AsianOil - Asia 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.

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

India working on measures to reduce dependency on crude oil imports, minister says

13 December 2024

The government has implemented a comprehensive strategy to reduce dependency on crude oil imports and transition towards a gas-based economy, according to Indian Minister of State for Petroleum and Natural Gas, Suresh Gopi.

Singapore explores scalable LNG solutions for marine refuelling

13 December 2024

The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals to expand liquefied natural gas (LNG) bunkering capabilities

ENOC completes new pipeline in Singapore

11 December 2024

Emirates National Oil Co. (ENOC) and Horizon Terminals Ltd. (HTL) have completed their Horizon JPUT Pipeline Connectivity Project this week in Singapore – a notable milestone as part of HTL’s expansion goals, according to ENOC.

TotalEnergies expands Malaysian gas operations with strategic acquisition

11 December 2024

French energy leader TotalEnergies has solidified its presence in Malaysia's offshore gas sector by acquiring full ownership of SapuraOMV Upstream.

Brunei’s Sultan calls for unified strategy in key energy sector meetings

11 December 2024

Sultan Haji Hassanal Bolkiah of Brunei has called for collaborative efforts to address upcoming challenges during board meetings of the nation’s leading energy companies.

Russian oil figures to China via Kazakhstan drop slightly in 2024

11 December 2024

Russia’s oil shipments to China via Kazakhstan have remained largely stable throughout 2024, data from Kazakhstan's pipeline operator, KazTransOil, indicate.

Punjab Agricultural University collaborates for paddy straw-based biogas plant

11 December 2024

Punjab Agricultural University (PAU) has partnered with Panj Aab Bio Fuel & Fertilizers Private Limited, Ludhiana, to commercialise a paddy straw-based biogas plant using above-ground mild steel (MS) sheet technology

Singapore’s Eastern Pacific shipping to install wind-assisted propulsion on new MR tanker

10 December 2024

Singapore’s Eastern Pacific Shipping (EPS) has signed an agreement with Spain’s bound4blue to install three 22-metre eSAILS on a new medium-range (MR) tanker under construction at China’s New Times Shipbuilding

Bangladesh secures investment from Chevron, picks LNG suppliers

10 December 2024

The new government in Dhaka is addressing Bangladesh’s energy concerns by settling arrears with Chevron and clearing way for new gas exploration. It has also compiled a new list of potential spot LNG suppliers.

Indian traders dropping Russian oil shipments due to lack of profit

10 December 2024

Large numbers of small-scale trading firms and intermediaries have recently ceased trading Russian crude oil with India due to soaring Russian interest rates and rising trade financing costs

Pakistan, Russia look at working together on oil and gas exploration

10 December 2024

Reports stemming from intergovernmental meetings in Moscow between Russia and Pakistan suggest officials from both countries have held discussions on offshore oil and gas exploration, as well as bilateral cooperation on refining.

India targeting 15% share of natural gas in the energy mix by 2030

10 December 2024

India's energy sector is witnessing a major shift towards cleaner energy sources, with the government targeting a 15% share of natural gas in the energy mix by 2030, the country’s Minister of State for Petroleum and Natural Gas, Suresh Gopi, said.

OPEC+ extends delay to easing restrictions

8 December 2024

OPEC+ has further delayed its plan to ease oil production quotas

Kuwait’s KPC considering storing crude in India

8 December 2024

Kuwait's KPC is considering storing crude in India’s underground strategic petroleum reserves

ADNOC finalises 15-year LNG supply deal with Petronas

7 December 2024

Abu Dhabi National Oil Company has agreed to a 15-year sales and purchase agreement with Malaysia’s Petronas for 1mn tonnes per year of LNG.

Indian Gas Exchange reports 12% decline in November trading volumes

6 December 2024

The Indian Gas Exchange (IGX) reported a traded gas volume of 2.5 mmscm in November, reflecting a 12% year-on-year decline, according to its statement on December 4.

Pakistan delays LNG imports from Qatar to 2026 despite surplus

6 December 2024

Pakistan has postponed a deal to procure liquefied natural gas (LNG) from Qatar by a year, with deliveries now scheduled for 2026 instead of 2025.

Pilot agrees terms to buy Triangle's stake in Cliff Head oilfield off Perm

5 December 2024

ASX-listed oil producers Triangle Energy and Pilot Energy have signed a binding term sheet outlining revised terms for the sale of Triangle's interest in the Cliff Head oil project, located offshore Western Australia.

Australia's Strike Energy enters gas power sector with FID on plant

5 December 2024

Perth-based Strike Energy has taken a final investment decision to proceed with the South Erregulla peaking gas power station in Western Australia, transitioning the project into its execution phase with an estimated development cost of $137mn.

Central Petroleum starts Mereenie drilling in Australia

5 December 2024

Australian oil and gas producer Central Petroleum announced on December 5 that the Ventia 101 rig had been mobilised to the Mereenie field at permit OL4/OL5.

Indonesia launches second 2024 oil and gas block auction with new incentives

5 December 2024

The Indonesian Ministry of Energy and Mineral Resources (ESDM) has initiated the second phase of its 2024 oil and gas block auction, offering six working areas (WK Migas) to investors

OPEC+ to cut crude prices for Asia

4 December 2024

Saudi Arabia is set to cut crude prices for Asian buyers in January to their lowest level in years, with prices likely to decline by 70 to 90 cents per barrel from December, according to Asian refinery sources who took part in a Reuters survey.

China’s ship-building order sheet adds six new LNG dual-fuel PCTCs

4 December 2024

Singapore-based Eastern Pacific Shipping (EPS) has ordered six new pure car and truck carriers (PCTCs) as part of its drive towards sustainability and fleet expansion. The vessels are all to be LNG dual-fuel powered.

South Korea’s hesitation to import US oil, despite Trump’s best efforts

4 December 2024

Oil analysts are suggesting that US President-elect Donald Trump’s new energy policy is now likely to drive down global oil prices, while at the same time stabilising long-term demand.

Edited by

Andrew Kemp

Editor

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