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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)
Vedanta chairman calls for 50% domestic oil and gas output to secure India’s energy future
Vedanta Chairman Anil Agarwal has stressed the need for India to ramp up domestic energy production, urging that at least half of the country’s oil and gas requirements be met locally to strengthen long-term energy security
Samsung Heavy secures $1.5bn LNG carrier orders from Oceania
Samsung Heavy Industries has announced contracts worth $1.52bn to build six LNG carriers for two shipowners based in Oceania.
South Korea outlines measures to support petrochemical sector restructuring
The Ministry of Trade, Industry and Energy said on August 20 that the roadmap aims to reduce surplus capacity, shift production towards higher-value specialty products, strengthen firms’ financial health and limit the impact of restructuring
Turkey to sign agreement for oil and gas exploration fields in Pakistan soon, says minister
Turkey’s Energy and Natural Resources Minister Alparslan Bayraktar has announced that Ankara will soon sign an agreement for oil and gas exploration fields in Pakistan that it previously secured through a tender.
Australia's Origin Energy warns of slower and more costly transition to renewables
Origin Energy reported a stronger full-year profit last week, boosted by higher contributions from its LNG operations and cost efficiencies.
ADNOC-led group delays finalising takeover of Australia's Santos
“The market is telling you there’s increased risk and uncertainty,” one analyst said.
Indonesia plans fleet of small-scale refineries to handle US, domestic oil
Small refineries, typically ranging from 50,000 bpd to 150,000 bpd, lack sophisticated upgrading units and therefore lose out on economies of scale.
Indian Oil Corporation to continue Russian crude imports despite US pressure
Amid growing calls from Washington for New Delhi to reduce its dependence on Russian energy, Indian Oil Corporation (IOC) has said it will continue sourcing crude from Russia
SCG to restart $5.4bn petrochemical complex in Vietnam
Thailand’s SCG Group has announced plans to restart operations at the Long Sơn Petrochemical (LSP) complex in Vietnam
Details of Iraq-China agreement mechanism for project financing revealed
Iraq-China agreement account reaches IQD3.132tn in first half 2025 with daily oil allocation increased to 150,000 barrels to finance infrastructure projects through four-mechanism system.
Saipem begins construction on BP’s $7bn integrated gas project off Indonesia
Italy’s energy engineering and construction group Saipem has launched fabrication work on BP’s $7bn integrated project in Indonesia, marking a significant step forward in the expansion of the country’s LNG capacity.
Trump spares China over Russian oil while punishing India
US President Donald Trump has imposed steep tariffs on Indian exports in retaliation for New Delhi’s continued purchases of Russian oil, but stopped short of taking similar action against China, the world’s largest buyer of Moscow’s crude.
Asian LNG prices head south as markets await any Trump–Putin talks fallout
Some suggested Moscow may seek to reopen discussions on Arctic LNG 2, its 19.8mn tonnes per annum project, which is currently constrained by US measures.
India's Reliance faces biggest setback as US secondary tariff threatens Russian oil trade gains
Reliance Industries risks losing a significant competitive advantage among global refiners if Washington implements a 25% secondary tariff on India from August 27
HPCL-Mittal Energy enters Indian fuel retail market
HPCL-Mittal Energy Limited (HMEL), one of India’s leading integrated energy companies, has entered the country’s rapidly expanding fuel retail sector with the launch of its first AI-enabled energy station in Sector 108, Noida
China ramps up LNG imports after several sluggish months
Chinese LNG imports have climbed over the past month amid dropping prices and efforts to refill stock levels, reversing a trend of several months of declining imports;
Federal government retains full ownership of Petronas while boosting state participation
The federal government of Malaysia will remain the sole owner of Petroliam Nasional Bhd (Petronas), though measures have been introduced to increase state involvement through strategic collaboration platforms, joint project execution
Petronas targets 60% overseas share in upstream portfolio within a decade
Malaysia’s state energy giant Petronas plans to boost the share of its international upstream portfolio from the current 40–50% to 60% over the next ten years, while keeping Malaysia as a core investment base
Malaysian company Avangaad to sell offshore vessel for $10.5mn to strengthen asset portfolio
Avangaad Bhd (KL:AVANGAAD), previously known as EA Technique (M) Bhd, has agreed to sell its floating storage and offloading (FSO) vessel, FOIS Nautica Tembikai, for $10.5mn (MYR44.5mn) in cash
Sanctions on Russia push India to send diesel to China for first time since 2021
India’s Nayara Energy, which has ties to Russia’s Rosneft, is shipping diesel to China for the first time in more than four years, as European Union sanctions disrupt its petroleum exports
India’s LNG terminal capacity stands at 52.7 mtpa
India’s eight operational liquefied natural gas (LNG) terminals have a combined capacity of 52.7mn tonnes per annum (mtpa), with 13 LNG retail stations commissioned by state-owned oil and gas companies and another 16 operated by private entities
Asia drives global refining capacity growth
Global refining capacity is rising despite a decline in the number of refineries, with Asia and the Middle East leading growth through large, integrated projects.
Conrad sees progress at its two Indonesian PSCs
Indonesia-based Conrad Asia Energy has announced operational and resource updates for its two Indonesian production sharing contracts (PSCs) inthe Offshore North West Aceh (ONWA) and Offshore South West Aceh (OSWA) areas.
Chevron teams up with local partner to develop Thai block
US oil major Chevron has partnered with BCPR, an affiliate of Thailand’s Bangchak Group, to boost exploration and development activities at an offshore block in the Gulf of Thailand.
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