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)

Oman, Maldives strengthen fuel security through OQ Trading deal

6 February 2026

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

5 February 2026

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

QatarEnergy signs LNG supply deals with Petronas and Japan

5 February 2026

Qatar’s state-owned energy company, QatarEnergy, has secured a series of long-term liquefied natural gas (LNG) agreements with Malaysia’s Petronas as well as key Japanese entities, reinforcing its role as a major supplier to Asia

India's Cairn expands recovery efforts in Rajasthan and steps up offshore exploration

5 February 2026

Cairn Oil and Gas, part of the Vedanta Group, is accelerating production from its mature Rajasthan assets while expanding offshore exploration along India’s eastern and western coasts

Indian refiners not ordered to end Russian oil buys

4 February 2026

Indian refiners have not received government orders to stop buying Russian crude and would need a wind-down period to fulfil existing contracts even if it came.

Indian refiners seek policy clarity after US signals halt to Russian oil purchases

4 February 2026

Indian refiners are looking for direction from the government on future purchases of Russian crude after US President Donald Trump said that New Delhi would halt sourcing oil from Russia as part of efforts to secure lower US trade tariffs.

China teapots turn to Iranian crude as Venezuelan supplies dry up

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

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

3 February 2026

Fuel retailer Wafi Energy Pakistan plans to invest up to $100mn in the country over the next two to three years

US slashes tariffs on Indian exports after trade accord

3 February 2026

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

2 February 2026

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

2 February 2026

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

2 February 2026

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

1 February 2026

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

30 January 2026

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

30 January 2026

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

Edited by

Andrew Kemp

Editor

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