EnerCam secures final approval for Cambodian Block VIII onshore project
Angkor Resources subsidiary EnerCam Resources has received final approval to proceed with the onshore oil and gas development project in Cambodia’s Block VIII.
Indonesia to Build Oil Refineries with Total Capacity of 1 Million bpd, Minister Says
TEMPO.CO, Jakarta – Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.
Vitol agrees deal to ship more than 100 LNG cargoes into the Philippines
Trader and shipowner Vitol has sealed an agreement to supply the Philippines with more than 100 LNG cargoes over 10 years. The company said it had signed a long-term gas supply deal with LNGPH, backed by South Premiere Power Corporation (SPPC) and Excellent Energy Resources Inc (EERI).
Petrovietnam to Boost Energy RE Cooperation With Petronas
Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) plans to expedite cooperation in Vietnam’s energy gas sector, encompassing upstream, and downstream activities, gas and renewable energy (RE) to enhance collaboration in power generation and grid connectivity from Vietnam to Malaysia.
Shell taps Noble’s 2013-built rig for Asian offshore drilling assignment
Brunei Shell Petroleum, a subsidiary of the UK-headquartered energy giant Shell, has booked a drillship owned by Noble Corporation, a U.S.-based offshore drilling player, for a drilling campaign off the coast of Brunei in Southeast Asia, on the northern coast of the island of Borneo.
Big-time price rollback for gasoline, kerosene on March 11
MANILA – For two consecutive weeks, oil firms will slash pump prices effective March 11, with biggest cuts on gasoline and kerosene prices. In separate advisories, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil, and Shell said they will reduce gasoline prices by PHP1.70 per liter and 90 centavos per liter for diesel.
Shell Launches Next Phase of Malaysia’s Deepwater Project with First Oil Production
Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development off Malaysia.
PV GAS to provide clean energy for key power plants for 25 years
The corporation recently signed a contract with Petrovietnam Power Corporation (PV Power) to provide LNG power for the commercial operations of Nhon Trach 3 and 4 thermal power plants, which PV Power manages, for 25 years.
