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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)
Myanmar residents burned during cross-border fuel transfers
Two people were injured in separate fire incidents linked to fuel shortages in the Myanmar border town of Myawaddy, rescue workers said.
Thailand arrests Myanmar national amid fuel export ban
Thai authorities have arrested a Myanmar national suspected of attempting to smuggle diesel across the border, days after Thailand imposed a temporary fuel export ban amid turmoil in global energy markets
Vietnam weighs zero fuel tax amid Middle East tensions
Vietnam is weighing a temporary cut of the environmental protection tax on fuel to zero percent as it seeks to secure supplies and shield the domestic market from escalating tensions in the Middle East
Japan to release oil reserves to counter supply risks
Japan plans to begin releasing oil reserves as early as March 16 in an effort to contain a potential surge in petrol and other petroleum prices brought about by the conflict in the Middle East.
Asia confronts energy price shock
Asian governments are working out how to tackle a sharp rise in energy prices and growing concerns about energy security across the continent, in the process prompting a range of policy responses.
Kazakhstan-China Pipeline marks two operational milestones
Kazakhstan–China Pipeline, a JV between KazTransOil and China National Oil and Gas Exploration and Development Company, has reported operational milestones for two key oil pipelines linking Kazakhstan with China, KazTransOil has announced.
Malaysia’s oil windfall faces inflation risks as crude prices surge
Malaysia could benefit from stronger export earnings and increased government revenue as global oil prices surge, although economists warn that the gains may be offset by rising inflation and higher costs for households and businesses
Middle East war sends shockwaves through Asian plastics market
Industry participants are already hurting by way of feedstock markets, particularly naphtha and liquefied petroleum gas, which combine to underpin much of Asia’s plastics production.
Pakistan cuts government spending, shifts to four-day workweek to tackle energy crisis
Pakistan has introduced a series of administrative and financial measures to manage economic pressure caused by the energy shortage linked to the Middle East conflict.
Commercial LPG shortage hits hotels and restaurants in major Indian cities
Hotel and restaurant associations in Bengaluru, Chennai and Mumbai have warned of disruptions to food services as a shortage of commercial liquefied petroleum gas (LPG) cylinders begins to affect the hospitality sector.
Bangladesh orders universities shut early to save power amid energy crunch
Bangladesh has ordered all public and private universities to close from Monday by advancing the Eid al-Fitr holidays as part of emergency steps to reduce electricity and fuel consumption during a deepening energy crisis.
Philippine businesses call for action on energy crisis
The Philippine Chamber of Commerce and Industry (PCCI), the nation’s largest business advocacy group, has urged President Marcos to be granted emergency powers to stabilise energy costs.
Vietnam pushes biofuel expansion as global oil prices rise
Vietnam is being urged to speed up its transition to biofuel blends as rising global oil prices and geopolitical tensions raise concerns over energy security.
Vietnam aviation warns of potential fuel shortage
Vietnam’s aviation sector is bracing for possible jet fuel shortages as escalating tensions in the Middle East drive up prices and disrupt global supply.
Myanmar imports fuel as government urges calm buying
Myanmar is moving to stabilise its fuel supply, with more oil tankers expected to arrive as authorities warn against panic buying.
Thailand considers 10pm petrol station closures to save fuel
Thailand is considering closing petrol stations earlier and expanding remote work to cut fuel consumption as global energy prices surge.
Thailand seeks fuel savings through remote working measures
Thailand has instructed state agencies to adopt remote working to curb fuel consumption as global oil prices surge.
Vietnam advises remote work as fuel prices surge
Vietnam has urged companies to adopt remote working to cut fuel consumption as global energy supplies tighten following the conflict involving Iran.
Cambodia orders transparency in fuel sales, stock disclosure
Cambodia has tightened regulations on fuel pricing, stock disclosure and sales transparency following a sudden KHR550 ($0.12) per-litre increase in petrol prices that triggered panic buying across Phnom Penh.
Gasoline and diesel prices increased from March 11 to 13 in Cambodia
Fuel prices in Cambodia will rise slightly from March 11 to 13, despite continued government subsidies.
Taiwan secures natural gas supplies through April
Taiwan’s natural gas supply is expected to be sufficient through April, after the country secured almost all shipments needed to replenish inventories.
Indonesia considers fast-tracking ethanol blending in fuel
Indonesia is considering speeding up the introduction of ethanol-blended petrol after global crude prices climbed above $118 per barrel, according to Energy and Mineral Resources Minister Bahlil Lahadalia
Malaysia pledges to maintain fuel price at $0.50 despite raising global prices
Malaysia will strive to keep the price of RON95 petrol at MYR1.99 per litre, equivalent to about $0.50, despite rising global crude prices triggered by escalating tensions in the Middle East, Prime Minister Anwar Ibrahim said on March 9
Energy strikes raise the prospect of higher fuel costs in Singapore
A fresh escalation in the Middle East conflict that is now targeting key oil and gas infrastructure is likely to push petrol prices higher in Singapore after fuel costs already increased last week
COMMENT: Oil at or above $100 per barrel threatens Indonesia’s Eid spending
Indonesia is heading towards the end of Ramadan, and Eid this year, under a massive cloud of economic stress.
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