AsianOil - Asia 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)

Iran begins charging vessels to transit Strait of Hormuz through IRGC-controlled 'safe corridor'

20 March 2026

Iran begins charging up to $2mn per vessel for passage through a new IRGC-controlled "safe corridor" in the Strait of Hormuz, with India, China, Pakistan and Iraq among countries negotiating access.

Philippines weighs expanded subsidies as oil prices add pressure

20 March 2026

Marcos also said the administration is seeking to diversify energy sources beyond traditional suppliers in the Middle East.

Malaysia emerges as regional energy and stock haven as Iran war drags on

20 March 2026

Malaysia has emerged as one of Southeast Asia’s top-performing markets as the war in Iran drives energy prices higher and pushes global investors towards economies better positioned to weather volatility.

QatarEnergy warns of potential force majeure on Korean LNG contracts

20 March 2026

QatarEnergy may be forced to declare force majeure on long-term LNG contracts with several countries, including South Korea, as supply disruptions persist, according to a report citing the company’s chief executive.

India's ceramic hub falls silent as Middle East conflict disrupts gas supplies

20 March 2026

Most factories in Morbi, the ceramics manufacturing powerhouse in India's Gujarat, have remained shut as fuel shortages linked to the Iran conflict continue to disrupt production.

Thai industry urges action on rural fuel shortage

19 March 2026

The Federation of Thai Industries (FTI) has appealed to the government to take immediate action to address a growing fuel shortage affecting rural areas. Small-scale oil distributors, known locally as “jobbers”,

Vietnam requests crude and gas supplies from Algeria

19 March 2026

Vietnam is seeking additional crude oil and natural gas from Algeria as global energy markets face disruption linked to tensions in the Middle East.

South Korea secures 24mn barrels of UAE oil

19 March 2026

A senior official from the South Korean presidency confirmed on March 18 that the United Arab Emirates has committed to viewing Seoul as its primary partner for petroleum exports.

Asia turns to Russian fuel in record volumes

19 March 2026

China is also increasing its purchases from Russia, with imports estimated at 1.2mn to 1.5mn tonnes – primarily for use as a substitute feedstock in refineries.

Eni approves $5bn Indonesia gas projects

19 March 2026

Italian energy group Eni has approved two major offshore gas developments in Indonesia that are expected to produce around 2bn standard cubic feet per day (cf/d) of natural gas, the company said on March 18.

Japan petrol prices hit record level

19 March 2026

Japan’s average retail petrol price has reached a record JPY190.80 ($1.19) per litre, reflecting higher crude costs linked to the Iran conflict, according to data released on March 18 by the nation’s industry ministry.

Bangladesh turns to coal as LNG crunch deepens

19 March 2026

Bangladesh has sharply increased coal-fired power generation this month as an acute LNG shortage disrupts gas-based electricity output, following supply constraints linked to the ongoing conflict in the Middle East.

Taiwan absorbs $100mn to blunt fuel prices

19 March 2026

Taiwanese state-owned energy provider CPC Corp. has absorbed approximately TWD3.3bn ($100mn) in additional fuel expenses over the last fortnight to maintain domestic price stability.

Philippines suspends fare rise, Marcos expands subsidies

19 March 2026

President Ferdinand Marcos Jr has frozen a planned rise in public transport fares, stating that the current global instability makes it "not the time" to increase costs for citizens.

Myanmar introduces power rationing amid rising electricity demand

18 March 2026

Myanmar will introduce targeted electricity distribution measures as rising demand strains supply, the Ministry of Electric Power has announced.

Cambodia turns to Singapore, Malaysia for fuel supply

18 March 2026

Cambodia is increasing fuel imports from Singapore and Malaysia to offset supply shortfalls caused by export restrictions from Vietnam and China, Energy Minister Keo Rottanak told Reuters.

Falling crude output raises Vietnam’s import dependency concerns

18 March 2026

Vietnam is set to see domestic crude oil output decline this decade, heightening reliance on imports as ageing offshore fields and geopolitical tensions disrupt supply, according to a government report released this week.

Pakistan warns of post-April LNG gap as supplies start to dry up

18 March 2026

Pakistan’s Senate Standing Committee on Petroleum has been warned that the country could face difficulties meeting gas demand in the power sector after April 14, as imported LNG supplies are set to lapse.

India denies media reports of Iran tanker swap deal

18 March 2026

New Delhi is navigating a delicate balance between its energy dependence on Gulf suppliers.

Bangladesh steps up LNG purchases as Asia feels tightening of supplies

18 March 2026

Bangladesh is moving to secure additional LNG supplies from the spot market as part of the intensifying strain on global energy markets linked to the war in Iran and knock-on effects with supplies.

Japan’s JERA proposes LNG plant for Oahu as Tokyo grapples with energy strains

18 March 2026

Japan’s largest power generation company has set out plans to develop a liquefied natural gas-fired plant on Oahu, positioning the project as a lower-cost alternative to oil-based generation.

Japan eyes Alaska oil tie-up as supply risks mount

18 March 2026

Japan is preparing to use a forthcoming summit in the US to advance co-operation on crude production in Alaska, as Tokyo seeks to shore up energy security against mounting disruption linked to the conflict in Iran.

Bangladesh approves emergency spot LNG purchases

18 March 2026

Bangladesh has stepped up efforts to secure emergency energy supplies after a cabinet committee approved the purchase of two spot liquefied natural gas (LNG) cargoes from Aramco Trading Singapore.

India seeks Chinese urea supplies as Middle East conflict threatens fertiliser output

18 March 2026

ndia has asked China to allow the sale of some urea cargoes as the conflict in the Middle East disrupts natural gas supplies and raises concerns over fertiliser production in the South Asian country.

Edited by

Andrew Kemp

Editor

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