Vietnam’s energy sector to increase use of coal, gas for electricity
HANOI, March 10 (Xinhua) — Vietnam will ramp up the use of coal and gas sources and mobilize renewable sources to ensure sufficient supply of electricity for the Southeast Asian country as the demand is projected to increase in 2023, local media reported on Thursday.
Philippines fuel prices to increase by up to P1.50/litre on March 7
Local oil companies will raise their pump prices of gasoline, diesel and kerosene on Tuesday, March 7, by as much as P1.50 per liter.
Chevron and Pertamina to explore development of CCS/CCUS technology in Indonesia
PT Pertamina (Persero) and Chevron New Energies International Pte. Ltd. (Chevron New Energies) have signed a Joint Study Agreement (JSA) to examine the feasibility of carbon capture storage and carbon capture utilisation and storage (CCS/CCUS) in East Kalimantan, Indonesia.
Sabah Energy inks multiple natural gas agreements with major investors
Sabah Energy Corporation Sdn Bhd (SEC) has inked multiple natural gas sales agreements (GSAs) and heads of agreement (HoA) with major investors in the state. In a statement, Sabah chief minister Hajiji Noor said that with this development, the state’s largest domestic supplier and transporter of natural gas is now playing an integral role in […]
Indonesia close to Abadi LNG deal with Pertamina, says minister
The Indonesian government hopes discussions with state energy company Pertamina over its acquisition of Shell’s (SHEL.L) stake in the Abadi liquefied natural gas (LNG) project will be finalised in the first half of this year, a senior energy official said on Friday.
Petronas aims to complete Malaysia LNG investigation by mid-year
Malaysia’s state energy company Petroliam Nasional Berhad, or Petronas, aims to complete an investigation into disruption of Malaysia LNG gas supply by the middle of the year, CEO Tengku Taufik told reporters on Friday.
Petronas clean energy arm sees India, Australia as key in rapid growth plans
Gentari, the clean energy arm of Malaysia’s state oil firm Petronas, sees India and Australia as its key markets for growth and expects to tap more financing to meet its ambitious targets, its chief executive told Reuters.
Myanmar’s natural gas income in jeopardy as foreign firms exit
The Myanmar government is facing a potential crisis of dwindling revenue, as overseas energy companies pull out of natural gas operations in the country one after another, squeezing the ruling military’s primary source of foreign income.
Malaysia: PETRONAS and Sabah State expand collaboration in upstream
PETRONAS and the Sabah State Government continue to expand the collaboration in the oil and gas industry through a Heads of Agreement (HOA) signed between PETRONAS Carigali (PCSB), a wholly-owned subsidiary of PETRONAS and SMJ (SMJSB), a company wholly-owned by the Sabah State.
Jadestone Completes Thai Gas Deal
Asia Pacific-focused Jadestone Energy has completed the deal to acquire stakes in the Sinphuhorm gas field and Dong Mun gas discovery onshore Thailand, it said on February 23. The deal was announced last month.