AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Read a recent issue cover to cover (click the image below)

US, India take steps towards oil reserve co-operation

23 July 2020

Officials representing the US and India have signed a memorandum of understanding on co-operation relating to emergency crude reserves.

NRG: A global mixed bag

21 July 2020

The global pandemic is beginning to sort the weak from the strong, with some oil and gas projects receiving continued support despite the downturn while others are being labelled “wait and see”

LNG buyers increasingly seek flexibility as oil-indexation declines

17 July 2020

Oil-linked LNG contracts are falling out of favour, while buyers are increasingly in a position to demand more flexibility from sellers.

Bangladesh LNG power project secures Japanese loans

16 July 2020

Japanese companies intend to loan JPY69bn ($644mn) to a new liquefied natural gas (LNG) fired power project in Bangladesh.

Senex reports major Surat Basin gas reserves increase

16 July 2020

Australian junior Senex Energy has reported a 21% increase in its proved and probable (2P) natural gas reserves in its Surat Basin projects following an independent assessment of its estimates.

Pertamina plans to maintain Rokan oil production

16 July 2020

Indonesia’s state-owned Pertamina has said it wants to produce up to 180,000 barrels per day of crude oil from the onshore Rokan block once it assumes operatorship next year.

AGN unveils South Australian gas grid expansion plans

16 July 2020

Australian Gas Networks (AGN) has unveiled plans to invest around AUD580mn ($404.8mn) in the South Australian natural gas grid over the next five years.

RIL, Aramco deal delayed

16 July 2020

Reliance Industries Ltd (RIL) has blamed current economic headwinds for delays to the planned sale of a 20% stake in its oil-to-chemicals (OTC) business to Saudi Aramco.

Australian firms issue asset write-down warning

16 July 2020

Australian oil and gas companies have begun the painful process of writing off billions from the value of their upstream assets after energy prices tanked earlier this year.

China’s oil imports set new record in June

16 July 2020

China’s oil imports reached an all-time high of 53.18mn tonnes (12.99mn barrels per day) in June, according to General Administration of Customs (GAC) data released on July 14.

Shell could sell Abadi LNG stake

9 July 2020

Shell would like sell its 35% stake in Indonesia’s Abadi gas field

Importer JERA carries LNG losses

9 July 2020

Importer JERA carries LNG losses

Southeast Asian majors consider green future

9 July 2020

Two of Southeast Asia’s state-owned oil and gas majors have unveiled plans to begin investing in renewable energy as they begin to prepare for a fossil-free future.

China issues first private fuel export licence

9 July 2020

China has reportedly granted its first ever fuel export licence to a private refiner, a sign that the independent downstream sector is emerging from the shadow of the state-owned giants.

PGN plans petchem play

9 July 2020

Indonesia’s state-owned natural gas utility Perusahaan Gas Negara (PGN) has announced plans to enter the petrochemical segment in order to diversify its business model.

India’s state majors plan $47.6bn investment

9 July 2020

The Indian government has said the country’s state-run oil and gas companies have pledged to invest a combined INR3.57 trillion ($47.6bn) across 859 new and existing projects.

Indonesia’s Aceh Province unveils oil, gas discoveries

9 July 2020

The Indonesian province of Aceh said last week that two joint studies had discovered oil and gas reserves at the offshore Singkil and Meulaboh blocks.

Viva seeks partners for Victorian LNG project

9 July 2020

Australian fuel distributor Viva Energy has begun seeking potential partners for its planned liquefied natural gas (LNG) import terminal in Victoria.

Shell aims to exit major Indonesian gas block

8 July 2020

Indonesian upstream regulator SKK Migas has confirmed reports that Royal Dutch Shell intends to divest its 35% stake in the giant Masela gas block.

COVID-19 weighs on LNG exports as demand remains depressed

2 July 2020

COVID-19 continues to depress demand for LNG and batter exports, though some positive signs have emerged amid a generally bearish outlook for the coming months.

Jadestone acquires Lemang PSC onshore Indonesia

2 July 2020

Singapore-based independent Jadestone Energy has agreed to pay up to $44mn for Mandala Energy Lemang’s 90% operated stake in the Lemang production-sharing contract (PSC) onshore Indonesia.

CNOOC Ltd announces “significant” South China Sea discovery

2 July 2020

State-run CNOOC Ltd has announced a “significant” shallow-water crude and condensate discovery in the eastern South China Sea.

Edited by

Andrew Kemp

Editor

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