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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)
Oman, Pakistan discuss petchem trade
Oman’s Consul General Sami Abdullah Salim Al Khanjari has offered an invitation to Pakistan’s business community to search for potential investment opportunities with Oman – with a particular focus on the country’s petrochemical sector.
Indian Gas Exchange reports 27% jump in February trading volume
During the month Indian Gas Exchange traded 196 mmscm gas volume, higher by 27% year-on-year, IGX said in a press release.
MedcoEnergi strikes hydrocarbons in South Sumatra’s Rimau block
PT Medco Energi Internasional (MedcoEnergi), through its subsidiary PT Medco E&P Rimau, has announced a hydrocarbon discovery in the West Kalabau-1 exploration well, located in the Rimau Block, South Sumatra
Vitol secures 10-year LNG supply deal with the Philippines
Vitol, a leading global energy trader, has signed a decade-long agreement to supply liquefied natural gas (LNG) to the Philippines, commencing in 2025.
Iranian oil sales rebound 50% after January slump, but storage piles up
Iran’s oil exports surged by 50% last month, bouncing back after a nosedive in January, a maritime monitoring service that tracks shipments and oil storage said.
CNOOC prepares to launch new Chinese refinery in June
CNOOC is set to bring an expanded joint venture refinery into operation around June, marking a further step in its refining and petrochemicals expansion.
Pakistan faces gas shortages, load-shedding during Ramadan
Gas shortages in Pakistan are expected to lead to rounds of load-shedding, potentially disrupting Ramadan celebrations. The prime minister has directed gas companies to ensure an uninterrupted supply.
Valeura wraps up drilling campaign off Thailand
Valeura Energy has completed an infill drilling campaign at the Manora field in the Gulf of Thailand, increasing oil production and identifying potential future development targets.
ConocoPhillips cleared to drill off Victoria
ConocoPhillips has secured regulatory approval to drill up to six exploratory gas wells in the Otway Basin, off the south-west coast of Victoria in Australia.
Inpex says demand exceeds output for Abadi LNG project
Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.
Indian gas company GAIL floats tender for nine LNG cargoes
Indian state-owned gas company GAIL has floated a tender seeking nine cargoes of liquefied natural gas (LNG) to be delivered over three years
National Dairy Development Board, Sustain Plus to develop biogas projects in India
The National Dairy Development Board (NDDB) and Bangalore-based NGO, Sustain Plus, will collaborate to develop biogas plants in India, Sustain Plus said in a press release dated March 4.
Sinopec’s moves in Sri Lanka offer energy security, but raise questions
Sinopec is to invest $3.7bn in an oil refinery in southern Sri Lanka, raising concerns among some observers who fear that China’s Belt and Road Initiative (BRI) could ultimately lead to the facility one day being outright Chinese-owned.
China’s oil imports rebound on the back of tanker reshuffle
After falling to a two-year low last month, China’s imports of Russian and Iranian oil are set for a resurgence in March as a major reshuffling of tanker fleets is set to permit non-sanctioned vessels to resume shipments of discounted crude.
Petronas expands gas supply to Sabah Energy to support industrial growth
Petronas, through Malaysia Petroleum Management (MPM), has agreed to increase its natural gas supply to Sabah Energy Corporation (SEC), further strengthening the state’s industrial and energy needs
Shell gas stations in Indonesia face fuel shortage due to Pertamina scandal
Several Shell gas stations in Indonesia have been grappling with fuel shortages in recent days, drawing attention to concerns over the stability of fuel supply
Iran finds unsanctioned oil tankers to skirt US sanctions
Iran has lined up oil tankers that have not been sanctioned by the US in order to continue exporting oil to China.
Indian imports of Russian oil fall 15% in February to two-year low
India imported approximately 1.4mn barrels per day of crude oil from Russia in February 2025, marking a 14.9% decline from January’s 1.7mn bpd.
China's teapot refineries struggle under tougher tax regime
China’s independent oil refineries, commonly known as ‘teapots’, are facing mounting pressures from a stricter tax framework that could accelerate shutdowns in what is an already embattled sector.
Inpex says demand exceeds output for Abadi LNG project
Japan’s largest oil and gas developer Inpex says demand among potential buyers exceeds current output for its Indonesian Abadi LNG project.
UAE’s ADNOC signs LNG supply deal with Osaka Gas
ADNOC has announced the signing of a deal to supply up to 0.8mn tpy of LNG to Japanese utility Osaka Gas.
Two more Pertamina executives charged in $11.9bn corruption scandal
Indonesia’s Attorney General’s Office (AGO) has named two additional Pertamina Patra Niaga executives as suspects in a corruption case that has cost the state an estimated $11.9bn.
TotalEnergies praises Cambodia’s investment climate, tax reforms
TotalEnergies has commended Cambodia’s efforts to reform tax policies and enhance transparency and competition, reinforcing the country’s appeal as an investment destination.
Eni and Petronas form joint venture to manage energy assets in Southeast Asia
Italian energy giant Eni and Malaysia’s state-owned firm Petronas have formalised an agreement to establish a joint venture that will oversee upstream operations in Indonesia and Malaysia, the companies announced on February 27
First Shell branded fuel station opens in Sri Lanka
The first Shell branded fuel station has opened in Sri Lanka at B.S. Cooray Filling Station, Ambathale, the US embassy in Sri Lanka said in a press release dated February 26.
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