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)

IEA chief warns of oil markets entering "red zone" by July-August

25 May 2026

Global oil markets could enter the “red zone” by July-August if additional Middle Eastern export supplies fail to materialise and inventories continue falling during the peak summer demand season.

Putin once more fails to clinch Chinese gas deal

25 May 2026

Russia again failed to secure a final deal on the Power of Siberia 2 pipeline during Putin’s latest talks with Xi Jinping, despite the growing global energy crisis.

Myanmar central bank sells millions to fuel importers

24 May 2026

Myanmar’s central bank has injected another $81mn into the fuel sector as authorities work to keep domestic fuel prices stable amid global market pressure.

Thailand pushes B20 fuel to ease energy costs

24 May 2026

Thailand is promoting B20 diesel as a key measure to tackle rising energy costs amid escalating geopolitical tensions in the Middle East that continue to push global oil prices higher.

The geopolitical chokehold on Taiwan's polymer lifeline

22 May 2026

For Taiwan, the sudden evaporation of naphtha and crude oil is not just a market fluctuation but a national security threat that will force an involuntary and painful "detoxification" from its plastic addiction.

Pakistan rejects IMF push for higher petroleum levy target in FY27 budget proposal

22 May 2026

Pakistan’s Ministry of Petroleum has opposed the International Monetary Fund’s (IMF) proposal for a higher petroleum levy target in fiscal year 2026-27, instead recommending a significantly lower collection goal of PKR1,000bn ($3.6bn) in its budget.

Thousands of stations suspend RON95 sales across Vietnam

22 May 2026

Thousands of petrol stations across Vietnam have halted sales of RON95 petrol as authorities push ahead with the nationwide rollout of E10 biofuel, signalling a major shift in the country’s fuel market.

Thai government expands aid amid rising energy costs

22 May 2026

Thailand has unveiled a multi-billion-dollar support package aimed at helping households and small businesses cope with mounting energy-related costs and rising inflation.

Singapore forms coalition to bolster demand for carbon credits

21 May 2026

Singapore has launched a new coalition backed by major corporates, investors and government-linked organisations aimed at boosting demand for high-integrity carbon credits.

Santos hails carbon capture milestone at Australia's Moomba CCS

21 May 2026

Australia’s Santos said its Moomba carbon capture and storage project in South Australia has permanently stored 2mn tonnes of carbon dioxide equivalent in just over 18 months.

Santos takes FID on Papua New Guinea gas project

21 May 2026

Santos and its partners in the PNG LNG project have approved a new gas development in Papua New Guinea aimed at sustaining LNG export supply.

Western Australia will be exempt from 20% gas reservation requirement

21 May 2026

The exemption eases fears of regulatory overlap and further uncertainty for LNG producers operating in Western Australia.

New Zealand's gas reserves drop to record low

21 May 2026

New Zealand’s remaining natural gas reserves have fallen to their lowest level in at least two decades, underlining the scale of the country’s energy supply challenge.

Australian LNG firms warn of long-term fallout from Hormuz crisis

21 May 2026

Australia’s biggest LNG producers warned that the disruption to flows through the Strait of Hormuz could have long-lasting consequences for global energy markets.

Australian regional governments make moves to support hydrocarbon projects

21 May 2026

Australian governments in the Northern Territory and South Australia have moved to support new gas, pipeline and carbon capture developments.

Japan's Inpex strikes domestic gas deal with Indonesian firms

21 May 2026

Japan’s Inpex signed a gas sales agreement on May 20 with several Indonesian state-controlled companies covering supply from the long-delayed Abadi LNG project.

Indonesia's latest push for upstream investment

21 May 2026

Indonesia has signed eight new upstream contracts and launched a major licensing round as it seeks to revive oil and gas production and reinforce its role as a key Asian LNG supplier.

Japan's Inpex takes stake in Australia's Browse gas fields

21 May 2026

Japan’s Inpex has agreed to acquire a 10.7% stake in the Browse offshore gas project in Australia from China’s PetroChina, expanding its position in one of the country’s largest undeveloped gas resources.

Indonesia launches licencing round for 13 oil and gas blocks

21 May 2026

Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has officially launched its 2026 oil and gas licencing round, offering a massive portfolio of 13 exploration and development blocks

Pakistan revives offshore oil, gas exploration with 23 new licences

21 May 2026

Pakistan has formally reopened its offshore oil and gas exploration sector after nearly two decades, awarding 23 offshore blocks under the Offshore Bid Round 2025 as part of efforts to strengthen domestic energy production.

Myanmar gas revenues supposedly linked to support of military regime

20 May 2026

Burma Campaign UK has urged Kurt Waldeland to withdraw his company from gas extraction projects in Myanmar, arguing that revenues from the sector continue to support the country’s military regime

Nicaragua and PetroVietnam hold energy investment talks

20 May 2026

Nicaragua's embassy in Hanoi met with the chairman of Vietnam's state-owned PetroVietnam on May 18 to explore investment opportunities in the Central American country's energy sector.

Bangladesh, Angola open talks on energy partnership

20 May 2026

Bangladesh and Angola have participated in their first high-level bilateral dialogue on energy cooperation, in the process marking an initial step towards a longer-term partnership.

Edited by

Andrew Kemp

Editor

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