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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.
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Read a recent issue cover to cover (click the image below)
Malaysia's Reach secures Kazakh production contracts
CNPC unveils exploration plans
China’s largest oil and gas producer has outlined plans not just to increase its output this year, but for the first time to balance it equally between crude oil and natural gas.
Japan’s MODEC seeks to grow offshore Brazil
Japan’s MODEC, a manufacturer of floating oil and gas equipment, has said it plans to grow its business in Brazil, the largest oil producer in South America, by winning one or two major platform contracts each year.
Petronas signs LNG supply contract with Shenergy
Malaysia’s state-run Petronas has signed a long-term liquefied natural gas supply agreement with China’s Shenergy Group.
Woodside’s 2019 production, revenue slide
Australian developer Woodside Petroleum announced last week that both its production and revenue for 2019 had declined year on year.
India launches fifth exploration bid round
The Indian government has offered 11 oil and gas blocks under its fifth Open Acreage Licensing Policy (OALP-V) licensing round.
Vintage hits gas at Queensland well
Australian independent Vintage Energy has announced the discovery of natural gas at its first well on ATP 2021 in Queensland.
Pertamina seeks to bolster domestic crude purchases
Indonesia’s state-owned Pertamina is seeking additional domestic crude supplies for its refineries in 2020 after the government trimmed the company’s import allowance for the year ahead.
Petronas permits THHE to bid for some service contracts
Malaysia’s state-owned Petronas has allowed locally owned service provider TH Heavy Engineering (THHE) to resume bidding for some contracts following a nearly four-year ban on participation.
IOC seeks BPCL stake sale clarity
State-run Indian Oil Corp. (IOC) has said it is waiting for the government to clarify whether state-backed companies will be allowed to bid for New Delhi’s stake in Bharat Petroleum Corporation Ltd (BPCL).
Concerns voiced on viability of US-China deal’s energy trade targets
The US and China have signed a preliminary trade deal, amid concern that the energy purchase commitments set out in the agreement could be too ambitious.
Indonesian upstream set for another tough year
Indonesia’s upstream regulator SKK Migas has warned that the country could miss its 2020 crude oil production target despite an anticipated rise in upstream spending.
State Gas revises down Queensland well’s production numbers
Australian independent State Gas has revised down its production numbers for the Nyanda-4 gas well in Queensland after launching an audit into its initial figures late last year.
China unveils upstream reform
The Chinese government has unveiled plans to allow foreign and private companies to explore and develop the country’s oil and gas resources without the need for partnerships with state-owned developers.
MOL, COSCO name newest LNG carrier
Japan’s Mitsui OSK Lines (MOL) and China COSCO Shipping have named the second of four LNG carriers the companies have commissioned to transport fuel produced by Russia’s Yamal LNG project.
Vietnam sets 2020 goals for PetroVietnam
The Vietnamese government has raised the bar for state-owned PetroVietnam after the major surpassed its 2019 oil and gas production targets.
Petronas to re-enter Cambodia’s energy sector
Malaysia’s state-owned Petronas is preparing to re-enter Cambodia’s oil and gas sector after exiting the South-East Asian country in 2010, a senior Malaysian diplomat has said.
Indian LNG demand supports spot prices
India’s demand for liquefied natural gas (LNG) is helping drive spot prices for the fuel higher, according to a report by Reuters.
Indian Oil, OIL team up on CCUS-EOR project
India’s largest oil refiner Indian Oil has teamed up with state-run developer Oil India Ltd (OIL) on a project to re-inject refinery carbon emissions at a nearby mature oil project.
Cyclicality of LNG market to become clearer as demand forecast to recover
Analysts from Bernstein Research are forecasting that the global LNG glut will end earlier than widely expected thanks to an anticipated resurgence in Asian demand, as well as construction being wrapped up on current projects.
Australia becomes top LNG exporter for 2019
Australia edged out Qatar to become the world’s leading exporter of LNG in 2019, as its output of the super-chilled fuel grew.
China may liberalise fuel export sector this year
After several years of confining China’s independent refiners to selling on the domestic fuel market, 2020 appears to be the year the central government is ready to loosen its grip on the export market.
Lakes Oil hits gas in South Australia
Australian junior Lakes Oil has revealed that while its Nangwarry-1 exploration well in South Australia had intersected natural gas intervals at its primary target, it had come up empty at the secondary objective.
Hengyi Industries ramps up Brunei refinery runs
China’s privately run Hengyi Industries has begun operating its new refinery in Brunei at close to full capacity, Reuters quoted a company official as saying on January 2.
Petronas completes deal for Brazilian fields
Malaysia’s state-owned Petronas completed the acquisition late last month of a 50% stake in two deepwater fields in Brazil’s Campos Basin.
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