PV GAS to provide clean energy for key power plants for 25 years
The corporation recently signed a contract with Petrovietnam Power Corporation (PV Power) to provide LNG power for the commercial operations of Nhon Trach 3 and 4 thermal power plants, which PV Power manages, for 25 years.
Valeura Energy completes Manora field drilling
Valeura Energy Inc. completed a five-well infill drilling campaign comprising three production- wells and two appraisal wells at Manora field in License G1/48 offshore Gulf of Thailand.
Gasoline, diesel, kerosene pump prices down Tuesday
Motorists will be greeted with cheaper pump prices this week, as fuel retailers are set to implement a rollback on Tuesday, but this will not be enough to offset the increases that have been made so far this year.
Sapura Energy bags drilling contracts totalling US$720m
Malaysia’s Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts with a combined value of approximately MYR3.2 billion (US$720 million) including options.
Brunei projects US$1.82bil in revenue from oil and gas in new fiscal year
BANDAR SERI BEGAWAN (Xinhua): Brunei’s government revenue for the 2025/2026 fiscal year is expected to reach 3.26 billion Brunei dollars (US$2.42 billion U.S. dollars), with 75 pe rcent, or 2.45 billion Brunei dollars (US$1.82 billion) coming from the oil and gas sector, a government minister has announced.
Hydrocarbons still a key driver for Brunei’s economy
KUCHING (Feb 26): Brunei Darussalam’s hydrocarbons sector remains a key driver of its economy and continues to play a vital role in meeting global energy demand.
Petrovietnam to complete central processing platform for Block B project in 2025
Petrovietnam and its technical arm PTSC aim to build and install various key facilities of the mega Block B gas project by end-2025, the state-owned energy giant said last week.
Feb. 25: Gasoline, diesel, kerosene up for 2nd straight week
MANILA, Philippines — Motorists should brace for a fuel price hike for the second consecutive week, starting Tuesday, February 25. Oil firms will increase gasoline prices by P0.70 per liter, diesel by P0.40 per liter and kerosene by P0.20 per liter.
