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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)
Thailand scraps 25-year-old deal with Cambodia on joint offshore exploration
Thailand has terminated a 25-year-old agreement with Cambodia aimed at advancing joint offshore oil and gas exploration in disputed areas of the Gulf of Thailand, a move that risks further straining ties after deadly border clashes last year.
Formosa Petrochemical lifts Taiwan refinery output to 80%
Formosa Petrochemical Corp, Taiwan's leading private refiner, will receive 2mn barrels of crude oil at Mailiao Port, according to company president Lin Keh-yen.
Eneos Xplora acquires 10% stake in Malaysia’s Petronas MLNG Tiga project
Japan’s Eneos Xplora has purchased a 10% stake in Petronas’ Malaysia LNG Tiga project.
India leans harder on coal as heatwave, Iran conflict strain energy supplies
India is increasing its reliance on coal-fired power as a combination of extreme summer heat and global supply disruptions linked to the Iran conflict drive up electricity demand and constrain alternative fuels.
Laos and Thailand expand energy ties for economic resilience
Laos and Thailand have reaffirmed their commitment to closer energy cooperation, seeking to bolster supply stability in an increasingly uncertain global environment.
Chinese scientists pioneer industrial process to convert CO₂ into jet fuel
Chinese scientists have developed an industrial pathway for converting carbon dioxide directly into jet fuel using an inexpensive iron-based catalyst, according to research published by the Shanghai Advanced Research Institute.
Nigeria’s NNPCL signs MoU with Chinese companies to revive refineries with equity partnership model
Nigeria’s state oil company entered wants Chinese firms to accelerate the overhaul and restart of the state-owned 210,000-bpd Port Harcourt and 125,000-bpd Warri refineries amid soaring oil prices.
Japan quietly resumes Russian oil imports as Hormuz crisis forces a pragmatic rethink
A cargo of Russian oil arrived in Japan for the first time since the closure of the Strait of Hormuz as pragmatism overtakes principles in Tokyo.
Pakistan’s oil shock exposes reserve gap with India
Pakistan’s petroleum minister has drawn a sharp contrast between his country’s vulnerability to the recent oil price surge and neighbouring India’s relative resilience.
Singapore, New Zealand agree to safeguard essential supply chains
The deal, inked on May 4 by Prime Minister Lawrence Wong and his counterpart Christopher Luxon, is designed to ensure that the two small, open economies do not fall victim to protectionist resource hoarding during the ongoing Middle East conflict.
Beijing defies US sanctions on Iranian oil trade
China has said it will not comply with the latest US sanctions package imposed on a group of refineries accused by Washington of purchasing Iranian crude.
Japan, Vietnam deepen ties on energy and minerals
Japan and Vietnam have agreed to expand cooperation in energy and critical minerals, as both countries respond to global uncertainty and shifting supply chains.
Russian central bank advises Chinese reinsurance for LNG cargoes to China
Russia’s central bank has advised major insurers to consider reinsuring LNG cargoes and LNG carrier shipments to China through a leading Chinese provider.
Japan receives Russian oil for first time in nearly a year
The tanker Voyager has delivered Russian crude from the Sakhalin-2 project to Japan.
China expands oil, gas reserves in five-year exploration drive
China identified a reported 225 large and medium-sized crude oil and natural gas fields during the 2021–25 period – the result of Beijing intensifying its efforts to support domestic energy security.
Air India cuts international flights due to fuel price surge
Air India has decided to scale back its international flight operations between May and July as soaring jet fuel prices and restricted airspace make several routes financially unviable.
Indonesian president announces 13 projects to end the raw export era
President Prabowo Subianto of Indonesia has officially launched the second phase of the country’s national downstreaming programme, breaking ground on 13 strategic projects valued at IDR116 trillion ($6.7bn)
Australia, Japan forge energy pact anticipating Hormuz oil blockade
Japanese Prime Minister Sanae Takaichi opened high-level talks in Australia on May 4, as the two key Indo-Pacific allies move to shield their economies from the global energy throttle caused by the closure of the Strait of Hormuz
Iranian supertanker enters Indonesian waters
An Iranian supertanker carrying nearly 2mn barrels of crude oil has reportedly successfully bypassed the United States naval blockade in the Middle East and is currently navigating through Indonesian waters
Myanmar’s farmers supported with diesel as fuel supply remains stable
Myanmar's authorities say fuel distribution remains stable despite global pressures.
Oil price pressures drag down Cambodia’s growth outlook
Cambodia’s economic prospects have been downgraded amid rising energy costs.
Chattogram garment sector under stress due to power cuts, rising fuel costs
Bangladesh’s readymade garment sector in Chattogram is under increasing pressure as extended load shedding and higher fuel prices disrupt factory operations, driving up costs and threatening export commitments.
India targets energy self-sufficiency by 2047, Gujarat key to green push
India is aiming to achieve complete energy self-sufficiency by 2047, with Gujarat set to play a central role in the transition, according to a government of India press release dated May 1.
OPEC+ core adjusts output as UAE finalises institutional withdrawal
The UAE has formally withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), deepening its strategic pivot away from multilateral energy frameworks
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