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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)
India allocates $646mn for strategic oil reserves
India will provide INR 55.97bn ($646.78mn) to purchase oil for its strategic petroleum reserves
Indian Oil Corp faces potential drop in Russian oil imports due to new US sanctions
Indian Oil Corp (IOC), the largest refiner in the country, may experience a decline in Russian oil imports for the fiscal year ending March 31, following the imposition of new US sanctions on Moscow
Pakistan's oil industry warns of fuel shortage in Lahore as tanker restrictions disrupt supply
The oil industry has warned of an imminent fuel shortage in Lahore due to restrictions on oil tanker movements
Sellers of Iranian oil find new routes in China to bypass US sanctions
Sellers of Iranian crude oil found new destinations for their shipments in China three weeks after a key Chinese port group banned tankers blacklisted by the United States.
South Korean firms join Australian low-carbon project
A consortium of South Korean energy firms led by Korea Southern Power Co. has partnered with Australia’s Pilot Energy to develop the MidWest Clean Energy low-carbon ammonia project in Western Australia’s Perth Basin.
TGS launches KG Basin Mega 3D reprocessing project in India
TGS, a provider of energy data and intelligence, announced on January 28 the launch of its Krishna-Godavari (KG) Basin Mega 3D reprocessing project in India
Indian Oil Corp gets five bids for green hydrogen plant
Indian Oil Corporation (IOCL) has received five bids for establishing a 10,000-tonne-per-year (tpy) green hydrogen plant at its Panipat refinery
Trump calls on OPEC to ramp up oil supply
"Right now the price is high enough that that war will continue," Trump said at Davos.
Increase in US LNG production will aid India, Petronet head says
India is set to benefit from a rise in US LNG production following Donald Trump’s return to the White House, Petronet’s chief executive officer Akshay Kumar Singh said in an earnings call.
ADNOC Gas signs $450mn supply deal with Japan’s JERA
United Arab Emirates’ state-run ADNOC Gas has signed a three-year LNG supply deal worth $450mn with Japan’s largest power generation firm, JERA.
UK group EnQuest to acquire Vietnam oil assets from Harbour Energy
UK energy group EnQuest has announced its acquisition of Harbour Energy's Vietnam-based oil and gas assets, signalling a move to expand beyond the North Sea amidst challenging tax policies in the UK.
Pakistan's oil and gas output drops amid waning demand
Sri Lanka aims to speed up $3.7bn refinery construction
The Sri Lankan government has announced a partnership with China’s Sinopec to accelerate the development of a long-anticipated oil refinery in the southern port city of Hambantota.
Indian Gas Exchange launches long duration contracts
The Indian Gas Exchange (IGX) has introduced long-duration contracts (LDCs) for 3-6 months, following approval from the Petroleum and Natural Gas Regulatory Board (PNGRB)
Indian agency projects oil consumption to jump in fiscal years 2025, 2026
India’s government agency PPAC has projected a big increase in domestic demand during the 2026 fiscal year. The projection comes as India moves away from discounted crude oil imports from Russia.
US sets February 27 deadline for discharging Russian oil tankers
The United States has clarified to India that tankers carrying Russian oil must offload their cargo by February 27 under newly imposed sanctions aimed at curbing Moscow's oil revenue
Bangladesh signs LNG deal with US-based Argent LNG
The government of Bangladesh has entered into a Heads of Agreement (HOA) with Louisiana-based Argent LNG for the purchase of up to 5mn tonnes of liquefied natural gas (LNG) annually over 20 years
India’s doubts over TAPI Pipeline persist amid security and geopolitical concerns
The TAPI pipeline project, upon completion, will span 1,814 kilometres, beginning at the Galkynysh Gas Field in Turkmenistan, the world’s second-largest natural gas reserve
Gasoline prices dip ahead of Vietnam's Tet Holiday
Gasoline prices in Vietnam dipped ahead of the Lunar New Year Tet holiday, offering some respite to consumers as they prepare for the festive season
Iraqi oil minister secures fuel supply for Rajab Pilgrimage
ExxonMobil to invest $15bn in carbon capture and petrochemical projects in Indonesia
ExxonMobil has committed to investing up to $15bn in two major projects in Indonesia: a carbon capture and storage (CCS) facility and a petrochemical refinery
India’s consumption of refined petroleum fuels to reach new record in FY26
India’s consumption of refined petroleum fuels and products is projected to reach a new record in the financial year 2025-26 (FY26), driven by steady energy demand across various sectors
CNOOC sets ambitious 2025 production target, boosts dividend pledge
China’s offshore oil and gas giant, CNOOC, has raised its 2025 production forecast, aiming for a record output.
EnQuest to acquire Harbour Energy's Vietnam assets for $84mn
British energy group EnQuest said on Wednesday it would acquire Harbour Energy's business in Vietnam for $84mn, including debt, as the North Sea-focused company seeks to expand outside its home market amid higher UK taxes
India open to buying more oil and gas from US, minister says
India would welcome additional oil and gas supplies entering the market, particularly from the United States under President Donald Trump, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stated
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