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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.
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)
Indian refiners eye Brazilian crude, but few large-scale term supply deals are likely
Indian refiners are considering buying more Brazilian crude, but few large-scale term supply deals are likely.
CNOOC lead China’s rush of orders for LNG tankers
Japan’s NYK has ordered six new 170,000 cubic metre gas carriers from CSSC Hudong-Zhonghua Shipbuilding for charter to CNOOC, as China continues to raise its LNG export capabilities.
India reportedly angling for steep discount on Russian oil
India is reportedly putting pressure on Russia to lower the price of its crude oil to make up for the extra challenges that buyers have encountered in the wake of the invasion of Ukraine in late February.
AsianOil: Indian refiners reportedly negotiating oil import deal with Russia
Indian refiners are reportedly in talks over a six-month deal to import oil from Russia, while separate reports suggest the two sides are exploring alternative payment mechanisms.
India seen increasingly pivoting to Russia
India appears to be increasingly turning to Russia to procure oil, even as other countries step up sanctions against Moscow.
OPEC+ unlikely to alter its course
Asian refiners reap record profits on high demand, tight supply
Asian refiners were reported as seeing their highest ever profits this week.
SK earthon takes on operatorship of block offshore Malaysia
SK earthon, a unit of South Korea’s SK Innovation, has taken on the operatorship of Block SK427 off the coast of Sarawak, Malaysia.
Myanmar’s E&P exodus continues
Petronas and PTTEP have announced their withdrawal from the Yetagun gas project in Myanmar, though PTTEP will continue to participate in other projects in the country.
Oil demand in China plummets
KOGAS strikes deal for US LNG supply with BP
State-owned Korea Gas (KOGAS) has struck a deal to buy US-produced LNG from BP.
Petronas, Sabah sign MoU on nearshore FLNG development
Petronas and Sabah Oil & Gas Development Corp. (SOGDC) have signed a memorandum of understanding on the development of a nearshore floating LNG facility in the Malaysian state of Sabah in Borneo.
CNOOC confirms end to Flemish Pass Basin exploration
China National Offshore Oil Corp. (CNOOC) has confirmed to Canadian media that it is exiting the Flemish Pass Basin offshore Newfoundland and Labrador.
France’s GTT wins LNG tank design contract from SMI
France’s GTT has won a contract from South Korean shipbuilder Samsung Heavy Industries (SMI) to design for tank for a new LNG Carrier (LNGC).
AsianOil: Petronas, Sabah sign MoU on nearshore FLNG development
Petronas and Sabah Oil & Gas Development Corp. (SOGDC) have signed a memorandum of understanding on the development of a nearshore floating LNG facility in the Malaysian state of Sabah in Borneo.
Asian buyers grapple with whether to keep buying Russian oil
Asian buyers are faced with the dilemma of whether to continue buying Russian oil, which is currently selling at a discount as Western sanctions against Russia remain in place.
Maersk secures Ichthys extension, announces rig sale
Maersk Drilling has secured a one-year contract extension for its Maersk Deliverer rig at the Ichthys field offshore Western Australia. Separately, it also said it had agreed to sell the benign environment Maersk Convincer jack-up rig.
Apus-1 well comes up dry for Santos, Carnarvon
The Apus-1 in the Bedout sub-basin offshore Western Australia has been reported to be a dry hole.
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