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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)
Thai companies team up to develop sustainable aviation fuel
Bangkok Aviation Fuel Services Public Company Limited and Energy Absolute Public Company Limited announced a joint venture plan on April 4, 2024, to explore the production of sustainable aviation fuel
Fuel price surge looms over Pakistan amid global oil rate spike
In April 2024, Pakistan is poised to experience a notable increase in petrol and diesel prices, attributed to a surge in global oil rates and the government's intention to elevate levies on all petroleum oil lubricants
Pakistan to reverse gas price surge to safeguard industrial sector
The Federation of Pakistan Chambers of Commerce & Industry has sounded the alarm regarding the persistent rise in energy prices, cautioning that this trajectory could spell the closure of numerous industries, exacerbate unemployment, and more
Chevron exits Myanmar's Yadana gas project, PTTEP takes control
PTT Exploration and Production Public Company Limited announced today that Chevron subsidiary Unocal Myanmar Offshore Company Limited has completed its withdrawal from the Yadana natural gas project in Myanmar
Bangchak's subsidiary OKEA greenlights Brasse field development in Norway
Bangchak Corporation Public Company Limited's subsidiary, OKEA ASA, has made a final investment decision to develop the Brasse petroleum field in the Norwegian Sea
Vietnam unveils ambitious power plan: LNG, renewables & grid expansion
Vietnam has laid out a comprehensive roadmap for its power sector with Decision No. 262/QD-TTg. The plan prioritises a mix of imported liquefied natural gas, domestic gas, and renewable energy sources to achieve a total capacity of 56.3 GW by 2030
Pakistan to begin construction work on gas pipeline before Iranian president’s visit in April
Preparations are underway in Pakistan to break ground on a much-delayed pipeline to receive Iranian natural gas ahead of a possible visit by Iranian President Ebrahim Raisi to Islamabad this month.
DMEA: Aramco, ADNOC seek Indian oil storage deal
JSW Energy raises $50bn through QIP, securing investment from Abu Dhabi investment authority
JSW Energy Limited has accomplished a milestone by raising $50bn through a Qualified Institutions Placement, as confirmed in a regulatory filing on April 5,
Turkmenistan and Pakistan reaffirm commitment to TAPI gas pipeline project
Turkmenistan and Pakistan have reiterated their dedication to expediting the completion of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project
Indonesia’s Pertamina prioritises Balikpapan refinery development master plan completion
State-owned oil and gas company Pertamina is working towards the finalisation of the Balikpapan Refinery Development Master Plan focusing on its Turn Around Revamp program, which is slated for completion in early May 2024.
Demand increase sees Bangladeshi government ready to purchase 24 LNG cargoes from Singapore
Seoul and Washington work together to enforce North Korean sanctions
The South Korean and US governments are looking to work together to stop illegal oil shipments getting through to North Korea, while at the same time Moscow has started sending supplies direct to Pyongyang starting March 7.
How Chinese oil imports are helping to support the regimes in Moscow and Tehran
A new report by the Atlantic Council has suggested that China – using a so-called dark fleet in conjunction with Russian and Iran – is effectively getting around existing sanctions on oil purchases from both countries.
SABIC set to license Lummus ethylene and co-monomer technologies
Houston-based Lummus Technology announced in late March that SABIC Fuijan Petrochemical Co. Ltd. will utilise its ethylene and co-monomer technologies at a planned complex due to be constructed in Fuijan Province, China.
Indian government increases windfall tax on crude petroleum amid rising global prices
In response to surging global crude oil prices, the Indian government has decided to raise the windfall tax on crude petroleum,
MidOcean completes purchase of Tokyo Gas’ Australian LNG assets
MidOcean Energy, an LNG company that is owned and managed by Washington-based EIG Global Energy Partners, has announced the completion of an agreement to acquire a portfolio of interests in Australian LNG projects held by Tokyo Gas.
Australia delays mandatory climate reporting by six months
Australia will delay introducing mandatory climate reporting by its biggest companies by six months until January 1, 2025, according to a bill that the federal government has introduced to Parliament.
Japanese companies line up to store carbon in Malaysia
More Japanese companies are preparing plans to export their CO2 emissions to Malaysia to deliver on their net-zero goals, reaching a raft of carbon capture and storage study agreements in the southeast Asian country.
Pakistan has right to buy Iran gas, says defence minister after US sanctions warning
Pakistan said it had the “right” to buy natural gas from Iran, a week after the United States warned of sanctions if Islamabad presses ahead with a long-overdue pipeline project.
Pertamina secures 20-year contract extension for Urdaneta West Field block in Venezuela
PT Pertamina Hulu Energi has achieved a breakthrough with the extension of a contract for the Urdaneta West Field Block in Venezuela
Chinese power firm GCL pivots to LNG
Private Chinese power company GCL Holdings is shifting its focus from solar power to LNG.
Mitsubishi makes strategic investment in MidOcean Energy
Japan’s Mitsubishi Corp has placed a strategic investment in global LNG firm MidOcean Energy.
Vietnam secures Mitsui investment in the Block B gas-to-power project
Japan’s Mitsui Oil Exploration Company Ltd (MOECO) has agreed to invest in the Block B Project in southern Vietnam that entails developing an offshore gas field and linking it by pipeline to a gas-fired power plant complex, costing around $740mn.
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