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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 teapots turn to Iranian crude as Venezuelan supplies dry up
China’s independent refiners are importing more Iranian crude to make up for a drop in Venezuelan supplies.
Conrad, Empryrean structure Duyung interests in Indonesia
Conrad Asia Energy and its subsidiary West Natuna Exploration have signed a binding term sheet with Empyrean Energy to settle historical cash call arrears linked to the Duyung production sharing contract (PSC) offshore Indonesia.
Petronas targets stable output near 2mn boepd
Petronas said it will ramp up exploration and production activity over the next three years to underpin Malaysia’s domestic energy security.
Beach, Santos land new Cooper Basin acreage
Beach subsidiary Drillsearch Energy and Santos were named preferred bidders for three large exploration blocks in Queensland’s Cooper Basin.
LNG buyers rethink portfolios as volatility becomes structural
LNG buyers are centralising procurement, expanding trading capability and rebalancing portfolios as price swings, geopolitics and supply growth reshape purchasing strategies, executives said at LNG2026.
LNG alliances move from contracts to co-creation
Partnerships across the LNG industry are becoming deeper, longer-term and more strategic as companies seek to share risk, secure financing and navigate geopolitical volatility, executives said at LNG2026.
Singapore charts pragmatic course towards a multi-fuel bunkering future
Just last year, alternative fuel bunkering at the Port of Singapore reached record levels. This was driven primarily by a sharp rise in LNG deliveries. In 2026, however, methanol is set to gain greater prominence.
India pivots to Venezuelan oil - Trump claims
Several times in recent months Indian officials have said there would be no succumbing to US sanctions on India’s preferred oil suppliers as all decisions would be made based upon India’s energy interests.
COMMENT: Trump’s Indian trade deal unlikely to cut Asia off from Russian oil
US President Donald Trump announced on social media that he was slashing tariffs on India from 50% to 18%, after cutting a new trade agreement that will see New Delhi reduce its imports of Russian crude oil dramatically.
Petronas charts ambitious upstream, LNG and carbon strategy through 2028
At the heart of the plan is increased upstream exploration and production. Under this umbrella, Petronas intends to intensify exploration in both existing and emerging basins.
Wafi Energy to invest $100mn in Pakistan over next three years
Fuel retailer Wafi Energy Pakistan plans to invest up to $100mn in the country over the next two to three years
Indian markets rebound after losses
US slashes tariffs on Indian exports after trade accord
The US agreed to slash tariffs on India from 50% to 18% after reaching a trade agreement on Indian exports and removing additional penalties added last year for importing Russian oil.
Angolan oil company Sonangol orders $245mn LNG carrier from South Korea’s HD Hyundai Samho
Angola’s state-owned oil company, Sonangol, has contracted South Korea’s HD Hyundai Samho (HD Hyundai) to build liquefied natural gas (LNG) vessel with delivery scheduled for June 2028.
Chevron in talks with Libya and Iraq on potential oil projects expansion
US energy major Chevron (NYSE: CVX) is holding discussions with the governments of Iraq and Libya to assess potential opportunities to expand its footprint in the oil sector.
US move to ease curbs may reopen Venezuelan oil supplies to India
A US signal indicating flexibility on Venezuelan oil trade could enable Indian refiners to resume purchases from the Latin American producer, with Reliance Industries expected to benefit the most
Canada eyes India to boost LNG exports
Upstart LNG exporter Canada is targeting India for a rise in sales with Prime Minister Mark Carney expected to visit the energy-hungry country in the coming weeks.
Vietnamese-led consortium secures $2.2bn Cà Ná LNG power project
The project centres on a 1,500-MW power station using combined-cycle gas turbine technology fuelled by imported LNG. It will be supported by a dedicated LNG port and regasification system.
Pakistan seeks Saudi, Chinese backing for $2bn PRL refinery expansion
Pakistan’s government and state-owned Pakistan Refinery Limited (PRL) are holding discussions with Saudi Arabia, China, global commercial banks and international financial institutions to secure funding for a $2bn refinery expansion project
Chevron nears deal to divest Singapore assets
Chevron is aiming to finalise the sale of its oil refining, storage, and retail marketing assets in Singapore in the first quarter, as the US major presses ahead with a broader effort to streamline its downstream portfolio in Asia.
Woodside shares rise on record output and strong revenues
Woodside reported record 2025 production and stronger-than-expected fourth-quarter revenue, lifting its shares, but flagged lower output in 2026 due to planned maintenance and project timing.
US control of Venezuela oil risks debt clash with China
American oversight of Venezuelan petroleum exports has trapped oil cargoes that Beijing was using to service debt, potentially creating a superpower confrontation that could complicate the South American nation's path out of default.
ADNOC leases out Singapore fuel oil storage for first time
The global trading arm of Abu Dhabi National Oil Company (ADNOC) has leased fuel oil storage capacity in Singapore for the first time, in a move aimed at expanding its trading activity and strengthening its presence in Asian markets.
Inpex works on faster development of Indonesia's Abadi LNG project
Japan’s Inpex is working to bring forward the development of its Abadi LNG project in Indonesia after Jakarta asked the company to speed up the long-delayed scheme to help meet rapidly rising domestic gas demand.
Australian, Timor-Leste leaders call for faster development of Greater Sunrise gas field
Australian Prime Minister Anthony Albanese and Timor-Leste Prime Minister Xanana Gusmao said on January 28 they want the long-delayed Greater Sunrise gas project to move ahead as quickly as possible.
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