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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)
Carbon capture and storage has reached a ‘turning point’, says DNV
A new report from DNV anticipates that total funding for carbon capture and storage will hit $80bn by the end of this decade
Pakistan considers new oil routes from UAE, Saudi Arabia
Pakistan is considering importing its crude oil from Saudi Arabia and the UAE through pipelines if the Strait of Hormuz is shut down due to the ongoing war between Iran and Israel.
What the Iran-Israel war could mean for much of Asia
From energy security and trade disruptions to political polarisation and rising tensions among Muslim-majority nations such as Indonesia, Malaysia and nuclear armed Pakistan, the consequences for Asia could reshape regional dynamics.
India may hold oil potential on scale of Guyana
India could be on the verge of uncovering oil reserves comparable to those of Guyana, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said
MedcoEnergi commences first oil lifting from Forel field, showcasing Indonesia’s offshore innovation
PT Medco Energi Internasional (MedcoEnergi) has launched its first oil lifting operation from the Forel oil and gas field in South Natuna Sea Block B, marking a key achievement in Indonesia’s upstream energy development
TotalEnergies expands Malaysian upstream portfolio with major offshore block acquisition
TotalEnergies SE has bolstered its upstream gas portfolio in Southeast Asia through a significant acquisition of offshore assets in Malaysia, under new agreements with state-owned oil firm Petroliam Nasional Bhd (Petronas)
ADNOC to make takeover bid of Australia’s Santos
The United Arab Emirates’ state-run Abu Dhabi National Oil Company will submit an all-cash AUD28.6bn takeover bid for Australian oil and gas producer Santos.
COMMENT: Israel-Iran conflict intensifies with limited macro fallout but mounting geopolitical risk
The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.
ING: Oil in focus as Israel-Iran conflict escalates
Commodity markets are focused on escalating geopolitical tensions between Israel and Iran, with the Middle Eastern conflict sparking a surge in oil prices.
GAIL inaugurates monsoon LNG operations at Dabhol following breakwater milestone
India’s state-run gas utility GAIL (India) Ltd has successfully discharged its first LNG vessel during the Southwest monsoon season at the Dabhol terminal.
South Korea reviews energy resilience as tensions rise in the Middle East
The South Korean government has launched an emergency review of the country’s oil and gas supplies as escalating hostilities in the Middle East threaten to destabilise global energy markets.
Japan quietly resumes Russian oil imports
Data from ship-tracking firm Kpler indicates that the cargo was carried aboard the Voyager, a vessel sanctioned by both Washington and Brussels. The oil was delivered to a Taiyo Oil refinery on June 8.
South Korean companies on edge as oil prices surge amid Middle East escalation
Following Israeli airstrikes on Iran, global oil markets have been jolted, driving prices sharply higher and raising concerns across South Korean industries.
Israel–Iran conflict could sharply raise India’s oil import bill
The continuing military confrontation between Israel and Iran could pose significant economic challenges for India, with energy security and export costs emerging as key areas of concern
China’s LNG imports predicted to dip in 2025
China is expected to experience a fall in LNG imports in 2025.
Kazakhstan grants exploration and development rights for Uztyurt 2 block to Chinese investor
Kazakhstan granted exploration and development rights for the Ustyurt 2 onshore block to Kazakhstan Dinghua Energy, a privately-owned Chinese investor, in a recent auction that saw only four out of nine blocks allocated.
Australia poised to import LNG for first time
Without fresh supply, LNG exporter Australia’s east coast is expected to see a gas shortfall.
CNG vehicle adoption accelerates across India
Air pollution remains a severe public health challenge in North India, especially during the winter months, with several cities in the region regularly feature among the world’s top ten most polluted.
JERA signs deals to buy up to 5.5mn tpy of US LNG
Japan’s JERA has signed separate 20-year agreements to buy up to 5.5mn tonnes per year of US LNG from several different developers on the Gulf Coast.
Venezuela’s oil exports hold steady as China offsets US sanctions hit
Venezuelan oil shipments were largely flat in May, as increased flows to China helped offset the drop caused by the expiry of US authorisations that had previously allowed limited exports
Venezuela quietly taps foreign oil investors amid sanctions
Venezuela is increasingly turning to opaque production-sharing agreements to attract foreign oil investment as US sanctions complicate traditional partnerships.
Thailand and Vietnam lead Southeast Asia’s energy expansion with renewables and LNG
As the world eyes Southeast Asia’s energy future, Thailand and Vietnam stand out not just for the scale of their ambition, but for their ability to combine pragmatism with innovation.
Pakistan sees decline in crude oil and gas in 9MFY25
Pakistan witnessed a notable decline in domestic crude oil and natural gas production during the first nine months (July–March) of fiscal year 2025
Japan said to buy first Russian Sakhalin oil since invasion
The Japanese oil refiner Taiyo Oil bought Russian crude oil on a tanker that’s blacklisted by both the US Treasury and the European Union.
US-China trade optimism pushes oil prices higher
China ceased all imports of US crude in March but continues to source from elsewhere; a far cry from the heady days of 2020 when Beijing was importing 481,000 barrels per day of American oil.
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