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)

Petrovietnam to trim Vietnam refiner BSR stake by 2027

20 October 2026

Petrovietnam (PVN) expects to finish selling down its holding in Binh Son Refining and Petrochemical (BSR), the operator of Vietnam's Dung Quat Refinery, by March 11, 2027

India cuts diesel export duty as global fuel market tightens

19 October 2026

India has nearly halved its diesel export duty as global fuel supplies remain constrained by disruptions in the Middle East and Russia, potentially improving the competitiveness of Indian refiners in international markets.

Australia’s Finder secures drilling rig for Timor-Leste oil project

19 October 2026

Australia's Finder Energy has secured a drilling rig for its Kuda Tasi and Jahal (KTJ) oil development offshore Timor-Leste.

India approves LNG terminal capacity booking platform to boost utilisation

19 October 2026

India's Petroleum and Natural Gas Regulatory Board has approved the creation of a centralised platform for booking unused LNG import terminal capacity.

Japan’s JERA increases indirect stake in Australia's Wheatstone LNG project

19 October 2026

Japan's JERA has increased its indirect participation in Australia's Wheatstone LNG project after acquiring a 42.08% stake in Pan Pacific Energy from the Japan Organization for Metals and Energy Security.

India's MRPL nearly triples quarterly profit despite lower refinery throughput

19 October 2026

India's Mangalore Refinery and Petrochemicals has reported a nearly threefold increase in quarterly net profit, benefiting from stronger refining earnings despite a decline in crude processing volumes.

Indonesia opens West Java LPG plant to reduce import dependence

19 October 2026

Indonesia has inaugurated a new LPG processing plant in West Java as part of efforts to strengthen domestic supplies and reduce the country's heavy reliance on imports.

Singapore, Indonesia, Malaysia hold joint oil spill drill

19 October 2026

Singapore, Indonesia and Malaysia held a joint drill simulating an oil spill that spread from Singapore waters to the Indonesian and Malaysian coastlines.

Malaysia's Petronas, Vietnam's Petrovietnam sign energy alliance

19 October 2026

Malaysian energy group PETRONAS and Vietnam National Industry-Energy Group (Petrovietnam) have signed an alliance agreement covering cooperation from oil and gas exploration to low-carbon projects.

Malaysia probes Selangor petrol stations over water-tainted fuel

19 October 2026

Malaysian authorities are examining seven petrol stations in Selangor after drivers reported that RON95 fuel suspected of containing water had damaged their engines.

Philippines and US explore oil reserves and nuclear energy ties

19 October 2026

The Philippines is turning to the United States for help in building emergency oil stockpiles and developing nuclear power after the two countries' energy chiefs met in Washington.

LNGPH plans $95mn third onshore LNG tank in Philippines

19 October 2026

LNGPH, the gas venture backed by Philippine tycoons Manuel V. Pangilinan, Sabin Aboitiz and Ramon Ang, plans to spend about PHP6bn (around $95mn) to add a third onshore LNG storage tank.

South Korea maintains diesel export restrictions amid refiner pressure

19 October 2026

South Korea's government is holding firm on restrictions on petroleum product exports that have been in force since March, rejecting calls from refiners to ease them.

Oil India re-enters coal bed methane exploration in Singrauli

19 October 2026

State-run Oil India Limited (NSE: OIL) has signed a revenue-sharing contract for a special coal bed methane (CBM) block in the Singrauli Coalfield region.

India's crude oil import bill surges 46% in September

19 October 2026

India's spending on crude oil imports rose 46% year on year to $15.4bn in September, even though volumes grew by only 7%.

Russia expects Power of Siberia gas exports to China to reach 39 bcm in 2026

18 October 2026

Russia expects to deliver 39 bcm of natural gas to China through the Power of Siberia pipeline in 2026.

Russia, Indonesia discuss Northern Sea Route trial voyage in 2027

18 October 2026

Russia and Indonesia are discussing a pilot shipment along the Northern Sea Route (NSR) in 2027, as Moscow seeks to attract more Asian cargoes to the Arctic shipping corridor.

Trump puts sweeping Russia sanctions on hold as energy crisis takes priority

18 October 2026

Trump has suspended sweeping new sanctions against Russia as soaring energy prices increasingly take precedence over efforts to pressure Moscow.

Greenpeace protest halts work at Australia's Scarborough gas project

18 October 2026

Australia’s Woodside Energy has suspended activities at a floating production unit serving its $12.5bn Scarborough gas project off Western Australia after four Greenpeace activists occupied the facility.

China buys half of Brazil's oil exports as Hormuz closure lifts trade

16 October 2026

China bought half of Brazil's oil exports as the war on Iran shut the Strait of Hormuz, helping push Brazilian sales to the Asian country to a record in the first nine months of the year, according to a report by the Brazil-China Business Council.

Malaysia cuts non-subsidised petrol, diesel prices

16 October 2026

Malaysia has lowered retail prices for non-subsidised petrol and diesel for the week of October 15 to 21.

Pertamina ships extra fuel to ease Bali shortage

16 October 2026

Indonesian state fuel distributor Pertamina Patra Niaga is shipping an additional 57.9mn litres of fuel to Bali and keeping more petrol stations open around the clock to restore disrupted supply on the island.

Pakistan updates IMF on fuel subsidies at Bangkok meeting

16 October 2026

Pakistan's Finance Minister Muhammad Aurangzeb told International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke about the country's fuel subsidy plans during a meeting in Bangkok.

Essar Oil & Gas wins five CBM blocks in India

16 October 2026

Essar Oil & Gas has secured five new coal bed methane (CBM) blocks in India, adding about 1,281 sq km of acreage across West Bengal, Madhya Pradesh and Telangana, parent company Essar Group announced on October 15.

Cambodia’s fuel import bill exceeds $2.5bn in nine months

15 October 2026

Cambodia spent more than $2.5bn on fuel imports in the first nine months of 2026, driven by sharp increases in diesel and petrol purchases.

Edited by

Andrew Kemp

Editor

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