Giant China-Brunei joint venture enters trial operation phase
BANDAR SERI BEGAWAN, May 3 (Xinhua) — After the successful unloading of the first crude oil shipment on Thursday night, the oil refinery and petrochemical plant at Pulau Muara Besar (PMB), the biggest joint venture between China and Brunei, officially enters the stage of trial operation and production, a senior Hengyi official said on Friday. […]
Oiling change
Royal Dutch Shell has cover to take the moral high ground in Brunei. A corporate governance group, which counts big-name investors like Standard Life Aberdeen as members, wants the $260 billion energy giant to use its clout in the tiny Southeast Asian state to press for gay rights. Shell will be cautious of fallout elsewhere, […]
Localising energy sector: Brunei looks to learn from Oman’s experience
BRUNEI Darussalam is looking to learn from Oman on how it implements its localisation strategies for the oil and gas industry, to help achieve the goals of the Bruneianisation Directive, Brunei’s very own localisation drive for the sector. Speaking at the opening ceremony of the two-day 3rd Brunei-Oman Joint Seminar at the Banquet Hall of […]
Bangladesh, Brunei strike seven deals
Dhaka and Bandar Seri Begawan yesterday signed seven instruments to step up cooperation in the fields of agriculture, fisheries, livestock, culture, sports and LNG supply. The deals were signed after an official bilateral meeting between Prime Minister Sheikh Hasina and Brunei Sultan Hassanal Bolkiah at the latter’s official residence here. The ministers concerned of the […]
Brunei car ownership completely saturated: ASEAN
Car ownership in Brunei is saturated and the sultanate stands to benefit from fuel economy policies over time, according to a publication of the Association of Southeast Asian Nations (ASEAN). The “ASEAN Fuel Economy Roadmap for Transport Sector 2018-2025: with Focus on Light-Duty Vehicles,” released recently, shows Brunei has fully saturated its vehicle ownership, being […]
Brunei earmarks 1.2 bln USD for oil, gas exploration
Brunei has earmarked 1.65 billion Brunei dollars (1.2 billion US dollars) for the development of new oil and gas fields and the acceleration of exploration activities this year as it sets its sights on increasing petroleum production by 30 percent over the next five years. Minister of Energy, Manpower and Industry Hj Mat Suny said […]
Brunei eyes to curb motor fuel use with new rules
Brunei will be introducing a fuel economy regulation to reduce the country’s carbon dioxide emissions and fuel subsidies. Minister of Energy, Manpower and Industry Hj Mat Suny said they will work with the Ministry of Transport and Infocommunications to come out with the regulation that is expected to be launched in 2023. “It will be […]
Brunei, Korea sign three agreements vowing deeper cooperation
BANDAR SERI BEGAWAN – The leaders of Brunei and South Korea on Monday vowed to deepen cooperation, signing three memoranda of understanding (MoU) to enhance cooperation in investment, science and technology and intellectual property. His Majesty Sultan Haji Hassanal Bolkiah hosted President Moon Jae-in for talks at Istana Nurul Iman, saying the latter’s state visit […]
