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.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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

Singapore, Indonesia, Malaysia hold joint oil spill drill

19 October 2026

Singapore, Indonesia and Malaysia held a joint drill simulating an oil spill that spread from Singapore waters to the Indonesian and Malaysian coastlines.

Malaysia's Petronas, Vietnam's Petrovietnam sign energy alliance

19 October 2026

Malaysian energy group PETRONAS and Vietnam National Industry-Energy Group (Petrovietnam) have signed an alliance agreement covering cooperation from oil and gas exploration to low-carbon projects.

Malaysia probes Selangor petrol stations over water-tainted fuel

19 October 2026

Malaysian authorities are examining seven petrol stations in Selangor after drivers reported that RON95 fuel suspected of containing water had damaged their engines.

Philippines and US explore oil reserves and nuclear energy ties

19 October 2026

The Philippines is turning to the United States for help in building emergency oil stockpiles and developing nuclear power after the two countries' energy chiefs met in Washington.

LNGPH plans $95mn third onshore LNG tank in Philippines

19 October 2026

LNGPH, the gas venture backed by Philippine tycoons Manuel V. Pangilinan, Sabin Aboitiz and Ramon Ang, plans to spend about PHP6bn (around $95mn) to add a third onshore LNG storage tank.

South Korea maintains diesel export restrictions amid refiner pressure

19 October 2026

South Korea's government is holding firm on restrictions on petroleum product exports that have been in force since March, rejecting calls from refiners to ease them.

Oil India re-enters coal bed methane exploration in Singrauli

19 October 2026

State-run Oil India Limited (NSE: OIL) has signed a revenue-sharing contract for a special coal bed methane (CBM) block in the Singrauli Coalfield region.

India's crude oil import bill surges 46% in September

19 October 2026

India's spending on crude oil imports rose 46% year on year to $15.4bn in September, even though volumes grew by only 7%.

Russia expects Power of Siberia gas exports to China to reach 39 bcm in 2026

18 October 2026

Russia expects to deliver 39 bcm of natural gas to China through the Power of Siberia pipeline in 2026.

Russia, Indonesia discuss Northern Sea Route trial voyage in 2027

18 October 2026

Russia and Indonesia are discussing a pilot shipment along the Northern Sea Route (NSR) in 2027, as Moscow seeks to attract more Asian cargoes to the Arctic shipping corridor.

Trump puts sweeping Russia sanctions on hold as energy crisis takes priority

18 October 2026

Trump has suspended sweeping new sanctions against Russia as soaring energy prices increasingly take precedence over efforts to pressure Moscow.

Greenpeace protest halts work at Australia's Scarborough gas project

18 October 2026

Australia’s Woodside Energy has suspended activities at a floating production unit serving its $12.5bn Scarborough gas project off Western Australia after four Greenpeace activists occupied the facility.

China buys half of Brazil's oil exports as Hormuz closure lifts trade

16 October 2026

China bought half of Brazil's oil exports as the war on Iran shut the Strait of Hormuz, helping push Brazilian sales to the Asian country to a record in the first nine months of the year, according to a report by the Brazil-China Business Council.

Malaysia cuts non-subsidised petrol, diesel prices

16 October 2026

Malaysia has lowered retail prices for non-subsidised petrol and diesel for the week of October 15 to 21.

Pertamina ships extra fuel to ease Bali shortage

16 October 2026

Indonesian state fuel distributor Pertamina Patra Niaga is shipping an additional 57.9mn litres of fuel to Bali and keeping more petrol stations open around the clock to restore disrupted supply on the island.

Pakistan updates IMF on fuel subsidies at Bangkok meeting

16 October 2026

Pakistan's Finance Minister Muhammad Aurangzeb told International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke about the country's fuel subsidy plans during a meeting in Bangkok.

Essar Oil & Gas wins five CBM blocks in India

16 October 2026

Essar Oil & Gas has secured five new coal bed methane (CBM) blocks in India, adding about 1,281 sq km of acreage across West Bengal, Madhya Pradesh and Telangana, parent company Essar Group announced on October 15.

Cambodia’s fuel import bill exceeds $2.5bn in nine months

15 October 2026

Cambodia spent more than $2.5bn on fuel imports in the first nine months of 2026, driven by sharp increases in diesel and petrol purchases.

TotalEnergies maintains Cambodia investment plans amid energy security risks

15 October 2026

The French energy company remains optimistic about Cambodia’s long-term economic prospects and intends to invest further in logistics infrastructure, according to its country managing director, Yuan Liu.

Laos to stockpile 60mn litres of fuel reserves

15 October 2026

Laos will hold fuel reserves of at least 60mn litres and push importers to buy from more countries to reduce the risk of shortages, Prime Minister Saleumxay Kommasith told lawmakers.

Thailand's EV incentives squeeze Japanese carmakers' market share

15 October 2026

Japanese carmakers including Toyota (7203) and Honda (TYO:7267) are losing ground in Thailand as tax breaks and subsidies for electric vehicles push buyers towards cheaper Chinese imports.

Tokyo crude futures hit record amid Saudi Arabia-Iran clashes

15 October 2026

The benchmark Dubai crude oil futures contract on the Tokyo Commodity Exchange climbed to an all-time high, breaking a record that had stood for 18 years and three months.

Vedanta Oil and Gas turns to chemical EOR in India's Rajasthan

15 October 2026

Vedanta Oil and Gas plans to use a chemical oil recovery technique at its Mangala cluster in Rajasthan to halt a fall in crude output.

Technip Energies to build HPCL Mumbai refinery lube units

15 October 2026

Hindustan Petroleum Corp. Ltd. (NSE: HINDPETRO) has hired France's Technip Energies (EPA: TE) to engineer, procure and build two major units at its 9.5mn-tonne-per-year Mumbai refinery in India's Maharashtra state

Pakistan, US discuss energy imports and trade deal

15 October 2026

Pakistan's finance minister discussed increasing US energy purchases and progress on a bilateral trade agreement with a US State Department official.

Edited by

Andrew Kemp

Editor

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