Tokyo Gas and Marubeni to build a nearly $2 billion LNG power plant in Vietnam
Japanese utility Tokyo Gas and trading house Marubeni will build a liquefied natural gas (LNG) power plant in Vietnam.
Cusi asks ASEAN neighbors to join oil exploration at West Philippine Sea
With the West Philippine Sea already legally opened by the government for oil and gas exploration, Energy Secretary Alfonso G. Cusi has intensified his call on neighbor-countries in the Southeast Asian region to join in the ‘upstream exploration ventures’ in Philippine waters.
Malaysia’s Sarawak seeks investors to find new onshore plays
The eastern Malaysian state of Sarawak, home to the country’s LNG export complex, will soon open onshore acreage for bidding, as it hopes to revitalise its onshore oil and gas industry after taking regulatory control from the federal government.
Vietnam starts pumping gas from offshore Sao Vang-Dai Nguyet field
HANOI, Nov 17 (Reuters) – Vietnam has started pumping the first gas from the Sao Vang-Dai Nguyet field off the country’s southern coast, PetroVietnam Gas Corp said on Tuesday.
Marcos wants DOE to suspend oil price hikes due to pandemic, calamities
MANILA, Philippines — Senator Imee Marcos on Monday called on the Department of Energy (DOE) and the country’s three largest oil companies to suspend oil price hikes set for Tuesday.
Indonesia’s exploration costs stayed low in past two decades: minister
Jakarta (ANTARA) – Indonesia’s exploration costs over the past two decades remained low, constituting one percent of the world-class mining companies’ exploration costs, Energy and Mineral Resources Minister Arifin Tasrif stated while quoting S&P Global Market Intelligence data.
Big time price hikes implemented by oil firms
Consumers’ pockets will be ripped off this week with the massive increases in pump prices at the scale of P1.50 to P1.55 per liter for diesel products; and P1.05 to P1.10 per liter for gasoline products.
Towards achieving 1 million BOPD, 12 BSCFD production targets
Indonesia is one of the fastest growing economies in the world, which also drives up the demand for energy. The country has been a net oil importer since 2003, owing to the high domestic demand for energy and declining national oil production.
