AsianOil - Asia Oil & Gas

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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)

China's 'impossible' gas price risks killing off Power of Siberia-2

16 July 2026

China has effectively priced Russia's flagship Power of Siberia-2 gas pipeline out of existence, demanding a price for gas that analysts say would make the project uneconomic.

Africa's LNG ambitions gather pace amid record global trade, says IGU report

16 July 2026

Africa is steadily carving out a more prominent role in the global LNG industry.

Tetragon Energy partners with Philippines-based DUG Technology for $1.45mn Sulu Sea block

16 July 2026

A Western Australia-based energy explorer has activated its data engineering phase by launching a high-tech exploration programme to unlock major offshore oil and gas prospects in the Philippines

Vietnam’s demand boosts prospects for US ethanol exports

15 July 2026

Vietnam is emerging as an increasingly important destination for US ethanol, driven by stronger biofuel policies and rising fuel consumption.

China slams new US bill targeting buyers of Russian oil and gas

15 July 2026

China has condemned a revised US sanctions bill that would authorise tariffs against leading buyers of Russian oil and natural gas, including China.

China reportedly demands steep discount on Russia's Power of Siberia 2 gas

15 July 2026

Chinese officials delivered the demand to a Gazprom delegation that travelled to Beijing ahead of Russian President Vladimir Putin’s May visit.

Russia approves agreement with India to develop the Northern Sea Route

15 July 2026

Russia has authorised state nuclear corporation Rosatom to sign an agreement with India aimed at expanding cargo shipments along the Northern Sea Route.

Sri Lanka seeks bids from Russian crude from Rosneft and Zarubezhneft

15 July 2026

Sri Lanka’s state-run Ceylon Petroleum Corp. has registered Russia’s Rosneft and Zarubezhneft as crude suppliers, allowing them to bid for contracts serving the country’s sole refinery.

Aberdeen-based oil service provider Unity scores first major Asia-Pacific contract

15 July 2026

The companies will deploy Unity’s proprietary surface intervention system for an unnamed international offshore operator.

Malaysia's Velesto scraps $63mn sale of jack-up rig to Indonesia Drilling after deadline passes

15 July 2026

Malaysia’s Velesto Energy has terminated the planned $63mn sale of its NAGA 3 jack-up rig to Indonesia’s PT Indonesia Drilling Energy after the transaction failed to close by the agreed deadline.

Australia's Tetragon dishes out $1.5mn contract to DUG for reprocessing seismic at two offshore Philippine oil blocks

15 July 2026

Newly-listed Australian oil explorer Tetragon Energy has awarded DUG Technology a $1.45mn contract to reprocess seismic data across two offshore Philippine blocks.

India's ONGC approves 12.8mn-barrel strategic petroleum reserve

15 July 2026

India’s ONGC has approved in principle a 12.8mn barrel strategic petroleum reserve at Mangalore, seeking to strengthen the country’s emergency crude stocks following disruption to supplies through the Strait of Hormuz.

Sunda Energy seeks permit to gas discovery off New Zealand

15 July 2026

London-listed operator Sunda Energy has applied for an exploration permit covering the undeveloped Awakino gas-condensate discovery offshore New Zealand.

Chevron seeks approvals for surveys to support LNG production at Gorgon in Australia

15 July 2026

The surveys will support engineering work for the fields’ future development as part of Gorgon’s wider backfill programme.

Malaysia's Petronas strikes small-scale LNG deal with Japan's Shizuoka Gas

15 July 2026

Malaysia’s Petronas has agreed to supply Japan’s Shizuoka Gas with approximately 0.84mn tonnes of LNG over seven years from fiscal 2032.

Malaysia defends fuel subsidy programme amid fiscal reform criticism

15 July 2026

Malaysia’s Prime Minister has declared a welfare milestone, defending the state's multi-billion-ringgit safety net against intense parliamentary pushback over fiscal restructuring

Singapore, Japan sign bilateral pact to tighten energy anti-monopoly rules

15 July 2026

Responding to fuel import vulnerabilities and the growth of data centres across Asia, energy watchdogs from Singapore and Japan have locked in a regulatory alliance.

Vietnam assures full traceability of E10 petrol to boost consumer confidence

15 July 2026

Vietnam has assured motorists that every batch of E10 petrol can be tracked throughout the supply chain, as officials seek to strengthen public confidence following the nationwide introduction of the biofuel.

Tajikistan teams up with China to launch fresh attempts to find hydrocarbons

14 July 2026

Authorities in Tajikistan are preparing to once more launch attempts to find domestic hydrocarbon supplies, with the country’s fuel reserves down to the equivalent of two months’ supply amid Ukrainian drone attacks on Russian refineries.

Tankers stack up off Fujairah as Hormuz becomes contested chokepoint

14 July 2026

Ship-tracking data shows tankers clustering at anchorages off Fujairah, Khor Fakkan and Sohar rather than transiting the Strait of Hormuz, as a US cargo levy, Iranian tolls and mining claims turn the waterway into a contested chokepoint.

Noble Corporation locks in $136mn Brunei drillship deal

14 July 2026

Signaling a multi-year capital commitment to deepwater oil and gas exploration across Southeast Asia, offshore drilling titan Noble Corporation has finalised a high-value contract for its ultra-deepwater asset

Thailand-Cambodia energy dispute leaves up to $300bn in resources untapped

14 July 2026

The disagreement centres on an overlapping maritime claims area covering about 26,000 sq km of what is today called the Gulf of Thailand. Successive governments have failed to agree where each country's maritime boundary should lie.

Indonesia’s Karimun emerges as Asian hub for Russian oil

14 July 2026

Russian businesspeople have begun staying at the island's leading hotel, where rooms cost about $40 a night the report adds. Their destination is almost always the local oil terminal, which changed ownership in mid-2024.

OPEC’s leverage narrows as war and exits reshape supply

13 July 2026

Sanctions on Iran, war‑time disruptions and the UAE’s departure from OPEC have eroded the cartel’s capacity to shape prices, leaving it increasingly reactive and internally constrained

Pakistan, Saudi Arabia discuss expanding economic, energy cooperation

13 July 2026

Pakistan and Saudi Arabia have reaffirmed their commitment to expanding bilateral economic and energy cooperation following talks between senior ministers from the two countries.

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Edited by

Andrew Kemp

Editor

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