AsianOil - Asia 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.

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Read a recent issue cover to cover (click the image below)

Indonesia warns of possible subsidised fuel price rise

9 March 2026

Indonesia may be forced to raise subsidised fuel prices should the global oil prices keep rising and exceed the state budget’s capacity to absorb the additional costs, according to Finance Minister Purbaya Yudhi Sadewa

Indonesia opens 10 new oil and gas blocks to global investors

9 March 2026

The Ministry of Energy and Mineral Resources (ESDM) of Indonesia has formally launched 10 new high-potential oil and gas blocks, making them available to international investors as part of a broader effort to revitalise Indonesia’s upstream energy

Japan weighs release of national oil reserves

9 March 2026

The Japanese government is understood to be considering tapping its national oil reserves to prepare for potential prolonged supply disruptions as the US-Israeli conflict with Iran drags on.

Asia’s energy reserves under pressure as ‘2026 energy shock’ takes hold

9 March 2026

The closure of the Strait of Hormuz has thrown a harsh spotlight on a simple but decisive question for Asian governments: how long their energy reserves can last as part of the 2026 energy shock

South Korea prepares strategic oil release as tensions rise

9 March 2026

South Korea is formalising emergency measures to release crude and petroleum products from its strategic reserves as escalating Middle East tensions threaten global energy flows.

India raises LPG cylinder prices

9 March 2026

India has raised the prices of domestic and commercial liquefied petroleum gas (LPG) cylinders from March 7.

Pakistan fuel price hike raises inflation and growth concerns

9 March 2026

Pakistan’s economy is expected to face renewed pressure following a sharp increase in fuel prices of more than 20%.

Cambodia confirms stable fuel supply despite price rise

9 March 2026

Cambodia continues to maintain a stable fuel supply despite recent increases in global oil prices and concerns about possible shortages, according to Minister of Mines and Energy Keo Rottanak.

Laos inspects petrol stations after panic fuel purchasing

9 March 2026

Authorities in Vientiane and other provinces are conducting inspections of fuel storage levels at petrol stations following panic buying triggered by concerns over Middle East tensions affecting global energy supplies.

"Now it's business, not friendship." Russia ends discounted oil sales to India

8 March 2026

Russian President Vladimir Putin told Indian Prime Minister Narendra Modi, “No more Mr Nice Guy. It’s just business now,” after the US softened sanctions on India’s purchase of Russian oil to alleviate a growing supply side squeeze.

Asia desperate for energy as Gulf disruption spreads

8 March 2026

Across Asia, motorists are joining long lines at petrol stations as prices climb and governments across the region come to the realisation they could be left struggling to meet the energy demands of some of the world’s most populated countries.

US gives India 30-day waiver for Russian oil

8 March 2026

India’s available reserves of around 100mn barrels would therefore last for only about six weeks, reportedly leaving New Delhi with limited alternatives to Russian supplies despite previous commitments to reduce purchases.

Hormuz crisis: oil markets move from disruption to chaos

6 March 2026

The global oil market is sliding from disruption into what could become a full-scale crisis, as the blockade of the Strait of Hormuz leaves Gulf exporters unable to ship crude and running out of storage capacity.

Philippines considers emergency diesel reserves as oil prices surge

6 March 2026

The Philippine government is considering establishing an emergency diesel reserve as global oil prices rise amid escalating tensions in the Middle East.

Taiwan reports oil and gas reserves above minimum

6 March 2026

Taiwan holds sufficient crude oil reserves to cover more than 100 days of demand and natural gas stocks that would last for over 11 days, both exceeding the country’s mandated minimum levels, according to Economy Minister Kung Ming-hsin.

South Korea warns oil firms over price collusion

6 March 2026

President Lee Jae Myung issued a new warning to domestic oil refiners on March 6 over suspected coordination in raising fuel prices, as tensions in the Middle East continue to escalate following US and Israeli strikes on Iran.

India's Petronet LNG declares force majeure after QatarEnergy notice

6 March 2026

India’s biggest LNG importer, Petronet LNG, has received a Force Majeure notice from QatarEnergy (QE), and as a result PLL has issued corresponding Force Majeure notices to companies that it supplies LNG to.

China targets stable oil supply in five-year plan

6 March 2026

China has set a goal to keep annual crude oil production at 200mn metric tonnes, equivalent to about 4mn barrels per day, under its upcoming five year energy plan announced on March 6.

Pakistan seeks Saudi oil route via Red Sea as Hormuz closure disrupts supply

6 March 2026

Pakistan has asked Saudi Arabia to help secure crude oil shipments through the Red Sea port of Yanbu as the closure of a key Gulf shipping route threatens the country’s energy supply chain

Bangladesh scrambles for LNG supplies after QatarEnergy declares force majeure

6 March 2026

Bangladesh is facing the risk of fuel shortages within days after a disruption in liquefied natural gas (LNG) supplies forced authorities to urgently seek alternative cargoes in the global spot market

Trump takes from Putin playbook with state-backed Hormuz maritime insurance

5 March 2026

It wasn’t missiles that closed the straits of Hormuz. It was insurance companies. At the outbreak of hostilities international insurance companies canceled war-risk coverage.

Vietnam fuel prices jump amid Middle East conflict

5 March 2026

Vietnam has significantly increased domestic fuel prices following a sharp rise in global oil markets driven by escalating conflict in the Middle East.

Middle East conflict disrupts fuel supplies in Myanmar

5 March 2026

Fuel shortages have triggered long queues at petrol stations across Myanmar, as disruptions linked to the conflict in the Middle East reduce supplies.

Iranian warship sunk by US submarine was not in Indian waters

5 March 2026

The IRIS Dena was a Moudge-class frigate in Iran's regular navy fleet and was part of the Indian Navy organised International Fleet Review between February 15-25 2026.

Edited by

Andrew Kemp

Editor

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