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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)
Dhaka issues new tender for spot LNG cargo imports
State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has issued a new tender and re-issued another to procure two spot LNG cargoes, scheduled for delivery during the windows of February 13-14 and February 6-7 respectively.
OGDCL to develop 10 unconventional gas wells in Pakistan
The Oil and Gas Development Company Limited (OGDCL) has launched an ambitious initiative to develop 10 unconventional wells targeting shale and tight gas in Pakistan
Oil refiners in India stop dealing with US-sanctioned vessels and entities
Indian refiners have ceased dealings with US-sanctioned vessels and entities but anticipate no immediate disruption to Russian crude supplies during the two-month wind-down period
Indonesia’s oil company Pertamina subsidiaries strengthen global reach with refinery product agreement
Two subsidiaries of Pertamina, PT Kilang Pertamina Internasional (KPI) and Pertamina International Marketing & Distribution (PIMD), have formalised a master sales & purchase agreement (MPSA) to enhance the global distribution of environment.
Centre of Energy and Resources Indonesia threatens legal action over oil and gas content violations
The Centre of Energy and Resources Indonesia (CERI), led by executive director Yusri Usman, is considering legal action against stakeholders in the oil and gas sector for alleged non-compliance with regulations mandating the use of local content.
Valeura ramps up drilling off Thailand in growth push
Canadian operator Valeura Energy announced plans on January 8 to increase drilling operations in the Gulf of Thailand, focusing on its Jasmine, Nong Yao, and Wassana oil fields as part of its 2025 strategy.
Abu Dhabi's NMDC bags $1.14bn contract to build gas pipes off Taiwan
Abu Dhabi-based NMDC Group has secured a $1.14bn contract from Taiwan Power Co. (Taipower) to design and install offshore gas pipelines along Taiwan’s western coast.
FPSO operator Yinson secures $1bn in pre-IPO capital
Singapore-based FPSO vessel operator Yinson Production has signed a definitive agreement with a consortium of global investment firms to secure $1bn in pre-IPO growth capital.
BP to boost recovery at top Indian oil and gas field
BP has committed to boosting oil production by 44% and gas output by 89% from India’s largest offshore field under a decade-long contract.
Tamboran achieves drilling milestone at Shenandoah South in Australia's Beetaloo basin
Sydney-listed Tamboran Resources has successfully drilled the Shenandoah South 3H well in its Beetaloo Basin exploration permit.
Vietnam’s PM calls for operational LNG power plants by June
In recent months Vietnam has faced a number of delays in the development of its LNG projects, prompting Prime Minister Pham Minh Chinh to call for accelerated efforts to bring these initiatives into commercial operation.
US sanctions on Russian oil force China and India to seek alternatives
Chinese and Indian refiners are set to increase purchases from the Middle East, Africa and the Americas due to new US sanctions targeting Russian oil producers and tankers
Australia’s ACCC reports future domestic gas supply faces decline, urges more investment
Despite its thriving gas industry and huge gas resources, Australia’s consumer watchdog has reported that the populated east coast could be facing gas shortages later this decade.
Oil up as China, India set to feel effects of US sanctions on Russia
Oil prices have risen for a third straight session as the price of Brent surpassed $81 per barrel on October 13. This is its highest level in over four months.
Malaysia and Japan strengthen energy and regional cooperation
Malaysia and Japan have announced a collaboration on green energy initiatives, focusing on carbon capture and hydrogen technology, as part of Tokyo's efforts to expand its influence in Southeast Asia amidst China's growing economic dominance
AsianOil: India's oil, gas demand to stay robust: stable outlook for downstream firms
Singapore's distillate stockpile decline signals market shifts
Singapore's latest oil inventory report reveals a significant drop in distillate stockpiles, hinting at evolving trends in aviation, shipping and broader fuel markets
Petronas reaches final investment decision for Hidayah field development in East Java
Malaysia’s Petroliam Nasional Bhd has secured a final investment decision (FID) for the development of the Hidayah oil field in Indonesia’s East Java province, according to Indonesia’s upstream oil and gas regulator, SKK Migas
China’s oil demand could fall 70% by 2060, says CNPC forecast
China has been driving the global demand for crude oil for the last 20 years, but studies released last month project that demand for oil will soon peak in China, as electric vehicles and natural gas are substituted for liquid transportation fuel.
Bangladesh to buy rice from India, LNG from US
The Bangladesh government has approved the import of 50,000 tonnes of non-basmati parboiled rice from India and a shipment of liquefied natural gas (LNG) from the United States.
Brunei and Singapore’s Rotary Engineering form joint venture to boost oil and gas infrastructure
Brunei has partnered with Singapore’s Rotary Engineering Pte Ltd to establish a new joint venture aimed at enhancing infrastructure services for the local oil and gas sector
Iran seeking to get back 25mn barrels of oil trapped in Chinese ports
Iran is pressing to reclaim 25mn barrels of crude oil held in Chinese ports for six years due to sanctions imposed by former US president Donald Trump.
Key Chinese port bans tankers carrying sanctioned oil
Shandong Port Group, the largest oil terminal receiving oil from Iran, Russia and Venezuela, has banned the entry of US-sanctioned tankers amid a major decline in Iranian oil exports over the past two months.
India's Adani Petrochemicals forms petchem joint venture with Thai Indorama
Adani Petrochemicals Limited (APCL), a wholly-owned subsidiary of Adani Enterprises, has announced the formation of a new joint venture company, Valor Petrochemicals Limited (VPL), in partnership with Thailand’s Indorama Resources
Saudi Aramco eyes oil refinery in Bangladesh
Saudi Arabia’s state-owned oil giant, Aramco, has expressed interest in establishing an oil refinery in Bangladesh, a move that could significantly reshape the Bay of Bengal's energy dynamics
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