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)

Thailand faces growing LNG dependency: PTTEP CEO

17 September 2026

Thailand could see its reliance on LNG rise from around 30% to 70% over the next decade unless it succeeds in sustaining domestic gas production, the incoming CEO of PTT Exploration and Production (SET:PTTEP) has warned.

Bangladesh plans mass gas plan to address energy security

17 September 2026

Bangladesh plans to drill 300 gas wells in two phases and add three LNG import terminals as it seeks to tackle persistent domestic gas shortages and reduce the vulnerability of its energy system.

Asia on track for second year of LNG demand decline

17 September 2026

Asian LNG demand is on course to fall for a second consecutive year in 2026, as disruption to Middle Eastern supply drives prices higher and forces buyers across the region to curb consumption.

Takeaways from Gastech 2026: drill for whatever you can

17 September 2026

Southeast Asia needs more LNG, but maximising domestic gas production is becoming a security imperative, Newsbase reports from Gastech.

COOEC starts construction on $4bn Qatar oil project

17 September 2026

China Offshore Oil Engineering Co Ltd (600583.SS), a specialised subsidiary of China National Offshore Oil Corp (0883.HK), launched construction on its $4bn offshore oil and gas engineering project in Qingdao on September 15.

Bangladesh plans 300 gas wells, three LNG terminals to ease energy shortages

17 September 2026

Bangladesh plans to drill 300 gas wells in two phases and add three LNG terminals as part of a broader programme to strengthen energy supplies.

Cambodia spends more than $350mn to contain fuel prices

17 September 2026

The Cambodian government has spent over $350mn on measures to reduce fuel costs for consumers since the outbreak of war in the Middle East, Prime Minister Hun Manet said on 16 September 2026.

Herat section of Afghanistan's TAPI pipeline reaches 80% completion

16 September 2026

Design work on a gas distribution network for Herat province is under way, and construction is expected to begin in the near future.

Australia’s Santos inks two LNG supply deals

15 September 2026

Australian LNG developer Santos has agreed to LNG supply deals with South Korea’s POSCO Steel and US-based Western LNG.

Russia’s Arctic LNG 2 files arbitration claim against Hanwha Ocean

15 September 2026

Novatek-owned Arctic LNG 2 has filed an arbitration claim seeking $1bn in compensation from South Korea’s Hanwha Ocean for voided contracts for the construction of LNG vessels.

Indonesian oil company Pertamina explores upstream oil, gas equity stakes in Guyana, Suriname

15 September 2026

Moving to insulate Indonesia's national energy grid from global supply disruptions, state-owned energy enterprise Pertamina is initiating exploratory discussions for upstream oil and gas investments in Guyana and Suriname

Fuel crisis in Indonesia's Makassar triggers emergency remote learning, odd-even rationing

15 September 2026

Severe fuel shortages (elangkaan BBM) across Makassar, South Sulawesi, have led to citywide operational adjustments, impacting public mobility, enterprise operations, and local education

India has potential to produce 62mn tonnes of compressed biogas annually

15 September 2026

India could produce around 62mn tonnes (MT) of compressed biogas (CBG) annually from an estimated 472 MT of feedstock, with animal waste representing the largest share of the potential.

India supplies record share of Russia’s oil-product imports in August

14 September 2026

India supplied about 70% of Russia’s oil-product imports in August, with 120,000 tonnes of petrol worth €78mn ($90.3mn) shipped from Nayara Energy’s Vadinar refinery as Ukrainian attacks on Russian refineries disrupted domestic fuel production

Pakistan considers monthly fuel relief for motorcyclists

14 September 2026

Pakistan’s government is considering a temporary fuel subsidy for motorcyclists as petrol prices continue to rise.

Russia's Urals oil price surges 16% in August on strong demand, Middle East disruptions

13 September 2026

Russian Urals crude prices rose by an average of 16% month on month in August as stronger demand from India and China coincided with reduced Middle Eastern supplies.

Chinese teapot refiners ramp up purchases from West Africa, Canada and South America

11 September 2026

Chinese independent refiners are stepping up purchases of crude from West Africa, Canada and South America as supplies from Iran and Russia tighten, helping push spot premiums to multi-month highs.

Japan's MOL names first LNG carrier powered by wind

11 September 2026

The 174,000-cubic metre Fujin Sailor was named at Hanwha Ocean’s Geoje shipyard in South Korea on September 10.

Russia ramps up oil shipments to Asia via Northern Sea Route

11 September 2026

Two such transfers involving oil shipped through the Russian Arctic took place in the Sea of Japan on September 7.

Myanmar’s Thanlyin refinery targets higher domestic fuel output

11 September 2026

Myanmar’s Thanlyin refinery is preparing to start phased production as authorities simultaneously upgrade another major oil-processing facility.

Santos sinks first well in Beetaloo appraisal campaign in Australia

9 September 2026

Drilling follows approval in May of the environmental management plan for the appraisal programme by the Northern Territory government.

New Zealand offers state loans to two gas projects in bid to slow output decline

9 September 2026

New Zealand's government has approved up to NZ$23.5mn ($13.8mn) in loans for two Todd Energy gas projects in Taranaki, marking the first investments from its NZ$200mn Gas Security Fund as the country seeks to arrest declining domestic supply.

Australia softens rules of domestic gas reservation scheme

9 September 2026

Australia's government has softened its proposed domestic gas reservation scheme, replacing a fixed requirement for LNG exporters to supply gas equivalent to 20% of exports to local buyers with an obligation of up to 20%.

Amplitude hits high-quality net gas pay at well in Australia's offshore Otway basin

9 September 2026

Australian gas producer Amplitude Energy has intersected 49 metres of interpreted high-quality net gas pay at the Juliet-1 exploration well in the offshore Otway basin, potentially adding new supply to its planned East Coast supply project.

Japan's Osaka Gas completes first ship-to-ship LNG bunkering in Osaka Bay

9 September 2026

Japanese utility Osaka Gas (TSE:9532) has completed what it said was the first ship-to-ship (STS) LNG bunkering operation in Osaka Bay, supplying an LNG-fuelled car carrier at the Port of Kobe.

Edited by

Andrew Kemp

Editor

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