Jadestone acquiring two Malaysian PSCs
SINGAPORE – Jadestone Energy has agreed to acquire various field interests offshore Peninsular Malaysia from SapuraOMV Upstream for $9 million. The transaction would give Jadestone a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated stake in the PM323 PSC, containing the East Belumut, West Belumut, and Chermingat […]
Chevron plans to increase Caltex petrol stations to 100
The government has welcomed Chevron (Cambodia) Ltd’s plan to nearly triple its network of Caltex petrol stations in the Kingdom to 100, according to a senior official at the Ministry of Mines and Energy on February 28.
Indonesia Energy Recognized as Top 3 Performer in 2020
JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / February 26, 2021 / Indonesia Energy Corporation Limited (NYSE:INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that IEC’s operating company has been recognized by the state oil and gas company, Pertamina, as the top three performer in 2020 among 19 oil […]
State-owned Cambodian electricity company shortens contract with Asiatic Group subsidiary
A state-owned Cambodian electricity supplier is shortening the duration of a power purchase agreement that it has with a unit of Asiatic Group (Holdings).
Can striking oil turn Cambodia’s economy around?
In a Facebook post, Cambodia’s Prime Minister Hun Sen described the country’s first few drops of oil as “a blessing for Cambodia” and “an important first step”.
SkillUP set to transform work environment
The Manpower Industry Steering Committee Working Group for Energy (MISC-WG Energy) Lead Hajah Rosita binti Hassan yesterday delved into how the newly launched SkillUP application is set to transform the work environment across the nation. The application was developed in tandem with the iSKill programme to ensure the workforce’s skills set meets international standards.
Expanding Brunei’s energy sector
Brunei Darussalam continues to create new economic opportunities to diversify the country’s economy. Alongside other sectors, the downstream oil and gas sector plays an important role in reshaping the country’s economic landscape and boosting resilience during a time of global oil market uncertainties.
Network of pioneering businesses for renewable energy makes debut
NDO – A network of pioneering businesses for renewable energy was announced at the Vietnam Corporate Sustainability Forum 2020 in Hanoi on December 10, in the presence of Deputy Prime Minister Vu Duc Dam.
Proposed steep tariff cut risks disruption in Vietnam’s wind market, industry body warns
The Vietnamese government is mulling a significant reduction of feed-in tariff rates for wind. The Global Wind Energy Council has cautioned the move could see disgruntled investors pack their bags, derailing the nation’s wind targets.
PTT : announced the launch of new business – the first one-stop service for renewable energy certificates and renewable purchases in Thailand
To reinforce PTT’s leadership in energy innovation for the future, PTT launched the new business in one-stop service for Renewable Energy Certificate (REC), leveraging blockchain technology, to fully meet the strong demand from multinational companies for renewable energy in Thailand and the ASEAN region, continuing PTT’s sustainability mission.