AsianOil - Asia 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. 

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

Eni sells Indonesian gas stakes to Pertamina, Medco

14 October 2026

Italian energy group Eni (BIT: ENI) has agreed to sell 10% stakes in seven gas blocks off East Kalimantan to state-owned PT Pertamina and PT Medco Energi Internasional (IDX: MEDC).

Seadrill secures drilling deals in Indonesia, Malaysia, Angola

14 October 2026

Seadrill (NYSE: SDRL) has won a $420mn drillship contract in Indonesia and extended work for rigs off Malaysia and Angola.

NYK, MISC venture signs 10-year Malaysia LNG charter

14 October 2026

A joint venture between Japan's Nippon Yusen Kaisha (TYO: 9101) and Malaysia's MISC Group (KLSE: 3816) has signed a 10-year time-charter contract with Malaysia LNG Sdn.

Pakistan faces $1.29bn LNG import bill this winter

14 October 2026

Pakistan expects to spend about $1.29bn on liquefied natural gas (LNG) imports between November and February, buying 10 cargoes on the spot market at roughly twice the price of Qatari supply.

Cambodia's fuel import bill jumps 54% amid Middle East crisis

14 October 2026

Cambodia spent $2.82bn importing diesel, gasoline and combustion gas in the first nine months of 2026, up 53.8% from $1.84bn a year earlier.

China's fuel exports set to fall in October despite resumption of shipments

13 October 2026

China's refined fuel exports are expected to decline in October despite Beijing lifting restrictions imposed during the National Day holidays, offering only limited relief to international markets struggling with shortages of diesel, gasoline and jet

Valeura starts Wassana oil platform installation in Thailand two months ahead of schedule

13 October 2026

Canada's Valeura Energy has begun offshore installation work at its Wassana oilfield redevelopment project in the Gulf of Thailand, approximately two months ahead of schedule.

Eni agrees to sell stakes in seven Indonesian oil and gas blocks to Pertamina and Medco

13 October 2026

Italy's Eni (BIT:ENI) has signed two binding agreements to sell minority interests in seven Indonesian oil and gas blocks to state-owned Pertamina and Medco Energi, as the company seeks to monetise its recent exploration successes.

Indonesia's Indo Tambangraya spends $438,133 on coal drilling

13 October 2026

Indonesian coal miner PT Indo Tambangraya Megah (IDX: ITMG) spent a combined IDR7.86bn (about $438,133) on drilling at four subsidiaries between July and September

India's fuel exports offset 30% of oil import bill

13 October 2026

India's petroleum product exports covered around 30% of its oil and gas import bill between June and August 2026, trimming dollar outflows as crude prices and shipping costs climb.

Pakistan urges refiners to consider Libyan crude imports

13 October 2026

Pakistan has urged its refiners to look at buying crude oil from Libya as it tries to widen its sources of supply during the Middle East crisis, Pakistani Petroleum Minister Ali Pervaiz Malik said.

China cuts VAT export rebate for new energy vehicles

13 October 2026

China will lower the value-added tax (VAT) export rebate on new energy vehicles (NEVs) to 9% from 13% from April 1, 2027.

Grab spends $85,000 on fuel support for Cambodian drivers

13 October 2026

Ride-hailing company Grab Holdings Limited (GRAB) will spend $85,000 of its own money on fuel support for drivers in Cambodia over the next two months instead of raising fares.

Medco takes 10% stake in Indonesia's East Kalimantan blocks

12 October 2026

Indonesia's PT Medco Energi Internasional (IDX: MEDC) has agreed with Italian energy group Eni to acquire a 10% participating interest in four oil and gas blocks in the Kutai Basin of East Kalimantan.

IMF urges Pakistan to end fuel support scheme

12 October 2026

The International Monetary Fund has told Pakistan to wind down its fuel support scheme, saying it is too expensive and covers too many people.

QatarEnergy joins Petrobras in Brazil’s Equatorial Margin push

9 October 2026

QatarEnergy has secured a 30% stake in seven offshore exploration blocks in northeastern Brazil alongside state-controlled Petrobras, expanding its presence in the country’s oil and gas sector as the government opens new areas for exploration.

South Korea's lead over China in LNG carriers narrows

9 October 2026

China has cut South Korea's lead in orders for large liquefied natural gas (LNG) carriers to fewer than 10 vessels this year.

Thailand oil block gives Malaysian Dialog longer-term upside, says MBSB

9 October 2026

Malaysia's Dialog Group Bhd (Bursa Malaysia: DIALOG) is unlikely to book any near-term profit from a newly awarded onshore oil block in Thailand, although the asset could add to earnings over the longer run, MBSB Research said.

Reliance makes India top non-US buyer of Venezuelan oil

9 October 2026

Reliance Industries (NSE: RELIANCE), the conglomerate controlled by Indian billionaire Mukesh Ambani, has become the largest purchaser of Venezuelan crude outside the US.

Laos to stockpile 60mn litres of fuel against shortages

8 October 2026

Laos will keep fuel stocks at roughly 60mn litres or higher and urge importers to buy from several countries, Prime Minister Saleumxay Kommasith told lawmakers.

Valeura advances Thai offshore oil projects as output climbs

8 October 2026

Canada's Valeura Energy reported average oil production of 22,100 barrels per day (bpd) from its offshore Thailand portfolio in the third quarter of this year.

Malaysia’s Petronas prepares appraisal drilling at major Megah oil discovery offshore Sabah

8 October 2026

Malaysia's state-owned Petronas is preparing to drill an appraisal well at its major Megah oil discovery offshore Sabah, with Seadrill's West Capella drillship reportedly lined up for the campaign.

Singapore explores third LNG terminal and new gas-fired power capacity

8 October 2026

Singapore is studying plans to develop a major new energy infrastructure hub on Pulau Tekong, potentially including a third LNG import terminal and hydrogen-ready gas-fired power plants.

Santos-backed GLNG seeks exemption for extended LNG contracts under Australian gas reservation scheme

8 October 2026

The Santos-led Gladstone LNG project in Queensland is pressing the Australian government to protect existing LNG export contracts, including extension options, under its proposed domestic gas reservation scheme.

Tokyo Gas acquires AGP to expand LNG network in Indonesia

8 October 2026

Japan's Tokyo Gas (TYO: 9531) has acquired all shares in PT AGP Indonesia Utama, a developer of liquefied natural gas (LNG) infrastructure, as it moves to set up an inter-island LNG supply chain in eastern Indonesia.

Edited by

Andrew Kemp

Editor

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