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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)
India’s Russian oil imports set for three-year low in December
India’s intake of Russian crude is expected to fall to its lowest level in at least three years in December as refiners scale back purchases to avoid breaching tightened Western sanctions
Russian oil discounts to India keep growing
China raises Iranian oil intake routed via Indonesia
Iran is shipping more crude to China via Indonesia, a tactic used to get around US sanctions aimed at curbing Iranian oil trade.
Indonesia auctions seized Iranian supertanker and cargo for $70mn
Indonesia auctions seized Iranian supertanker Arman 114 and 167,000 tonnes of crude oil cargo for minimum $70mn. The 1997-built vessel was detained in 2023 after oil transfer incident at Batam island port. Winner must remove tanker within 30 days.
US sanctions hurt Russian crude numbers sent to China
US measures targeting Russia’s energy giants and critical Chinese import infrastructure have sharply curtailed Moscow’s crude flows to China, sparking concern across global oil markets as Chinese buyers pull back.
US sanctions hurt Russian crude numbers sent to China
US measures targeting Russia’s energy giants and critical Chinese import infrastructure have sharply curtailed Moscow’s crude flows to China, sparking concern across global oil markets as Chinese buyers pull back.
South Korean firms rush to streamline petrochemical operations
South Korean petrochemical corporations are fast-tracking initiatives to rationalise their naphtha cracking centres (NCCs) before the government’s submission deadline closes at the end of the year.
Singapore’s GasCo on the hunt for Q1 2026 LNG
Singapore’s newly established state gas buyer, GasCo, plans to solicit long-term LNG supply offers in the first quarter of 2026 for delivery beginning in 2028, as part of efforts to close a looming supply gap.
Cambodia spends $2bn on energy imports
Cambodia spent $2.02bn on diesel, petrol, and combustion gas imports during the first ten months of 2025, representing an 11.5% decline compared with the same period last year
Unions threaten strike on Woodside’s Pluto 2 LNG expansion
Labour tensions have flared at Woodside Energy’s high-profile Pluto 2 LNG project in Australia, as a union coalition has applied to the Fair Work Commission for authorisation to strike.
PV DRILLING I set for Vietnam Sư Tử field campaign from March 2026
PetroVietnam Drilling & Well Service Corporation is preparing to redeploy its jack-up rig PV DRILLING I to Vietnam in March 2026, following the completion of its current assignment in Malaysia.
Indonesia set to inaugurate refinery development in Balikpapan, aims for fuel self-sufficiency
President Prabowo Subianto summoned Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia to the State Palace on November 20 to discuss key national energy issues, including preparations for the operation of the largest refinery development
Reliance stops using Russian crude at export-only Jamnagar refinery
India confronts stricter US sanctions as Russian oil imports decline
India’s reliance on discounted Russian crude — a pillar of its energy strategy since 2022 — has come under renewed strain as Washington tightens sanctions and imposes fresh tariffs on Moscow’s energy sector.
India's LNG imports down 23% in October
India and Japan eye deeper energy partnership
Hardeep Singh Puri, Minister of Petroleum and Natural Gas, held a roundtable in Tokyo with senior representatives of Japanese industry to explore new pathways for Indo-Japanese cooperation across the full energy value chain
LONG READ: How oil price discounts became a barometer of the sanction’s effectiveness
When Russian troops crossed into Ukraine in February 2022, the country’s main crude export blend, Urals, was still trading in line with its traditional discount to Brent of $2. A month later Russia discounted it by $30 to find buyers.
Thai oil major cuts ties with EV joint venture
Thai state-owned energy group PTT is preparing to sell its entire shareholding in an electric vehicle (EV) joint venture with Hon Hai Precision Industry, as part of wider efforts to restructure its business and strengthen cash flow
China’s Yangchang Petroleum purchases crude from UAE and Kazakhstan after halting Russian oil imports
India clears merger in oil and gas drilling sector
India’s Competition Commission(CCI) has approved a restructuring that will fold Cayman-registered ADES International Cayman into Shelf Drilling Limited
Valeura Energy plans 2027 drilling campaign off Thailand
Canada-based Valeura Energy said it plans to begin drilling in early 2027 on two newly acquired offshore blocks in the Gulf of Thailand.
Australia's Vintage Energy acquires stakes in Cooper basin projects
The company said it had signed a heads of agreement to buy Metgasco’s 25% interests in ATP 2021 and PRL 211.
ConocoPhillips strikes gas in Australia's Otway basin
It is the first gas discovery to be made in the Otway basin since 2021.
Mongolia to create working group to develop Soyuz Vostok gas pipeline
Tsivilev said Russia remained committed to the successful and timely execution of the pipeline project.
Vietnam finalises 2026 E10 fuel transition
Vietnam will require all unleaded petrol sold across the country to be converted to E10 biofuel from June 1, 2026
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