http://aseanenergy.org/news Daily Energy News in ASEAN Thu, 17 Sep 2009 08:05:10 +0000 http://backend.userland.com/rss092 en Three fuel distributors, PT Aneka Kimia Raya Corporindo (AKR), PT Shell Indonesia, and PT Petronas Niaga Indonesia, may operate alongside state oil and gas company PT Pertamina in distributing subsidized fuels, starting next year. Downstream oil and gas regulator BPHMigas chairman Tubagus Haryono said that three companies had met the criteria ... http://aseanenergy.org/news/?p=1166 Source: The Jakarta Post, 17 Sep 2009 The government has issued a new regulation on gas exports that may provide leeway for gas producers to avoid its legal obligation to earmark 25 percent of gas to domestic consumers. The regulation, PP No. 55/2009, article 49 point 5, stipulates that if producers fail ... http://aseanenergy.org/news/?p=1165 Source: Bangkok Post, 12 Aug 2009 Plc, one of the region’s biggest coal miners, posted a strong increase of 73% in net profit for Banpu the second quarter on higher coal sales volume and value, according to chief executive Chanin Vongkusolkit. The SET-listed company’s second-quarter profit totalled 3.98 billion baht, up 73% ... http://aseanenergy.org/news/?p=1164 Source: Reuters, 15 Jul 2009 CNPC, China’s top oil firm, is to invest in a $10 billion refinery project in Malaysia, though not immediately, and has agreed to take its oil products for 20 years, the Malaysian company said on Wednesday. The 350,000 barrel-per-day refinery, to be built in Kedah in northwestern ... http://aseanenergy.org/news/?p=1163 Source: THANH NIEN Daily, 15 Jul 2009 Petrolimex has made its first oil product purchases from Vietnam’s first oil refinery, the new Dung Quat complex, traders said yesterday. The state oil product importer secured a total 258,000-324,000 tons of gas oil, gasoline and kerosene for July to December as Vietnam takes the ... http://aseanenergy.org/news/?p=1162 Source: Bangkok Post, 20 May 2009 Despite the cyclical downturn of the upstream petroleum industry, PTT Exploration and Production Plc (PTTEP) is confident it can increase petroleum production to 900,000 barrels of oil equivalent per day (boed) by 2020. The country’s sole petroleum explorer expects output from its fields will rise to ... http://aseanenergy.org/news/?p=1161 Source: The Jakarta Post, 20 May 2009 Indonesia cannot meet its coal production target in the first quarter of this year due to technical issues, including heavy rain, energy and mineral resources ministry director said. Bambang Gatot Ariyono, director for coal and mineral development at the energy and mineral resources ministry, said ... http://aseanenergy.org/news/?p=1160 Source: Bangkok Post, 19 May 2009 Southeast Asian nations have joined East Asian nations to draft a road map for a regional oil stock to avoid disruption in supply, said Dr. Weerawat Chantanakome, energy policy planning councillor for the Ministry of Energy. The plan concerns the Asean Petroleum Security Agreement (APSA), inked ... http://aseanenergy.org/news/?p=1159 Source: The Jakarta Post, 18 May 2009 Publicly listed energy company PT Medco Energi Internasional (Medco) is planning to acquire BP Indonesia’s stake in the Offshore North West Java Sea (ONWJ) block, West Java. Medco operational director, Lukman Mahfoedz, said on Monday that the company is evaluating the acquisition of the block ... http://aseanenergy.org/news/?p=1158 Source: The Jakarta Post, 18 May 2009 Indonesia and Vietnam have agreed to increase cooperation in the energy and mineral resources sector following the signing of a new bilateral agreement on energy, oil and coal mining, tempointeraktif.com reported on Monday. “The two parties have expressed interest in expanding the tripartite cooperation initiative ... http://aseanenergy.org/news/?p=1156