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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.
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)
India says fuel, fertiliser supplies remain stable
India’s fertiliser and fuel supplies remain secure despite escalating tensions in West Asia, with authorities reporting adequate inventories, uninterrupted refinery operations and stable logistics across key sectors.
India remains second-largest buyer of Russian energy in May
India remained the second-largest importer of Russian fossil fuels in May, purchasing an estimated €5.8bn ($6.7bn) worth of hydrocarbons as refiners stepped up crude oil imports from Russia.
Myanmar pushes ahead with offshore gas expansion
Myanmar is moving forward with new offshore gas developments amid the global shock with fuel price changes.
After the blockade: what Hormuz’s reopening does and does not resolve
A US-Iran memorandum has reopened the Strait of Hormuz after 108 days, but structural damage to energy markets, insurance and tanker routes will persist well beyond the diplomatic announcement
Trafigura, Vitol target Asia as Venezuelan oil output climbs
Recent outreach has included South Korea, Malaysia and India, where traders have pitched Venezuelan barrels at competitive prices
Oil prices drop as Pakistan announces US-Iran deal
Oil prices fell in early Asian trading after Pakistan, which has been mediating efforts to end the US-Iran war, announced a deal that US President Donald Trump said would lead to the reopening of the Strait of Hormuz.
South Korea marks ninth Red Sea oil shipment
A South Korean oil tanker has successfully transited the Red Sea and is now on its way home, marking the ninth crude oil shipment to use the route since April, the Ministry of Oceans and Fisheries said on June 14.
Japan’s JAL, ANA raise fuel surcharges to record levels
Japan Airlines and All Nippon Airways said on June 12 they will raise fuel surcharges on some international flights to record levels, reflecting a sharp increase in aviation fuel costs linked to the Middle East crisis.
Taiwan’s CPC keeps fuel prices unchanged for 11th straight week
It is the 11th consecutive week in which CPC has held fuel prices steady, despite international crude oil prices rising about 30% compared with levels before the US and Israel attack on Iran on February 28.
Swedish firm bags $105mn tube order for Eni's Kutei North gas project
Swedish alloy specialist Alleima announced on June 10 won an order worth around $105mn to supply advanced umbilical tubes for Eni’s Kutei North Hub project offshore Indonesia.
Japan rules out domestic gas discovery as not large enough for immediate development
Japan’s JAPEX has confirmed the presence of natural gas in part of an offshore reservoir in northern Japan, although the company said the discovery is not large enough for immediate commercial development.
Japan's JERA receives first LNG cargo from Australia's Barossa project
JERA has received its first LNG cargo from Australia’s Barossa gas project, adding a new source of supply to the portfolio of Japan’s largest power generation company.
Malaysia's Petronas strikes LNG supply deal with Japan's JERA
Malaysia’s Petronas and Japan’s JERA have signed a long-term LNG supply agreement under which Japan will receive up to 2mn tonnes per year of LNG for 20 years from 2028.
Japan's SODECO group asks Tokyo to exempt Sakhalin-1 project from Russian oil price cap
Japan’s Sakhalin Oil and Gas Development Co. has asked the Japanese government to seek an exemption from the Russian oil price cap for the Sakhalin-1 project.
Woodside blocks Inpex’s attempt to buy stake in Australia’s Browse LNG project
Australian LNG developer Woodside Energy has blocked an attempt by Japan’s Inpex to purchase PetroChina’s stake in the Browse LNG project.
Japan’s JERA signs 20-year LNG deal with Petronas
Japanese energy firm JERA has inked a 20-year sales and purchase agreement with Malaysia’s state-run Petronas.
Philippines' Petron plans jet fuel storage expansion
Petron Corp. intends to expand fuel storage capacities at its Limay terminal in Bataan, the Philippine energy firm announced on June 10.
India pivots to US for LNG supply
US supplied India with over 40% of its LNG supply in May.
Vietnam fuel prices down for third consecutive week
E10RON95 petrol remains outside the state price management mechanism. Retail prices are set by fuel distributors based on production costs, taxes, logistics expenses and other factors.
Indonesian National Energy Council plans asset takeover of idle oil tanks
As global hydrocarbon continues to be volatile, Indonesia’s National Energy Council (DEN) is executing an emergency infrastructure pivot to insulate the domestic economy
India explores Canadian crude imports
India is considering Canada as a potential source of crude oil imports, with the country's newer refineries well-suited to processing heavy crude grades produced in Canada.
US EIA predicts gaping deficit in oil supply for full year
Supply will fall 7mn bpd, and demand by only 1mn bpd.
Venezuela seeks to expand bilateral energy ties with India
The return of Venezuelan crude to Indian refineries may be one of the most significant shifts in global oil trade this year.
Oil India strikes gas in Andaman Basin
Oil India has reported a natural gas discovery at a third exploratory well in waters near the Andaman Islands in the Bay of Bengal, adding to increasing evidence that the frontier basin could emerge as a key new source of hydrocarbons for New Delhi.
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