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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)
Prabowo threatens ouster of oil and gas officials over regulatory bottlenecks
President Prabowo Subianto has delivered a forceful message to Indonesia’s oil and gas regulators, warning that officials who fail to streamline complex rules will be dismissed from their posts
Bumi Armada secures full control of Indonesia’s Kojo block in offshore expansion push
Bumi Armada Bhd has announced that its subsidiary, Armada Kojo BV, has secured a production sharing contract (PSC) with Indonesia’s Ministry of Energy to explore and develop the Kojo block in the Makassar Strait
Venezuela reroutes crude shipments to Asia as Chevron prepares to exit
Venezuela’s state oil company PDVSA has resumed independent exports of Boscan heavy crude, a grade previously handled by Chevron, after cancelling scheduled shipments to the US energy giant over payment concerns.
India's ONGC reports Q4 net profit drop of 20% y/y
India’s state-owned Oil and Natural Gas Corporation (ONGC) reported a 20% year-on-year (y/y) decline in consolidated net profit for the fourth quarter of FY25 (January-March), falling to INR88.56bn ($1.03bn) from INR110.96bn
Badak LNG and INPEX Masela forge LNG partnership to boost Indonesia’s gas sector
Badak LNG, has signed a Memorandum of Understanding (MoU) with INPEX Masela Ltd., the Indonesian arm of Japan’s INPEX Corporation, to explore strategic collaboration in advancing Indonesia’s liquefied natural gas
TotalEnergies eyes return to Indonesia with potential stake in Bobara block
French energy major TotalEnergies is reportedly seeking a return to Indonesia’s upstream oil and gas sector by acquiring a stake in the Bobara exploration block, according to the country's oil and gas regulator, SKK Migas
India's Petronet LNG posts highest-ever annual profit
India’s biggest LNG importer Petronet LNG has reported its highest-ever profit after tax (PAT) of INR39.26bn ($460mn) for the financial year ended March 31, 2025
TotalEnergies agrees to 20-year LNG purchase deal with Canada’s Ksi Lisims
Canada’s fledgling LNG sector has scored another win, with the proposed Ksi Lisims LNG project taking a key step forward after the announcement on May 19 of a 20-year offtake agreement with TotalEnergies.
Iran, Afghanistan voice desire to work together in oil, gas development
Iran and Afghanistan signalled their mutual desire to cooperate in the oil, gas and petrochemical sectors, with Tehran offering help to develop its neighbour’s growing petroleum industry.
Taiwan shuts down final nuclear reactor, pivots to LNG
Taiwan is looking to ramp up purchases of LNG cargoes on the spot market after the island shut down its final nuclear reactor.
Hanwha Energy affirms commitment to Vietnam’s LNG-to-power sector
Hanwha Energy is already a key player in the 1.5-GW Hai Lang LNG power project in Quang Tri Province, a development valued at approximately $2.3bn.
Muted response to Malaysia’s Sepat FPSO tender despite lucrative terms
Malaysian floating production, storage and offloading (FPSO) contractors are gearing up to submit commercial bids for the country’s Sepat FPSO project, though the anticipated enthusiasm from local players appears to have cooled
Indonesia targets Singapore traders in $12bn Pertamina corruption probe
Indonesia's Attorney General’s Office has extended its corruption investigation into state energy giant Pertamina by seeking cooperation from several trading firms in Singapore, following allegations of massive financial losses tied to oil imports
New Delhi's crude import bill falls 17% in April as Russian barrels gain ground
India’s crude oil import bill fell by 17% year-on-year in April 2025 to $10.8bn, down from $13bn in the same month last year
Japan’s top refiners scale back green energy plans as costs and energy security concerns soar
This cautious repositioning also includes a pivot towards LNG, with Eneos planning to strengthen and expand its LNG operations. Demand for LNG, the company believes, will likely continue to rise until around 2040.
Japan under pressure from US over investment in Alaska LNG pipeline
Japan’s participation in the $44bn initiative remains far from assured. Concerns persist within the energy sector over both the commercial feasibility and the long-term viability of the pipeline.
Petronas and Petros move toward profit-sharing deal in Sarawak gas dispute resolution
Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are nearing a profit-sharing arrangement to resolve a long-standing dispute over gas distribution control in Sarawak, according to insights from Kenanga Research
India’s LNG imports rise 21% in April
India’s liquefied natural gas (LNG) imports rose sharply in April 2025, reaching 3.03bn cubic metres (bcm), up 21.3% year-on-year, according to provisional figures from the Petroleum Planning and Analysis Cell (PPAC)
China’s CO2 emissions go into reverse for the first time
For the first time, China, the world’s biggest emitter of greenhouse gases, has seen its CO2 emissions go into reverse and start falling, despite a rapid growth in demand for power.
Eni boosts Indonesian gas output with Merakes East start-up
Italian energy giant Eni has commenced gas production from the Merakes East field in Indonesia's offshore Kutei Basin, further strengthening its foothold in Southeast Asia’s energy market
Sapura energy’s liquidity crisis persists despite return to profitability
Sapura Energy Bhd’s external auditors have once again flagged substantial doubts over the company’s ability to continue as a going concern, even as the Malaysian oil and gas services firm posted its first annual profit in six years
Woodside explores Aramco collaboration, potential stake in $17.5bn US LNG project
Shares in Woodside, Australia's largest gas producer, jumped nearly 4% following the announcement. The agreement also includes the possibility for Aramco to secure future LNG supplies from the facility.
Iran shrugs off fresh US sanctions as 'failed' tactic amid oil sales to China
Iran’s Oil Minister Mohsen Paknejad hit back at Washington’s renewed push to choke off Iranian crude exports, calling the United States’ “maximum pressure” campaign a “worn-out slogan” and a “failed experience.”
TNB and Malakoff poised to gain from Malaysia’s first gas plant tender in nearly a decade
Tenaga Nasional Bhd (TNB) and Malakoff Corp Bhd are expected to emerge as key beneficiaries of Malaysia’s first gas-fired power plant tender in nine years, amid soaring electricity demand driven by rapid data centre growth
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