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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)
China snaps up US-seized Venezuelan crude
China has purchased Venezuelan crude oil that was sold by the US following Washington’s seizure of President Nicolás Maduro in January and a number of the country’s oil tankers.
Russia ramps up oil sales to China while cutting Indian shipments sharply
Russia boosted seaborne oil exports to China in January while shipments to India fell sharply, highlighting deepening structural pressures on Moscow’s energy trade as buyers shift supply patterns.
India expresses interest in US LNG
India would be open to purchasing LNG from the US if the world’s biggest supplier of the super-chilled fuel offered reasonable prices, the CEO of state-owned Petronet said.
Russia to add two new ice-class Arc7 LNG carriers in 2026
Growth of ice-class Arc7 LNG carriers is integral to unlocking the full potential of Russia’s LNG facilities in the Arctic.
Oman secures deepwater exploration deal with Petronas and OQEP
The Sultanate’s Ministry of Energy and Minerals has finalised a concession contract for offshore Block 18.
MedcoEnergi secures offshore Malaysia PSC from Petronas
PT Medco Energi Internasional Tbk (MEDC), the oil and gas producer controlled by the Panigoro family, has strengthened its global presence after securing the operatorship of the Cendramas Production Sharing Contract (PSC) offshore Malaysia
Indian Railways diesel use drops 62% as electrification accelerates
Indian Railways reduced diesel consumption by about 1.78bn litres in 2024-25, achieving a 62% reduction compared with 2016-17
Oil India Q3 profit falls as weaker crude realisations squeeze margins
Indian state-run explorer Oil India reported a sharp decline in third-quarter profit as lower crude price realisations and rising costs compressed margins despite a recovery in domestic fuel demand
New Zealand starts contracting for LNG import facility
New Zealand’s government will move forward with contracting an LNG import facility, in a bid to strengthen energy security and mitigate the economic impact of declining domestic gas production.
Woodside-led JV advances plans for large-scale CCS project in northwest Australia
The proposed project would establish a carbon dioxide gathering network linking onshore emitters via new pipelines or imported volumes transported by ship.
Japanese oil and gas firms lobby Australia for more favourable policy
The analysis suggests Japanese LNG operators worked alongside Australian gas interests to advocate policies that would extend the life of the industry and slow the transition to cleaner energy sources across the Asia-Pacific region.
Malaysia's Petronas invites bidding for nine offshore blocks
The blocks are located in the Sandakan and West Sarawak basins offshore Borneo, as well as in the Malay Basin off Peninsular Malaysia.
Qatar’s North Field East: a measured albeit vague expansion the world is waiting for
NFE is the first leg of a broader plan to almost double Qatar’s LNG production capacity. Currently sitting at around 77mn tonnes per year, capacity is expected to grow to roughly 110mn tpy by as early as this year.
New Delhi and Washington’s ongoing claims and counter claims over Russian oil exports to India
Russia is still exporting oil to India. At least that is what New Delhi – and Moscow - claim. Half a world away meanwhile, Washington has repeatedly announced that New Delhi is on the cusp of a clean break.
Sabah secures offshore oil stake through SMJ Energy–Petronas deal
The Sabah state government has finalised another significant upstream oil and gas investment, with state-owned SMJ Energy Sdn Bhd acquiring a 20% non-operating interest in an offshore production-sharing contract (PSC) covering four oil fields
Russian ‘shadow fleet’ tankers cite Singapore to obscure oil buyers
Russian oil tankers operating within the so-called shadow fleet are increasingly declaring Singapore as their official destination, signalling a shift in export routes and renewed efforts by Moscow to hide end buyers amid Western sanctions
Vedanta Group calls for push in domestic oil and gas exploration to secure India’s energy independence
Vedanta Group chairman Anil Agarwal has urged India to accelerate domestic oil and gas exploration to reduce import dependence and strengthen energy security
US forces board Venezuelan-linked tanker in Indian Ocean enforcement operation
US military forces boarded the oil tanker Aquila II, a vessel linked to Venezuela, in the Indian Ocean during an operation announced on February 9 by the US defense secretary, according to the Department of Defense
Brent set to fall 10% in 2026, analysts say
The average price of Brent crude oil is expected to fall by around 10% in 2026 to $62.1 per barrel, despite a recent rise in prices, as a persistent supply surplus continues to weigh on the global market.
Exploring the Russia-India oil rupture
India’s imports of discounted Russian crude, which surged after the invasion of Ukraine, are now under pressure as Western sanctions enforcement and trade diplomacy complicate what was once a straightforward economic choice.
Japan’s Mitsui considers stake in Qatar’s North Field expansion
Japanese trading firm Mitsui is pondering purchasing a stake in QatarEnergy’s huge North Field expansion project.
Taiwan agrees to increase US LNG imports
Taiwan has confirmed it will increase US LNG imports to comprise about one-third of its imported supply of the super-chilled fuel in 2026.
Oman, Maldives strengthen fuel security through OQ Trading deal
The Omani energy-dealing branch of the OQ Group OQ Trading (OQT) on February 4 said it has granted a structured medium-term credit facility to the State Trading Organisation (STO) of the Maldives.
Aster Chemicals targets refining expansion in Singapore
Singapore-based Aster Chemicals and Energy expects to complete several major projects in the second half of this year aimed at expanding refining capacity and reducing feedstock costs, according to the company’s chief financial officer
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