Showing 11-20 of 511 results

Shell, PTTEP dial up Sarawak drilling with Noble rig

Noble Corp. said today that Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options for the Noble Viking drillship. One of those wells has been transferred to PTTEP for the Rotan NFE appraisal well, offshore Sabah. The drillship should begin this well in December 2023, with work taking 21 […]

Petronas expects domestic oil, gas output to cross 1.8 mil boe/d this year, says MPM

Petronas’ upstream business Malaysia Petroleum Management expects the company’s domestic oil and gas production to cross 1.8 million b/d of oil equivalent in 2023 and raise its overseas portfolio to 700,000 boe/d by 2030, its senior vice president Mohamed Firouz Asnan told S&P Global Commodity Insights in an interview at the Energy Asia 2023 conference […]

Coal supply for thermal power plants to increase by 10-15%

Hanoi (VNS/VNA) – The Vietnam Coal and Mineral Industries Group (Vinacomin) and Dong Bac Corporation strive to supply about 48.35 million tonnes of coal for thermal power plants, an increase of about 10-15% compared to 2022.

Exclusive: Thailand’s PTT in advanced talks with Qatar for LNG deal

SINGAPORE/LONDON, July 7 (Reuters) – Thailand’s largest energy company, state-controlled PTT (PTT.BK), is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.

PetroChina Launches Drilling Campaign in Indonesia’s Jambi

Jakarta. Chinese oil company PetroChina has launched the drilling campaign involving 14 oil and gas wells at Jabung block in the Indonesian province of Jambi after winning a 20-year extension of the exploration contract, a spokesman said on Wednesday.

Vitol Says Achieved Milestone LNG Orders from Finland, Philippines

Vitol Group said Monday it had delivered the first liquefied natural gas (LNG) cargo to Finland’s first LNG terminal and that another LNG shipment has embarked for the Philippines in what is also a first for the Southeast Asian country.

New version of ASEAN taxonomy hoped to help with coal phase-out

Jakarta (VNA) – The Association of Southeast Asian Nations (ASEAN) has recently launched the second version of its taxonomy for sustainable finance, expected to help the region unlock financing for coal phase-outs.

Philippines set to receive first-ever LNG cargo for power generation

THE Philippines has bought its first-ever liquefied natural gas (LNG) cargo, which will be delivered this month, bound for a new terminal that will fuel a 1,200-megawatt (MW) power plant, global energy trader Vitol said on Monday (Apr 3).

M’sia has 15yrs of petroleum reserves left, can last up to 40 with right tech, investment

KUALA LUMPUR: Malaysia’s petroleum reserves for oil and gas resources are projected to last for only 15 years, according to the Reserves Life Index calculation.

Malaysia among hotbeds for upstream M&A in Southeast Asia, Rystad says

KUALA LUMPUR (March 28): Malaysia is among the hotbeds for upstream mergers and acquisitions (M&A) in Southeast Asia over the next two years, according to Oslo-based Rystad Energy. In a statement on Monday (March 27), the firm said the bulk of these US$5 billion (RM22 billion) opportunities in Southeast Asia are in Indonesia, where upwards […]