DOE expects fuel rollbacks as high as P3 per liter next week
Consumers can expect to see rollbacks in gas, diesel and kerosene from July 5 to 11, according to estimates from the Department of Energy (DOE).
Thailand needs ‘shale’ gas moment as energy crisis deepens on PTTEP’s watch
Thailand’s upstream natural gas sector is struggling to reverse falling output due to bad planning and policy from the government, coupled with a seeming lack of innovation at PTT Exploration & Production (BKK:PTTEP), a state-backed company, that is taking increasing control of the country’s gas resources.
Petronas’ Yetagun gas project exit will benefit junta
Petronas, the existing operator of the Yetagun gas project has handed the project over to Gulf Petroleum Myanmar (GPM), according to campaign group Justice for Myanmar.
Vietnam plans to cut MFN tariff on gasoline to fight inflation
Vietnam plans to cut its Most Favoured Nation (MFN) tariff on gasoline to 12% from 20% to help ease inflationary pressure, the government said on Thursday.
Malaysia urges palm oil mills to resume production despite price drop
MALAYSIAN authorities on Tuesday called on palm oil millers to resume production and buy oil palm fruits from farmers, after a recent plunge in prices of the edible oil prompted some companies to halt processing.
Offloading of first LNG starts at PTT-led Nong Fab terminal in Thailand
The PTT-operated Nong Fab liquefied natural gas (LNG) regasification terminal in Thailand has started offloading its first LNG from a carrier, contractor Saipem reported on June 24.
Petronas subsidiary signs PSC for Indonesian offshore and onshore block
Malaysian oil and gas company Petronas’ subsidiary Petronas North Ketapang has signed a production sharing contract (PSC) for the North Ketapang Block in Indonesia.
Indonesia’s fiscal support for fossil fuels too large: IISD
The Indonesian government’s fiscal support for fossil fuels is still too large, so it has the potential to slow down the energy transition and drain the public budget, according to the International Institute for Sustainable Development (IISD).
