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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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Australia’s Woodside, ExxonMobil agree FID on Turrum 3 Project in Bass Strait
Woodside and ExxonMobil have decided to develop phase three of the Turrum gas project.
Indian LNG imports from the US hit a record high of 7.25 bcm in 2024
India’s imports of LNG from the United States surged to an unprecedented 7.25bn cubic metres ( 256.05bn cubic feet) in 2024.
Taiwan to import Alaska LNG project gas, pressure on Korea to follow suit
Taiwan has agreed to collaborate with the Alaska Gasline Development Corporation on a $44bn pipeline project in a move now expected to bolster its leverage in tariff negotiations with the United States.
Pakistan and Italy plan to expand cooperation in energy sector
Pakistan and Italy are looking to expand cooperation in the energy sector, especially in oil and gas
Russia reaffirms commitment to fund Tuban refinery project in Indonesia
Indonesia’s Ministry of Energy and Mineral Resources has confirmed that Russia remains committed to financing the Tuban Refinery’s Grass Root Refinery (GRR) project, despite ongoing funding uncertainties
OPEC+ announces new cuts to balance out higher output
OPEC+ has unveiled a fresh strategy to enforce additional production cuts, aimed at counterbalancing an uptick in output among its member nations.
EU sanctions to hit Russian LNG exports to China
The EU’s upcoming ban on the transshipment of Russian LNG at EU ports is expected to disrupt winter deliveries from Russia’s Yamal LNG terminal to China and other Asian markets.
Russia becomes China's top gas supplier in January-February
Russia became China’s top pipeline gas supplier in terms of revenue in the first two months of 2025, with exports rising 32.2% year on year to $1.75bn.
Russia, Mongolia hold more talks on gas pipeline to China
Plans for the Power of Siberia 2 gas pipeline linking Russia to China via Mongolia were discussed during a meeting between Russian Energy Minister Sergei Tsivilev and Mongolia’s Ambassador-at-Large Zandaahuu Enkhbold.
India aims to increase CBM production to 5 mmscmd by 2027-28
India aims to increase coalbed methane (CBM) production to 5mn metric standard cubic meters per day (mmscmd) by 2027-28
OGDCL discovers gas and condensate in Pakistan's Punjab
Pakistani oil and gas explorer OGDCL has discovered gas and condensate at Soghri North-1 well in Soghri block in Attock district of Punjab, the company said in a press release.
GSPL commissions gas pipeline linking HPCL’s Chhara LNG terminal to Indian grid
Gujarat State Petronet Limited (GSPL) on March 20 commissioned a natural gas pipeline connecting HPCL’s greenfield 5mn tonnes per annum (mtpa) LNG regasification terminal at Chhara in the Gir-Somnath district in Gujarat with the gas grid
Indonesian natural gas company PGN expands natural gas infrastructure to boost Central Java’s industrial growth
State-owned gas distributor PT Perusahaan Gas Negara (PGN) is advancing plans to supply natural gas and develop infrastructure for the Jatengland Industrial Area in Central Java
US sanctions China terminal for Iranian oil trade
The United States has imposed new sanctions on a Chinese petroleum terminal and 19 other entities for trading in Iranian oil as part of the Trump administration's "maximum pressure campaign" on Iran.
MACC investigates Sapura Energy over alleged misconduct
Malaysian Anti-Corruption Commission (MACC) officers visited Sapura Energy Bhd’s (SEB) headquarters at Menara PNB, Jalan Tun Razak, as part of two ongoing investigations into the company, the oil and gas services firm confirmed
Dhaka plans to secure $350mn loan to finance LNG purchases
Bangladesh is looking to secure a $350mn loan with the support from World Bank to finance the purchase of LNG in FY2025-26, which has been hampered due to dollar shortage in the country
India to boost strategic petroleum reserve facility
The Indian government, through a special purpose vehicle called Indian Strategic Petroleum Reserve Limited (ISPRL), is enhancing its strategic petroleum reserve (SPR) facilities, State Minister for Petroleum Suresh Gopi informed Parliament.
Taiwan awards $810m LNG terminal expansion deal
Taiwan’s state-owned energy giant, CPC Corporation, has awarded an $810mn engineering, procurement, and construction contract for the expansion of its Kaohsiung LNG terminal in the south of the country.
Cairn Oil & Gas, 2H partner to develop offshore hydrocarbon project on India’s west coast
Indian private oil and gas company Cairn Oil & Gas, part of Vedanta Group, has signed a memorandum of understanding and master service agreement with 2H Offshore to develop an offshore hydrocarbon project off India’s west coast.
New legislation amending India’s 1948 oil law meant to boost exploration
India’s parliament has passed legislation designed to speed up the licensing process, ensure investor confidence and provide overall encouragement for new exploration and production projects.
China has not imported LNG from US for 40 days
China has not imported LNG from the US for 40 days, marking the longest halt in nearly two years, amid escalating trade tensions between the two countries.
Jadestone files development plans for offshore Vietnam fields
Singapore-based Jadestone Energy has filed a field development plan for its Nam Du and U Minh gas discoveries offshore southwest Vietnam.
CNOOC brings on stream two new oil projects offshore China
Chinese offshore oil and gas producer CNOOC has commenced production at two offshore oil and gas developments in Chinese waters.
Japan Airlines, Airbus join sustainable aviation fuel joint venture
Japan Airlines and European aircraft manufacturer Airbus have joined a Japanese joint venture aiming to produce bioethanol from domestically sourced woody biomass for use as sustainable aviation fuel.
Japan’s Inpex announces plans for a third train at the Ichthys LNG project
Japanese energy giant Inpex has announced plans to expand its Ichthys LNG project in Australia with the addition of a third liquefaction train.
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