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.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Read a recent issue cover to cover (click the image below)

Reliance begins direct purchases of Venezuelan crude

7 April 2026

A unit of India’s Reliance Industries has started loading a 2mn-barrel cargo of Venezuelan heavy crude purchased directly from state-run PDVSA.

Rising fuel prices force Thai airlines to trim routes

6 April 2026

Thai carriers are scaling back services as soaring fuel prices, driven by conflict in the Middle East, begin to hit the industry.

Illegal fuel production in Laos exposes vehicle risks

6 April 2026

Authorities in Vientiane have shut down an illegal fuel production facility producing substandard petrol with dangerously high sulphur content, following a raid on April 4, 2026.

Bangladesh foils illegal diesel shipment bound for Myanmar

6 April 2026

Twelve suspected smugglers have been detained after attempting to transport diesel illegally to Myanmar, authorities in Bangladesh said.

Bangladesh turns to spot market yet again to counter supply fears

6 April 2026

Bangladesh has accelerated its efforts to secure confirmed LNG supplies by moving to purchase three additional cargoes for May delivery from the spot market as concerns continue over potential disruptions from the Gulf.

Malaysian PM says direct-line diplomacy secures release of Petronas tankers in Hormuz

6 April 2026

Malaysian Prime Minister Anwar Ibrahim reveals that his personal intervention with Iranian President Masoud Pezeshkian successfully secured the release of seven Malaysian tankers previously held in the Strait of Hormuz

Pakistan confronts power shortfall as oil and gas shocks expose internal weakness

6 April 2026

Pakistan is facing the prospect of a power shortfall approaching 30% as a combination of external oil and LNG supply disruptions and domestic mismanagement places significant strain on the country’s energy system.

Pakistan’s Sindh Province secures fare freeze as fuel costs rise

6 April 2026

Chief Minister Murad Ali Shah has secured a province-wide freeze on public transport fares following negotiations with transport operators, as authorities respond to rising fuel costs driven by the global oil crisis.

IMF presses Pakistan to cap energy subsidies

6 April 2026

Pakistan has been asked by the International Monetary Fund to restrict energy sector subsidies to a ceiling of PKR830bn ($2.98bn) in the forthcoming budget, as part of ongoing fiscal consolidation efforts.

Pakistan initiates digital payouts to transport sector to counter fuel shock

6 April 2026

Pakistan’s Prime Minister Shehbaz Sharif has said the government has started to distribute relief funds to public transport and freight operators through digital wallets, as it seeks to cushion the impact of sharply rising fuel costs.

Laos inflation accelerates amid a sharp increase in fuel prices

6 April 2026

Laos’ inflation has surged to 9.7%, driven by soaring fuel prices linked to the global oil crisis

Chinese energy giant expands ambitions in Vietnam's power sector

6 April 2026

China Energy Engineering Group Global is seeking to deepen cooperation with Vietnam’s state utility as it targets opportunities in clean and conventional power.

Cambodian tuk-tuk drivers demand support amid fuel crisis

6 April 2026

Hundreds of tuk-tuk drivers in Phnom Penh staged a protest against ride-hailing platform Grab on April 3, demanding higher fares and lower commissions as soaring fuel prices squeeze their earnings.

OPEC+ sets symbolic quota rise as Hormuz closure bites

5 April 2026

OPEC+ has agreed a modest increase in oil production quotas from May, a move that is more about signalling future intent than shifting near‑term supply

Russia to increase energy supplies to India

5 April 2026

Russia has indicated it is prepared to increase deliveries of oil and LNG to India, in order to maintain support for New Delhi’s fertiliser requirements, as global energy markets remain unsettled.

Taiwan secures LNG supply assurances from a ‘major’ country

5 April 2026

Taiwan has received assurances over LNG supplies from a major producing country, according to the island’s economy minister, as concerns grow over the impact of the Iran war on energy imports from the Middle East.

Tight LNG market spurs China to resell record volumes

3 April 2026

The world’s largest LNG importer is capitalizing on sky-high prices in the Asian LNG spot market with Chinese firms reselling record volumes amid ample supply from domestic and pipeline gas.

Japanese tanker becomes first LNG vessel to transit Strait of Hormuz

3 April 2026

A Japanese LNG carrier belonging to Mitsui OSK Lines has become the first LNG vessel to pass through the Strait of Hormuz since the conflict erupted in the Middle East.

Japan’s JERA annuls deal with Commonwealth LNG

3 April 2026

Japan’s largest energy company JERA has terminated its long-term LNG sales and purchase agreement with US developer Commonwealth LNG.

China resells LNG cargoes at premium as Asian prices surge

3 April 2026

China has been reselling liquefied natural gas cargoes, including volumes linked to Russian projects, at two to three times their original purchase price, as it capitalises on a sharp rise in Asian energy price spike.

Petrol, diesel prices surge to record highs as Pakistan hikes fuel rates

3 April 2026

Pakistan has raised petroleum prices to historic levels, with petrol set at PKR458.40 per litre and high-speed diesel at PKR520.35 per litre, following a steep revision driven by global oil market pressures.

Chinese consortium launches 400 MW Laos solar project

2 April 2026

A new consortium led by Chinese firms is advancing plans for a 400 MW solar power plant in Laos, marking a significant push into Southeast Asia’s renewable energy market.

Jurong Island’s output cut triggers $1.64 petrol spike in Australia

2 April 2026

Singapore’s reclaimed oil refining region, the 32-square-kilometre Jurong Island, has become the primary driver of record-high petrol prices in Australia as Middle East supply shocks ripple through the Asia-Pacific energy corridor.

Taiwan aviation fuel fees jump 157% as crude climbs

2 April 2026

A massive spike in international and domestic flight costs is imminent as aviation authorities respond to the escalating global energy crisis.

Edited by

Andrew Kemp

Editor

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