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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)
China re-exports record volume of LNG in April
China re-exported more than 280,000 tonnes of LNG in April, marking the highest monthly total on record.
Chinese refineries handle record crude in March
It remains to be seen whether this reflects a genuine recovery in domestic demand.
Kuching High Court rejects Petronas' bid to delay $1.8m guarantee dispute with Petros
The Kuching High Court on April 28 dismissed Petroliam Nasional Bhd’s (Petronas) application to postpone the hearing of a lawsuit brought by Sarawak Petroleum Bhd (Petros) over a MYR7.95mn ($1.8mn) bank guarantee related to gas supply
AIM-quoted Mongolian oil company Petro Matad signs crude sales agreement with PetroChina Daqing Tamsag
AIM-quoted Mongolian oil company Petro Matad on April 28 announced the signing of an oil sales agreement for Block XX crude oil.
Australia’s Santos wins final approval for Barossa field from federal government
Development of the offshore Barossa gas field has won final approval from the Australian federal government, putting the AUD5.6bn project on track to start production by the end of this year.
Chinese oil output tops previous records to reach 4.6mn bpd
In January, China’s National Energy Administration announced its aim to maintain stable oil production levels exceeding 200mn tonnes in 2025. Two months later, official data showed that oil production had already reached a record high of 4.6mn bpd.
GAIL and Concor partner to promote LNG as alternative fuel for logistics sector in India
GAIL (India) Ltd. and Container Corporation of India Ltd. (CONCOR) have penned a Memorandum of Understanding (MoU) to boost the use of liquefied natural gas (LNG) as an alternative fuel for the logistics sector, GAIL said in a press release.
Ex-Petronas manager charged in alleged espionage amid tensions with Sarawak's Petros
A former Petronas executive is facing attempted corporate espionage charges, accused of trying to leak confidential company documents during sensitive negotiations with Sarawak’s state-owned energy firm, Petros, over gas aggregation rights
India’s OPEC oil imports hit record low in FY25 as Russian crude gains ground
India’s crude oil imports from OPEC dropped to an all-time low in fiscal year 2024–25 as the country’s refiners continued to favour cheaper Russian crude
BPCL and GPS Renewables set up joint venture to develop compressed biogas plants in India
Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have entered into a joint venture to develop compressed biogas (CBG) plants across India, BPCL announced in a press release.
Petronas Carigali launches tender to support offshore drilling in Indonesia
Petronas Carigali, the upstream arm of Malaysia’s national energy company, has issued a key tender for mud logging equipment and services to support its upcoming drilling campaigns in Indonesian waters
Petronas makes first LNG delivery to Vietnam, strengthens ties with PetroVietnam
Petronas, through its subsidiary Petronas LNG Ltd (PLL), has completed its first liquefied natural gas (LNG) delivery to PetroVietnam Gas (PV Gas), a subsidiary of Vietnam’s state-owned PetroVietnam (PVN)
Petronas signs 11 MOUs to boost Malaysia’s OGSE sector and workforce modernisation
Petronas, through Malaysia Petroleum Management (MPM), has signed 11 memoranda of understanding (MOUs) aimed at advancing Malaysia’s oil and gas services and equipment (OGSE) industry
Qatar to extend MoU with Bangladesh over LNG supply
Qatar has reaffirmed its commitment to Bangladesh's energy needs by agreeing to renew a recently expired Memorandum of Understanding (MoU) on LNG supply and begin work on the technical framework for a proposed land-based LNG terminal
Malaysia’s Kedah flags encroachment on Petronas gas pipeline route
The Kedah state government has raised concerns over a prolonged encroachment along Petronas’ gas pipeline corridor in Pendang, where villagers are alleged to have been extracting red earth from land directly above the buried pipeline
Asian countries see LNG purchases from US as means to address Trump’s tariffs
America’s trading partners in Asia are seeking to find a means to avoid US tariffs. For some, agreeing to purchase more LNG from the US or join the Alaska LNG project is the way to do it.
Petronas develops AI tools to drive down costs, improve operational efficiency
Malaysia’s state energy firm Petronas is building in-house artificial intelligence capabilities to drive further improvements in its upstream operations.
Crude prices climb by 5% amid Trump tariffs & OPEC+ output cuts
Crude oil prices have increased by 5%, pushed by US sanctions on Iran that were aimed at damaging ‘teapot’ refineries in China, and additional output cuts from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).
Pakistan’s refineries under strain as jet fuel shortage threatens defence ops
The refining industry, which has long suffered from underinvestment, obsolete technology and limited economies of scale, is now facing fresh headwinds in the form of declining crude supplies, regulatory imbalances and market distortions.
Vietnam LNG strategy speeds up as Ca Na Power Plant is given approval
Vietnam has taken a major step forward in its gas-powered infrastructure expansion with the formal approval of the Ca Na LNG thermal power plant project.
Singapore’s 14 proposals to expand LNG as a marine fuel supply
Singapore’s ambitions to become a leading global hub for cleaner marine fuels have taken a major step forward, as the country’s port authority confirms it has received 14 proposals aimed at scaling up the supply of LNG as a marine fuel.
Indonesia awards five oil and gas blocks in drive to bolster energy security
The newly allocated blocks are situated in both onshore and offshore areas that, while rich in resources, remain largely under-explored.
Indonesia’s gas distributor PGN and Bukit Asam launch coal-to-gas project to boost energy security
Indonesia’s state-owned gas distributor PT Perusahaan Gas Negara (PGN) has joined forces with mining firm PT Bukit Asam (PTBA) to develop a Synthetic Natural Gas (SNG) facility using low-rank coal
Indonesia launches $130mn gas facility to boost energy security and regional growth
Indonesia inaugurated a $130mn gas processing project in Jambi Province on April 16, signalling a major step toward enhancing domestic energy supply and regional economic development,
China’s CNOOC bypasses US and signs LNG deal with ADNOC amid escalating tariff war
State-run China National Offshore Oil Corporation has come to agreement with Abu Dhabi National Oil Corp to purchase LNG from the Gulf company.
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