian LNG.

South Korea eases diesel curbs as Asia rethinks fuel security

30 October 2026

South Korea will let its refiners export more diesel from November, as Asian governments ease wartime fuel controls only as far as their own supplies allow.

Edited by

Andrew Kemp

Editor

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