AsianOil - Asia Oil & Gas

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Oil & Gas

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Overview

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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Read a recent issue cover to cover (click the image below)

Russia considers tax exemptions for joint oil venture with Vietnam

23 November 2023

In a move aimed at fostering collaboration in the energy sector, Russia is contemplating providing tax exemptions to the joint Russian-Vietnamese oil company, Rusvietpetro

China goes deeper than ever before with new Sinopec well

22 November 2023

In a rare oil or gas-related story from the remote north-west of China, Sinopec, the country's petrochemical giant, has achieved a major milestone by completing a 9,432-metre-deep oil and gas well.

Singapore eyes a second LNG terminal by 2030

22 November 2023

In a bid to help bolster its energy security, Singapore is set to establish a second LNG terminal by the close of the decade.

Shell expands offshore exploration in Malaysia with focus on new fields

22 November 2023

UK supermajor Shell is intensifying its exploration efforts in the offshore regions of Malaysia

Pakistan floats LNG tender to meet winter demand

21 November 2023

Pakistan LNG Limited has issued a tender with a four-day notice, inviting bids for a standard LNG cargo with targeted delivery on Jan 8-9

Japex, JGC Holdings and Kawasaki Kisen Kaisha partner with Petronas CCS Ventures for offshore CCS project

21 November 2023

Japan Petroleum Exploration, JGC Holdings Corporation and Kawasaki Kisen Kaisha have agreed and signed a key participation agreement with Petronas CCS Ventures.

Pakistan, Iran to resume talks over stalled gas pipeline

20 November 2023

Pakistan and Iran will resume discussions in the forthcoming weeks to revive a troubled gas pipeline project, amid a looming deadline that could cost Islamabad billions of dollars in penalties.

Russia diversifies crude oil buyers with first-ever shipment to Brunei amidst sanctions

17 November 2023

Russia has ventured into new markets by shipping its inaugural Urals crude oil cargo to Brunei

Indonesia's upward trend in domestic component levels in the oil and gas upstream sector

17 November 2023

Indonesia's Special Task Force for the Upstream Oil and Gas Business Activities has reported that the domestic component level in the upstream oil and gas industry has reached 61.8%

Venezuelan coke gains traction in India as sanctions ease, narrowing discounts

16 November 2023

The discount on Venezuelan petroleum coke in India's key market is narrowing after last month’s easing of US sanctions on Caracas. Indian cement makers are increasingly eyeing Venezuelan coke as an alternative to US and Saudi product.

IndianOil LNG to invest $408m in expansion of Ennore terminal

16 November 2023

IndianOil LNG, a joint venture of Indian Oil Corporation, is set to invest $408mn in the expansion of the Ennore LNG terminal in Tamil Nadu.

Oil demand focus to pivot from Beijing to New Delhi

16 November 2023

For decades China has been the primary driver of global oil demand growth but that era of exceptional growth may now be in the past

Inpex raises full-year profit forecast, citing higher oil prices and a weaker yen

16 November 2023

Japan’s leading oil and gas producer Inpex announced this week that it had raised its forecast for full-year net come to JPY340bn ($2.3bn), after factoring in higher than previously expected oil prices and a weaker yen.

Pertamina strikes CCS deals with US majors

16 November 2023

Indonesia’s state-owned oil and gas producer Pertamina is pressing on in its talks with US majors ExxonMobil and Chevron on investments in carbon capture and storage facilities.

PetroChina and Repsol to pivot from Canadian to Venezuelan crude amid US sanctions relief

16 November 2023

In the wake of a temporary relaxation of oil sanctions on Caracas, two prominent purchasers of Canadian heavy crude exports from the US Gulf coast are positioned to escalate their intake of Venezuelan crude, potentially displacing Canadian crude.

Vietnam's PV Gas climbs to 3rd in stock exchange capitalisation

16 November 2023

PetroVietnam Gas Joint Stock Corporation has witnessed a steady recovery, culminating in its shares closing at approximately $3.3 per share on November 15

Gas Malaysia plans two more biomethane projects for 1H24

15 November 2023

Gas Malaysia is taking steps to commission two more biomethane projects as part of a plan to expand the company’s – and the country’s – use of natural gas produced from biological sources.

LNG moves across Southeast Asia forecast to peak by 2040

15 November 2023

A study by the Asia Research & Engagement group has predicted that Southeast Asia’s LNG investments are expected to reach their peak by 2040

India's ONGC says new projects to reverse declining oil outputs from matured fields

15 November 2023

State-run Oil and Natural Gas Corp in India reported a decline in oil and gas output during July-September, attributed to lower volumes from matured fields and weather-related disruptions

IEA raises oil demand forecast despite global economic slowdown

15 November 2023

The International Energy Agency has revised its oil demand growth forecasts for 2023 and 2024, challenging expectations of a global economic slowdown

Petronas and PetroVietnam explore energy collaboration opportunities

15 November 2023

Malaysian energy giant Petronas and its Vietnamese counterpart PetroVietnam are set to explore collaboration opportunities in various sectors of the energy industry in Vietnam

Pertamina partners with Sinopec to accelerate energy transition and global business opportunities

14 November 2023

PT Pertamina has entered into a business collaboration with the Chinese energy company Sinopec to expedite its commitment to energy transition and enhance global business development

Gas Malaysia subsidiary to procure biomethane from Johor Plantations for green gas initiative

14 November 2023

Gas Malaysia Virtual Pipeline Sdn Bhd, a wholly-owned subsidiary of Gas Malaysia, has entered into an agreement to procure biomethane from Johor Plantations Berhad, with an annual contract quantity of 250,000 MMBtu

Edited by

Andrew Kemp

Editor

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