5th consecutive major oil price hike seen next week
Metro Manila (CNN Philippines, August 4) — Another major oil price hike is seen to take effect next week with an increase of over ₱3 expected for diesel, industry sources said Friday.
Fuel prices unchanged
PETALING JAYA: The prices of RON97, RON95 and diesel will remain the same, the finance ministry announced today. The price of RON97 will stay at RM3.37 per litre, RON95 at RM2.05 per litre and diesel at RM2.15 per litre.
Philippines open to gas exploration talks with other countries, says Manalo
The Philippines is open to having talks with other countries regarding joint oil and gas exploration, Foreign Affairs Secretary Enrique Manalo said on Friday.
Philippines open to gas exploration talks with other countries, says Manalo
The Philippines is open to having talks with other countries regarding joint oil and gas exploration, Foreign Affairs Secretary Enrique Manalo said on Friday.
Renewed confidence seen in Philippines oil, gas sector
There is renewed confidence and strong interest in the Philippines’ oil and gas sector following the government’s efforts in the past year to boost the investment climate, according to the Department of Energy.
Govt likely to cut RON95, diesel prices to soften living cost pressure
MIDF Research anticipates that the government will cut retail fuel prices, particularly the RON95 and diesel, to ensure price stability and ease living cost pressure in Malaysia.
Indonesia’s big gas projects to proceed after global majors sell stakes
Shell (SHEL.L) and Chevron’s (CVX.N) agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni (ENI.MI) will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.
Luhut Pushes for LNG Terminal in Bali to Meet Domestic Energy Needs
Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan urged the acceleration of the construction of the Liquified Natural Gas (LNG) terminal in Bali in a bid to prioritize domestic energy needs and no longer export the commodity.
Eni to sign deal with Chevron to take over Indonesia project – SKK Migas chief
Italy’s Eni (ENI.MI) will sign a deal with Chevron Corp (CVX.N) later on Tuesday to take over the U.S. firm’s stake in the Indonesia Deepwater Development project, the head of Indonesia’s upstream oil and gas regulator said.
Pertamina, Petronas Buy Shell’s Stake in Indonesia’s Maseka Gas Block
Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to buy its 35% stake in the Masela natural gas fields for up to $650 million, moving the project forward after years of delay.