- Oil & Gas
4 March 2025
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- Thailand
Valeura Energy Inc. completed a five-well infill drilling campaign comprising three production- wells and two appraisal wells at Manora field in License G1/48 offshore Gulf of Thailand.
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Valeura Energy Inc. completed a five-well infill drilling campaign comprising three production- wells and two appraisal wells at Manora field in License G1/48 offshore Gulf of Thailand.
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Vietnamese electric vehicle giant VinFast is optimistic about the growth potential in the Philippine market. In late February, it signed a Memorandum of Understanding (MOU) with Motech, an automotive service center, aiming to help Motech’s 63 service centers in the country achieve professional certification to provide after-sales services for VinFast electric vehicles and strengthen its customer base.
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Motorists will be greeted with cheaper pump prices this week, as fuel retailers are set to implement a rollback on Tuesday, but this will not be enough to offset the increases that have been made so far this year.
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Malaysia’s Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts with a combined value of approximately MYR3.2 billion (US$720 million) including options.
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The Philippines, through the Department of Energy (DOE), and the Republic of Korea have officially kicked off the 2024/25 Knowledge Sharing Program (KSP), a key bilateral initiative aimed at fostering energy cooperation and building a secure, resilient energy system for the future.
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Singapore reached the 2025 Solar Target beforehand by deploying 1.5 gigawatt-peak (GWp) of solar power by the end of 2024, as announced by Senior Minister Teo Chee Hean in the earlier parliament session on February 28, 2025. This is triple the capacity from 2020, showcasing rapid progress.
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BANDAR SERI BEGAWAN (Xinhua): Brunei’s government revenue for the 2025/2026 fiscal year is expected to reach 3.26 billion Brunei dollars (US$2.42 billion U.S. dollars), with 75 pe rcent, or 2.45 billion Brunei dollars (US$1.82 billion) coming from the oil and gas sector, a government minister has announced.
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The government’s latest decree exempts electric vehicles from registration fees until 2027, encouraging greener transport options.