AsianOil - Asia Oil & Gas

Afghanistan grants Uzbek firm Eriell rights to a gas field

Afghanistan has granted Uzbek oil and gas firm Eriell the right to explore and produce hydrocarbons on its territory, marking a new stage in energy cooperation between the two neighbours.

Russia faces one of worst fuel crises in decades

Twenty-one of the country’s 38 large refineries have been attacked since January.

Taiwan faces scrutiny over Russian naphtha imports

Taiwan’s government has responded to recent reporting in the British media that identified the island as the world’s largest importer of Russian naphtha.

New Zealand government to introduce LNG imports in a bid to bolster energy security

The government’s energy package, announced in late September, includes a formal procurement process for an LNG import terminal, set to be the first such facility in New Zealand’s history.

India emerges as key buyer of Iranian crude despite US pressure

India has re-emerged as a significant buyer of Iranian crude oil, joining China in defying renewed American efforts to curb Tehran’s energy exports, according to Iranian officials.

Private fuel companies continue on cancelling Pertamina purchases over ethanol concerns

Several private fuel companies in Indonesia have cancelled their plans to purchase fuel from state-owned energy giant PT Pertamina (Persero) after discovering ethanol content in its fuel products

Russia to remain India's biggest oil supplier

India’s crude oil imports from Russia fell marginally in September but continued to make up more than one-third of the country’s total oil purchases, despite ongoing pressure from the United States to scale back trade with Moscow

Malaysia’s fuel recalibration: balancing fiscal discipline and public relief

In late September 2025, the Malaysian government unveiled a recalibrated approach to its long-running petrol subsidy, lowering the price of RON95 for citizens to $0.47 per litre.

Pakistan pivots away from LNG

Rising LNG prices have led Pakistan to shift away from LNG.

Russia’s Arctic LNG 2 raises production to record high

Russia’s heavily-sanctioned Arctic LNG 2 facility has increased production to record levels.

LNG Canada expected to start second liquefaction train soon

LNG Canada is preparing to begin start-up of its second liquefaction train, a spokesperson for the Shell-led facility.

Shell doubles down on LNG predicting demand to rise by 60% by 2040

CEO predicts LNG’s role as a transition fuel will grow and comprise 20% of global natural gas sales by 2040.

Indonesia’s energy minister downplays private fuel firms’ cancelled Pertamina orders

Thailand extends Mae Moh coal plant operations despite pollution concerns

Thailand has decided to extend the lifespan of several coal-fired units at the Mae Moh power plant in Lampang, sparking anger among local residents who have endured decades of pollution-related health problems

AIM-quoted Mongolian oil company Petro Matad receives “first oil revenues in its history”

Presenting its 1H25 financials, AIM-quoted Mongolian oil company Petro Matad said on September 29 that it had received “the first oil revenues in its history”.

China moves to limit shadow fleet crude deliveries

China’s oil ports in Shandong province are preparing to tighten the net on the so-called “shadow fleet” of tankers used in sanction-circumventing oil trade.

China sees shale oil numbers top 5mn tonnes

For Beijing, the achievement carries both strategic and political significance. China has long relied heavily on oil imports, and the development of shale resources is being positioned as a possible future hedge against external supply shocks.

China’s unusual Indonesian crude imports hint at Iranian links

China has reported an unexpected spike in crude imports labelled as originating from Indonesia, fuelling speculation that Beijing may be tapping into Iranian supplies rebranded through unconventional channels.

Bangladesh to hold hearing on gas price for fertiliser production

The Bangladesh Energy Regulatory Commission (BERC) will hold a day-long stakeholders’ hearing on October 6 to review gas prices for fertiliser production, in line with its earlier decision

India links Russian oil cuts to access for Iranian, Venezuelan crude

Oil India reports natural gas find in Andaman Basin

Oil India Ltd (OIL) has reported the discovery of natural gas reserves off the Andaman Islands, raising hopes of reversing the declining trend in domestic hydrocarbon production

India resumes imports of Iranian crude after 6-year hiatus

Iran has found a new buyer for its crude, with India importing a shipment worth $111mn, according to official data from the country’s Ministry of Commerce and Industry.

BP forecasts global LNG exports to increase through 2035

Supermajor BP expects LNG demand to climb to 900bn cubic metres by 2035, the British energy company predicted in its Energy Outlook.

Vietnam pushes ahead with LNG development

Vietnam’s leading private conglomerate, Vingroup, has officially commenced construction of the Hai Phong LNG Power Plant, the largest project of its kind in the country, with an investment of VND178 trillion ($6.7bn)

TotalEnergies inks Heads of Agreement LNG deal with Hyundai Chemical

French supermajor TotalEnergies signed a Heads of Agreement with South Korea’s Hyundai Chemical.