Thailand’s crude imports jump in Oct as refiners replenish light-end product stocks
Hanoi — Thailand imported 792,600 b/d of crude and condensate in October, a 50.8% jump from a year earlier, with demand for light sweet crude from the US and Nigeria picking up sharply after the restart of the country’s 215,000 b/d Rayong refinery.
PETRONAS: Growing green shoots in the oil and gas industry
The first energy company in Asia to set a net zero goal is among major oil and gas firms expanding investments in cleaner and renewable energy. So what are its plans to bring about a greener future?
Ayala in search for deep-pocketed partner for oil/gas exploration
Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan.
Energy companies make a beeline for central Vietnam
Several foreign and domestic companies have expressed interest in building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khanh Hoa.
‘Basin studies key to enticing investors in oil, gas drilling’
The Philippine National Oil Company-Exploration Corp. (PNOC-EC) stressed the importance of a well-crafted study of the country’s 16 sedimentary basins to make these marketable for prospective investors.
Indonesia to study Iran’s proposal to build oil refinery
TEHRAN, Nov. 22 (MNA) – Indonesia will study a proposal from Iran to build an oil refinery, as it seeks to expand its oil refining capacity by 500,000 barrels per day (bpd) in the next seven years.
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.
