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.
Natural Gas Bill: Understanding priority for ‘Filipino gas’
MANILA, Philippines—As the Philippines continues to grapple with the challenges of energy security and sustainability, lawmakers are pushing forward with Senate Bill (SB) No. 2793, also known as the proposed “Philippine Natural Gas Industry Development Act.”
B.Grimm Power becomes first private company in Thailand to import LNG
The imported LNG will be distributed to small power producers (SPP), with the initial supply going to 10 of B.Grimm’s combined cycle co-generation power plants.
Malaysian energy giant Petronas sues South Sudan over local assets deal
Aug 26 (Reuters) – Malaysian state-owned energy giant Petroliam Nasional (IPO-PETO.KL) said on Monday its unit had initiated proceedings against South Sudan for allegedly blocking a $1.25 billion sale of its local assets and instead taking over the business.
Indonesia’s Medco Energi keeps 2024 production guidance
Indonesia’s PT Medco Energi Internasioanl was keeping its 2024 oil and gas production guidance at 145,000 to 150,000 barrels of oil equivalent per day, despite output being above guidance in the first half, an executive said on Monday.
Measures outlined to extend low prices
Thailand could extend low energy prices for another 20-25 years if the country successfully concludes negotiations on joint petroleum production and taps into energy resources in overlapping claims areas (OCAs), according to caretaker Finance Minister Pichai Chunhavajira.
