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Indonesia Revokes More Than 2,000 Mining, Forestry Permits

Indonesia’s leader announced Thursday that his administration was revoking more than 2,000 mining and forest-use permits to correct inequality and protect the environment, two months after he signed global pacts to reduce deforestation and coal-fueled power plants.

Pertamina Discovers Gas Source in Balikpapan Offshore

TEMPO.CO, Jakarta – PT Pertamina Hulu Mahakam, a subsidiary of Pertamina Hulu Energi, discovered a new source of natural gas at the Manpatu-1x, an exploration well in the South Mahakam area in the waters off the coast of Balikpapan, East Kalimantan.

WP expects LPG sales to increase 9.2% this year

SET-listed WP Energy, Thailand’s second-largest liquefied petroleum gas (LPG) trader, expects its 2022 sales to grow by 9.2% to 765,000 tonnes, increasing from a low baseline as the country’s economy reopens, says deputy chief executive Noppavong Omathikul.

Philippines Approves Linseed’s LNG Project: Press

The Philippines department of energy has approved the application of Linseed Field Power Corp. to construct, expand, rehabilitate and modify its integrated LNG import terminal in Batangas City, Manila Standard reported on December 31.

P320B collected through fuel marking

The government has so far collected more than P320 billion in duties and taxes through its fuel-marking program, data from the Finance department showed. Data released by the Finance department on Monday showed that the actual P324.45-billion tax take from Sept. 4, 2019 to Nov. 26, 2021 was equivalent to 29.81 billion liters of marked fuel […]

Southeast Asia to dominate global deepwater gas activity with $25bn spend

Southeast Asia will lead other regions in having the largest share of new deepwater gas and condensate developments taking a final investment decision (FID) between 2022 and 2025, research from Rystad Energy shows. Significantly, around $25 billion is expected to be spent on greenfield deepwater developments in the region from 2021-2025, up from $2 billion […]

Singapore’s Pavilion to supply LNG to Chinese city-gas firm from 2023

BEIJING: Singapore’s Pavilion Energy, a subsidiary of Temasek, has signed a term deal to supply up to 0.5 million tonnes per annum of liquefied natural gas (LNG) to Chinese city gas distributor Zhejiang Hangjiaxin Clean Energy from 2023.

Malaysia’s Petronas says COVID-19 variants to keep oil demand uncertain

KUALA LUMPUR :Malaysia’s state energy firm Petronas said on Tuesday that it anticipates recovery in oil demand from the impact of the coronavirus pandemic to remain fragile and uncertain in the next few years.

Malaysia’s Petronas faces gas test in move to net zero

Malaysia’s state-owned Petronas’ decision about how to move forward with its gas supplies after announcing a 2050 net-zero target has been complicated by current high spot LNG prices.

Coast Capital calls on Total to withdraw from Myanmar oil and gas partnership

Coast Capital has called on Total Energies, a French multinational integrated oil and gas company of which Coast Capital is a shareholder, to immediately discontinue its partnership with the Myanmar Oil and Gas Enterprise (MOGE), which is directly financing the current military dictatorship’s ongoing acts of crimes against humanity, according to BusinessWire.