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.

AsianOil is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Read a recent issue cover to cover (click the image below)

Japan succeeds in low-carbon biomass replacing LNG aboard ship

29 June 2023

In Japan, seven domestic firms, including globally renowned shipping heavyweight Mitsui OSK Lines (MOL), have recently wrapped a trial of low-carbon liquid form bio-methane on an LNG-powered vessel.

GAIL India adds 175-km Gurdaspur-Jammu pipeline to its portfolio

29 June 2023

When complete, the deal will take the total length of GAIL’s operational pipelines across the country to 15,575 km, subject to the possible addition of other proposed pipelines in the meantime.

TotalEnergies, Petronas, Mitsui team up on Malaysia CCS

29 June 2023

This collaboration aims to evaluate potential CO2 storage sites in the Malay basin, including depleted offshore fields and saline aquifers.

Malaysia’s Anwar argues case for hydrocarbons at Energy Asia forum

29 June 2023

Anwar said oil and gas will be important to ensure affordability and energy supply in Southeast Asia. He argued that meeting net-zero targets “should not come at the expense of economic growth or vice versa.”

Australian-backed 3D seismic search investigates Gulf of Papua

29 June 2023

In conjunction with the Papua New Guinea (PNG) Department of Petroleum, Australian firm Larus Energy has recently been involved in a ground-breaking seismic search of a rarely explored part of Southeast Asia.

Indonesia’s Pertamina, Malaysia’s Petronas to replace Shell in Masela project

28 June 2023

The state energy companies of Indonesia and Malaysia are negotiating to take over Shell’s 35% stake in the offshore Masela project, according to Indonesian Energy Minister Arifin Tasrif.

Tamboran secures initial agreements with BP and Shell for Northern Territory LNG project

26 June 2023

Australian independent gas company Tamboran Resources has revealed that it has reached initial agreements with Shell and BP as offtake partners at its proposed Northern Territory LNG (NTLNT) project Argus Media reported on June 23.

Mitsubishi expects no operational issues at Russia’s Sakhalin-2 LNG after Shell exit

26 June 2023

Japan’s Mitsubishi Corp does not expect to see any operational problems at the Sakhalin-2 LNG project in Russia’s Far East, even with Shell’s exit from the project Mitsubishi’s chief executive said on June 23.

Oil’s roller-coaster increasingly dependent on China – for now

22 June 2023

When some of the most severe lockdowns seen anywhere during the pandemic were finally lifted earlier this year, hope spread around the world that China’s rush to get back to the pre-pandemic ways would send markets and demand for oil soaring.

Chevron Australia decommissions infrastructure at Thevenard Island, restores habitat

22 June 2023

Chevron Australia announced last week that it has completed the decommissioning of oil and gas infrastructure at Thevenard Island and has taken measures to restore the remote island’s habitat.

Pakistan uses Chinese yuan for Russian oil purchase, no ‘special’ discount

21 June 2023

Pakistan is paying for its first delivery of sanctioned Russian crude oil with Chinese currency, Petroleum Minister Musadik Malik said last week after the arrival in Karachi of a tanker carrying 45,000 tonnes of Urals.

ONGC-Indian Oil deal could shake up subcontinent’s petrochemical make-up

21 June 2023

India’s main oil producer has agreed a deal with the nation’s single most influential refining firm to help boost petrochemical output across the subcontinent.

Beijing-Riyadh links boosted by $10bn refinery project in China

21 June 2023

In a bid to strengthen its relationship with China, the government of Saudi Arabia has announced a number of energy deals including a huge $10bn refinery deal.

Asian spot LNG prices hit 3-month high

21 June 2023

Asian spot LNG prices surged to a three-month high on June 16, Reuters reports. The rise in price reverses a multi-week drop as high temperatures in north-east Asia have boosted cooling demand.

Bangladesh to sign LNG supply deal with Oman

21 June 2023

Petrobangla, Bangladesh’s state-owned national gas company will agree to a long-term supply deal of additional LNG stocks with Oman Trading International, an official at Petrobangla told Reuters on June 19.

Rosneft eyes oil supply deals in upcoming tender

19 June 2023

Russia’s largest oil producer Rosneft is near to clinching long-term deals to sell significant quantities of crude internationally, the Wall Street Journal reported on June 15, citing sources.

Kazakhstan, China expand oil and gas ties with raft of new deals

18 June 2023

Kazakhstan has struck a number of deals this month to expand co-operation with China in the oil and gas industry, as Astana seeks closer ties with Beijing while reducing its reliance on Moscow.

Russia continues to court oil buyers in China and India as Sakhalin beckons

16 June 2023

In a move initiated by the local head of the Russian island of Sakhalin, companies in China and India have been invited to consider investing in the region’s infrastructure.

China’s drive back to the Cretaceous in search of oil and gas

16 June 2023

Chinese engineers have started to dig an 11-km deep borehole in the Taklimakan Desert, a part of the disputed Xinjiang Region in north-west China, in search of oil and gas.

Singapore sees surge in ship bunkering demand in May

16 June 2023

Monthly sales of marine fuel in Singapore, the world’s largest ship refuelling hub, spiked at a five-year high in May, official data revealed.

Sri Lanka fuel deal to guarantee stable supply to energy stricken island

16 June 2023

The government in Sri Lanka has agreed a deal with a US firm to guarantee a stable fuel supply to the island as part of a collaboration with Shell and a US fuel distributor.

Edited by

Andrew Kemp

Editor

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