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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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Taiwan absorbs $100mn to blunt fuel prices
Taiwanese state-owned energy provider CPC Corp. has absorbed approximately TWD3.3bn ($100mn) in additional fuel expenses over the last fortnight to maintain domestic price stability.
Philippines suspends fare rise, Marcos expands subsidies
President Ferdinand Marcos Jr has frozen a planned rise in public transport fares, stating that the current global instability makes it "not the time" to increase costs for citizens.
Myanmar introduces power rationing amid rising electricity demand
Myanmar will introduce targeted electricity distribution measures as rising demand strains supply, the Ministry of Electric Power has announced.
Cambodia turns to Singapore, Malaysia for fuel supply
Cambodia is increasing fuel imports from Singapore and Malaysia to offset supply shortfalls caused by export restrictions from Vietnam and China, Energy Minister Keo Rottanak told Reuters.
Falling crude output raises Vietnam’s import dependency concerns
Vietnam is set to see domestic crude oil output decline this decade, heightening reliance on imports as ageing offshore fields and geopolitical tensions disrupt supply, according to a government report released this week.
Pakistan warns of post-April LNG gap as supplies start to dry up
Pakistan’s Senate Standing Committee on Petroleum has been warned that the country could face difficulties meeting gas demand in the power sector after April 14, as imported LNG supplies are set to lapse.
India denies media reports of Iran tanker swap deal
New Delhi is navigating a delicate balance between its energy dependence on Gulf suppliers.
Bangladesh steps up LNG purchases as Asia feels tightening of supplies
Bangladesh is moving to secure additional LNG supplies from the spot market as part of the intensifying strain on global energy markets linked to the war in Iran and knock-on effects with supplies.
Japan’s JERA proposes LNG plant for Oahu as Tokyo grapples with energy strains
Japan’s largest power generation company has set out plans to develop a liquefied natural gas-fired plant on Oahu, positioning the project as a lower-cost alternative to oil-based generation.
Japan eyes Alaska oil tie-up as supply risks mount
Japan is preparing to use a forthcoming summit in the US to advance co-operation on crude production in Alaska, as Tokyo seeks to shore up energy security against mounting disruption linked to the conflict in Iran.
Bangladesh approves emergency spot LNG purchases
Bangladesh has stepped up efforts to secure emergency energy supplies after a cabinet committee approved the purchase of two spot liquefied natural gas (LNG) cargoes from Aramco Trading Singapore.
India seeks Chinese urea supplies as Middle East conflict threatens fertiliser output
ndia has asked China to allow the sale of some urea cargoes as the conflict in the Middle East disrupts natural gas supplies and raises concerns over fertiliser production in the South Asian country.
Turkey emerges as revived route for Iraqi oil amid Hormuz crisis
Baghdad accelerates revamp of long-idle pipeline puy out of action more than a decade ago by bomb attacks.
Philippines down to its last three weeks of fuel reserves, turns to Russia for help
The Philippines is currently navigating a perilous and largely overlooked period of economic vulnerability: its national fuel supply could run out in around three to four weeks if international imports don't arrive soon.
Laos boosts electric vehicles to curb fuel demand
Laos has unveiled sweeping measures to reduce fuel use, including cheaper fees for electric vehicles and higher costs for petrol cars.
Cambodia plans refinery as fuel prices keep climbing
Cambodia plans to build its first oil refinery by 2029 as fuel costs continue to rise.Minister of Mines and Energy Keo Rottanak said the country is also aiming to establish a crude oil stockpile to strengthen energy security.
Indonesia explores oil imports from Brunei
The government of Indonesia is reportedly assessing the possibility of importing crude oil from Brunei as part of efforts to safeguard national energy security
Sri Lanka declares weekly fuel holiday
Sri Lanka has designated every Wednesday a public holiday to conserve fuel as the country confronts the risk of supply shortages.
Another Japanese petrochemical producer cuts ethylene output
The Japanese refiner has lowered the operating rates at its ethylene facilities in Ichihara in Chiba Prefecture, east of Tokyo, and in Shunan in Yamaguchi Prefecture, according to company officials.
Bangladesh could save $3bn in LNG imports with 1 GW solar expansion
Bangladesh could reduce its LNG import expenditure by nearly $3bn over the next 25 years if it develops 1 gigawatt (GW) of solar power capacity, according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).
Vietnam seeks Japan, South Korea's help in securing crude oil
Vietnam has approached Japan and South Korea for assistance in securing crude oil supplies as global energy markets face disruption caused by the Iran conflict.
Vietnam prepares for possible flight cuts as jet fuel supplies tighten
Vietnam’s aviation sector has been told to prepare for possible flight reductions from April after China and Thailand suspended jet fuel exports, raising concerns over supply shortages linked to the Iran conflict.
Malaysia limits fuel for Thai vehicles amid shortages
Malaysian petrol stations near the Thai border have limited fuel purchases by Thai-registered vehicles to MYR35 (nearly $8) per fill as authorities move to prevent shortages and curb smuggling.
Thailand confirms oil exports to Laos amid regional concerns
Thailand will continue supplying oil to Laos despite regional fuel security worries caused by the Middle East conflict, Prime Minister Anutin Charnvirakul said on March 15.
Rising fuel prices deepen struggles for Cambodian rice farmers
Rising fuel costs are adding pressure to Cambodia’s rice farmers, who are already struggling with high fertiliser prices and low market returns.
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