Malaysia’s Petronas has confirmed reports of a fire incident at the Sabah-Sarawak Gas Pipeline (SSGP), nearby Lawas, Sarawak, following an explosion on Wednesday.

BANGKOK, Nov 15 (Reuters) – Thailand’s cabinet on Tuesday agreed to extend an excise tax cut on diesel for another two months to Jan. 20 next year, due to high oil prices, Finance Minister Arkhom Termpittayapaisith said.

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 […]

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.

Triangle Energy (Global) Ltd, as part of the Cliff Head Joint Venture (CHJV) with Pilot Energy (ASX:PGY) Ltd, has welcomed the news that it will receive in the vicinity of A$5.4 million since the AB Paloma tanker unloaded 50,756 barrels of oil at a refinery in Thailand late August.

The Department of Energy (DOE) has approved the acquisition deal between Prime Infrastructure Capital, Inc. and Shell Philippines Exploration B.V. (SPEX) on the latter’s 45-percent stake in the Malampaya Service Contract (SC) 38.

UK supermajor Shell has taken the final investment decision on the phase four development of its Gumusut-Kakap-Geronggong-Jagus East deep-water development, with plans to develop two fields discovered in Bruneian waters through a tie-back to its existing Gumusut-Kakap production facilities offshore Sabah, East Malaysia.

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.

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.

Amid an ongoing energy crisis, European countries have turned to Southeast Asia’s coal and liquefied natural gas (LNG) producers to help offset the collapse of Russian supplies.