High costs, legal impasses hinder Vietnam’s LNG energy production
Too many variables and over-reliance on imports have been hindering Vietnam’s plan to build power plants running on liquefied natural gas (LNG), industry experts have said.
Malaysia’s Petronas to trade some Canadian, US LNG in spot market
Malaysia’s state energy firm Petronas plans to reserve some liquefied natural gas (LNG) from its share of a joint venture in Canada to trade in the spot market, a senior executive said.
Delving into natural gas’ future in energy transition program
The Indonesian government has adopted an energy transition program that aligns with the Paris Agreement’s goal to reduce domestic greenhouse gas emission by 314 million tons of carbon dioxide equivalent by 2030.
House energy panel chair Mikey Arroyo lauds BBM negotiation with OPEC
MANILA, Philippines — House energy committee chairman and Pampanga 2nd District Rep. Juan Miguel “Mikey” Arroyo has lauded the move of President-elect Ferdinand “Bongbong” Marcos to negotiate with the Organization of Petroleum Exporting Countries (OPEC) to address the alarming rise in oil prices.
Angkor Resources Undertakes Inspection and Assessment of Offshore Cambodian Oil Field
Executive VP Operations of Angkor, and President of EnerCam, Mike Weeks, at the request of government officials of Ministry of Energy in the Kingdom of Cambodia, has led a technical assessment and inspection of the offshore production facilities and drilling platform, located 160 kms from Sihanoukville at the offshore oil field in the Khmer Basin […]
Malaysia’s Fast Energy Seeks to Take Majority Stake in Bunker Trader CCK Petroleum
Malaysian marine fuels and energy firm Fast Energy is proposing to take a majority stake in bunker trading company CCK Petroleum.
Sapura Energy most active, hits five-month high amid talk of financial assistance
Shares in Sapura Energy Bhd touched a five-month high of 10 sen on Monday (May 23) and the counter emerged as the most actively traded stock in the local bourse. The stock opened two sen or 28.57% higher at nine sen and rose to a high of 10 sen.
Risks rise for Thai power sector as PTTEP struggles with gas supply challenges, warns Fitch
Thailand’s state-backed upstream player PTT Exploration & Production (PTTEP) is facing significant gas supply challenges that pose further downside risks to the Southeast Asian nation’s gas power sector, warned Fitch Solutions. Thailand’s power sector is already facing downward pressures from strained import supply from Myanmar, which is a major exporter of natural gas to Thailand. […]
