IMF Concludes 2021 Article IV Consultation with Brunei Darussalam
Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1]with Brunei Darussalam.
Irony Alert: Saudi Arabia Plans To Create Its Own Electric Car
Yes, electric cars represent a minimally invasive lifestyle change for an environmentally friendly future, they are taking up the bulk of most manufacturer’s R&D budgets, and giving start-ups a chance at the big time. But has it really gotten to the point that an oil-rich country like Saudi Arabia, which is mainly known for exotic and luxury […]
Japan taps Australia and Brunei for hydrogen import goal
Japan plans to build a hydrogen supply network that includes Australia and Brunei as it aims to import 300,000 tons of the fuel a year by around 2030.
Joining hands for a greener future
British High Commissioner to Brunei Darussalam Richard Lindsay, in commemorating World Environment Day, underscored the important roles that Brunei Government and local NGOs (non-governmental organisations) as well as the British High Commission played in preserving the environment in the country.
Jokowi calls on Steinmeier to develop renewable energy potential
President Joko Widodo (Jokowi) invited the German Federation to participate in developing the potential of new and renewable energy in Indonesia. “I laud Germany’s support in strengthening climate change cooperation through the construction of the Green Infrastructure Initiative worth 2.5 billion euros, including the construction of the world mangrove center, which was just inaugurated a […]
Localising energy sector: Brunei looks to learn from Oman’s experience
BRUNEI Darussalam is looking to learn from Oman on how it implements its localisation strategies for the oil and gas industry, to help achieve the goals of the Bruneianisation Directive, Brunei’s very own localisation drive for the sector. Speaking at the opening ceremony of the two-day 3rd Brunei-Oman Joint Seminar at the Banquet Hall of […]
Maersk Drilling secures £35m contract extension
Brunei Shell Petroleum has exercised a £35 million contract extension option for the Maersk Convincer jack-up rig for work offshore Brunei Darussalam. The extension has a duration of 602 days and will commence in May 2021 in direct continuation of the rig’s current work scope, which means that Maersk Convincer is now contracted by BSP until […]
Maersk Drilling wins £6.7million contract with Brunei Shell Petroleum
Maersk Drilling has been awarded a $9million (£6.7m) exploration contract with Brunei Shell Petroleum Company.
Maritime Hydrogen and Marine Energy Conference: Shipping hydrogen from Brunei to Japan
Established in 1948, Chiyoda Corporation’s business field has covered the oil and gas industry, chemicals, environment, energy conservation, industrial facilities and life science. The Japanese company has now shifted towards more greener energy projects, with hydrogen a key focus.
MEMI aims to reach 10% electric car usage before 2035
BANDAR SERI BEGAWAN – The Ministry of Energy, Manpower and Industry (MEMI) wants to be more aggressive in promoting electric vehicles in Brunei, aiming to reach a target of 10 percent before 2035. The urgency to reduce greenhouse gases — as part of the country’s commitments under the Paris Agreement — is moving the issue forward, said […]