First crude oil shipment due this month
Singapore-based KrisEnergy will make its first shipment of crude oil to international markets this month with a batch of up to 300,000 barrels, according to Cheap Sour, director-general of Petroleum at the Ministry of Mines and Energy.
Shell inks $380 million deal for its Malampaya, Philippines gas field
Shell Petroleum N.V. has signed an agreement with Malampaya Energy XP Pte Ltd (a subsidiary of Udenna Corporation), for the sale of its 100% shareholding in Shell Philippines Exploration B.V. (SPEX). SPEX holds a 45% operating interest in Service Contract 38 (SC38), which includes the producing Malampaya gas field.
New Thailand LNG import project mooted
Thailand’s PTT and the state-run Electricity Generating Authority of Thailand (EGAT) are reportedly planning to jointly study a liquefied natural gas project utilising a floating storage and regasification unit that would supply volumes to a new power plant.
Shell advances Malaysia drilling campaign
Anglo-Dutch supermajor Shell is firming up plans for a significant drilling campaign offshore Malaysia, one of the company’s core global upstream nations.
Amid Fuel Shortage Concerns, Myanmar Regime Plans to Reopen Old Yangon Oil Refinery
The Myanmar junta is pressing ahead with a plan to reopen a disused oil refinery in Yangon’s Thanlyin Township, which a state-owned Indian company has expressed an interest in taking over.
Myanmar military cashes in on Thai pipeline
Myanmar’s military has received hundreds of millions of dollars from natural gas sales through a financial scheme linked to the Myanmar-Thailand pipeline, a French newspaper has reported.
Malaysia’s Petronas signs first Canadian-indexed LNG deal
SINGAPORE, May 7 (Reuters) – Malaysia’s state-owned Petroliam Nasional Bhd said on Friday it had signed its first liquefied natural gas (LNG) deal using a Canadian pricing indexation as basis.
Malaysia launches 10-year blueprint for oil, gas sector
Malaysia is seeking to steer its oil and gas sector away from uncertainty created by the Covid-19 pandemic, unveiling a 10-year industry plan aimed at thriving in a lower oil price environment and capitalising on the global energy transition.
