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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)
"Now it's business, not friendship." Russia ends discounted oil sales to India
Russian President Vladimir Putin told Indian Prime Minister Narendra Modi, “No more Mr Nice Guy. It’s just business now,” after the US softened sanctions on India’s purchase of Russian oil to alleviate a growing supply side squeeze.
Asia desperate for energy as Gulf disruption spreads
Across Asia, motorists are joining long lines at petrol stations as prices climb and governments across the region come to the realisation they could be left struggling to meet the energy demands of some of the world’s most populated countries.
US gives India 30-day waiver for Russian oil
India’s available reserves of around 100mn barrels would therefore last for only about six weeks, reportedly leaving New Delhi with limited alternatives to Russian supplies despite previous commitments to reduce purchases.
Hormuz crisis: oil markets move from disruption to chaos
The global oil market is sliding from disruption into what could become a full-scale crisis, as the blockade of the Strait of Hormuz leaves Gulf exporters unable to ship crude and running out of storage capacity.
Philippines considers emergency diesel reserves as oil prices surge
The Philippine government is considering establishing an emergency diesel reserve as global oil prices rise amid escalating tensions in the Middle East.
Taiwan reports oil and gas reserves above minimum
Taiwan holds sufficient crude oil reserves to cover more than 100 days of demand and natural gas stocks that would last for over 11 days, both exceeding the country’s mandated minimum levels, according to Economy Minister Kung Ming-hsin.
South Korea warns oil firms over price collusion
President Lee Jae Myung issued a new warning to domestic oil refiners on March 6 over suspected coordination in raising fuel prices, as tensions in the Middle East continue to escalate following US and Israeli strikes on Iran.
India's Petronet LNG declares force majeure after QatarEnergy notice
India’s biggest LNG importer, Petronet LNG, has received a Force Majeure notice from QatarEnergy (QE), and as a result PLL has issued corresponding Force Majeure notices to companies that it supplies LNG to.
China targets stable oil supply in five-year plan
China has set a goal to keep annual crude oil production at 200mn metric tonnes, equivalent to about 4mn barrels per day, under its upcoming five year energy plan announced on March 6.
Pakistan seeks Saudi oil route via Red Sea as Hormuz closure disrupts supply
Pakistan has asked Saudi Arabia to help secure crude oil shipments through the Red Sea port of Yanbu as the closure of a key Gulf shipping route threatens the country’s energy supply chain
Bangladesh scrambles for LNG supplies after QatarEnergy declares force majeure
Bangladesh is facing the risk of fuel shortages within days after a disruption in liquefied natural gas (LNG) supplies forced authorities to urgently seek alternative cargoes in the global spot market
Trump takes from Putin playbook with state-backed Hormuz maritime insurance
It wasn’t missiles that closed the straits of Hormuz. It was insurance companies. At the outbreak of hostilities international insurance companies canceled war-risk coverage.
Vietnam fuel prices jump amid Middle East conflict
Vietnam has significantly increased domestic fuel prices following a sharp rise in global oil markets driven by escalating conflict in the Middle East.
Middle East conflict disrupts fuel supplies in Myanmar
Fuel shortages have triggered long queues at petrol stations across Myanmar, as disruptions linked to the conflict in the Middle East reduce supplies.
Iranian warship sunk by US submarine was not in Indian waters
The IRIS Dena was a Moudge-class frigate in Iran's regular navy fleet and was part of the Indian Navy organised International Fleet Review between February 15-25 2026.
Bangladesh says fuel reserves adequate despite Hormuz risks
Bangladesh holds sufficient reserves of refined petroleum products and does not expect any immediate supply disruption even if shipping through the Strait of Hormuz is affected
Tata Consulting Engineers supports commissioning of integrated bioethanol refinery in India’s Odisha
Tata Consulting Engineers has supported the commissioning of India’s first integrated rice- and biomass-based bioethanol refinery in Odisha
Laos monitors fuel imports amid regional energy uncertainty
Fuel availability in the capital of Laos is gradually improving following renewed imports from Thailand, although several smaller petrol stations continue to report temporary stock shortages.
78 injured as submarine attacks Iranian naval vessel off Sri Lanka's coast
At least 78 Iranian sailors injured after submarine attack on naval vessel IRIS Dena off Sri Lanka's coast, with rescue operations under way near the city of Galle.
Indonesia’s fuel reserves are sufficient for 20 days amid Middle East tensions
Bahlil Lahadalia, Indonesia’s Minister of Energy and Mineral Resources, has stated that the country’s national fuel reserves remain adequate for approximately 20 days, citing escalating geopolitical tensions in the Middle East
MHB secures four-year offshore platform contract from PTTEP for Sarawak projects
Malaysia Marine and Heavy Engineering Holdings Bhd has secured a four-year offshore contract from Thailand’s upstream energy firm PTT Exploration and Production Public Company Ltd for projects located off the coast of Sarawak
New Delhi says it is prepared to handle energy disruptions amid Middle East tensions
The Indian government has asserted that the country is fully prepared to manage any short-term energy disruptions arising from the outbreak of hostilities in the Middle East and the evolving global energy situation.
Middle East tensions threaten Vietnam's energy security
Vietnam has been advised to strengthen its preparedness for potential oil supply disruptions and sharp price increases as tensions intensify in the Middle East, with experts urging a stronger focus on domestic reserves
Price-sensitive, import-reliant India grapples to shore up energy security amid Hormuz crisis
The disruption has already rippled into domestic markets.
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