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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)
Indian Oil renews annual crude oil import agreement with Iraq for 2025
Indian Oil Corporation (IOC), India’s largest government-owned oil and gas refining company, has renewed its annual crude oil import agreement with Iraq for 2025, maintaining the agreed volume at 21mn tonnes.
Swiss power producer Axpo ponders Japanese LNG investment
Axpo, a Baden-based power producer and trader, is reportedly exploring potential investments in Japan's electricity and LNG markets as the Northeast Asian country’s evolving power sector drives demand for hedging and spot LNG supply.
India looks ready to overtake China and the US on oil consumption rankings
India is now expected to move past the United States, China, and also the European Union to become the world’s largest oil consumer
Bangladesh to issue international tenders for offshore gas exploration
Bangladesh’s interim government will issue international tenders for offshore gas exploration on December 9 and for onshore reserves, including hilly areas, in March next year.
Woodside’s Pluto LNG plant shut down due to fault in control system
Australia’s Woodside Energy shut down the company’s Pluto LNG facility on November 25 because of a fault in the plant’s control system.
China completes East-Route gas pipeline, enabling distribution of more Russian gas
The National Oil and Gas Pipeline Network Group (PipeChina) has completed the East-Route gas pipeline, which will enable Russian gas delivered through the Power of Siberia-1 pipeline to be shipped as far south as Shanghai.
South Korean firms eye US LNG boom under incoming Trump White House
South Korean energy and shipbuilding giants are ramping up efforts to capitalise on a much awaited surge in the US LNG market.
Shell Indonesia denies reports of nationwide gas station closures
PT Shell Indonesia has dismissed viral rumors claiming that it plans to shut down all its public fuel filling stations (SPBU) in the country.
BP commits $7bn to boost Indonesia’s energy sector with Tangguh UCC project
British Petroleum (BP) has pledged an investment of $7bn to advance Indonesia's Tangguh Ubadari, Carbon Capture Utilisation & Storage (CCUS), and Compression (UCC) projects
Velesto Energy concludes removal of sunken NAGA 7 rig off Sarawak coast
Velesto Energy has announced the successful removal of its NAGA 7 jackup drilling rig, which sank off Sarawak in May 2021.
Gwalior hosts India’s first self-sufficient cowshed with bio-CNG plant
n October 2 this year, Indian Prime Minister Narendra Modi inaugurated a 100-tonnes-per-day (tpd) compressed biogas (CBG) plant in Gwalior, Madhya Pradesh, the government announced on November 22.
Brunei plans to export LNG to Bangladesh
Brunei has proposed exporting 12 to 18 liquefied natural gas (LNG) cargoes annually to Bangladesh under a 10-year contract, with an option to extend the agreement for an additional five years.
Sapura Energy secures five-year offshore services contract with Petronas Carigali
Sapura Energy Bhd has been awarded a contract by Petronas Carigali Sdn Bhd to deliver offshore maintenance, construction, modification, and hook-up and commissioning services under the Pan Malaysia framework
Indian LNG imports in October up 10.5%
Indian LNG imports in October came in at 2.93bn cubic metres (bcm), up 10.5% year-on-year, according to the latest provisional data released by the Petroleum Planning and Analysis Cell (PPAC) of the Petroleum and Natural Gas ministry.
Bumi Armada, MISC consider merger of floating production businesses
Malaysia’s Bumi Armada is exploring a potential merger with the offshore division of MISC Berhad, a leading provider of offshore floating and energy-related maritime services.
Hanwha to take full control of Singapore's Dyna-Mac
South Korean industry group Hanwha announced on November 20 that it intends to exercise its right to purchase all outstanding shares in Singaporean offshore oil and gas vessel specialist Dyna-Mac.
Trio come together to develop Thailand-based bio-LNG project
BBGI Public Company Limited (BBGI) has announced a partnership with Keppel Ltd, through its infrastructure division, and CleanEdge Resources Limited (CleanEdge) to jointly develop a Bio-LNG (liquefied biomethane) project in Thailand.
ENEOS looks at flexible crude purchases with a focus on being 'overwhelmingly' active in the spot market
ENEOS Holdings, Japan’s largest oil refiner, is pursuing a highly flexible approach to crude oil procurement, with a particular emphasis on spot purchases.
Sarawak’s political party unlikely to cut ties with government over oil and gas dispute
Gabungan Parti Sarawak (GPS) is expected to maintain its alliance with Malaysia’s unity government despite ongoing tensions over Sarawak’s oil and gas rights, analysts suggest.
SK Gas and KNOC launch LNG terminal in South Korea
Korea National Oil Company and its joint venture partner SK Gas have launched an LNG and oil terminal in Ulsan.
Swiss trading house Trafigura reportedly on hunt for $500mn in Mongolia following mass fuel fraud scheme
Gas volumes delivered to China via Central Asia pipeline cross 500bn cubic metre milestone
Japanese refiners blitz Asian competitors in first half profitability
While Japanese oil refiners saw net income decline in the first half of the current fiscal year, strong domestic margins help them maintain a level of profitability, overall outperforming South Korean rivals on the back of weak overseas markets.
Organix Energy, O.Creeds to develop waste-to-renewable natural gas projects in Bangladesh
Canadian renewable energy firm Organix Energy and Dhaka-based consultancy O.Creeds have signed a memorandum of understanding (MoU) to develop waste-to-renewable natural gas (RNG) projects in Bangladesh.
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