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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.
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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AEMO warns of gas supply shortfalls
Australia’s East Coast gas market is on track to experience natural gas shortages within the next five or so years, a new report by the Australian Energy Market Operator (AEMO) has warned.
ONGC calls for an end to Indian gas price controls
India’s state-run Oil and Natural Gas Corp. (ONGC) has called on the government to remove price controls on locally produced natural gas.
Cooper unfazed by oil price crash, coronavirus pandemic
Australian junior Cooper Energy has said its business model will be largely unaffected by both the oil price crash and the coronavirus (COVID-19) pandemic.
Australia’s 3D Oil secures work programme extension
Australia’s offshore licensing body has granted 3D Oil a 21-month extension to its work programme in the WA-527-P crude oil play, which lies in the offshore Bedout sub-Basin.
Sinopec trims 2020 capex, expands upstream budget
China’s state-run Sinopec has announced plans to trim its 2020 capital expenditure by 2.5% year on year to CNY143.4bn ($20.19bn).
McDermott confirms start-up of ONGC deepwater well
India’s state-owned Oil and Natural Gas Corp. (ONGC) has brought its first deepwater natural gas well at the KG-DWN-98/2 block on stream.
China capitalises on Saudi-Russian price war
Oil prices take another tumble
Putin clears Gazprom to proceed with pre-investment phase of next gas pipeline to China
Pakistan’s falling fuel demand could hit upstream operators
The coronavirus (COVID-19) pandemic is reportedly depressing Pakistan’s fuel demand to the point where the country’s upstream may have to trim its production of crude oil.
Pertamina approves Indonesia Energy’s drilling plan
Upstream junior Indonesia Energy said this week that state-owned Pertamina had approved its technical programme and drilling budget for the onshore Kruh Block.
Indian LNG buyers issue force majeure notices
India’s decision to impose a 21-day lockdown this week has reportedly driven the country’s liquefied natural gas (LNG) importers to issue force majeure notices to their suppliers.
Santos slashes spending
Australia developer Santos is planning to slash capital expenditure this year and delay a major natural gas development owing to the oil price collapse.
Oilex’s asset sale to Doriemus at risk
Australian independent Oilex has warned that its planned sale of assets in Australia to Doriemus is unlikely to proceed following the withdrawal of the latter company’s proposed capital raising.
Warrego trims the fat, rejects takeover bid
Australian independent Warrego Energy announced plans this week to reduce its overheads after revealing that it had rejected a takeover offer from Strike Energy.
Sinopec Oilfield Service to boost capex in 2020
Sinopec Oilfield Service has said it intends to boost its capital expenditure by 18% year on year in 2020.
Jadestone freezes Vietnamese gas project
Singapore’s Jadestone Energy has decided to delay the Nam Du and U Minh natural gas project in Vietnam owing to the slide in oil prices.
US considers wading into Saudi-Russia supply war
Fitch cuts oil price outlook for 2020 from 62.5/bbl to $41/bbl on global recession fears
Fitch Ratings has cut its short and medium-term oil and natural gas price assumptions in expectation of very large market oversupply in 2020.
Yantai LNG obtains approval to build import terminal
China's Yantai LNG Group has been given government approval to build an LNG terminal in Shandong Province.
Oil prices collapse as COVID-19 wreaks havoc
PetroVietnam may stockpile oil while prices are low
The oil price crash has prompted PetroVietnam not only to review its spending but also to consider whether it should begin stockpiling crude.
Santos agrees to Darwin LNG, Bayu-Undan stake sale
Australian developer Santos has agreed to sell down its stake in the Darwin liquefied natural gas (LNG) terminal and the Bayu-Undan gas field once its acquisition of ConocoPhillips’ northern Australian gas assets has been finalised.
Indonesia works on low oil price strategy
The Indonesian government is currently trying not only to understand how the international oil price collapse will affect the domestic economy but also what opportunities it creates for the country.
Oil Search slashes budgets in response to price crash
Australia-listed developer Oil Search has slashed its projected capital and investment expenditure for 2020 in response to falling international oil prices.
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