Economic woes continue to batter Brunei as oil output hits record low
Brunei’s crude oil production plunged to a record low in the third quarter of 2021 as the second COVID wave took a toll on the economy, which shrank for the fourth consecutive quarter. The Brunei economy sunk deeper into recession after posting a negative growth of 2.2 percent in Q3 2021, according to the Department […]
Will policies to promote renewable electricity generation be effective? Evidence from panel stationarity and unit root tests for 115 countries
Brunei reaffirms commitment to climate action
The 26th Session of the United Nations (UN) Climate Change Conference (COP 26) continues in Glasgow, Scotland.
Renewables to make up 30% of Brunei’s power generation by 2035 -minister
Oct 25 (Reuters) – Brunei aims to meet 30% of itsoverall power generation mix with renewable energy by 2035, Energy Minister Awang Haji Mat Suny bin Haji Md Hussein said on Monday, as the country aims to accelerate progress towards greener energy.
Brunei banks on technology to preserve its economic lifeline: fossil fuel
Brunei Darussalam’s renewable energy policy is as modest as its hydrocarbon strategy is ambitious. The petrostate is banking on technology to reduce its carbon footprint to preserve its ambitious expansion of oil and gas activities.
IMF Concludes 2021 Article IV Consultation with Brunei Darussalam
Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1]with Brunei Darussalam.
Covid threatens to derail Shell’s oil and gas output in Brunei
Brunei Shell Petroleum has rolled out measures in an attempt to ward off disruptions to oil and gas production in Brunei following a significant number of Covid-19 infections detected at offshore platforms in the Champion field, the country’s biggest source of hydrocarbons. The latest surge in Covid-19 cases is particularly concerning as it marks the […]
Brunei: Measures rolled out to ward off disruptions to oil and gas production
BANDAR SERI BEGAWAN, Sept 7 (Borneo Bulletin/ANN): Measures have been implemented to ensure no disruptions to the production of oil and gas amid worrying number of Covid-19 positive patients in the Champion-7 Cluster.