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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.
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Read a recent issue cover to cover (click the image below)
ONGC delays FPSO charter extension
India’s state-run Oil and Natural Gas Corp. (ONGC) has delayed extending the charter contract for a floating production, storage and offloading (FPSO) vessel that is set to expire on April 19.
India’s gas demand tumbles during lockdown
India’s ongoing lockdown in response to the coronavirus (COVID-19) pandemic has seen industrial demand for natural gas plummet.
Australian regulators approve new offshore seismic surveys
Australia’s offshore regulator has approved two new seismic surveys offshore Western Australia, even as the companies involved begin cost-cutting initiatives.
Oil plunges again after IEA paints bleak picture
OPEC+ cuts deep into global supply, but not deep enough
China prepares to close ‘oil deal of a lifetime’ in Iraq
Oil prices give up early gains as analysts say new OPEC+ production cuts not big enough
Shell delays FID on Crux project in Australia
Royal Dutch Shell announced on April 7 that alongside its joint venture partners it had agreed to postpone a final investment decision (FID) on the proposed Crux gas project offshore Australia.
KOGAS reportedly asks certain suppliers to defer LNG shipments
Korea Gas (KOGAS), one of the world’s leading buyers of LNG, has reportedly asked some of its suppliers to defer shipments of the fuel as the coronavirus (COVID-19) pandemic continues to depress demand.
Woodside steps up pursuit of hydrogen export goals
Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.
ONGC seeks upstream tax relief
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly appealed to the government for tax relief as its core business comes under pressure from the oil and gas price crash.
Sino-Kazakh venture to build pipe factory
China and Kazakhstan are set to begin building an oil and gas pipe factory in Almaty in the second quarter, after the project was quietly shelved two years ago.
Sinopec starts up Sri Lankan bunkering operations
China’s state-run Sinopec has announced the official launch of bunkering operations at its oil depot at the port of Hambantota in Sri Lanka.
IOC awards Barauni refinery upgrade contract to L&T
State-run Indian Oil Corp. (IOC) has awarded international engineering company Larsen & Toubro (L&T) a contract to expand the capacity of the Barauni refinery in the eastern state of Bihar.
Pertamina to expand crude production by 1.8% this year
Indonesia’s state-run Pertamina has said it intends to increase its crude oil production by 1.8% this year, doubling down on its previous statement that the oil price crash would not affect its drilling plans for 2020.
Origin increases stake in Beetaloo Basin shale gas project
Australian developer Origin Energy will increase its stake in the Beetaloo Basin shale gas project in exchange for covering a larger share of junior partner Falcon Oil and Gas’ cost obligations.
US LNG exports to China resuming thanks to tax waivers
Shipments of US LNG to China are resuming after Beijing has reportedly started granting tax waivers to certain importers of the super-chilled fuel.
Global oil storage facilities near capacity
The unprecedented glut in global oil supply has tested storage capacity to the limits, driving the world’s biggest producers to negotiate a truce this year and curb their output.
Trump signals Russia-Saudi truce
Woodside postpones FIDs on LNG projects amid downturn
Australia's Woodside Petroleum is postponing final investment decisions on three LNG projects – the Scarborough offshore gas development, Browse LNG and Train 2 at the existing Pluto LNG facility.
Russia, Saudi Arabia agree to slash oil production, Trump claims
Donald Trump said on April 2 that Russia and Saudi Arabia would be cutting their output, instead of continuing with a supply war that could result in hundreds of oil companies going out of business. The Kremlin denied his claim.
Pavilion calls for industry standard on GHG emissions
Singapore’s Pavilion Energy is asking potential suppliers to work on developing an industry standard for greenhouse gas emissions from LNG.
Saudi oil surge and the threat to the energy transition
The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance
PetroVietnam cuts salaries
State-owned PetroVietnam has said it will cut employee salaries as it reduces costs in response to the international oil price crash.
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