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.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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

Global diesel shortage pushes prices over $1,000 per tonne

19 September 2023

Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.

Clock is ticking for Russia to clinch gas supply deal with China

19 September 2023

The clock is ticking for Russia to reach a contract with China for natural gas supply via the planned Power of Siberia 2 pipeline, but while Moscow claims negotiations are progressing, Beijing has been mute on the subject.

Cambodia's oil and gas imports decline even as demand is forecast to increase

19 September 2023

Cambodia has witnessed a decline in its intake of oil and gas products, with figures reaching $2.28bn during the January to August period this year.

Russia clears use of non-reinforced oil tankers in Arctic in bid to ensure exports stay high

18 September 2023

Russia has permitted unreinforced oil tankers to travel through the Northern Sea Route in the Arctic – a route the country has had to rely increasingly on to export its oil, natural gas and other natural resources in the face of Western sanctions.

India launches Global Biofuel Alliance at G20 gathering

14 September 2023

Indian Prime Minister Narendra Modi launched the Global Biofuel Alliance (GBA) in New Delhi on 9 September during the G20 Summit with the support of the US, Brazil, Italy, Singapore, Bangladesh, Argentina, Mauritius and the UAE.

Indian blackouts demonstrate a lack of foresight by New Delhi

14 September 2023

New Delhi is in the process of searching for more LNG in a bid to alleviate socioeconomic turmoil brought about by ongoing blackouts in some areas.

Environmentalists oppose EXIM support of Papua LNG project

14 September 2023

A group of 27 civil society and environmental conservation groups from across the Asia-Pacific, the US and Papua New Guinea have written to the US Export-Import Bank in Washington to “reject” the Category A Papua Liquefied Natural Gas Project.

Bangladesh to purchase two LNG cargoes on the spot market

14 September 2023

Bangladesh’s state-run energy company Rupantarita Prakritik Gas Company Ltd (RPGCL) has revealed it will purchase two cargoes of LNG in September and October.

Saudi Arabia, India speed up development of West Coast Refinery Project

14 September 2023

Crown Prince Mohammed Bin Salman of Saudi Arabia and Indian Prime Minister Narendra Modi agreed on a state visit to establish a joint taskforce to expedite development of the $50bn West Coast Refinery Project, facilitating a further $100bn in funding

Chevron and striking Australian LNG employees to meet at tribunal on September 22

14 September 2023

Chevron and striking workers at the company’s LNG plants in Australia will have their dispute heard by an industrial relations tribunal on September 22.

ADNOC Gas signs LNG supply deal with PetroChina

14 September 2023

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced on September 8 that it has signed an LNG supply agreement with PetroChina International Company.

Russia's lost opportunity in the energy transition

13 September 2023

Russia has lost, potentially irrevocably, its status as Europe’s top gas supplier as a result of its invasion of Ukraine and its subsequent weaponisation of supplies.

India’s ONGC deems New Delhi’s imports of Russian crude a win-win for the world economy

13 September 2023

India’s leading oil firm, Oil and Natural Gas Corporation Ltd (ONGC) has called the nation’s ongoing imports of Russian crude a ‘win-win’ for the world economy.

Russia near to finalising route of Power of Siberia 2 pipeline

12 September 2023

Russia is near to finalising the route of the Power of Siberia 2 pipeline that will run to China through Mongolia, Deputy Prime Minister Alexander Novak wrote in an article on September 6.

Russian oil still India's cheapest option, despite a shrinking discount

11 September 2023

Russian oil will continue to be the cheapest option for India, even with the Urals discount to Brent dropping to $4-5, according to a review by Kpler cited by Kommersant on September 8.

ONGC invests $24bn to meet 2038 net zero target, but oil and gas output to rise

7 September 2023

The Oil and Natural Gas Corporation (ONGC) of India said last week that it will invest $24.2bn in several clean energy projects that will help the state-owned company reach its net-zero emissions target of 2038.

Bangchak completes purchase of Esso Thailand

7 September 2023

Thailand’s petroleum and energy giant Bangchak Corporation has acquired a 65.99% stake in ExxonMobil Asia Holdings. In the process the firm has acquired Esso Thailand and a sizeable portfolio of Esso petrol stations nationwide.

Japan-US deal on carbon-neutral LNG supply chain moves forward

7 September 2023

Houston-based Sempra Infrastructure has agreed a deal with a Japanese consortium to install a carbon-neutral LNG supply chain in the continental USA, with the end product to be shipped back to Japan.

Shell Sarawak delivers first gas from Malaysia’s Timi field

7 September 2023

Sarawak Shell Berhad (SSB) announced last week that it has brought first gas into production at the Timi field offshore Sarawak in Malaysia. SSB, a Shell subsidiary, said it is the oil giant’s first wellhead platform powered by hybrid solar and wind.

Edited by

Andrew Kemp

Editor

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