Cambodia expects to receive millions of dollars in October in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker MT Strovolos last year following a payment dispute with the Apsara oil field’s Singaporean developer, KrisEnergy, according to a senior energy official.

The Ministry of Mines and Energy has said that natural gas, LNG, will play an important role in Cambodia’s power supply in the future, and towards this end, up to 3,600 MW of power is planned to be generated from LNG plants as of 2030.

PHNOM PENH, Nov. 18 (Xinhua) — Cambodia will start pumping its first drop of crude oil from one of its offshore oilfields next year, Prime Minister Samdech Techo Hun Sen said on Monday. “Our first drop of oil will be extracted in 2020, and I will announce the exact date later,” he said in a […]

PHNOM PENH/SINGAPORE, Aug 27 (Reuters) – When Cambodian officials commemorated the start of the country’s first oil project in June by preserving the first drops of production at a high profile ceremony, they heralded the country’s emergence as a budding oil exporter at the heart of Asia.

PHNOM PENH, Aug. 2 (Xinhua) — Cambodia imported oil products worth 1.91 billion U.S. dollars in the first half of 2022, up 25 percent from 1.52 billion dollars over the same period last year, according to a report from the General Department of Customs and Excise.

Phnom Penh: The demand for petroleum products in Cambodia is projected to rise to 4.8 million ton in 2030, up from 2.8 million ton in 2020, the country’s Mines and Energy Minister, Suy Sem said.  

Two countries linked by an energy source, China and Myanmar have become closer partners over the last few years due to their connection via an oil pipeline. Having seen the success of energy transportation between the two states, China plans to invest further in Myanmar in the coming years.  In 2019, the China-Myanmar pipeline carried 10.8 million […]

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”.

A U.S.-based company, Excelerate Energy, is throwing its hat in the fledgling Philippine liquefied natural gas (LNG) sector. Excelerate, based in Woodlands, Texas, and Manila-based First Gen Corp., have filed a joint bid for an LNG import project, Philippines DOE Undersecretary Felix William Fuentebella said during a news conference in Manila on Monday.  Excelerate filed its […]

LOS ANGELES, Calif.–(BUSINESS WIRE)–Capstone Green Energy Corporation‘s (NASDAQ: CGRN) distributor in Malaysia and Brunei, Sekito, has secured an order for a 200 kW microturbine-based system for an oil and gas application owned by a major global oil and gas company.