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)

Ghana, UAE deepen energy alliance as Abu Dhabi eyes oil and gas investments

8 May 2026

Ghanaian President John Mahama and United Arab Emirates leader Sheikh Mohamed bin Zayed Al Nahyan agreed to deepen strategic cooperation in the energy sector, including proposed UAE investments in oil and gas storage facilities in Ghana.

Beijing becomes the chessboard as Iran pre-empts Trump-Xi summit

7 May 2026

Araghchi's pre-emptive trip to Beijing, 14 days before Trump meets Xi, has put Iran's interests on the table before Washington can carve them off.

Singapore’s Jadestone Energy eyes expansion in Indonesia

7 May 2026

Singapore-based Jadestone Energy(JSE) is moving to expand its presence in Indonesia, shifting its strategy toward acquiring stakes in already-producing oil and gas fields

New Zealand to store fuel in Malaysia, Singapore

7 May 2026

New Zealand is exploring a strategic shift in its energy security policy by considering the storage of national fuel reserves in Malaysia and Singapore

Japan has enough petchems to last this year: PM

6 May 2026

Japan has secured enough supplies of naphtha-derived chemical products to last beyond the end of 2026 despite disruption risks linked to the Iran war and the Strait of Hormuz crisis.

Australia's MPK secures long-term contract for gas gathering network from Santos

6 May 2026

MPK said the award extends a relationship that has seen the company active across Santos’ Surat Basin operations since 2016.

Australia to spend $7.2bn to boost fuel stockpiles

6 May 2026

Australia will spend A$10bn to boost fuel stockpiles and establish a permanent government-owned strategic reserve as the Iran war and disruption risks in the Strait of Hormuz expose the country’s heavy dependence on imported fuel.

China's CNOOC posts 7.1% growth in Q1 earnings

6 May 2026

China’s state offshore oil producer CNOOC Ltd. reported a 7.1% rise in first-quarter net profit as higher crude prices driven by the Iran war and stronger output lifted earnings.

Conrad's Maku gas project remains on track

6 May 2026

Project partner Empyrean Energy said operator West Natuna Exploration had awarded more than $280mn of capital contracts by the end of the first quarter.

Thailand scraps 25-year-old deal with Cambodia on joint offshore exploration

6 May 2026

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%

6 May 2026

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

6 May 2026

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

6 May 2026

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

5 May 2026

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

5 May 2026

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

5 May 2026

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

5 May 2026

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

5 May 2026

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

5 May 2026

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

5 May 2026

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

4 May 2026

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

4 May 2026

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

4 May 2026

The tanker Voyager has delivered Russian crude from the Sakhalin-2 project to Japan.

China expands oil, gas reserves in five-year exploration drive

4 May 2026

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

4 May 2026

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.

Edited by

Andrew Kemp

Editor

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