Malaysia’s Petronas finds gas in Dokong-1 wildcat exploration well
The firm said the contaminant-free gas find in Dokong-1 in the shallow waters of Baram Province off the coast of Sarawak, revives the Baram shallow clastics play.
Philippines pushing for upstream renaissance
Law makers in the Philippines are seeking to refocus the Philippine National Oil Company’s (PNOC’s) investment mandate towards exploration and production ventures. The move is part of an effort to revive the Southeast Asian nation’s ailing upstream sector and attract new investment as its energy security situation continues to deteriorate.
Thailand’s January LNG imports fall to three-year low
Thailand’s LNG imports hit a three-year low in January, with no receipts from its usual suppliers Australia and Malaysia, even as one of its biggest importers Qatar shipped slightly more during the month.
Singapore’s Pavilion Energy signs 6-year LNG supply deal with Chevron
SINGAPORE, Feb 22 (Reuters) – Singapore’s Pavilion Energy Trading & Supply Pte Ltd said on Monday it signed a six-year sale and purchase agreement with Chevron Corp for about 0.5 million tonnes per year of LNG supplies from 2023.
Human Rights Watch slams Woodside over Myanmar energy developments
Human rights groups have slammed Australian energy giant Woodside after its chief executive said the company would press ahead with a major gas development in Myanmar and suggested the nation’s former civilian leaders ignored the army’s grievances in the lead-up to the military coup.
Woodside says Myanmar coup won’t hit plans
Australia’s Woodside Petroleum sees the military coup in Myanmar as “a transitionary issue” that would not affect its drilling in waters off the Southeast Asian nation, its chief executive says.
New oil price hike: P1.25 per liter
The country’s oil firms raised pump prices anew effective 6 am Tuesday by as much as P1.25 per liter to reflect the movement of prices in the world oil market.
Sapura secures US$456M of offshore contracts
Sapura Energy Berhad has won contracts supporting offshore construction, subsea installations and drilling in the Middle East and southeast Asia
