Large U.S firms have sought investment opportunities in the areas of oil, natural gas and renewable energy in Cambodia, according to the Ministry of Mines and Energy.

HANOI — Chan May LNG, a U.S.-Vietnamese joint venture, plans to invest up to $6 billion in a power project in Vietnam as it seeks to cash in on the Southeast Asian country’s rising demand for electricity, its chief executive officer said on Wednesday. Vietnam faces the risk of severe power shortages from 2021 as demand […]

Hanoi (VNA) – The Vietnamese Government will create favourable conditions for Mubadala Petroleum and other enterprises of the United Arab Emirates (UAE) to invest and expand business in Vietnam, said Deputy Prime Minister Trinh Dinh Dung. Dung made the pledge at a reception in Hanoi on October 17 for Naser Al Hajri, Mubadala Petroleum’s Senior […]

CAIRO: Abu Dhabi National Oil Company (ADNOC) signed agreements with Indonesia companies Petramina and Chandra Asri in the petrochemical and gas sectors, UAE state news agency WAM reported on Sunday. The deals included a sales agreement under which ADNOC will supply 528,000 tonnes of liquid petroleum gas (LPG) to Petramina by the end of 2020, WAM said.

The United Arab Emirates’ (UAE’s) state-owned energy company Abu Dhabi National Oil Company (ADNOC) will team up with state-owned oil and gas company Pertamina to build liquefied petroleum gas (LPG) storage in Indonesia as part of the economic cooperation agreement signed during the visit of the UAE’s prince Syekh Mohammed bin Zayed Al Nahyan to […]

UDENNA Corp. subsidiary Malampaya Energy XP Pte Ltd. said it is financially prepared to operate the Malampaya project as its pending acquisition of shares in the gas field’s operator Shell Philippines Exploration B.V. (SPEx) was fully underwritten and funded through bank loans.

Vietnamese state-owned oil company PetroVietnam has warned that Russia’s continued attacks on Ukraine could have knock-on effects on oil drilling in the Southeast Asian country, with Vietnam relying on Russia for imports of energy equipment.

Brunei Shell Petroleum Company Sdn Bhd (BSP) and Brunei LNG Sdn Bhd (Brunei LNG), in collaboration with DARe (Darussalam Enterprise) and LiveWIRE Brunei Sdn Bhd, held a market engagement session with over 10 local Information Technology (IT) companies and start-ups at the DARe iCentre yesterday.

Consumers can expect an oil price rollback of as much as P1.20 per liter this week to reflect the movement of price in the world market amid the ongoing coronavirus pandemic.

JOHOR, Malaysia/JAKARTA (Reuters) – On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia’s Petronas is starting up a state-of-the art petroleum processing hub, called RAPID. FILE PHOTO: The completed Refinery and Petrochemical Integrated Development (RAPID) oil refinery at Pengerang Integrated Petroleum Complex […]