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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)
Indonesian prosecutors name business tycoon Riza Chalid as suspect in $178.6mn oil terminal corruption case
The Indonesian Attorney General’s Office (AGO) has named businessman Muhammad Riza Chalid, beneficial owner of PT Orbit Terminal Merak (OTM), as a suspect in a high-profile corruption probe tied to the mismanagement of crude oil and fuel storage
Gazprom, CNPC hold further talks on Russian gas export prospects
Neither side publicly indicated any progress had been made on reaching a contract for gas supplies via Moscow’s planned Power of Siberia 2 pipeline to China.
Heatwave drives up Asian spot LNG prices
Asian spot LNG prices have creeped higher amid a heatwave in South Korea and Japan.
Vietnam’s Nhon Trach LNG-fired power plants to begin commercial operations this year
Vietnam will bring online two LNG-fired power plants before the end of the year.
Nine named in high-stakes corruption probe into Pertamina oil trade scandal
Indonesia’s Attorney General’s Office (AGO) has named nine individuals as suspects in a major corruption investigation linked to crude oil and refined fuel trading at state energy giant PT Pertamina, its subsidiaries, and external oil contractors bet
Sapura Energy seeks shareholder backing for major revamp and rebrand to Vantris Energy
Embattled Malaysian offshore and marine contractor Sapura Energy is calling on shareholders to approve its proposed regularisation plan (PRP) and a corporate name change to Vantris Energy, as the company aims to reset its financial trajectory
India says it never bought any sanctioned oil cargo
India has never purchased any sanctioned cargoes, Minister of Petroleum and Natural Gas Hardeep Singh Puri stated on the sidelines of the 9th OPEC International Seminar in Vienna
Indonesian ReforMiner urges urgent overhaul of oil and gas law to attract investment and ensure energy security
The Executive Director of the ReforMiner Institute, Komaidi Notonegoro, has urged both the government and the House of Representatives (DPR) to immediately revise Law No. 22/2001 on Oil and Gas, warning that the outdated legal framework is hindering
India highlights renewed drive to accelerate hydrocarbon exploration at OPEC Vienna summit
India’s renewed drive to accelerate hydrocarbon exploration took centre stage as Hardeep Singh Puri, Minister of Petroleum and Natural Gas, addressed global leaders and industry experts at the 9th OPEC International Seminar in Vienna on July 9
Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study
Just 111 of the world’s largest fossil fuel companies are collectively responsible for an estimated $28 trillion in climate-related economic damage, and just ten of those companies are responsible for half of that total.
Indian Gas Exchange gas trade volume falls 8% in June
Indian Gas Exchange (IGX) traded 101 mmscm of gas in June 2025, marking an 8% decline year-on-year, according to a press release dated July 7.
India's ONGC signs deal with Japan's MOL on building and operating VLECs
India’s state-owned ONGC has signed an agreement with Japan’s Mitsui O.S.K. Lines to build and operate two very large ethane carriers to support its growing petrochemicals business.
Indonesia to reactivate thousands of idle wells in push to reverse output decline
Indonesia is launching a major push to revive its flagging oil output by reactivating thousands of idle wells and incentivising the use of modern extraction technologies.
Santos strikes two-year LNG deal with QatarEnergy
Santos has signed a two-year mid-term LNG supply agreement with QatarEnergy Trading, the trading arm of Qatar’s QatarEnergy.
Australia awards "special project status" to Bonaparte CCS project
Australia is looking to position CCS as a cornerstone of its net-zero strategy.
Thailand moves forward with new LNG terminal
Thailand first began importing LNG in 2011 and has since expanded its infrastructure to meet rising domestic demand.
Eni, Petronas cement LNG leadership role in Southeast Asia
The energy sector in Southeast Asia is undergoing rapid transformation as LNG demand accelerates, fuelled by industrial growth, urbanisation and increasing environmental regulations.
Ca Na LNG power project in Vietnam sees bidding deadline extended
The deadline for bids on the Ca Na LNG power project in central Vietnam has been extended to 2 p.m. on July 19. This marks a shift from the previous deadline of June 30, as stated in the original notice issued on May 12.
Petronas Gas fully restores supply following Putra Heights explosion
Petronas Gas Bhd (PetGas), Malaysia’s leading gas infrastructure operator, has announced the complete restoration of gas supply to critical areas in Batu Tiga, Shah Alam, and Connaught Bridge
Iraqi crude oil supplies to India fall 4% in first half of 2025
Iraqi crude oil supplies to India dropped by 4% in the first half of 2025 compared to the same period last year
LNG in Asia: A transitional step on the way to a greener future
As the global push for decarbonisation intensifies, liquefied natural gas - LNG - is emerging as a pivotal player in Asia’s energy transformation.
Global LNG liquefaction capacity to grow 37% by 2028: GIIGNL
Global LNG liquefaction capacity is expected to grow by 37% to over 672.1mn tonnes per year by 2028 as producers commission around 180mn tpy of new capacity.
Venture Global signs 20-year LNG supply deal with Petronas
US LNG producer Venture Global has agreed to sell 1mn tonnes of LNG over a 20-year contact to Malaysia’s state-owned oil and gas company Petronas.
South Korea increases Canadian oil imports amid trade risks and Middle East tensions
Faced with rising geopolitical tensions and shifting global trade dynamics, South Korea is increasing its crude oil imports from Canada as part of a broader strategy to reduce dependence on politically unstable regions.
China continues to buy Iranian crude despite US sanctions
China has been able to purchase 1.4mn barrels per day of Iranian crude oil despite extensive US sanctions, according to Kpler data presented by Bloomberg.
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