Indonesia to Offer 60 Oil and Gas Blocks with Competitive Incentives
TEMPO.CO, Jakarta – Indonesian government aims to offer up to 60 oil and gas blocks to investors over the next two years, accompanied by a more competitive incentive scheme.
Philippines: Fuel prices up for gasoline, down for diesel and kerosene from August 19
Manila: Motorists will face mixed pump price adjustments this week, with petrol (gasoline) set to rise while diesel and kerosene become cheaper.
Saipem gets the ball rolling on BP’s $7 billion integrated project off Indonesia
Italy’s engineering, drilling, and construction services giant Saipem has held the first steel-cutting ceremony for an integrated project operated by the Indonesian subsidiary of the U.K.-headquartered energy giant BP at its fabrication yard in Karimun, Indonesia.
Indonesia Shifts Coal Export Strategy As Demand Lags
The world’s biggest coal exporter, Indonesia, is looking to diversify in more Asian markets as it faces declining import demand from the top regional – and global – buyers, China and India.
Petronas to expand LNG exports despite rising domestic demand
Petroliam Nasional is seeking to expand its liquefied natural gas exports to growing Asian markets while also supporting Malaysia’s rising energy needs, which are partly driven by a data centre boom.
Conrad advances seismic, drilling, and farm-in plans for Indonesian assets
Singapore-headquartered natural gas player Conrad Asia Energy has provided operational and resource updates for its two production sharing contracts (PSCs) in Indonesia.
Indonesia’s Coal Exports Decline as China and India Boost Domestic Output
TEMPO.CO, Jakarta – The Association of Energy, Mineral, and Coal Suppliers of Indonesia (Aspebindo) revealed that the decline in coal exports during the first half of this year was due to reduced demand from the main importers, China and India.
Brunei to launch new downstream petrochemical plant in 2027, says minister
BANDAR SERI BEGAWAN (Xinhua): A new oil and gas downstream project is expected to start operating by 2027 in Brunei, a government minister said at the Legislative Council this week.
