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)

US controls Venezuelan oil pricing to China after Maduro's removal

23 January 2026

The United States is permitting China to purchase Venezuelan petroleum but insists on higher prices than Beijing paid under former president Nicolás Maduro's administration, a US official stated on January 22, the South China Morning Post reported.

SOCAR to finalise Pakistan energy investment next month after Davos talks

23 January 2026

Azerbaijan’s state energy company SOCAR is expected to finalise an investment in Pakistan’s oil and gas sector next month following high-level engagements held on the sidelines of the World Economic Forum in Davos

Cambodia’s spending on imported fuel down 9.6% in 2025

22 January 2026

Cambodia spent a total of $2.43bn on diesel, gasoline, and combustion gas imports in 2025, marking a 9.6% decrease compared with the previous year

Mitsubishi to enter US' Haynesville shale with Aethon acquisition

22 January 2026

Mitsubishi is buying US shale gas assets from Aethon Energy Management for $5.2bn

Chevron set to finalise sale of Singapore refining and fuel assets in early 2026

22 January 2026

Chevron plans to complete the sale of its oil refining and downstream assets in Singapore in the first quarter of the year, following final-stage negotiations with Japan’s Eneos and global commodities trader Glencore

India's Reliance to resume sanctions-compliant Russian crude imports in February and March

22 January 2026

India’s Reliance Industries(NSE: RELIANCE), operator of the world’s largest refining complex, is set to resume imports of sanctions-compliant Russian crude in February and March following a one-month hiatus

Istanbul-listed Aygaz to acquire LPG vessel from Korea’s Hyundai Samho for $119mn

21 January 2026

Turkey’s Aygaz (AYGAZ) has signed a shipbuilding contract with South Korea’s HD Hyundai Samho for the construction of a liquefied petroleum gas (LPG) transportation vessel, Aygaz said on January 15.

Murphy Oil may have made Southeast Asia's largest oil discovery in two decades: WoodMac

21 January 2026

Murphy Oil confirmed a major oil discovery offshore Vietnam earlier this month, with appraisal results indicating that the Hai Su Vang find could rank as the largest oil discovery in Southeast Asia in the past two decades.

India, UAE strike LNG deal

21 January 2026

India and the UAE have agreed to work towards doubling bilateral trade to $200bn by 2032, as New Delhi steps up efforts to diversify its economic partnerships amid pressure on exports to the US.

Australia's Roma North gas pipeline gets transmission classification

21 January 2026

Australia’s federal energy regulator has issued a draft decision proposing to classify the Roma North Gas Pipeline as a transmission pipeline.

Philippines reports first gas discovery in over a decade

21 January 2026

The Philippines has announced its first gas discovery in more than a decade near the Malampaya field, offering a potential boost to energy security as domestic supply tightens and LNG imports rise.

3D Energy strikes gas in Australia's offshore Otway basin

21 January 2026

Australia-focused explorer 3D Energy has discovered gas at its Charlemont-1 exploration well in the offshore Otway Basin.

Reservoir link wins multi-year service contracts from Roc Oil Sarawak

21 January 2026

Reservoir Link Energy Bhd has secured a series of work orders from Roc Oil (Sarawak) Sdn Bhd covering the period from 2025 to 2029

Iraq's Basra crude prices rise in line with global oil gains

20 January 2026

Prices for Iraq’s Basra crude grades rose, tracking gains in global oil markets as stronger-than-expected economic data from China lifted optimism about demand.

Taiwan refiners announce weekly increase for petrol and diesel

20 January 2026

Taiwan’s primary fuel suppliers announced on January 19 that petrol and diesel costs will increase this week, reversing last week's modest reduction of TWD0.2 per litre.

Taiwan refiners announce weekly increase for petrol and diesel

20 January 2026

Taiwan’s primary fuel suppliers announced on January 19 that petrol and diesel costs will increase this week, reversing last week's modest reduction of TWD0.2 per litre.

Mongolia eyes Chinese fuel imports to overcome Russian dependency

19 January 2026

Mongolia and China have agreed to step up cooperation on increasing imports of petroleum products, as Ulaanbaatar seeks to diversify supplies that are currently overwhelmingly sourced from Russia.

Vietnam brings first LNG power plant online as gas takes a larger role in energy mix

19 January 2026

Vietnam has commissioned its first commercial power plant fuelled by imported LNG, a step that signals a structural shift in the country’s electricity system.

Singapore port expands push for cleaner marine fuels with new LNG supplier licences

19 January 2026

Singapore is stepping up efforts to cement its position as a global hub for lower-emissions marine fuels by opening applications for new licences to supply LNG gas at the Port of Singapore.

Woodside deepens ties with Japan through winter LNG supply pact

19 January 2026

Woodside Energy has strengthened its commercial relationship with Japan’s largest power generator by securing a five-year agreement to supply LNG during the country’s peak winter demand period.

Qatar set for progress on Al-Shaheen following delivery from China

18 January 2026

A Chinese fabrication yard has successfully completed the load-out of critical offshore infrastructure for Qatar’s Al-Shaheen oilfield.

India’s Russian oil imports slide to two-year low as OPEC share rises

16 January 2026

India’s imports of Russian crude fell to their lowest level in nearly two years in December, as tighter Western sanctions disrupted flows and prompted refiners to source more oil from alternative suppliers, pushing OPEC’s share of imports

India’s oil firms strike onshore crude in Abu Dhabi

15 January 2026

India’s state-run oil companies have recorded a new overseas upstream milestone with an onshore oil discovery in Abu Dhabi, reinforcing the country’s push to strengthen energy security through international exploration

Egypt and Oman explore deeper energy and mining cooperation

14 January 2026

Egypt and Oman are moving to deepen cooperation in oil, gas and mining

Edited by

Andrew Kemp

Editor

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