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Read a recent issue cover to cover (click the image below)
Reliance profit surges 41% as refining margins strengthen
India's Reliance Industries reported a 40.6% year-on-year increase in net profit to INR255.48bn during July–September, driven by stronger refining margins and higher petrochemical earnings amid global supply disruptions.
China's oil giants reap windfall as domestic fuel demand slumps
PetroChina and Sinopec have reported sharply higher profits despite falling refinery throughput and fuel sales, highlighting how elevated oil prices and stronger margins are masking structural weakness in China's petroleum market.
Origin's Australian LNG revenues surge 32% on higher prices
Bangladesh seeks more US LNG deals as Qatar supply crisis deepens
Bangladesh is negotiating additional long-term LNG supply agreements with US companies as it seeks to diversify imports and reduce its dependence on Middle Eastern suppliers following prolonged disruption to Qatari deliveries.
Indonesia plans new agency to accelerate upstream oil and gas investment
Indonesia plans to establish a new agency with sweeping authority over upstream oil and gas permitting, as the government seeks to attract foreign investment, accelerate exploration and reverse declining domestic production.
Australia’s Santos faces regulatory scrutiny over Barossa gas flaring
Australian energy producer Santos is facing renewed regulatory scrutiny over excessive gas flaring and fuel consumption at its $5.6bn Barossa LNG development.
Indonesia-focused Searah targets three Kutei Basin gas developments for start-up in 2028–29
Eni and Petronas joint venture Searah is targeting the start-up of three major gas developments in Indonesia's offshore Kutei Basin during 2028–2029, as the partners seek to substantially increase production and support LNG exports.
MedcoEnergi signs three gas supply agreements to strengthen Indonesia's domestic market
Indonesia's MedcoEnergi and its upstream partners have signed three natural gas supply agreements covering production from the Sakakemang, South Sumatera and Senoro-Toili blocks.
Profit at India’s GAIL more than doubles as gas marketing earnings surge
India's state-owned GAIL more than doubled its net profit in the July–September quarter, supported by stronger natural gas marketing revenues as domestic demand recovered from disruptions caused by the Middle East conflict.
Indonesia’s PGN reports 17% increase in nine-month profit as gas earnings improve
Indonesia's state-controlled gas distributor Perusahaan Gas Negara reported a 17.3% year-on-year increase in consolidated net profit to $397.3mn during the first nine months of 2026.
Malaysia's T7 Global wins three-year offshore contract from Petronas–Eni venture
Malaysia's T7 Global has secured a three-year contract to provide offshore hook-up and commissioning services for Searah, the oil joint venture between Petronas and Italy's Eni.
BP and Inpex prepare seismic surveys offshore Indonesia in November
BP and Japan's Inpex are preparing to launch seismic surveys offshore Bali in November as part of efforts to identify new oil and gas reserves in Indonesia.
Indonesian petchem firm Chandra Asri profits plunge despite 60% revenue growth
Indonesia's Chandra Asri Pacific reported a 76.1% year-on-year decline in net profit to $394.9mn during the first nine months of 2026, despite a sharp increase in revenue.
Indonesia considers more competitive fiscal incentives to attract upstream investors
Indonesia is considering more competitive fiscal incentives for oil and gas producers as it seeks to attract international investment and reverse declining domestic production.
Petronas, Chevron and TotalEnergies eye new Indonesian exploration opportunities
Malaysia's Petronas, US major Chevron and France's TotalEnergies are considering new oil and gas exploration partnerships in Indonesia, as Jakarta seeks to attract international investment into its upstream sector.
Singapore oil product inventories rise as distillate stocks recover
Singapore's onshore petroleum product inventories increased by 0.9% week on week to 38.49mn barrels in the week ending October 28, supported by higher gasoline, diesel and jet fuel stocks.
Indonesia's Pertamina Drilling seeks expansion opportunities in five ASEAN countries
Indonesia's Pertamina Drilling Services Indonesia is exploring opportunities to expand its oil and gas drilling operations into five Southeast Asian countries as part of efforts to diversify its business beyond its domestic market.
Gazprom advances eastern gas expansion
The Russian gas giant is nearing completion of major Arctic and Far Eastern projects, although its pivot towards Asia remains constrained by export capacity, commercial uncertainties and China's bargaining power.
Indonesia accuses Singapore of reselling LNG cargoes
Indonesia's top energy official has accused Singapore of selling part of the liquefied natural gas (LNG) it buys from Indonesia on to other countries.
Reliance's diesel exports hit 18-month high amid global supply crunch
Reliance Industries (NSE: RELIANCE) exported an estimated 541,000 barrels per day (kbd) of diesel in October 2026, its strongest monthly volume in 18 months.
Kobe Steel, Kirloskar Pneumatic eye India compressor partnership
Japan's Kobe Steel (TYO: 5406) has agreed to explore cooperation with Kirloskar Pneumatic Company Limited (NSE: KIRLPNU) in India's market for non-standard compressors.
Philippines sets gas auction price cap above PHP10 per kWh
The Philippines' Energy Regulatory Commission (ERC) expects the price ceiling for an upcoming auction of gas-fired power capacity to come in above PHP10 (about $0.17) per kilowatt-hour (kWh).
Indonesia's gas export cut to Singapore risks retaliation
Indonesia's move to reduce pipeline gas exports to Singapore and keep more supply at home could provoke Singaporean retaliation in investment and trade.
Indonesia tenders 60% of new oil, gas blocks
Indonesia has put 60% of 118 new oil and gas blocks out to tender, Energy and Mineral Resources Minister Bahlil Lahadalia said.
South Korea raises diesel export cap from November
South Korea will let refiners export more diesel from November, raising the ceiling to 110% of year-earlier volumes provided the home market stays well supplied.
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