Indonesia Asks Exxon To Boost Oil Production
Indonesia on Monday asked U.S. supermajor ExxonMobil to raise its crude oil production in the country to 150,000 barrels per day (bpd) in 2026, up from 125,000 bpd, Bahlil Lahadalia, Indonesia’s Minister of Energy and Mineral Resources, said.
Natural Gas News Vietnam’s first LNG power plant to start commercial operations from April, 5 months behind target
Vietnam’s first power plant using solely liquefied natural gas (LNG) is expected to start commercial operations from April next year, state media reported on Thursday, five months later than the previous target date.
Vietnam PTSC, US Excelerate Energy to cooperate in LNG imports into Vietnam
PTSC, the technical arm of state-owned Petrovietnam, and Texas-based liquefied natural gas (LNG) importer Excelerate Energy, will jointly study solutions for LNG imports into Vietnam.
Draft seeks to better regulate fuel prices
A draft law to empower energy authorities to better regulate domestic oil and cooking gas prices is progressing towards parliament for approval, which could be a key energy policy under the nascent Paetongtarn Shinawatra regime.
Cambodia sees fuel price decline
Cambodia has recorded a drop in the retail prices of gasoline and diesel over the last 30 days, the Ministry of Commerce said on Wednesday.
New energy law to allow for monthly oil price adjustment only
The Energy Ministry is drafting a new Energy Act that will put an end to basing domestic energy prices on global prices and allow any adjustments to oil prices just once a month.
Negotiations Continue On Sarawak’s Natural Gas Distribution, Says Petronas
Petroliam Nasional Bhd (Petronas) has reiterated that it is still in discussions with both Sarawak and the federal goverment, as well as Petroleum Sarawak Bhd (Petros), toward achieving mutual resolution regarding the distribution of natural gas.
Central Vietnam province calls for investment in $2.4 bln LNG-fired power plant
Nghe An will organize a meeting this Friday with potential investors for the $2.4-billion Quynh Lap LNG-fired power plant in the central Vietnam province, its Department of Industry and Trade has announced.
