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.
S’pore should consider standby diesel fuel facility to boost energy security: Industry experts
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’ 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.
Triangle Energy and JV partner welcome delivery of oil to Thai refinery and upcoming ~A$6.8 million payday
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.
DOE OKs Prime Infra acquisition of Shell’s Malampaya stake
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.
Shell takes investment decision on Malaysia-Brunei ultra-deepwater field development
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.
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.
Cambodia set for multi-million dollar oil payday in October
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.
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.