Petronas cutting Myanmar headcount amid strategic review
Malaysia’s national oil and gas company Petronas is reviewing its business portfolio and operations because of the prevaling market conditions.
Chevron and Thailand at loggerheads over gas field transfer
U.S. energy producer Chevron has restarted arbitration with Thailand following the breakdown of negotiations over decommissioning costs at one of the country’s biggest gas fields, in a dispute that risks severe disruption to the country’s energy production.
Thai Oil identified as buyer of International Seaways VLCC pair
Thai Oil, a subsidiary of Thailand’s energy major PTT Group, has been identified by brokers as the buyer of two VLCCs from International Seaways.
Liquefied natural gas plans up in the air thanks to Coronavirus
A senior official from the Ministry of Mines and Energy has confirmed that a timeframe for the feasibility study on the establishing a liquefied natural gas (LNG) receiving terminal, LNG pipeline, re-gasification plant and trucking network from the Cambodian Natural Gas Co Ltd (CNGC) has been delayed because of COVID-19.
Malaysia’s Handal Nets Offshore Crane Maintenance Work with Carigali Hess
Malaysian offshore services firm Handal Energy has won a contract with Carigali Hess Operating Company to provide crane maintenance services.
LNG importation ‘best’ way to fill energy gap
ENERGY Secretary Alfonso Cusi said importation of liquefied natural gas (LNG) remains the best option for the country to meet its future energy requirements.
Oil demand seen back to pre-pandemic level by yearend
Oil demand is poised for rebound to pre-pandemic level by yearend buoyed by more people going outdoors as the economy comes out of strict quarantines, the energy department said on Tuesday.
Malaysia’s Petronas starts production in Oman’s Ghazeer gas field
Malaysia’s state energy firm Petronas on Monday announced the start of production from Phase 2 of its Ghazeer gas field located in Block 61, Oman, three years after the Khazzan gas field (Phase 1) was brought online.
