Venezuelan Oil Company PDVSA Signs Agreement With Indonesia
In mid-January, the Energy Ministry of Indonesia and the Venezuelan Oil Ministry signed a Memorandum of Understanding (MoU) for cooperation in oil and gas in Caracas
Oil and gas counters gaining traction
Investors have been nibbling at selected oil and gas (O&G)-linked counters on Bursa Malaysia, with several stocks trading at or near one-year high on the recent rebound in oil prices and improved work activities outlook in key sub-segments and Malaysia.
Jadestone Outlines Gas Sale Terms with PV Gas for Fields Offshore Vietnam
Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation (PV Gas) for the gas sales and purchase agreement (GSPA) relating to the Nam Du and U Minh gas fields offshore Vietnam.
Tokyo Gas establishes LNG-to-power project in Vietnam
Three companies from Japan and Vietnam have joined forces to establish a new LNG-to-power project offshore Vietnam. Japanese fuel majors Tokyo Gas and Kyuden have established a joint venture (JV) with Vietnam’s Truong Tan Vietnam Group to develop the project in the Thái Bình province in the north of Vietnam.
Tokyo Gas and partners to work on LNG-to-power project in Vietnam
Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam.
Natural gas finding may boost Indonesia’s energy potential: observer
Indonesia has the opportunity to meet its energy needs independently and play an influential role on the global stage by utilizing its natural gas potential, according to Rystad Energy, an energy research firm.
Pertamina Wins Auction to Work on Block SK510 in Malaysia
PT Pertamina Malaysia Exploration Production (PMEP) and its partners won the bid to work on the SK510 exploration block in Malaysia through the annual Malaysia Bid Round (MBR) of 2023.
Jokowi Asks Tanzanian President to Open Negotiations on LNG, Fertilizer Investment
Indonesian President Joko Widodo or Jokowi highlighted investment cooperation in the oil and gas sector during a meeting with Tanzanian President Samia Suluhu Hassan at the Bogor State Palace, West Java, on Thursday, January 25. He expressed hope that the partnership would be strengthened further.
