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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)
Two stalled LNG power projects revived in central Vietnam
Two long-delayed LNG power schemes in central Vietnam have been given fresh impetus, as Thanh Hoa province seeks to push forward with multi-billion-dollar investments seen as vital to the country’s energy transition.
Malaysia’s Petronas and PV Gas seek deeper LNG partnership
Malaysia’s Petronas and PV Gas, the gas arm of Petrovietnam, are moving to tighten ties in LNG supply and development projects, a step both sides hope will create a “comprehensive, long-term and sustainable” partnership
Kazakhstan strikes Chinese energy deals worth $1.5bn
Kazakhstan concluded more than $1.5bn worth of oil and gas projects with Chinese partners during President Kassym-Jomart Tokayev’s visit to Beijing last week.
JERA signs LNG exploration pact with Montenegro as local opposition looms
Montenegro has struck a fresh deal with Japan’s JERA to explore the development of an LNG terminal and gas-fired power plant - a project that could reshape the Adriatic country’s energy mix.
China receives fourth cargo from Russia's heavily-sanctioned Arctic LNG-2 project
China’s Beihai LNG terminal has received a cargo of Russian LNG from the Arctic LNG-2 project, the fourth such shipment to reach the country.
Indian buyers push for deeper Russian oil discounts amid mounting risks
Indian oil importers are pressing Russian sellers to offer steeper price discounts as concerns grow over the risks of continuing trade with Moscow
Australia grants Woodside final approval for extension of North West Shelf
Australian oil and gas company Woodside Energy received final environmental approval for the extension of its North West Shelf project.
Pakistan’s Cnergyico targets 40% rise in fuel oil exports as taxes hit domestic sales
Cnergyico, Pakistan’s largest refiner, expects to raise fuel oil exports by 35%–40% in the fiscal year ending June 2026, driven by a sharp drop in local demand after new taxes were imposed
Asia’s gas utilities are politically shielded but economically exposed
Many of the region’s gas distributors enjoy the safety net of being government-related entities and are ‘protected’ to a large extent. Their credit profiles are, in reality, extensions of sovereign ratings rather than stand-alone assessments.
POSCO International becomes first South Korean firm to join Alaska LNG project
The agreement, signed during the Gastech conference in Milan, makes the Korean energy importer an official participant in the US initiative, which has backing from President Donald Trump. Glenfarne is leading the private development of the project.
JERA joins in on Alaskan LNG action
JERA has signed a non-binding deal to buy 1mn tpy of LNG from the planned $44bn Alaska LNG project, giving the long-delayed venture new momentum.
Japan’s FTC raids eight firms over suspected diesel price-fixing
On September 10, Japan’s Fair Trade Commission (FTC) raided the offices of eight oil companies suspected of colluding to manipulate diesel fuel prices, potentially violating the Anti-Monopoly Law.
Pakistan ends ban on new household gas connections
Pakistan has announced the end of its three-year freeze on issuing new domestic gas connections, opening the door for households to access Re-Gasified Liquefied Natural Gas (RLNG)
Australia's Woodside to supply LNG to Malaysia's Petronas
Woodside Energy has signed a long-term agreement to supply 1mn tonnes per year of LNG to Malaysia’s state-owned Petronas for 15 years from 2028.
Thailand's PTTEP takes FID on first carbon capture and storage project
Thailand’s state-controlled upstream producer PTTEP has taken a final investment decision on its first carbon capture and storage development at the Arthit gas field
Australia's APA secures local consents for Northern Territory gas pipeline
Australian energy infrastructure operator APA Group confirmed last week it had the registration of an Indigenous Land Use Agreement (ILUA) with Traditional Owners for the Sturt Plateau pipeline (SPP) in the Northern Territory.
Delorean strikes biomethane deal with fellow Australian player Origin
Delorean Corp. has signed a binding gas sales agreement with fellow Sydney-listed operator Origin Energy for the long-term supply of renewable natural gas, marking another milestone for Australia’s bioenergy industry.
ZPEC and H&L Petroleum DMCC sign deal to drill eight wells in Iraq’s Diyala
Iraq’s state-owned Midland Oil Company (MdOC) has signed a contract to drill eight wells in the Naft Khana block of Diyala province, in a move aimed at boosting the country’s oil and gas production capacity
Iraq’s SOMO holds advanced talks with ExxonMobil on oil storage deal
Iraq’s State Oil Marketing Organization (SOMO) has entered advanced discussions with ExxonMobil to secure oil storage capacity in Singapore and explore new refining and profit-sharing opportunities in Asia
Bangladesh as Asia’s leading LNG spot buyer is less about power and more about vulnerability
The decline in domestic gas production on the home front lies at the heart of the shift. Output peaked at about 27bn cubic metres (bcm) in 2018 but is projected to slip to 20bcm by the end of the year.
Indonesia’s Medco Energi launches $50mn share buyback programme
Indonesian energy company PT Medco Energi Internasional Tbk (MEDC) has announced a share repurchase programme valued at approximately $50mn, equivalent to around IDR817bn.
Petronas' LNG operations in Sarawak remains unaffected amid security alert
Malaysia’s state energy company Petronas has confirmed that liquefied natural gas (LNG) production and supply at its facilities in Bintulu, Sarawak remain unaffected, despite a government warning of a potential security risk
India continues Russian oil purchases
Spot supplies of Russian crude to India remain steady, with cargoes arriving at a discount of around $2–3 a barrel to Dubai benchmarks, according to Anuj Jain, finance chief at Indian Oil Corp (IOC), the country’s biggest refiner
HD Hyundai Samho secures $173mn African oil tanker contract
South Korea’s HD Hyundai Samho Heavy Industries has secured a contract worth KRW242.2bn (around $173mn) to build two crude oil tankers for an African shipping operator.
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