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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)
Petron threatens to close last Philippines refinery over “unfair” taxation
The Philippines could be about to lose its last refinery after Petron warned that it was weighing up whether to close its 180,000 barrel per day facility in Bataan.
India plans gas pricing reforms
The Indian government has unveiled plans to allow developers of new natural gas fields to sell their production on e-bidding platforms, in a bid to move toward market-determined pricing.
MedcoEnergi posts $96mn first-half loss
Indonesian oil and gas developer MedcoEnergi may have posted a first-half net loss of $96mn, but the company remains upbeat about the future and has said it will continue with its upstream investments.
NRG: Oil enters choppy waters
India greenlights Bharat Petroleum’s Mozambique LNG plans, but with a caveat
India’s government has reportedly authorised a Bharat Petroleum Corporation Ltd (BPCL) subsidiary to proceed with investment in the Mozambique LNG project, despite lingering questions about the company's past decisions.
Total sees oil demand peaking in 2030
Ups and downs as OPEC+ levels broadly maintained
China set for record LNG imports
China’s LNG imports are forecast to grow this year, with the country’s industrial and residential demand rising even as it shrinks elsewhere in the world owing to the coronavirus (COVID-19) pandemic.
Turkmenistan and Afghanistan sign agreements on construction of TAPI gas pipeline among other projects
IEC looks to future after subdued first-half
Oil and gas developer Indonesia Energy Corp. (IEC) saw its revenue and crude oil production both decline in the first half of this year, owing to the COVID-19 pandemic.
India slashes prices for domestic gas production
The Indian government has slashed the price of natural gas produced by state-run developers, putting their finances under greater pressure.
India seeks greater oil security
The Indian government has revealed that it is still exploring the idea of storing strategic reserves of oil overseas, after first touting the idea in July when it signed a co-operation agreement with the US.
Cairn Energy keeps arbitration award in its sights
UK developer Cairn Energy reiterated claims this week that it expects an arbitration panel to award it $1.4bn in damages against the Indian government in their long-running tax dispute.
Jemena to extend NSW gas pipeline
Australian pipeline operator Jemena has unveiled plans to plans to extend its Eastern Gas Pipeline (EGP) by around 185 km north from New South Wales’ capital city of Sydney to the Hunter Valley region.
Government approval puts Philippine LNG project back on track
The Philippines is on track to begin importing liquefied natural gas (LNG) before the end of 2022, following the government’s recent green light for work to begin on a floating storage and regasification unit (FSRU) based project.
CNOOC caps off productive September with third field start-up
Chinese state-run developer CNOOC Ltd said this week that it had started production from a shallow-water oilfield expansion in central Liaodong Bay, its third such announcement for September.
Australian prices to rise if Narrabri gas fields approved
Australian power and gas prices could rise if Santos’ Narrabri gas fields are approved, as the gas must travel huge distances to reach customers and generating facilities on the coast.
NRG: The blue-green future
Energy consumers and producers are evaluating how the arrival of hydrogen as a mainstream source of fuel will affect their environmental, political and financial goals.
BP shares tumble to 25-year low as investors doubt clean energy strategy
Chinese long-term oil demand in question
China has propped up international oil prices in recent years, but it may lose the ability to do so in the not too distant future.
Petronas cuts staff numbers in Myanmar
Malaysia’s state-owned Petronas has reportedly been reducing the size of its team at the Yetagun offshore natural gas field in Myanmar as it prepares for its eventual shutdown in a few years.
ONGC puts out fire at Gujurat gas processing plant
India’s state-run Oil and Natural Gas Corp. (ONGC) has put out a fire at its natural gas processing plant in Gujurat State after the facility was rocked by three explosions.
PipeChina takes over Guangdong gas grid
State-owned pipeline operator PipeChina has signed an agreement with the Guangdong Provincial government to take over the local natural gas grid.
Indonesia secures contractor production commitments
Indonesia’s upstream watchdog has announced a new agreement with the country’s oil and gas contractors that aims to ensure the country’s long and short-term production targets are met.
India’s crude imports shrink in August
India’s crude oil imports shrank 23.4% year on year in August to 15.15mn tonnes (3.58mn barrels per day), according to government data published on September 21.
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