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Philippines fuel prices to increase by up to P1.50/litre on March 7

Local oil companies will raise their pump prices of gasoline, diesel and kerosene on Tuesday, March 7, by as much as P1.50 per liter.

Chevron and Pertamina to explore development of CCS/CCUS technology in Indonesia

PT Pertamina (Persero) and Chevron New Energies International Pte. Ltd. (Chevron New Energies) have signed a Joint Study Agreement (JSA) to examine the feasibility of carbon capture storage and carbon capture utilisation and storage (CCS/CCUS) in East Kalimantan, Indonesia.

Sabah Energy inks multiple natural gas agreements with major investors

Sabah Energy Corporation Sdn Bhd (SEC) has inked multiple natural gas sales agreements (GSAs) and heads of agreement (HoA) with major investors in the state. In a statement, Sabah chief minister Hajiji Noor said that with this development, the state’s largest domestic supplier and transporter of natural gas is now playing an integral role in […]

Indonesia close to Abadi LNG deal with Pertamina, says minister

The Indonesian government hopes discussions with state energy company Pertamina over its acquisition of Shell’s (SHEL.L) stake in the Abadi liquefied natural gas (LNG) project will be finalised in the first half of this year, a senior energy official said on Friday.

Petronas aims to complete Malaysia LNG investigation by mid-year

Malaysia’s state energy company Petroliam Nasional Berhad, or Petronas, aims to complete an investigation into disruption of Malaysia LNG gas supply by the middle of the year, CEO Tengku Taufik told reporters on Friday.

Petronas clean energy arm sees India, Australia as key in rapid growth plans

Gentari, the clean energy arm of Malaysia’s state oil firm Petronas, sees India and Australia as its key markets for growth and expects to tap more financing to meet its ambitious targets, its chief executive told Reuters.

Myanmar’s natural gas income in jeopardy as foreign firms exit

The Myanmar government is facing a potential crisis of dwindling revenue, as overseas energy companies pull out of natural gas operations in the country one after another, squeezing the ruling military’s primary source of foreign income.

Malaysia: PETRONAS and Sabah State expand collaboration in upstream

PETRONAS and the Sabah State Government continue to expand the collaboration in the oil and gas industry through a Heads of Agreement (HOA) signed between PETRONAS Carigali (PCSB), a wholly-owned subsidiary of PETRONAS and SMJ (SMJSB), a company wholly-owned by the Sabah State.

Jadestone Completes Thai Gas Deal

Asia Pacific-focused Jadestone Energy has completed the deal to acquire stakes in the Sinphuhorm gas field and Dong Mun gas discovery onshore Thailand, it said on February 23. The deal was announced last month.

S’pore should consider standby diesel fuel facility to boost energy security: Industry experts

Singapore should consider setting up a strategic reserve facility for diesel, an important alternative fuel for power generation, industry sources said. Power security has emerged as a key issue in the wake of the Ukraine conflict, and has once again turned the spotlight on energy security here in Singapore, which depends on imported natural gas […]