Brunei must improve power efficiency and curb high consumption: PMO
BANDAR SERI BEGAWAN – Brunei is working to boost its power generation efficiency from the current rate of 28% to 50% by 2035, the Minister at the Prime Minister’s Office told the Legislative Council on Tuesday.
Shell taps Noble’s 2013-built rig for Asian offshore drilling assignment
Brunei Shell Petroleum, a subsidiary of the UK-headquartered energy giant Shell, has booked a drillship owned by Noble Corporation, a U.S.-based offshore drilling player, for a drilling campaign off the coast of Brunei in Southeast Asia, on the northern coast of the island of Borneo.
Brunei cuts carbon emissions by 15% amid climate action efforts
BANDAR SERI BEGAWAN – Brunei has successfully reduced greenhouse gas emissions by 15% compared to the business-as-usual scenario, following the implementation of climate change mitigation strategies, the Second Minister of Finance and Economy said Monday.
Brunei projects US$1.82bil in revenue from oil and gas in new fiscal year
BANDAR SERI BEGAWAN (Xinhua): Brunei’s government revenue for the 2025/2026 fiscal year is expected to reach 3.26 billion Brunei dollars (US$2.42 billion U.S. dollars), with 75 pe rcent, or 2.45 billion Brunei dollars (US$1.82 billion) coming from the oil and gas sector, a government minister has announced.
Hydrocarbons still a key driver for Brunei’s economy
KUCHING (Feb 26): Brunei Darussalam’s hydrocarbons sector remains a key driver of its economy and continues to play a vital role in meeting global energy demand.
Brunei unveils first licensing round for more than a decade
Brunei Darussalam in 2025 is offering two offshore blocks for competitive bidding in a rare licensing exercise — its last bid round was more than a decade ago — which the government hopes will whet players’ appetites and spur an exploration renaissance in the mature hydrocarbon province.
Maritime rivals China and Brunei vow to work together on oil and gas in disputed waters
China and Brunei have pledged to work together on oil and gas exploration in the South China Sea, though a Chinese analyst noted that more negotiations were needed for energy cooperation to move forward.
Sarawak to increase electricity exports to Sabah, Brunei by leveraging on CCGT facilities in Miri, Bintulu
KUCHING, Jan 13: Sarawak plans to increase electricity exports to Sabah and Brunei by leveraging its Combined Cycle Gas Turbine (CCGT) facilities in Miri and Bintulu.
