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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)
Aramco and Pertamina to finalise reduced Cilacap plans in Q1
Report: Singapore’s LNG imports to more than triple by 2028
Singapore’s imports of LNG are forecast to more than triple by 2028, according to a new report.
Australia commits to gas reserve scheme
Australian Federal Resources Minister Matt Canavan said last week that the government was ready to implement a national gas reservation scheme in order to lower prices on the east coast.
India continues campaign to extend gas’ reach
India’s efforts to expand the use of natural gas within the country’s primary energy mix continued this week with the opening of the country’s first liquefied natural gas dispensing station.
Malaysia seeks to resolve states’ Petronas royalty demands
The Malaysian government may give oil-producing states such as Sarawak and Sabah a direct interest in state-owned Petronas, Prime Minister Mahathir Mohamad told Reuters on December 10.
Senex expands gas supply deal with Orora
Australian independent Senex Energy has expanded its natural gas sales agreement with Queensland-based Orora, agreeing to supply the manufacturer with 13.2 petajoules (343.84mn cubic metres) of gas from Project Atlas.
Indonesia’s upstream revamp may be too little
Indonesia has begun courting foreign upstream investors following the government’s announcement last week that it was considering the creation of a two-contract licensing model.
Turkmenistan enlists consultant for TAPI
Karoon Energy scales back Australian operations to focus on South America
Bruce Phillips, the chairman of Australia’s Karoon Energy, said last week that his company was taking steps to shift its focus to development projects in South America.
ExxonMobil cancels Australian LNG import project
ExxonMobil said this week that it was abandoning plans to build a liquefied natural gas import terminal in Australia’s south-eastern state of Victoria.
Asian LNG spot prices sink further amid warnings of overpayment on contracts
Asian LNG spot prices – already depressed this year – fell further this week, amid warnings that buyers of the fuel could pay considerably more if they purchase it under long-term contracts.
Santos ups production guidance for 2025
Australian developer Santos has upped its production outlook for 2025 as it settles into the final phase of a strategy first outlined in 2016 as a means of escaping its heavy debt load.
Equinor resubmits Great Australian Bight drilling plan
Norwegian oil and gas developer Equinor has resubmitted its deepwater drilling plan for the Great Australian Bight to offshore regulator National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).
Petronas sets date for second FLNG unit launch, mulls third
Indonesia considers more flexible upstream licensing system
Indonesia may allow upstream developers to choose between the country’s current licensing model and the one it replaced in 2017, Energy Minister Arifin Tasrif said on December 2.
India’s largest refinery project under review
India has high hopes for oil, gas production
Russia's $55bn Power of Siberia gas pipeline to China comes online
Russia’s Gazprom flagship Power of Siberia gas pipeline mega-project that connects Russia’s Siberian gas fields with China came online on December 2, after the investment of billions of dollars that will earn the company billions more
ESPO boosts capacity by 10%
PNG “disappointed” by Exxon’s rejection of P’nyang terms
Papua New Guinea (PNG) Minister for Petroleum and Energy Kerenga Kua has said he is disappointed with ExxonMobil’s rejection of the government’s terms for the proposed P’nyang natural gas project.
IEEFA calls for Australian upstream tax reforms
Australia’s oil and gas royalty and tax system needs to be overhauled to ensure that upstream companies are paying their fair share, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Petronas says RAPID is on track despite reports
China’s gasoline exports set new record in October
China’s gasoline exports climbed more than 166% year on year in October to 1.73mn tonnes, according to General Administration of Customs (GAC) data.
Gazprom prepares Power of Siberia launch
More than a decade in the making, the Power of Siberia natural gas pipeline will finally start operations next week.
Petronas claims RAPID on track to start up this year
Malaysia’s state-owned Petronas has downplayed a recent report that its integrated downstream complex in southern Malaysia is running behind schedule.
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