As part of the reforms, the gas price will jump up 47%

As falling production and rising energy imports start to take their toll on the wider economy, it is clear Indonesia needs to reshape its oil and gas regime to lure much-needed upstream investment. But is the incoming president up to the challenge?

The country is considering the move amid falling domestic output

Western sanctions have tipped the balance of Russia's energy relations with China in Beijing's favour, an advantage that the Chinese side is pressing to win trade deals on its terms and gain direct access to some of Russia's largest oil and gasfields.

China is poised to launch a national carbon trading market – potentially the largest one in the world - but if its seven regional pilot projects are anything to go by, there is still much to be done

The move is part of state-owned enterprise reforms that hope to make the companies involved more competitive and market oriented

The country has announced a price rise as part of wider reforms to bring the sector in line with the international market

Joko Widodo's improbable ascent from slum child to leader of Southeast Asia's leading oil and gas producer will be positive, at least in the short-term, for Indonesia's energy sector

Dozens of new coal-to-gas projects have been proposed across the country, but the government wants to prevent inefficiencies and overcapacity

The newly elected government is attempting to boost state finances

The disagreement is over valuable oil and gas buried under the Timor Sea

The country’s short-term perspective and regressive approach to climate policy is drawing flak

Politician Clive Palmer stepped in to oppose the government's plans

Chinese gas demand will double over the next five years due to a commitment to clean up the country's pollution

Figures from Bloomberg New Energy Finance reveal that the country's costs are higher than competitors

Russia’s strategic shift to Asia will put the world’s largest energy producer at the centre of the world’s biggest energy market

Russia has long craved the Chinese market and China needs gas. The $400 billion deal opens a new trade

Domestic liberalisation is a boon to the country’s large independent suppliers and is busting open Gazprom’s monopoly on exports

Russia’s $400bn gas deal with China will have ramifications across the world

India’s next prime minister, Narendra Modi, has the chance to revitalise the energy sector and shape how the country engages with international investors

Asia’s increasingly energy import dependent economies would suffer the worst of the fallout

Tensions have been renewed after Chinese company Cnooc moved a rig into the South China Sea area, 32 km south of the disputed Paracel Islands

The Indian government’s surprise decision to delay the increase in natural gas prices until after the general elections in mid-May will not only cost upstream players billions of dollars in lost revenues, but it also highlights the political risks faced by investors

The state-run company is reluctant to stray from conventional and tight gas projects

Promising plays are scattered across the region, but exploration has scarcely begun

The eastern Australian state of Victoria will maintain a ban on hydraulic fracturing (fracking) at least until 2015