CHINA: Energy security, global credibility hit by defeat in Venezuela

(EnergyAsia, February 28, 2026, Saturday) — China suffered a double blow to its energy security and global credibility when the U.S. captured Venezuelan leader Nicolas Maduro on January 3. In ending his nearly 13-year tight grip on Caracas, the U.S. has regained some of its previous influence over the energy-rich Latin American country while dealing a major blow to China’s expansion plans in the region.

ASIA: Region Lacks Oil Stockpiles Except For China

  (EnergyAsia, June 29, 2025, Sunday) — The nightmare scenario has arrived along with its dreaded questions. How badly would the global economy and its energy markets be impacted if the Straits of Hormuz which handles 20 percent of the world’s oil and gas trade is blockaded?…

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INDIA: Modi government under pressure to boost oil storage expansion plan

(EnergyAsia, June 22, 2025, Sunday) — India is under pressure to step up its oil stockpiling programme to counter energy security fears following the country’s recent war with neighbouring Pakistan and the continuing escalation in conflicts in the Middle East….

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INDONESIA: Proposed refinery, storage terminal to boost energy security, oil trade

(EnergyAsia, May 11, 2025, Sunday) — The Indonesian government has announced plans to build a major oil storage terminal and refinery on two Riau islands as part of a bigger plan to turn the region into a major economic zone alongside neighbouring Singapore….

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CHINA: Government orders additional eight-million-tonne crude stockpile, says Vortexa

(EnergyAsia, July 5, 2024, Friday) — China has issued an unexpected order for state-owned firms to add eight million tonnes (58.8 million barrels) of crude to their strategic stockpiles from July to next March, according to oil and gas intelligence provider Vortexa….

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INDIA: Foundation laid for storage expansion in Modi’s third term

(EnergyAsia, July 4, 2024, Thursday) — India will likely lead Asia’s expansion of liquid storage capacity over the next five years under the government of Prime Minister Narendra Modi which recently won re-election for a third term in office….

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SINGAPORE: BW LPG poised for growth in Asia with new headquarter and NYSE listing

(EnergyAsia, June 15, 2024, Saturday) — BW LPG is aiming for growth in Asia on the back of its first venture in fuel import and storage in India, a secondary listing on the New York Stock Exchange, and the relocation of its headquarters to Singapore….

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PAPUA NEW GUINEA: Regional storage hub role eyed as fuel crisis persists

(EnergyAsia, June 14, 2024, Friday) — Papua New Guinea is seeking investments in oil refining and storage facilities to help solve its multi-year fuel supply crisis that is threatening the country’s political stability and economic prospects….

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PAKISTAN: Saudi Aramco eyeing bigger downstream investment, including oil refining

(EnergyAsia, February 21, 2024, Wednesday) — Saudi Arabia’s energy giant Aramco is laying the foundation for business expansion in Pakistan with its planned acquisition of a 40% stake in a local downstream fuels, lubricants and convenience stores firm….

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