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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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Vedanta Group urges India to ramp up oil and gas production amid Middle East tensions
With global oil prices surging due to escalating tensions in the Middle East, Vedanta Group Chairman Anil Agarwal has urged India to accelerate domestic oil and gas production to ensure long-term energy security.
Russia offers to supply LNG and energy technologies to Mexico
Concerns Trump could use Mexico’s energy dependence on US as leverage have caused the country to weigh gas imports from Russia.
Pertamina Shipping eyes route diversification and local collaboration to secure energy supply amid global tensions
Pertamina International Shipping (PIS), the shipping subsidiary of Indonesian state-owned oil and gas company Pertamina, is actively developing contingency strategies to safeguard national energy logistics amid growing geopolitical tensions along key
Sri Lanka eyes Nigerian oil amid Middle East tensions and supply concerns
Amid heightened geopolitical tensions in the Middle East and growing concerns over global fuel supply disruptions, Sri Lanka is considering importing petroleum products from Nigeria
Taiwan braces for oil price hike as Strait of Hormuz threat looms
Taiwan’s Economics Minister, Kuo Jyh-huei, has warned that a potential blockade of the Strait of Hormuz by Iran would push up global oil prices and raise Taiwan’s fuel costs and consumer price index (CPI).
Russia eyes LNG exports to Thailand
Russia wants to begin exports of LNG to Thailand, with discussions currently underway involving producers based in Sakhalin and the Arctic.
Russia's Gazprom strikes deals with China on Far Eastern gas route
Russia’s Gazprom has reached two agreements with China’s CNPC and PipeChina covering the supply of Russian natural gas to China and the operation of a cross-border pipeline segment
Petronas expands deepwater portfolio with new Suriname Block 66 PSC
Malaysian state-owned energy company Petronas has signed a new production sharing contract (PSC) for Block 66 offshore Suriname, further strengthening its strategic position in the Guyana-Suriname basin
Finder and SLB fast-track Kuda-Tasi and Jahal oilfield development offshore Timor-Leste
Perth-based Finder Energy has signed a development alliance and accelerated front-end engineering and design (AFP) agreement with US-headquartered SLB to expedite the Kuda-Tasi and Jahal (KTJ) offshore oilfields in Timor-Leste
South Korean economy on edge following US bombing of Iranian nuclear sites
South Korea’s recent economic upswing under President Lee Jae Myung is now overshadowed by escalating geopolitical tensions following a decisive military action by the United States.
HPCL plans to set up 24 compressed biogas plants in India over next three years
State-owned energy company Hindustan Petroleum Corporation Ltd (HPCL) is looking to pump in INR20bn ($231mn) over the next two to three years to build 24 compressed biogas (CBG) plants
Japan moves to shield drivers from soaring petrol prices
As one of the world’s most industrialised nations and a member of the G7, Japan remains heavily dependent on energy imports to fuel its economy.
Philippines prepares fuel subsidies amid Middle East tensions
As geopolitical tensions heighten between Iran and Israel, Philippine President Ferdinand Marcos Jr. has announced plans to activate fuel subsidies to protect vulnerable sectors from surging oil costs.
World Bank approves $640mn for Bangladesh to boost gas supply and combat air pollution
The World Bank has approved two new projects worth a total of $640mn to support Bangladesh in improving its gas supply and urban air quality, it said in a press release dated June 18.
South Korea maintains energy stability despite Middle East unrest
South Korea’s energy supply remains unaffected despite escalating tensions between Israel and Iran, according to the Ministry of Trade, Industry and Energy.
Nigeria’s Dangote refinery to export first gasoline cargo to Asia
Nigeria’s Dangote refinery is set to export 90,000 tonnes of gasoline to Asia, marking its first such shipment outside of West Africa.
Contractors await decision on key role for Mubadala Energy's Andaman Sea gas project
Major contractors are closely watching as Mubadala Energy prepares to announce the selected party for a pivotal role in its floating production, storage and offloading (FPSO) vessel that will serve as the core infrastructure for its large-scale gas
Woodside to supply LNG to Malaysia in 15-year deal with Petronas starting 2028
Australia’s Woodside Energy has reached a long-term agreement with a subsidiary of Malaysia’s state-owned energy firm Petronas to supply liquefied natural gas (LNG) to Malaysia beginning in 2028, the companies announced on June 18
Petronas and Eni push forward with Indonesia-Malaysia gas venture, signing expected by year-end
In a joint announcement, Eni stated that the deal would be subject to regulatory approvals from governments, relevant authorities, and project partners.
Gas flowing from Iran to Turkey without interruption, says minister
Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.
Indian Oil to supply LNG for Andaman & Nicobar’s first gas-based power plant
Indian Oil Corporation (IOC) will supply liquefied natural gas (LNG) to Andaman & Nicobar Islands’ first gas-based power plant, which is being developed by NTPC
Carbon capture and storage has reached a ‘turning point’, says DNV
A new report from DNV anticipates that total funding for carbon capture and storage will hit $80bn by the end of this decade
Pakistan considers new oil routes from UAE, Saudi Arabia
Pakistan is considering importing its crude oil from Saudi Arabia and the UAE through pipelines if the Strait of Hormuz is shut down due to the ongoing war between Iran and Israel.
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