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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)
IEA deepens 2026 oil demand cut to 1.6mn b/d as Hormuz war drains stocks
Global oil demand will shrink this year at the fastest pace since the pandemic, as war around the Strait of Hormuz lifts fuel prices and drains the world's stockpiles.
Vietnam seeks more long-term LNG
Vietnam's state-controlled PV GAS is sounding out suppliers for a second long-term LNG contract, as the country moves towards securing greater volumes under term agreements to support its rapidly expanding gas-fired power sector.
Origin Energy predicts decline at Australia Pacific LNG in 2027
APLNG production is forecast at 625-670 PJ in FY27, compared with 668 PJ in FY26.
China's CNOOC launches key offshore gas project
Bozhong 19-6 Phase I is now producing more than 5,200 tonnes of oil equivalent per day, or roughly 38,000 barrels of oil equivalent per day.
Eastern Gas spuds appraisal well at Venus coal seam gas project in Australia's Queensland
The well is the company’s first drilling campaign since listing on the Australian Securities Exchange in February and the first horizontal CSG well drilled in the area.
New Zealand issues 10-year oil and gas licence in push to revive upstream sector
New Zealand has awarded a new 10-year oil and gas production permit in the onshore Taranaki Basin, as the government seeks to revive investment in the country’s upstream sector and shore up declining domestic gas supplies.
Philippine airfares fall as CAB cuts fuel surcharge
Filipino air travellers will see ticket prices ease through the end of the month after the government cut the passenger fuel surcharge following a dip in jet fuel prices.
Russia’s share of India’s crude oil imports hits record 48% in June
Russia’s share of India’s crude oil imports climbed to a record 48% in June 2026, even as India sharply reduced overall purchases, highlighting the country’s growing reliance on Russian supplies.
Yinson leads Brazil’s Petrobras Albacora bid
Malaysia’s Yinson submitted the lowest bid in Petrobras’ tender for a new floating production, storage and offloading vessel for the Albacora field in Brazil’s Campos Basin, offering $2.3bn.
Thailand’s PTT returns to Indonesia after oil spill deal
Indonesia is set to lift an investment moratorium on Thai energy giant PTT after the company paid compensation linked to a 2009 oil spill in the Timor Sea.
Vietnam oil and gas firms hold nearly $6.8bn in cash
Vietnam’s oil and gas sector continued its profit streak in the second quarter, while its biggest companies accumulated almost VND178.5 trillion ($6.8bn) in cash and cash equivalents.
Lithuanian LNG operator to work on Vietnamese import infrastructure
Lithuanian LNG terminal operator KN Energies has agreed to work with Vietnam-based Indel Petro on the development of LNG import infrastructure in Vietnam.
Australia's EVOL LNG to supply Murchison gold project
Australia’s EVOL LNG has signed Rox Resources as a new customer under an agreement to supply LNG to the Youanmi gold project in Western Australia’s Murchison region.
Technip Energies scores FFED deal for regas terminal in Malaysia
Technip Energies has been awarded a front-end engineering and design contract for the proposed RGT Yan LNG regasification terminal in Kedah, northwest Malaysia.
India weighs measures to strengthen chemicals sector
Union Minister for Chemicals and Fertilisers J P Nadda has reviewed a strategic roadmap for India’s chemicals and petrochemicals sector with industry leaders in New Delhi.
South Korea petrochemicals face renewed margin squeeze
South Korea’s major petrochemical companies returned to profit in the second quarter, but the recovery is expected to prove short-lived as margins deteriorate and global oversupply intensifies.
Indonesian Finance Ministry reviews targeted Pertalite subsidy restrictions
Addressing energy subsidy distribution inefficiencies, financial industry growth targets, and central bank leadership, the Indonesian government has outlined key macroeconomic measures
Hengyi Petrochemical books $914mn net profit as Brunei refinery drive earnings surge
Capitalising on tight Southeast Asian refined product margins and fully integrated chemical fiber production, China’s cross-border petrochemical producer Hengyi Pertochemical Co. reported record earnings.
India awards 30 ktpa green hydrogen capacity to four refineries
India has awarded 30 kilotonnes per annum (ktpa) of green hydrogen production capacity to four refineries under the National Green Hydrogen Mission (NGHM), as the government seeks to accelerate the use of clean hydrogen in the petroleum and refining.
India may curb sugarcane use for ethanol to boost sugar supplies
India is considering restricting the amount of sugarcane that sugar mills can divert to ethanol production in the coming season as the government seeks to increase domestic sugar supplies and contain record prices.
Mongolia rations gasoline as fuel shortages send drivers into long lines
Import disruptions from war-hit Russia leave ministers scrambling to arrange supplies from China, Korea and Kazakhstan.
Thailand, Myanmar pursue gas deals to strengthen energy security
Thailand and Myanmar are moving to renew gas contracts and explore new fields as Bangkok seeks to secure future energy supplies.
US overtakes Qatar as India’s largest LNG supplier amid Middle East disruptions
India has sharply diversified its liquefied natural gas (LNG) sourcing following supply disruptions linked to the Middle East crisis and tensions around the Strait of Hormuz, with the US emerging as the country’s largest supplier.
Israel's Ratio raises bid for Egypt-Vietnam-focused Pharos oil player, outplaying Serica
Israel’s Ratio Petroleum has raised its all-cash offer for London-listed Pharos Energy to £146.4mn ($198mn) after a rival approach from Serica Energy, narrowly topping Serica's bid and winning back the backing of the Pharos board.
China sees July rebound in oil imports, although Hormuz crisis continues to cast dark cloud over outlook
China’s oil imports rebounded in July after a near-decade low, while gas volumes held steady despite sharply higher costs.
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