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Covid threatens to derail Shell’s oil and gas output in Brunei

Brunei Shell Petroleum has rolled out measures in an attempt to ward off disruptions to oil and gas production in Brunei following a significant number of Covid-19 infections detected at offshore platforms in the Champion field, the country’s biggest source of hydrocarbons. The latest surge in Covid-19 cases is particularly concerning as it marks the […]

Malaysia’s Petronas hastens decarbonization push, but oil business still vital

Malaysia’s Petronas is intensifying efforts to invest in cleaner energy solutions and deploy innovative technologies to trim its greenhouse gas emissions as it steps outside the realm of its traditional activities to meet its sustainability targets, the state-run energy company said in its latest activity outlook report for 2021-23.

DOE: Government contribution to Malampaya fund at Php124B

The government has contributed around Php124 billion to the Malampaya fund, according to the Department of Energy (DOE). At the congressional hearing for the department’s 2022 budget last week, DOE-Energy Utilization Management Bureau Director Patrick Aquino said that total collections from the Malampaya gas-to-power project from January 2002 to June 30 this year stood at […]

Agreement inked to boost downstream industry in Brunei

BANDAR SERI BEGAWAN (Borneo Bulletin/Asia News Network): Brunei Fertilizer Industries Sdn Bhd (BFI) signed a service agreement in a virtual ceremony with Muara Port Company Sdn Bhd (MPC) to undertake logistics, operations and port-handling services for the purpose of exporting granular urea for BFI.

Brunei: Measures rolled out to ward off disruptions to oil and gas production

BANDAR SERI BEGAWAN, Sept 7 (Borneo Bulletin/ANN): Measures have been implemented to ensure no disruptions to the production of oil and gas amid worrying number of Covid-19 positive patients in the Champion-7 Cluster.

Bleak outlook for Philippines upstream as Malampaya disappoints

Natural declines and underinvestment in new exploration has left Philippine oil and gas production in freefall posing significant risks to future energy security. The risk is particularly acute given how reliant the Southeast Asian nation is on oil and gas for power generation, industrial processes and transportation, warn analysts at Fitch Solutions. But interest from […]

Energy Ministry demands return of ‘stolen’ Cambodian oil

The Cambodian government says it is taking legal action against the owners or charterers and the managers of a tanker containing 300,000 barrels of oil, which it says belong to the Kingdom.

Eni eyes more drilling offshore Vietnam

Italy’s Eni is believed to be carrying out studies in Blocks 115 and 116 offshore Vietnam with an eye to planning a single-well drilling campaign during the first-half 2022, Westwood Global Energy said in its latest report. The blocks are a short distance from Eni’s large Ken Bau discovery offshore Vietnam.

Shell commits to develop renewable-powered Timi gas project offshore Malaysia

A subsidiary of Royal Dutch Shell has taken a final investment decision on the Timi gas development project offshore Malaysia, which will be powered by renewable energy. Sarawak Shell Berhad (SSB) will work with partners PETRONAS Carigali Sdn Bhd (15%) and Brunei Energy Exploration (10%) on the Timi field, which is located around 200 kilometres […]

Oil, gas sector has strategic role in energy transition: minister

Jakarta (ANTARA) – The oil and natural gas sector will play a strategic role in Indonesia’s energy transition program, Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, said in a statement released here on Wednesday.