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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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Gandhar Oil IPO listing: Shares debut at 76% premium over IPO price
Gandhar Oil Refinery India Limited's shares made a robust market debut, commanding a 76% premium over the IPO issue price
Malaysian company Petronas expects lower profitability amidst volatile oil and gas prices
Malaysia's state energy firm, Petroliam Nasional Berhad, reported a decrease in third-quarter profit on November 29
Cambodia to build first gas-fired power plant, replace coal project with LNG facility
Cambodia has scrapped plans to build a 700-MW coal-fired power plant in Koh Kong and will instead build an 800-MW LNG plant
China dragging its heels on Power of Siberia 2 gas pipeline investment, price deal
China is dragging its heels on committing to investments into the Power of Siberia 2 gas pipeline as it pushes for deeper discounts for Russian gas.
Pakistan sees only top-drawer bids for January LNG delivery
Pakistan has received four international bids for the supply of an LNG cargo in early January, with the lowest bid at $18.46 per unit
Sri Lanka greenlights $4.5bn refinery project with China’s Sinopec
The government of Sri Lanka on November 27 approved a crucial $4.5bn refinery project proposed by Chinese state refiner Sinopec, according to the country's Energy Minister, Kanchana Wijesekera.
Indonesia-operated MedcoEnergi to acquire ownership stake in two blocks in Oman
Indonesia-operated oil exploration company PT Medco Energi Internasional has received approval from the Sultanate of Oman to acquire a 20% ownership stake in two blocks in the country.
India to blend biogas into natural gas for domestic use
India's government has decided to blend compressed biogas into natural gas for use throughout the country under a compulsory mandate. It expects the move to reduce national dependence on foreign gas imports and boost domestic demand.
Chinese independent refiners 'in disarray' as US eases sanctions on Venezuelan oil
The unexpected lifting of US sanctions on Venezuelan oil has unsettled China's independent refiners, prompting a pause in new purchases due to significant discrepancies in offer prices, according to trading sources.
China significantly increases stockpiles of oil, food and key raw materials as geopolitical tensions grow
China has significantly increased its oil reserves and stockpiles of food and key raw materials, in a move that has suggested to some that it is getting ready for war, but is seen by others as mere prudence.
AsianOil: Australia’s energy giant Santos stands up to anti-energy activist law firm
Indian Oil plans to double Ennore LNG terminal capacity amid push for more gas
Indian Oil Corp will double the capacity of the Ennore LNG import terminal in the country’s south-eastern state of Tamil Nadu, the firm’s executive director for gas business announced on November 24.
Malaysia's biojet fuels from palm oil byproducts offers biomass potential
The production of biojet fuels from empty fruit bunches biomass is emerging as a pivotal solution for palm oil-producing nations, particularly Malaysia
Maritime transportation company ELPI secures new contract for platform support vessel operation in Sarawak, Malaysia
During the National Capacity Forum III event in 2023 held at the Jakarta Convention Centre on November 24, the maritime transportation company PT Pelayaran Nasional Ekalya Purnamasari Tbk secured a new contract in Sarawak, Malaysia.
Trafigura to supply Philippines with LNG cargo
Philippines’ power generation company First Gen Corporation (FGEN) has awarded its second LNG cargo tender to Swiss trader Trafigura. The cargo is to be delivered to a floating storage and regasification unit (FSRU), the BW Batangas.
Australia’s energy giant Santos stands up to anti-energy activist law firm
Leading Australian energy firm Santos has been forced to halt its Barossa gas project due to a lawsuit filed by the Environmental Defenders Office, an activist law firm
Japan asks LNG buyers to secure long-term deals to strengthen energy security
The Japanese government is requesting that LNG importers make efforts to secure decades-long supply deals amid growing concerns in the country over energy security.
Indonesia's Chandra Asri Petrochemical plans nearly $1bn investment
Suryandi, the Director of Human Resources & Corporate Affairs at PT Chandra Asri Petrochemical Tbk (TPIA), has announced the company's intentions to construct a chlor alkali and ethylene dichloride plant
Indonesia's Special Task Force for Upstream Oil and Gas Business Activities unveils advancements in Papua's Warim Basin exploration
The Special Task Force for Upstream Oil and Gas Business Activities has revealed the latest progress in the development of the Warim Block in Papua.
President Joko Widodo inaugurates Tangguh Train 3 LNG project in Papua
President Joko Widodo has officially inaugurated the Tangguh Train 3 LNG project, operated by British Petroleum.
High prices to lead to challenges for imports of LNG in Vietnam
Vietnam is contemplating the increased development of LNG as one of the means to transition to low-emission energy sources.
India's gas consumption jumps in September due to rising electricity demand
India’s gas consumption saw its ninth consecutive month of growth in September, according to data released by the Gas Exporting Countries Forum (GECF) in its monthly November report.
Santos forecasts fall in output for 2024 amid end of LNG field life
Australian energy company Santos forecasts a drop in output for 2024 on the back its Bayu-Undan LNG field’s life coming to an end.
CNG prices hiked in Delhi-NCR from November 23
Indraprastha Gas Ltd has implemented a price hike of $0.012 per kg for compressed natural gas in Delhi, Noida, Greater Noida and Ghaziabad, effective from November 23
Russian LNG exports to China soar
Russian LNG exports to China from January to October have climbed to 6.9mn tonnes, a rise of almost 40% on the same period last year, according to data from China’s General Administration of Customs.
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