(EnergyAsia, March 21, 2026, Saturday) — Australians went into full panic mode over fuel shortages and sharp price increases within weeks of the start of the latest Middle East war on February 28….
MONGOLIA: Proposed oil refinery with India faces enormous hurdles
(EnergyAsia, March 2, 2026, Monday) — India and Mongolia face a slew of hurdles to build their proposed refinery project in the landlocked country in northern Asia….
SINGAPORE: Asian companies increase presence in oil refining industry
(EnergyAsia, March 1, 2026, Sunday) — Asian companies are increasing their stakes in Singapore’s oil refining industry long held by Western firms….
CHINA: Refiners to rely more on Russia with loss of Venezuela, Iran oil supplies
(EnergyAsia, March 1, 2026, Sunday) — China’s oil refiners are staring at a difficult 2026 with the disruption to the supply of cheap oil from two of their main sources….
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.
INDIA: World’s fastest growing oil consumer over the next decade
(EnergyAsia, February 25, 2026, Wednesday) — India will continue to drive global oil consumption over the next decade but will remain a much smaller market compared with China, according to recent forecasts by two agencies….
AUSTRALIA: Insufficient Fuel Stockpiles Exposed Again
(EnergyAsia, July 5, 2025, Saturday) — The Lucky Country is betting that it will stay lucky….
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?…
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….
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….
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….
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….
SINGAPORE: Oil storage and traffic face scrutiny on worsening space constraint
(EnergyAsia, June 25, 2024, Tuesday) — Tiny Singapore may have to reckon with over how much more oil, gas and chemicals it can store, trade, blend and ship on its increasingly congested waterways….
CHINA: Crude stockpiling slows down as oil demand remains weak, says Vortexa
(EnergyAsia, June 18, 2024, Tuesday) — China’s slowing oil demand is weighing on its crude stockpiling and buying appetite according to oil and gas intelligence provider Vortexa….
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….
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….
CHINA: If oil demand is peaking, why are they still investing and hoarding?
(EnergyAsia, March 6, 2024, Wednesday) — Chinese state firms have joined the bandwagon predicting an impeding end to growth in the world’s demand for oil….
CHINA: Rongsheng, Aramco in mutual buy-in talks amid closer China-Saudi ties
(EnergyAsia, March 3, 2024, Sunday) — China’s Rongsheng Petrochemicals and Saudi Arabia’s Aramco are in talks to buy into each other’s units as ties between the two countries continue to tighten….
SRI LANKA: Sinopec to add US$4.5 billion refinery to Hambantota operations
(EnergyAsia, February 29, 2024, Thursday) — Chinese state firm Sinopec is becoming Sri Lanka’s most important investor as it plans to add a US$4.5-billion oil refinery to its growing portfolio in the South Asian nation.
INDIA: The rise of the world’s next global oil player
(EnergyAsia, February 26, 2024, Monday) — India has emerged as a global oil trading and supply hub. Add to that its position as the world’s fastest-growing major oil consumer, it now has a pivotal role in the global energy markets….
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….
CHINA: Economy to grow at slower rate in 2024, oil risk is contained say analysts
(EnergyAsia, February 11, 2024, Sunday) — Analysts expect China’s economy to grow at a slower rate in 2024 after expanding by 5% last year….
MARKETS: Oil steady as Middle East wars escalate, but for how long?
(EnergyAsia, February 5, 2024, Monday) — Oil continues to confound with another out-of-sync laidback response to the widening escalation of conflict in the Middle East….
MALAYSIA: Fitch affirms Petronas’s credit rating at ‘BBB+’ with a warning
(EnergyAsia, January 27, 2024, Saturday) — Malaysia’s state-owned energy firm Petronas has been given a BBB+ credit rating of “adequate” with low expectations for a default risk by US agency Fitch Ratings….
INDIA: Rajasthan state being considered for country’s first salt cavern crude storage project
(EnergyAsia, June 30, 2023, Friday) — With the help of its new German alliance partner, state-owned Engineers India Ltd (EIL) is looking to build India’s fourth official crude oil storage site in Rajasthan state.