Singapore’s Rotary Engineering to establish new hub in Brunei, eyes further expansion into Borneo
BANDAR SERI BEGAWAN – Brunei’s government has just inked a joint venture deal with Singapore’s Rotary Engineering Pte Ltd to establish a local subsidiary offering infrastructure services for the domestic oil and gas industry.
PM wants Vietnam’s first LNG power plants online by June as delays loom
Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.
Hefty oil price hike to greet consumers Jan. 7
MANILA – A hefty oil price hike will greet motorists and consumers during the first few days of 2025. Oil firms will increase gasoline and kerosene prices by PHP1 per liter, and make a PHP1.40 per liter increment on diesel on Tuesday.
PHR discovers oil and gas potential in South Sumatra
PT Pertamina Hulu Rokan (PHR) through the drilling of the Rotan River Downloack-1 exploration well in the PHE Jambi Merang working area (WK) in South Sumatra found oil and gas resources from the Baturaja Formation Limestone.
Cambodia announces retail fuel price adjustments for early January 2025
The Cambodian government has officially announced a reduction in retail fuel prices effective from January 1 to January 10, 2025, in response to international market trends and national policies aimed at alleviating the financial burden on its citizens.
Petronas awards four new production sharing contracts under Malaysia Bid Round 2024
KUALA LUMPUR (Dec 5): Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has announced the awarding of production sharing contracts (PSCs) for three discovered resource opportunities (DRO) clusters and one exploration block offered under the Malaysia Bid Round (MBR) 2024, which was launched earlier this year.
Indonesia’s Energy Ministry Offers 6 Oil and Gas Blocks in Second 2024 Auction
TEMPO.CO, Jakarta – The Indonesian Ministry of Energy and Mineral Resources (ESDM) on Tuesday announced the auction for six oil and gas blocks in the second stage of 2024. This auction presents exploration potential, with estimated reserves reaching up to 48 billion barrels of oil equivalent (BOE).
Meralco keen on switch from coal to gas
MANILA, Philippines — Power distributor Manila Electric Co. (Meralco) is scrapping its plans to build two coal-fired power plants in Luzon, opting instead to convert them into gas-powered generation facilities.
