Angkor Resources’ Energy Subsidiary Granted Onshore Exploration And Production License For Cambodia’s Oil & Gas
Angkor Resources Corp. (TSXV:ANK) and (OTC:ANKOF) (“Angkor” or “the Company”) announces its energy subsidiary, EnerCam Resources Corp. (Cambodia) Co. Ltd. (EnerCam) has received final licensing for exploration, development, and production on Block VIII onshore Cambodia.
Another hefty oil price hike set this week
MANILA, Philippines — For the seventh straight week, oil firms are raising gasoline prices, this time by P1.30 per liter, diesel prices by P1.50 per liter and kerosene prices by P1.45 per liter.
Another Japanese giant exits Myanmar
Japanese energy company Eneos is the latest player to pull out of Myanmar’s upstream oil and gas industry, announcing on Friday that it was exiting the producing Yetagun gas project in response to “social issues”, amid criticism that the project’s revenues are flowing to the nation’s military junta.
Another oil price hike set for January 22
MANILA, Philippines – Oil companies will implement another fuel price hike on Tuesday, January 22, marking the 3rd straight week of increases. Caltex, Shell, Flying V, Phoenix Petroleum, Total, Petro Gazz, Seaoil, and PTT Philippines announced that they will be imposing a P0.10 per liter increase on gasoline and a P0.40 per liter hike on […]
Another round of fuel price rollback expected next week
Pump prices of petroleum products are expected to be slashed for another round in the coming week, which could mark the fifth straight week of fuel price cuts.
APPEC Singapore’s Pavilion Energy eyes Southeast Asian markets for gas expansion
SINGAPORE, Sept 27 (Reuters) – Singapore’s Pavilion Energy is looking to expand into Southeast Asian countries such as Vietnam and Myanmar where demand for natural gas is expected to grow, its interim chief executive said on Monday.
Argentina announces $2.3 bln joint shale oil project with Malaysia’s Petronas
Argentina’s state-controlled energy company YPF and Malaysia’s Petronas are forming a joint venture to invest $2.3 billion over the next four years in the country’s Vaca Muerta shale oil fields, the president’s office announced on Tuesday. State-owned Petronas will have an equal stake in the project through its subsidiary Petronas E&P Argentina SA, the presidency […]
As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject
American oil and gas giant Chevron plans to withdraw from the national strategic Indonesia Deepwater Development (IDD) project in Makassar Strait and the government has wasted no time seeking a replacement. The government has approached Italian oil and gas company Eni to take over the project, said Energy and Mineral Resources Ministry acting oil and gas […]
As Indonesia’s oil sector is less profitable, it’s time for clean energy: Experts
The continuous decline in oil prices that has led to a lower contribution to national revenue should become a wake-up call for the government to immediately kick off fiscal reform that would speed up the use of renewable energy, experts in a recent discussion said. According to a new report released by the Canada-based International […]