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.
Indonesia awards Central Andaman, Amanah, Melati oil and gas blocks
Indonesia awarded three oil and gas blocks on Tuesday out of five blocks offered in the first round of auctions this year, the energy ministry said in a statement.
LNG tankers line up at Malaysia’s Bintulu complex after maintenance
A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia’s Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.
Oil prices up effective Sept. 3 as country reels from ‘Enteng’
Oil firms are set to increase prices on Tuesday (September 3) while the country grapples with the effects of Tropical Storm Enteng and the southwest monsoon.
Philippines: Positive results seen in drilling of 2 new Malampaya gas wells
Efforts by the Prime Energy-led consortium to drill new gas wells at the Malampaya project off Palawan province next year would prolong the life of the country’s sole natural gas field, a lawmaker said.
Thailand and Indonesia Sharing Knowledge on Upstream Oil and Gas Data Management
ASIATODAY.ID, JAKARTA – A delegation from the Department of Mineral Fuels (DMF) Thailand visited the upstream oil and gas data management storage, the Pertamina Upstream Data Center for Energy and Mineral Resources Data and Information Technology, South Tangerang.
