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.

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

US sanctions four India-based firms, three nationals over Iran petrochemical trade

28 August 2026

The United States has imposed sanctions on four India-based companies and three Indian nationals over their alleged involvement in Iran’s petroleum and petrochemical trade as part of Washington’s newly launched “Operation Economic Outcast”

PTTEP signs 35-year gas deal for Thai-Malaysia JDA block

28 August 2026

A Thai company has secured a 35-year deal covering gas exploration and production in the Malaysia-Thailand Joint Development Area (JDA).

Indonesia’s H1 2026 oil and gas output falls short of targets

27 August 2026

The operational disruptions and accelerating natural field depletion across flagship assets had affected Indonesia’s upstream oil and gas sector, as it missed official government targets during the first seven months of the year.

Malaysian offshore vessel operator Keyfield International acquires distressed mega-dredger for $24.7mn

27 August 2026

Accelerating its long-term strategic pivot to diversify earnings beyond oil and gas support services, offshore vessel operator Keyfield International Berhad (KLSE: KEYFIELD) is expanding into regional dredging and marine civil engineering.

Australia's Comet Ridge takes full control of Mahalo gas project in Queensland

26 August 2026

Australia's Comet Ridge has completed the acquisition of Santos' 42.9% interest in the Mahalo gas project in Queensland, giving it full ownership and operatorship of the wider Mahalo gas hub.

New Zealand takes further step in reopening its oil and gas sector

26 August 2026

New Zealand is reviving offshore exploration as domestic gas supply declines.

Australia's Viva Energy makes profit gain on Middle East disruptions

26 August 2026

Australia’s Viva Energy has reported a sharp rise in first-half earnings as disruption to Middle Eastern flows drove up regional refining margins, while the company is also considering further storage expansion at its Geelong refinery.

Australia's Beetaloo oil and gas basin nears first gas production

26 August 2026

Australia’s Beetaloo Basin is approaching its first commercial gas production, with Tamboran Resources preparing to start sales from its Shenandoah South pilot project in the Northern Territory in the third quarter.

Australia's Woodside drops Scope 3 emissions targets as part of renewed focus on core operations

26 August 2026

Australia’s Woodside Energy has abandoned two 2030 targets linked to Scope 3 emissions and clean energy investment as it sharpens its focus on its core oil and gas business.

Sri Lanka kicks off new offshore licensing in another attempt to launch development

26 August 2026

Sri Lanka launched a new offshore licensing round on August 25, offering four exploration blocks in the Mannar Basin as it seeks to revive investment in domestic oil and gas exploration.

Norway-based TGS secures extension in big seismic acquisition offshore Indonesia

26 August 2026

Norway-based TGS has secured a one-month extension to what it describes as the largest seismic streamer acquisition contract offshore Indonesia.

France’s Viridien launches seismic shoot off western Peninsular Malaysia

26 August 2026

France’s Viridien has begun seismic imaging of the Langkasuka multi-client 3D hybrid survey offshore western Peninsular Malaysia, combining streamer and sparse ocean-bottom node.

China's CNOOC achieves record H1 profit

26 August 2026

Chinese offshore oil and gas major CNOOC reported record first-half profit and production on August 26, benefiting from higher oil prices following the Iran war and continued output growth.

Malaysian petroleum tanker operator Orkim Berhad posts 1H26 net profit growth of 6.8%

26 August 2026

Orkim Berhad (KLSE:ORKIM) posted a net profit of MYR22.91mn ($5.7mn) for the second quarter ended June 30 (2QFY2026), backed by a stable fleet utilisation rate of 91%,

Indonesian President Prabowo mandates total ban on oil, LPG imports

26 August 2026

Reinforcing Indonesia’s drive toward absolute national energy self-sufficiency, President Prabowo Subianto has mandated an immediate phase-out of foreign fuel imports

Korea and Vietnam seek deeper energy cooperation

26 August 2026

South Korea and Vietnam are exploring closer energy ties as the Middle East conflict disrupts global oil supplies.

TT wins tank design order for two Tsakos LNG carriers

25 August 2026

French LNG containment specialist GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering to design the tanks for two new LNG carriers being built by South Korea's HD Hyundai Heavy Industries.

Ebara Elliott, Doosan to develop LNG compression technology

25 August 2026

Ebara Elliott Energy and South Korea's Doosan Enerbility have agreed to jointly develop gas turbine-driven centrifugal compressors for LNG plants, targeting commercial availability from early 2028.

Papua LNG on track for FID by end of year

25 August 2026

Papua New Guinea’s Papua LNG project is on schedule for a final investment decision to be taken before the end of 2026.

South Korea’s Hanwha Aerospace expands US LNG operations

25 August 2026

South Korean defence group Hanwha Aerospace Co. (012450.KS) will establish a US subsidiary to manage its liquefied natural gas (LNG) operations as it builds out its global energy supply chain, the company announced on August 25.

Gladstone LNG partners acquire Australia’s Meridian Coal Seam Gas project

25 August 2026

Gladstone LNG joint venture partners have agreed to acquire the Greater Meridian Coal Seam Gas project from from Westside Corporation and Mitsui E&P Australia.

Energy crisis threatens Bangladesh's investment growth momentum

25 August 2026

A sharp rise in imports in June signalled a possible recovery in private investment in Bangladesh, but worsening gas and electricity shortages threaten to derail the momentum and deepen the country’s economic troubles.

Myanmar’s Sittway deploys diesel generators for power

25 August 2026

Diesel generators are being deployed in Sittway to help restore electricity to urban neighbourhoods as quickly as possible.

Edited by

Andrew Kemp

Editor

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