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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)

IOC makes first IMO-compliant bunker sale

13 November 2019

State-run Indian Oil Corp. (IOC) has completed the country’s first bunker sales of very low-sulphur fuel oil (VLSFO) ahead of the introduction of new international maritime fuel standards.

India extends Cairn’s PSC for Ravva block

13 November 2019

The Indian government has extended Cairn Oil & Gas’ production-sharing contract (PSC) for the Ravva block in Andhra Pradesh State by 10 years until 2029, the company said on November 6.

Turkmenistan's pipe dreams

12 November 2019

Australian LNG import project faces delays

7 November 2019

Australian Industrial Energy’s Port Kembla LNG import plan is being hit by delays as it struggles to lock in buyers for its gas.

PNG commission delays UBS oil loan inquiry

6 November 2019

A Papua New Guinea (PNG) government commission set up to investigate a A$1.2bn ($827.3mn) loan from UBS that the former administration used to buy into Oil Search has once again delayed its inquiry.

McDermott wins refinery work in northern Australia

6 November 2019

McDermott International has signed an agreement with Darwin Clean Fuels to provide engineering services for a proposed condensate refinery in northern Australia.

South Korea’s oil and gas demand declines

6 November 2019

South Korea’s oil and gas demand is in decline, with the country re-embracing nuclear and coal in the power sector while introducing policy measures curbing demand for transportation fuels.

Sarawak to sue Petronas over unpaid tax bill

6 November 2019

Malaysia’s Sarawak State government is preparing to take national oil company (NOC) Petronas to court over an unpaid tax bill.

Thai power producers to develop Vietnamese LNG projects

6 November 2019

Thai power producers B.Grimm Power and Gulf Energy Development have signed agreements with Vietnam to develop liquefied natural gas fuelled power projects in the South-East Asian country.

Indian bid round attracts eight bids

6 November 2019

India’s fourth Open Acreage Licensing Policy (OALP) exploration bid round has attracted eight bids for the seven blocks that were offered.

IOC advances plastics-oil conversion research

6 November 2019

State-run refiner Indian Oil Corp. (IOC) has reportedly completed the first phase of research into converting waste plastics into synthetic oil and is now planning to develop commercial processes.

Queensland awards new exploration acreage

30 October 2019

The Queensland State government has awarded 3,450 square km of new exploration acreage to six companies, with two of parcels ringfenced for the domestic market.

PetroChina sets production targets for Changqing field

30 October 2019

A unit of state-run PetroChina aims to produce 25mn tonnes per year (500,000 barrels per day) of oil and 42bn cubic metres of natural gas from the Changqing field by 2020, Reuters cited local media reports from October 28 as saying.

Turkmenistan to extend Petronas’ PSC for Block 1

30 October 2019

Malaysian Prime Minister Mahathir Mohamad has said Turkmenistan will extend state-owned Petronas’ production-sharing contract (PSC) for offshore Block 1 in the Caspian Sea by 10 years until 2038.

KrisEnergy to sell stake in Indonesian deepwater PSC

30 October 2019

Singapore’s financially troubled KrisEnergy has agreed to sell its 30% stake in the Andaman II production-sharing contract (PSC) in Indonesia’s Malacca Strait to an undisclosed international major.

BPCL privatisation draws fire

30 October 2019

The Indian government’s plan to privatise its 53.29% stake in Bharat Petroleum Corporation Ltd (BPCL) has attracted opposition from both state-level lawmakers as well as company unions.

Chinese gas demand to soar in long term

30 October 2019

Chinese natural gas demand is projected to slow this year amid a weakening economy and a government decision in 2018 to rein in its campaign to convert coal-fired heating systems to the cleaner burning fuel.

Philippines split over South China Sea deal with China

29 October 2019

The Philippine government’s struggle to present a unified front over a possible exploration partnership with China in disputed waters of the South China Sea continued this week.

Sempra, Mitsui sign MoU on LNG

29 October 2019

Sempra Energy has entered into a memorandum of understanding with Japan’s Mitsui & Co. that covers the latter's participation in two LNG project expansions.

Japanese push to establish bunkering hub underway

24 October 2019

Japan is making strides in its efforts to position itself as a new LNG bunkering hub as the shipping industry prepares for new fuel regulations.

Philippines, Russia discuss South China Sea exploration

23 October 2019

The Philippine government last week welcomed a delegation sent by Russia’s state-run Rosneft to discuss the possibility of jointly exploring the waters offshore the Southeast Asian country.

PTT plans first Myanmar retail fuel station

23 October 2019

Thailand’s state-owned PTT has announced plans to open its first retail fuel station in Myanmar and aims to do so early next year.

Oil Search’s Q3 revenue slides 24%

23 October 2019

Oil Search’s third-quarter revenue slid 24% year on year on the back of production interruptions and lower international oil prices.

Edited by

Andrew Kemp


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