First of Several LNG-Fueled Power Plants Comes Online in Vietnam
PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located in Dong Nai province, near Ho Chi Minh City in southern Vietnam.
Gasoline prices will not fluctuate much in 2025: expert
HÀ NỘI — Global gasoline prices will not fluctuate much in 2025, according to Đoàn Quyết Tiến, an expert from the Vietnam Petroleum Institute (VPI).
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.
