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.
US, Vietnam energy firms sign agreements worth over $4 bln
U.S and Vietnamese energy companies on Thursday signed agreements worth $4.15 billion during a working trip of Vietnamese Special Envoy of the Prime Minister and Minister of Industry and Trade Nguyen Hong Dien to the United States.
EnerCam secures final approval for Cambodian Block VIII onshore project
Angkor Resources subsidiary EnerCam Resources has received final approval to proceed with the onshore oil and gas development project in Cambodia’s Block VIII.
Indonesia to Build Oil Refineries with Total Capacity of 1 Million bpd, Minister Says
TEMPO.CO, Jakarta – Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.
Vitol agrees deal to ship more than 100 LNG cargoes into the Philippines
Trader and shipowner Vitol has sealed an agreement to supply the Philippines with more than 100 LNG cargoes over 10 years. The company said it had signed a long-term gas supply deal with LNGPH, backed by South Premiere Power Corporation (SPPC) and Excellent Energy Resources Inc (EERI).
