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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)
Japan’s Inpex expands Malaysian upstream holdings with new offshore blocks
Japan’s Inpex Corp. has strengthened its presence in Malaysia’s upstream sector by securing two offshore exploration production sharing contracts (PSCs), extending its reach into deep and ultra-deep waters off Sabah
Petronas plans to streamline workforce to tackle global challenges
Petroliam Nasional Bhd (Petronas) is preparing to streamline its workforce to adapt to an increasingly complex global energy landscape, CEO Tan Sri Tengku Muhammad Taufik announced
Cambodia to adopt EURO 5 fuel standards within 6 months
Cambodia will transition to EURO 5 gasoline standards within six months, replacing the current EURO 4 standard, the Ministry of Environment (MoE) announced. The government also plans to implement the EURO 5 diesel standard by 2025.
India looking for oil storage facility in Oman
India is in initial talks with Oman to lease a facility to hold about 5mn barrels of crude oil, L.R. Jain, chief executive of Indian Strategic Petroleum Reserves Ltd (ISPRL) said
Average effective US tariff hike may impact India's GDP growth by up to 0.1-0.3 percentage points
The increase in average effective tariff rate imposed by the US on Indian exports may hit India's gross domestic product (GDP) growth by 0.1-0.3 percentage points
Chinese refiners boost Brazil, West Africa oil imports amid sanctions squeeze
Chinese refiners are increasing purchases of Brazilian and West African crude oil as they navigate US sanctions on Russia and Iran and respond to Beijing's new tariffs on US oil imports.
Saudi Aramco to acquire 25% stake in Philippine oil company Unioil
The Saudi Arabian Oil Company, Aramco, has finalised agreements to purchase a 25% stake in Unioil Petroleum, a leading oil company in the Philippines.
International oil companies sign up for two Malaysian PSCs
Malaysia's state energy firm Petronas has signed two production sharing contracts (PSCs) under the Malaysia Bid Round 2024.
Tamboran reports strong progress at Beetaloo projects
Australia’s Tamboran Resources made significant advancements in its Beetaloo basin projects during the quarter ending December 31.
Pakistani chemical giant attracts fresh takeover bid
A joint bid has emerged for one of Pakistan's largest petrochemical manufacturers, marking the third such attempt to acquire the company in recent years.
Woodside negotiating with potential partners for equity stake in Louisiana LNG
Australia’s Woodside Energy is in the midst of talks with a handful of potential purchasers of equity stakes in its Louisiana LNG project.
Straits Bio-LNG making headlines in Singapore’s bunkering sector
Singapore-based bio-LNG supplier Straits Bio-LNG, has announced plans to deliver 250,000 tonnes of bio-LNG per year in Singapore.
China to sink ultra-deep onshore wells in search of energy security
China has embarked on a new ultra-deep drilling initiative in the Taklimakan Desert. In doing so, it is hoped that extensive infrastructure can be put in place to help tap into and retrieve oil and gas reserves located roughly 8,000 metres down.
Crown LNG signs memo on Indian gas sales
Crown LNG Holdings, a UK-based LNG project developer, has signed a memorandum of understanding with India Gas Exchange (IGX) to collaborate on LNG sales from its planned import terminal in Kakinada, India.
India could reduce Russian oil purchases if US emerges as key supplier
US President Donald Trump’s recent offer to supply more oil and gas to India could significantly reduce New Delhi’s purchases of discounted Russian oil
Indian LNG imports up 7.6% in January
India’s liquefied natural gas imports rose to 3.05bn cubic metres (bcm) in January, marking a 7.6% increase year-on-year (y/y), according to provisional data from the Ministry of Petroleum and Natural Gas’ Petroleum Planning and Analysis Cell
Pakistan to auction 71 oil and gas exploration blocks
The Pakistani government has announced the auction of 71 oil and gas exploration blocks—40 offshore and 31 onshore
Shell caught in legal battle over Sarawak gas supply dispute
Shell Malaysia, a fixture in Sarawak for 115 years, is entangled in a dispute between Petronas and state-owned Petroleum Sarawak Bhd (Petros) over control of gas distribution in the state
Petronas opens bidding for offshore exploration blocks following expansion plans
Malaysia’s state-owned energy firm, Petronas, has launched a tender for five offshore exploration blocks in the Malay, Penyu and Sandakan Basins, citing their "diverse geological plays with significant resource potential"
Indonesia eyes 50% palm oil blend for biodiesel by 2026
Indonesia is exploring the introduction of a biodiesel blend containing 50% palm oil (B50) by 2026, alongside plans for a 3% palm-based jet fuel blend next year
INPEX plans 2027 FID for Indonesia's Abadi LNG project, expansion of Ichthys
Japan’s INPEX announced last week that it is preparing to take a final investment decision on the Abadi LNG project offshore Indonesia by 2027. The company is also planning to expand its Ichthys LNG project offshore Australia.
Brunei opens offshore licencing round to revitalise oil and gas exploration
Brunei Darussalam is offering two offshore blocks for competitive bidding in 2025
Pakistan cuts petrol prices
Trump gives green light to restart LNG export permit approvals
The US LNG exports sector received long-awaited good news with the approval on February 14 of the first LNG export permit granted by President Donald Trump since his return to the White House.
Istanbul-listed Petkim’s port unit obtains $140mn three-year loan from JPMorgan at SOFR+4.35%
Port operator Petlim, a unit of Turkish petrochemical producer Petkim (PETKM), has obtained a $140mn three-year loan from JPMorgan.
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