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)

Petronas tapped to build Malaysia’s third regasification terminal amid rising gas demand

8 April 2025

Petroliam Nasional Bhd has been tasked by the Malaysian government to develop a third regasification terminal in Lumut, Perak, to bolster energy supply security in Peninsular Malaysia, according to sources familiar with the matter

Thailand's PTTEP delays bidding deadline for Kikeh offshore FPSO replacement in Malaysia

8 April 2025

Thailand’s PTT Exploration and Production has extended the deadline for bid submissions on its planned replacement of a floating production, storage and offloading vessel at the Kikeh oil and gas development offshore Malaysia.

Indian Gas Exchange gas trading surges 367% y/y in March

8 April 2025

Indian Gas Exchange (IGX) traded 131mn metric standard cubic metres (mmscm) of gas in March 2025, marking a 367% year-on-year (y/y) increase, IGX said in a press release issued on April 7

Indonesia faces uphill battle to meet 2025 oil and gas output goals, says think tank

8 April 2025

The Institute for Development of Economics and Finance (Indef), a non-partisan research body specialising in economic and policy analysis, has warned that Indonesia may struggle to meet its ambitious oil and gas production targets for 2025

Russian oil exports to China dip sharply in late March

7 April 2025

Russian seaborne crude exports declined in the final week of March as maintenance at Chinese state-owned refineries and technical work at the Kozmino terminal led to a sharp drop in Far East shipments.

Oil falls 3.75% amid global trade war recession fears

7 April 2025

Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.

Indian HMEL hits 2mn tonnes polymer sales in FY25

7 April 2025

Indian oil refining and petrochemical company HPCL-Mittal Energy Limited (HMEL) recorded polymer sales of 2mn tonnes during the 2024–25 fiscal year

Experts call for strict controls around gas pipelines after Selangor fire

7 April 2025

Following a devastating gas pipeline fire in Selangor, Malaysia, safety experts are urging strict enforcement of regulations surrounding gas pipeline zones, warning that even routine activities such as grass trimming must not proceed

Iranian oil flow to China hits seven-month high despite tightening US sanctions

6 April 2025

Iran’s crude oil exports to China climbed to 1.91mn barrels per day in March, the highest level in seven months even as the United States has tightened the screws in its bid to bring the Islamic Republic’s oil trade to a halt.

Indian EPC company L&T’s expanding footprint in the global energy space

6 April 2025

Mumbai-based engineering company Larsen & Toubro Limited has, over recent years, established itself as a major player in the global energy EPC market.

India's domestic LPG coverage hits 330mn consumers

4 April 2025

As of 1 March 2025, India has 329.4mn active domestic LPG consumers, including 103.3mn beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY), according to a government press release dated April 3.

Mari Energies announces third gas discovery at Spinwam-1 exploration well in Pakistan

4 April 2025

Mari Energies has announced a third gas/condensate discovery in the Hangu Formation at the Spinwam-1 exploration well in the Waziristan Block, located in North Waziristan District, Khyber Pakhtunkhwa, Pakistan, the company said in a press release

Shell finalises sale of Singapore refinery to Chandra Asri-Glencore JV

4 April 2025

Shell (SHEL.L) has officially completed the sale of its Singapore refinery and associated refining assets to a joint venture between Indonesia’s Chandra Asri and Swiss commodities giant Glencore, the company announced

Turkmenistan's economic transformation: a new frontier for global investment

3 April 2025

The upcoming International Forum to Attract Foreign Investments in Turkmenistan's Economy (TEIF 2025), scheduled for April 23-24, 2025, in Kuala Lumpur, Malaysia, is poised to be an all-important event.

Tariffs: Who Imports Venezuelan Oil? - Statista

3 April 2025

On top of being the potential target of reciprocal tariffs by the United States from April 2 on, India has now been threatened with another type of US trade action.

India's energy consumption and renewable capacity surge in FY2023-24

3 April 2025

ndia’s National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation, has released its annual publication, Energy Statistics India 2025.

Brunei partners with Singapore’s Rotary Engineering to boost oil & gas services

3 April 2025

The Brunei government has joined forces with Singapore’s Rotary Engineering to launch Brunei Rotary Engineering (BRE), a joint venture designed to support the country’s oil and gas industry while exploring potential expansion across the Borneo region

Shell wraps up sale of chemicals park in Singapore

2 April 2025

Indonesia’s Chandra Asri Group and commodities giant Glencore have finalised the acquisition of Shell’s Energy and Chemicals Park in Singapore.

China extends shale gas subsidy programme

2 April 2025

China will extend its subsidy programme for unconventional natural gas production out to 2029, as part of efforts to boost domestic output and reduce reliance on imports.

Petronas raises $5bn in multi-tranche bond sale

2 April 2025

Malaysia’s state energy firm Petronas has raised $5bn through a multi-tranche senior bond issuance, marking the largest oil and gas-related debt sale in Asia since 2020 and its biggest international bond market transaction since 2021.

CNOOC makes major oil and gas find in South China Sea

2 April 2025

China’s monopoly offshore oil operator CNOOC announced a major discovery in the Huizhou 19-6 oilfield in the eastern South China Sea on March 31, raising the field’s proven in-place volumes to over 100mn tonnes (733mn barrels) of oil equivalent.

PetroChina sees 2% uptick in profit in 2024

2 April 2025

The company's bottom line was supported by higher oil and gas production.

UK's EnQuest reports falling production, revenue for 2024

2 April 2025

UK oil and gas operator EnQuest reported falling production and revenue for 2024 in a financial update last week, while outlining a strategic push for growth in the UK North Sea and Southeast Asia in the year ahead.

Edited by

Andrew Kemp

Editor

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