Bill seeks to refocus PNOC investments to exploration
A pending legislative measure is seeking to refocus the investment mandate of state-run Philippine National Oil Company (PNOC) into exploration and production (E&P) ventures in the oil and gas sector, and for it to transform itself as a global champion in that industry similar to the achievements of many of its peers all over the […]
Thailand’s PTTEP eyes more Middle East deals after $2.45bn BP pact
Thailand’s state-backed upstream player PTT Exploration & Production (PTTEP) said Monday that its $2.45 billion deal to buy a 20% stake in one of Oman’s strategic gas fields from UK major BP will pave the way for future investments in the Middle East.
Big LNG boost for Malaysia
Energy giant PTT buys Oman gas stake from BP for B78 bn
BP Plc will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion (77.8 billion baht).
BP sells $2.6bn stake in Oman gas block to Thailand’s PTT
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Can striking oil turn Cambodia’s economy around?
In a Facebook post, Cambodia’s Prime Minister Hun Sen described the country’s first few drops of oil as “a blessing for Cambodia” and “an important first step”.
LNG in Vietnam’s Power Sector
Vietnam is expected to see a rapid expansion in investment in the power generation sector, boosting demand for LNG in southeast Asia in coming years. [NGW Magazine Volume 6, Issue 2]
Petron commits to Philippines’ Bataan refinery
Philippine private-sector firm Petron appears to have secured the tax breaks it was seeking to avert the imminent shutdown of its 180,000 b/d Bataan refinery.
