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)

Vietnam’s LNG-to-power push is running into a supply-chain and policy brick wall

21 October 2025

Vietnam’s accelerating pivot towards LNG gas as a transition fuel has long been billed as a pragmatic middle path by Hanoi.

Pertamina and private fuel retailers yet to finalise non-subsidised fuel supply deal

21 October 2025

Pertamina Group and private fuel station operators have yet to reach an agreement on the supply and pricing of non-subsidised fuel, following weeks of negotiations

MariEnergies announces new oil and gas discovery in Pakistan's Sindh

21 October 2025

MariEnergies has announced a new oil and gas discovery from its exploratory drilling at the Shawal-1 well, located within the Mari Development and Production Lease (Mari D&PL) area in Sindh Province, Pakistan

India’s opposition slams Modi over Trump’s Russia oil claim

21 October 2025

Indian National Congress leader Jairam Ramesh in an X post criticised Prime Minister Narendra Modi for staying silent over US President Donald Trump’s repeated claims that India would cut back on oil imports from Russia.

BP named top bidder for South Korea’s offshore gas project

21 October 2025

British energy giant BP has reportedly been chosen by the Korea National Oil Corporation (KNOC) as the preferred bidder to jointly develop South Korea’s deep-sea oil and gas resources in the East Sea.

Myanmar, Russia strengthen energy cooperation

20 October 2025

Union Minister for Energy U Ko Ko Lwin led a Myanmar delegation to the eighth Russian Energy Week International Forum (REW) in Moscow, where they held high-level talks with Russia’s Minister of Energy, Sergey Tsivilyov

China's Sinopec transfers stake in Russian petchems firm Sibur to Hong Kong unit

17 October 2025

Cyprus, once a common jurisdiction for Russian joint ventures, has become less suitable following EU sanctions.

Indian refineries prepare to cut Russian oil imports due to Trump’s tariff threats

17 October 2025

Some of India’s largest oil refiners are preparing to reduce imports of Russian crude, following comments by US President Donald Trump that Prime Minister Narendra Modi had pledged to wind down purchases.

Pertamina and Daqing boost Indonesia’s oil recovery

17 October 2025

Indonesia’s state-owned energy firm Pertamina has entered a strategic partnership with China’s Daqing Oilfield Co., Ltd. to advance the use of Chemical Enhanced Oil Recovery (EOR) technology aimed at boosting national oil production.

Sri Lanka and Sinopec push ahead with $3.7bn Hambantota oil refinery project

17 October 2025

A delegation of China’s Sinopec Company, met with Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, to review progress and address pending issues related to the new oil refinery project in Hambantota

India to expand US energy imports amid tensions over Russian oil

16 October 2025

India is seeking to boost its purchases of crude oil and natural gas from the US as part of a broader effort to diversify energy sources and ease tensions following US President Donald Trump’s criticism of New Delhi’s continued imports of

Turkey’s TPAO subsidiary takes over operatorship of offshore Pakistan block

16 October 2025

A subsidiary of Turkish Petroleum Corporation (TPAO) has taken over as operator of a promising offshore block in the Arabian Sea following a farm-out agreement with licence holder Pakistan Petroleum Limited (PPL)

Gas turbine bottleneck could impede Southeast Asian LNG-to-power plans

15 October 2025

IEEFA’s conclusion is not that gas should be overlooked in Southeast Asia’s power mix, but that the turbine bottleneck adds a material headwind to the timing and economics of LNG-to-power through this decade.

Russian-Vietnamese JV brings new White Tiger oil platform on stream two months ahead of schedule

15 October 2025

Vietnamese-Russian joint venture Vietsovpetro has commenced commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oilfield more than two months ahead of schedule, the partnership reported last week.

Eni to launch joint venture with Petronas in Asia next year

15 October 2025

Italy’s Eni expects to launch its gas joint venture with Malaysia’s Petronas next year, the Italian energy group’s COO for natural resources.

Pakistani-Turkish group to explore block offshore Pakistan

15 October 2025

Subject to regulatory approvals, TPOC will assume operatorship of the block.

Falcon, Tamboran complete largest drilling programme in Australia's Beetaloo basin

15 October 2025

Falcon Oil & Gas said on October 15 that its Australian subsidiary and joint venture partner Tamboran have completed a three-well batch drilling campaign in Australia’s Beetaloo Sub-basin.

India says Mongolia’s first oil refinery expected to start operating in 2028

15 October 2025

Mongolia’s first oil refinery, constructed by a project that led by Indian contractors, is expected to begin operations in 2028, India's foreign ministry said on October 14.

UGDC begins private gas supply to SNGPL in landmark move for Pakistan’s energy sector

14 October 2025

Universal Gas Distribution Company (UGDC), Pakistan’s first private gas marketing firm, has successfully begun injecting gas into the Sui Northern Gas Pipelines Limited (SNGPL) network

India's ONGC expects oil prices to stay above $60 over next three years

14 October 2025

India’s state-run Oil and Natural Gas Corporation (ONGC) expects global oil prices to remain within the $60–$65 per barrel range over the next three years and does not anticipate a fall below $60 in the near term

New gas discoveries could boost future output in Thailand

13 October 2025

Valeura Energy Inc. has reported increased production and sustained growth across its Thailand portfolio in the third quarter, driven by a ten-well drilling programme at the Nong Yao field on Block G11/48

Pakistan moves to overhaul petroleum regulator in bid to revive energy sector

13 October 2025

Pakistan has embarked on a sweeping reform of its Directorate General of Petroleum Concessions, the body overseeing the country’s upstream oil and gas industry, as part of an effort to attract foreign investment.

IMM Investment to acquire $420mn stake in Boryeong LNG Terminal

13 October 2025

South Korean private equity firm IMM Investment Corp. is set to purchase a 49.9% stake in Boryeong LNG Terminal Co. from SK Innovation Co., in a deal that values the company at approximately $420mn.

Vietnam moves to guarantee LNG power offtake in bid to reassure investors

13 October 2025

Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a guaranteed electricity offtake level of at least 75% for LNG-to-power plants, in an effort to bolster investor confidence and accelerate energy diversification.

Edited by

Andrew Kemp

Editor

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