Pertamina defers phasing out Premium brand despite clean fuel goal
State-owned oil giant Pertamina expects to continue to sell its least environmentally friendly gasoline brand, Premium, until at least 2024, despite its initial target of completely phasing out the brand two years ago to meet its emissions target.
India proposes oil refinery to expand presence in Myanmar energy
India wants to build a US$6 billion oil refinery in Thanlyin, Yangon, to rival China’s investments in Myanmar’s energy sector, according to India’s Foreign Secretary Harsh Shringla and Indian Army Chief MM Naravane during their joint visit to Myanmar this week.
Pavilion Energy and Gasum to develop global LNG bunkering network
Pavilion Energy Singapore and Gasum have agreed to collaborate to develop a global LNG bunker supply network for their customers in Singapore and Northern Europe, including Amsterdam, Rotterdam, and Antwerp.
Energy heavyweight Medco books $95m loss in first half
PT Medco Energi Internasional, Indonesia’s second-biggest homegrown oil and gas company, booked a US$95 million loss in the first half of this year, following a collapse in domestic and global energy demand.
Singapore plans to license more LNG bunker suppliers
The Maritime and Port Authority of Singapore (MPA) will launch a Request For Proposals (RFP) process in the coming weeks, to appoint additional LNG bunker suppliers as part of a plan to support the growing demand for LNG bunkers and increase the number of licensed LNG bunker suppliers in the country.
Neighbourhood First: India to invest USD 6 bn for setting up a Petroleum refinery in Myanmar
India has proposed to construct a petroleum refinery in Thanlyn region near Yangon, and is planning to invest USD 6 billion. “The project which could be a win-win arrangement for both countries, as of now has IOCL expressing its interest in the project,” sources told Financial Express Online.
Singapore says LNG bunkering capacity likely to hit 1 mln tonnes by 2021
Singapore’s annual liquefied natural gas (LNG) bunkering capacity is expected to hit 1 million tonnes by 2021, as the world’s largest marine refuelling hub transitions toward cleaner shipping fuels, a senior minister of state said on Tuesday.
Gas Malaysia remains committed to fuelling the nation with clean energy
GUIDED by its vision to be an innovative value-added energy solutions provider, Gas Malaysia Bhd, a member of MMC Group, stayed resilient and managed to mitigate the unprecedented impact brought by the Covid-19 pandemic. During the Movement Control Order (MCO) period, Gas Malaysia’s industrial customers’ businesses, which amount to about 99% of its total gas […]
