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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)
Kazakhstan looks to China to diversify oil export routes
Kazakhstan is continuing its push to diversify its oil export routes, with its national oil company KazMunayGas (KMG) entering into talks with China’s CNPC on expanding two oil pipelines linking the two countries.
Oil output at Russia's Sakhalin-1 project restored close to pre-war level, says India's OVL
Crude oil production at the Sakhalin-1 project in the Russian Far East has been restored to its pre-war plateau level of 200,000 barrels per day, one of its shareholders, ONGC Videsh Ltd (OVL), has reported.
India, China among top destinations for dirty Russian oil products
The Asian market remains the main destination for Russian vacuum gasoil (VGO) and fuel oil, as Russian producers have diverted shipments away from Europe since the EU placed an embargo on Russian petroleum products.
APPEA hails Australia's opening up of areas for CCUS exploration
The Australian Petroleum Production & Exploration Association (APPEA) hailed last week the recent opening up of new areas of Australia for the exploration of potential carbon capture, utilisation and storage sites.
South China Sea tensions rise as Chinese vessels remain in Vietnam's EEZ
A Chinese research ship and five escort vessels remained in Vietnam’s exclusive economic zone on May 26 near fields operated by Russian companies in the South China Sea, despite the government in Hanoi urging them to leave on the previous day.
Hibiscus drills Malaysia's longest well
Malaysia’s Hibiscus Petroleum announced this week that it had drilled the country’s longest well at the Bunga Orkid field in the northern part of the PM3 CCA production-sharing contract area.
Vietnam backs gas as the power source of the immediate future
Hanoi has signalled its intent to more than quadruple its existing gas interests by the end of the decade. To do so would guarantee cover for 15% of the nation’s existing energy demand.
Pakistan-Iran gas pipeline issue remains on the table amid looming fine
The testy issue of the long-delayed Pakistan-Iran gas pipeline remains on the table in Pakistan, where the country faces fines amounting to billions of dollars if it does not complete its side of the project and begin taking delivery of Iranian gas.
Russia makes progress on Far Eastern gas supply project to China
Russia appears to be finally headway on finalising plans for a third gas pipeline to China that would run from the Far East, providing a means of monetising unused gas at fields off the east coast of Sakhalin Island.
Kazakhstan’s KMG and Qazaqgaz sign memoranda of cooperation with major Chinese oil firms
Xi presents grand development plan for Central Asia
Some observers conclude, however, that the big event produced lots of rhetoric and little action.
Chinese oil and gas purchases continue to counter dollar influence
Beijing is now reported to be paying for almost all of its oil and gas imports, and a sizeable amount of its coal orders, in its own currency, the Chinese yuan.
India’s ONGC makes ‘remarkable’ discoveries offshore Mumbai
India’s state-run Oil and Natural Gas Corp. (ONGC) has announced the discovery of two oil and gas fields in the Arabian Sea offshore Mumbai, with a company official calling the discoveries “remarkable.”
Production at Shell’s Prelude suspended yet again
Shell has again suspended production at its massive floating LNG vessel Prelude anchored in the Browse Basin off the western coast of Australia. The Prelude, the world’s largest FLNG vessel, came into operation in 2019 with a capacity of 3.6mn tpy.
Papua New Guinea keeps the door ajar for Australian LNG investment
Kumul Petroleum Holdings (KPH) in Papua New Guinea (PNG), the nation’s state-owned oil and gas company, has extended to the end of August the period Santos can sign a deal to claim a 5% share of PNG LNG.
South Korea commissions ground-breaking LNG bunkering vessel
South Korea has commissioned a domestically designed LNG bunkering vessel employing a locally produced containment system, the results of an almost 20-year effort to this end.
Kazakhstan and Russia extend agreement to transport 10mn tonnes of Russian crude to China
Developer provides update on UAE-India pipeline
The plan involves the development of a subsea pipe, running around 1,300 km to connect gas resources in the UAE and Oman to Gujarat in western India. It would be laid at a water depth of around 3,400 metres.
EU takes aim at Indian fuel supplies produced from Russian oil
EU foreign policy chief Josep Borrell has urged the bloc to prevent India from reselling Russian oil to Europe as refined fuel, including diesel, in an interview with the Financial Times on May 16.
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