Indonesia to divert LNG cargoes to local buyers in April-May, adjust Singapore exports
JAKARTA, April 9 (Reuters) – Indonesia’s upstream oil and gas regulator SKK Migas will during April and May divert five export cargoes of liquefied natural gas to domestic buyers, its chief said on Wednesday.
Petrovietnam, Petronas Extend PSC for Offshore Block
Vietnam’s state oil firm Petrovietnam and Malaysia’s Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday.
Gas, kerosene price rollback set April 8; diesel unchanged
MANILA, Philippines — Motorists can see a small break from rising oil prices this week as fuel retailers will implement a rollback for gasoline and kerosene, while there will be no price movement for diesel.
Petroleum Trading Lao revolutionises fuel access
Petroleum Trading Lao Public Company (PTL), established by prominent business figures Chanthone Sitthixay and his better half Savanhthong Phongsavanh, has achieved outstanding goals in terms of ensuring Laos’ overall socio-economic development. The company supplies over 265 million litres of fuel to its consumers annually through its 118 service stations and five branches across the country. […]
Fuel consumption climbs 2.8% in January
Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
Jadestone Energy submits plan to develop offshore gas fields in Vietnam
March 18 (Reuters) – Singapore-based oil and gas development company Jadestone Energy PLC (JSE.L) has submitted a plan to state-controlled PetroVietnam to jointly develop two offshore gas fields in southwest Vietnam, it said on Tuesday.
Fuel price rollback set on March 18
MANILA, Philippines – Motorists will be greeted with another round of petroleum price rollbacks beginning March 18, marking the third consecutive week of price drops. In separate advisories on Monday, Seaoil and Shell Pilipinas said the per-liter prices of diesel and kerosene would dip by 20 centavos and 40 centavos, respectively.
Petronas says still in talks with Sarawak over gas aggregator role
[KUALA LUMPUR] Malaysia’s state energy firm Petronas said on Saturday (Mar 15) it is continuing discussions with multiple stakeholders following a report that negotiations over the ongoing gas aggregator role with Petros have reached a deadlock.
