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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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Indonesia plans new supervisory body to regulate 3-kg LPG distribution
The government is preparing to establish a supervisory body dedicated to overseeing the distribution of subsidised 3-kilogramme liquefied petroleum gas (LPG), similar to the current fuel monitoring system
Pakistan seeks new deal for Qatar LNG as price hike hits industries
Pakistan has faced an economic crisis for years in which energy costs have played a leading role. A recent increase in the cost of gas for industries has created fears that exports will suffer and lead to more economic trouble.
Chiang Rai bans fuel sales in containers to curb cross-border scams
Authorities in Chiang Rai province on February 8 banned the sale of fuel in containers to prevent call centers scammers from accessing fuel to generate electricity, officials said.
Indonesia moves to curb $1.6bn in LPG subsidy leakages
The Indonesian government is tightening oversight of its subsidised 3-kilogramme liquefied petroleum gas (LPG) distribution to prevent annual subsidy losses of up to IDR26 trillion ($1.6bn)
US sanctions impact Iranian tankers hauling oil to China
The US Treasury Department last week issued new sanctions against Iran that will impact exports of Iranian crude oil to China.
Indian Gas Exchange trade volumes up in January
Indian Gas Exchange traded 182mn cubic metres of gas volume in January, up 26% month on month and 398% year on year.
RoClean Indonesia expands oil spill response equipment production
RoClean Indonesia, a joint venture between Denmark’s DESMI RoClean A/S and Indonesia’s PT Meredian Khatulistiwa, has entered the country’s oil spill response equipment market, marking a significant expansion of domestic production capabilities
Mexico's Pemex eyes Asia oil crude sales to dodge Trump tariffs, Mexico exports could be hit
Mexico's state oil company Pemex could avoid new – but delayed – US tariffs by redirecting crude exports to Asia, as US President Donald Trump's 25% levy on Mexican imports threatens its primary export market.
Petrobras eyes fuel prices, China shift boosts Brazil oil
Brazil’s Petrobras is monitoring geopolitical developments to adjust fuel prices as needed, sales director, Claudio Schlosser, told Valor. “At any time, if necessary, we increase or reduce prices, within the commercial strategy,” he said.
Ecuador offers to supply oil to buyers of Venezuelan exports
Ecuador's President Daniel Noboa has offered to supply up to 250,000 barrels per day of oil to nations currently purchasing Venezuelan crude, aiming to curtail funding to Nicolás Maduro's regime.
OPEC+ continues with production plan despite Trump’s demands
OPEC+ has decided to continue with its current oil production plans after a review meeting on February 2 despite calls from US President Donald Trump to lower crude prices.
Australia inaugurates first large-scale CCS project
“We have made history out at Moomba. It’s a first for Santos, a first for South Australia and a first for Australia in terms of large-scale, onshore CCS,” Santos CEO Kevin Gallagher said.
US LNG exports stay near record high in January
US exports of LNG were near a record high in January, with the world’s largest exporter of the super-chilled fuel shipping 8.46mn tonnes.
Chinese firm picks Denmark's Topsoe for SAF plant
Guangdong-based Chuangui New Energy recently awarded Denmark’s Topsoe a contract to provide technology and services for a new sustainable aviation fuel and renewable diesel plant in Qinzhou city.
Sunda starts environmental study ahead of drilling Chuditch well off Timor-Leste
Southeast Asia-focused Sunda Energy has started an environmental baseline survey in preparation for drilling the Chuditch-2 appraisal well offshore Timor-Leste.
Philippine energy giants unite landmark LNG deal
In a move that could help reshape the Philippines' energy landscape, three of the country's largest power companies have joined forces to develop what experts are calling a game-changing LNG facility.
India’s LNG demand to surpass 37 mtpa by 2030: Wood Mackenzie
Indian liquefied natural gas (LNG) demand is projected to exceed 37mn tonnes per annum (mtpa) by 2030 and 88 mtpa by 2050, according to a Wood Mackenzie report.
Japan may consider Alaska LNG investment for sake of good US relations
Japanese Prime Minister Shigeru Ishiba is expected to meet US President Donald Trump this week in Washington for the purpose of reaffirming political and trade relations. One item on the agenda may be Japanese investment in the Alaska LNG project.
Petronas to shut down 500km Sabah to Sarawak gas pipeline
Malaysia’s state-owned energy giant, Petronas, has revealed plans to decommission the Sabah to Sarawak Gas Pipeline, a 500km long piece of infrastructure linking Kimanis in Sabah to Bintulu in Sarawak.
Saudi fund extends $1.2bn Pakistan oil financing deal
Singaporean oil firm linked to Myanmar military junta comes under attack
Singapore-based oil firm Interra Resources comes under pressure to cease operations in Myanmar,
Japan to benefit from more US LNG production, JERA says
Major LNG importer Japan stands set to benefit from improved energy security if US LNG production increases under Donald Trump’s presidency, Japan’s biggest LNG purchaser JERA says.
SeaBird Exploration and Singapore’s Energy Drilling to merge
Marine seismic company SeaBird Exploration and Singapore-based tender drilling rig specialist Energy Drilling have agreed to merge in a share-for-share transaction, establishing a broader offshore oil and gas services entity
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