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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)
OGT2025 conference and exhibition in Ashgabat gains momentum
Preparations are gathering momentum for the landmark 30th Anniversary International Conference and Exhibition “Oil and Gas of Turkmenistan – 2025”, scheduled to take place from 22 to 24 October in Ashgabat.
India’s BPCL secures marketing rights as Mozambique LNG sets to resume construction
India’s state-run Bharat Petroleum Corporation Ltd has secured marketing rights from TotalEnergies’ long-delayed Mozambique LNG project.
Fuel costs rise in the Philippines amid global supply worries and regional tensions
Fuel retailers are preparing to raise prices by up to PHP0.70 per litre on August 25, reflecting tightening supply in the United States and growing demand.
China’s Hongrun buys Canadian, Brazilian crude for Changyi refinery
Chinese independent refiner Hongrun Petrochemical has snapped up crude supplies from Canada and Brazil for its newly acquired Changyi refinery.
Vietnam considers exclusive use of E10 fuel from 2026
Vietnam’s Ministry of Industry and Trade has suggested that from January 1, 2026, E10 biofuel should become the only fuel available nationwide for petrol-powered vehicles.
Iraq's GasChem export terminal receives biggest liquefied gas tanker in its history, bound for China
India rejects criticism over Russian oil trade but flow from Moscow plummets
India has pushed back against mounting criticism of its continued energy ties with Moscow, insisting that no country is obliged to buy refined Russian oil products exported from Indian refineries.
China takes Russian oil shipments usually bound for India amid shifting trade flows
At its peak, Russia was India’s largest single supplier of crude, commanding a 36% share of the market. In 2024 alone, New Delhi imported $53bn worth of oil and crude products from Russia.
Air Liquide moves to acquire DIG Airgas in €2.85bn transaction, deepening South Korean reach
Its portfolio currently includes 60 plants and 220 kilometres of pipeline networks, supported by a workforce of 550 employees.
India and Russia agree to strengthen trade partnership
India and Russia agreed on August 21 to expand their economic partnership during a meeting of their foreign ministers in Moscow
Pertamina officials questioned in expanding corruption probe on oil and refinery management
Indonesia’s Attorney General’s Office (AGO) has summoned six officials from state-owned energy giant Pertamina and its subsidiaries as part of a widening investigation into alleged corruption in crude oil and refinery product management
Lemery Oil opens $35mn fuel hub in the Philippines
Lemery Oil Terminal Corp. has invested PHP2bn (roughly $35mn) in a large-scale petroleum storage complex in Batangas, which it aims to position as a strategic gateway for additional fuel importers entering the Philippine market.
Vedanta chairman calls for 50% domestic oil and gas output to secure India’s energy future
Vedanta Chairman Anil Agarwal has stressed the need for India to ramp up domestic energy production, urging that at least half of the country’s oil and gas requirements be met locally to strengthen long-term energy security
Samsung Heavy secures $1.5bn LNG carrier orders from Oceania
Samsung Heavy Industries has announced contracts worth $1.52bn to build six LNG carriers for two shipowners based in Oceania.
South Korea outlines measures to support petrochemical sector restructuring
The Ministry of Trade, Industry and Energy said on August 20 that the roadmap aims to reduce surplus capacity, shift production towards higher-value specialty products, strengthen firms’ financial health and limit the impact of restructuring
Turkey to sign agreement for oil and gas exploration fields in Pakistan soon, says minister
Turkey’s Energy and Natural Resources Minister Alparslan Bayraktar has announced that Ankara will soon sign an agreement for oil and gas exploration fields in Pakistan that it previously secured through a tender.
Australia's Origin Energy warns of slower and more costly transition to renewables
Origin Energy reported a stronger full-year profit last week, boosted by higher contributions from its LNG operations and cost efficiencies.
ADNOC-led group delays finalising takeover of Australia's Santos
“The market is telling you there’s increased risk and uncertainty,” one analyst said.
Indonesia plans fleet of small-scale refineries to handle US, domestic oil
Small refineries, typically ranging from 50,000 bpd to 150,000 bpd, lack sophisticated upgrading units and therefore lose out on economies of scale.
Indian Oil Corporation to continue Russian crude imports despite US pressure
Amid growing calls from Washington for New Delhi to reduce its dependence on Russian energy, Indian Oil Corporation (IOC) has said it will continue sourcing crude from Russia
SCG to restart $5.4bn petrochemical complex in Vietnam
Thailand’s SCG Group has announced plans to restart operations at the Long Sơn Petrochemical (LSP) complex in Vietnam
Details of Iraq-China agreement mechanism for project financing revealed
Iraq-China agreement account reaches IQD3.132tn in first half 2025 with daily oil allocation increased to 150,000 barrels to finance infrastructure projects through four-mechanism system.
Saipem begins construction on BP’s $7bn integrated gas project off Indonesia
Italy’s energy engineering and construction group Saipem has launched fabrication work on BP’s $7bn integrated project in Indonesia, marking a significant step forward in the expansion of the country’s LNG capacity.
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