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)

Abu Dhabi's NMDC bags $1.14bn contract to build gas pipes off Taiwan

14 January 2025

Abu Dhabi-based NMDC Group has secured a $1.14bn contract from Taiwan Power Co. (Taipower) to design and install offshore gas pipelines along Taiwan’s western coast.

FPSO operator Yinson secures $1bn in pre-IPO capital

14 January 2025

Singapore-based FPSO vessel operator Yinson Production has signed a definitive agreement with a consortium of global investment firms to secure $1bn in pre-IPO growth capital.

BP to boost recovery at top Indian oil and gas field

14 January 2025

BP has committed to boosting oil production by 44% and gas output by 89% from India’s largest offshore field under a decade-long contract.

Tamboran achieves drilling milestone at Shenandoah South in Australia's Beetaloo basin

14 January 2025

Sydney-listed Tamboran Resources has successfully drilled the Shenandoah South 3H well in its Beetaloo Basin exploration permit.

Vietnam’s PM calls for operational LNG power plants by June

14 January 2025

In recent months Vietnam has faced a number of delays in the development of its LNG projects, prompting Prime Minister Pham Minh Chinh to call for accelerated efforts to bring these initiatives into commercial operation.

US sanctions on Russian oil force China and India to seek alternatives

14 January 2025

Chinese and Indian refiners are set to increase purchases from the Middle East, Africa and the Americas due to new US sanctions targeting Russian oil producers and tankers

Australia’s ACCC reports future domestic gas supply faces decline, urges more investment

13 January 2025

Despite its thriving gas industry and huge gas resources, Australia’s consumer watchdog has reported that the populated east coast could be facing gas shortages later this decade.

Oil up as China, India set to feel effects of US sanctions on Russia

13 January 2025

Oil prices have risen for a third straight session as the price of Brent surpassed $81 per barrel on October 13. This is its highest level in over four months.

Malaysia and Japan strengthen energy and regional cooperation

13 January 2025

Malaysia and Japan have announced a collaboration on green energy initiatives, focusing on carbon capture and hydrogen technology, as part of Tokyo's efforts to expand its influence in Southeast Asia amidst China's growing economic dominance

Singapore's distillate stockpile decline signals market shifts

10 January 2025

Singapore's latest oil inventory report reveals a significant drop in distillate stockpiles, hinting at evolving trends in aviation, shipping and broader fuel markets

Petronas reaches final investment decision for Hidayah field development in East Java

10 January 2025

Malaysia’s Petroliam Nasional Bhd has secured a final investment decision (FID) for the development of the Hidayah oil field in Indonesia’s East Java province, according to Indonesia’s upstream oil and gas regulator, SKK Migas

China’s oil demand could fall 70% by 2060, says CNPC forecast

9 January 2025

China has been driving the global demand for crude oil for the last 20 years, but studies released last month project that demand for oil will soon peak in China, as electric vehicles and natural gas are substituted for liquid transportation fuel.

Bangladesh to buy rice from India, LNG from US

9 January 2025

The Bangladesh government has approved the import of 50,000 tonnes of non-basmati parboiled rice from India and a shipment of liquefied natural gas (LNG) from the United States.

Brunei and Singapore’s Rotary Engineering form joint venture to boost oil and gas infrastructure

8 January 2025

Brunei has partnered with Singapore’s Rotary Engineering Pte Ltd to establish a new joint venture aimed at enhancing infrastructure services for the local oil and gas sector

Iran seeking to get back 25mn barrels of oil trapped in Chinese ports

8 January 2025

Iran is pressing to reclaim 25mn barrels of crude oil held in Chinese ports for six years due to sanctions imposed by former US president Donald Trump.

Key Chinese port bans tankers carrying sanctioned oil

8 January 2025

Shandong Port Group, the largest oil terminal receiving oil from Iran, Russia and Venezuela, has banned the entry of US-sanctioned tankers amid a major decline in Iranian oil exports over the past two months.

India's Adani Petrochemicals forms petchem joint venture with Thai Indorama

8 January 2025

Adani Petrochemicals Limited (APCL), a wholly-owned subsidiary of Adani Enterprises, has announced the formation of a new joint venture company, Valor Petrochemicals Limited (VPL), in partnership with Thailand’s Indorama Resources

Saudi Aramco eyes oil refinery in Bangladesh

8 January 2025

Saudi Arabia’s state-owned oil giant, Aramco, has expressed interest in establishing an oil refinery in Bangladesh, a move that could significantly reshape the Bay of Bengal's energy dynamics

Indonesia launches B40 biodiesel policy to boost emission cuts and reduce imports

7 January 2025

The Ministry of Energy and Mineral Resources (ESDM) officially implemented the B40 biodiesel policy on January 1, aiming to reduce emissions and minimise fuel imports

Aramco considers new oil refinery in Bangladesh

7 January 2025

Saudi Aramco’s Ambassador to Bangladesh Essa Youssef Essa Al Duhailan said on January 5 that Aramco was keen to construct a new oil refinery in the country that would help supply domestic and regional markets in the area.

India's oil, gas demand to stay robust: stable outlook for downstream firms

7 January 2025

India's oil and gas demand is poised to remain strong during the next financial year, even as global headwinds dampen refining margins, according to India Ratings and Research.

Malaysian company Keyfield Offshore acquires platform supply vessel for $17.6mn

7 January 2025

Keyfield Offshore Sdn Bhd, a subsidiary of Keyfield International Bhd, has signed an agreement to purchase a Dynamic Positioning 2 (DP2) platform supply vessel (PSV) for $17.6mn (approximately MYR79.22mn) from Sinocommerce Harbour Engineering Co Ltd

Demand for petroleum products in India to grow 3-4% in FY25

7 January 2025

India’s demand for petroleum products, including petrol, diesel and LPG, is expected to grow by 3-4% in the financial year ending March 31

Edited by

Andrew Kemp

Editor

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