Cambodia chalks up five oil wells
Singapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-chalks-five-oil-wells
Oil exploration in Cambodia
In Southeast Asia, Cambodia is one of the countries rich in natural resources—gemstones, gas, oil, phosphates, manganese, iron ore and timber.1 Since the early 2000s, many companies like Thailand’s PTT, Petro Vietnam and China National Offshore Oil Corp (CNOOC) have searched for possible oil reserves ...
KrisEnergy may face action: Gov’t official
Following the announcement last week by KrisEnergy Ltd of less-than-anticipated results from oil production at the Apsara Mini Phase 1A development, a senior official from the Ministry of Mines and Energy said the government could penalise the company or terminate its licence. ...
Sok Chan
https://www.khmertimeskh.com/50834110/krisenergy-may-face-action-govt-official/
Research centre adds solar power station in Siem Reap
The Ministry of Environment and the UN Development Programme (UNDP) in Cambodia officially launched a solar power plant and battery storage system at the Kesor Kol Sok An Phnom Kulen Research and Conservation Centre on Kulen mountain in Siem Reap province. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/research-centre-adds-solar-power-station-siem-reap
Experts map benefits of alternative energy in face of future demand
Several reports have shed light on the benefits of renewable energy adoption in the creation of jobs and providing cheaper, cleaner electricity while reducing the risks associated with climate change. ...
Tom Starkey
https://www.khmertimeskh.com/50817010/experts-map-benefits-of-alternative-energy-in-face-of-future-demand/
Press release: Updates on Apsara oil field development and restructuring exercise
On 31 March 2021, the KrisEnergy company issued a press release on the updates on Apsara oil field development and restructuring exercise aims to provide all stakeholders regarding the development and production performance of the KrisEnergy on Apsara oil field in Block A, offshore Cambodia, ...
KrisEnergy company
Indebted oil company reports lower-than-expected oil at Cambodian block
KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...
Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/
Government ‘calm’ as KrisEnergy stumbles
As KrisEenergy struggles to stay afloat, reports of investor “vultures” targeting purchasing the company’s assets have appeared, while the local government remains cautiously optimistic about the conundrum, noting that operations in the Khmer Basin are still “running smoothly”. ...
Husain Haider
https://www.khmertimeskh.com/50845534/government-calm-as-krisenergy-stumbles/
First crude oil shipment due this month
Singapore-based KrisEnergy will make its first shipment of crude oil to international markets this month with a batch of up to 300,000 barrels, according to Cheap Sour, director-general of Petroleum at the Ministry of Mines and Energy. ...
Chea Vanyuth
https://www.khmertimeskh.com/50859589/first-crude-oil-shipment-due-this-month/
KrisEnergy approaches end of the line
KrisEnergy’s oil production dreams in the Khmer Basin appear to be dead in the water after the oil and gas company revealed it was not able to form a viable debt restructuring plan and will lose its revolving line of credit from Singapore-based DBS Bank. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50842923/krisenergy-approaches-end-of-the-line/
Kingdom commits to produce more renewable energy
Cambodia is committed to incorporating more renewable energy into a new Ministry of Mines and energy master plan, to mitigate the carbon footprint of the Kingdom’s socio-economic development, according to minister Suy Sem on September 16. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-commits-produce-more-renewable-energy
Indonesian navy seizes tanker wanted in Cambodia oil heist
Indonesia’s navy on August 25 said it has seized a tanker and its crew who were wanted on charges of stealing nearly 300,000 barrels of crude oil from Cambodia’s reserves. ...
AFP
https://www.phnompenhpost.com/business/indonesian-navy-seizes-tanker-wanted-cambodia-oil-heist
Cambodia committed to join research on safe, sustainable and affordable energy sources
Cambodia is ready to participate in research on safe, sustainable and affordable energy sources to contribute to dealing with climate change issue. ...
Khmer Times Staff
https://www.khmertimeskh.com/50960524/cambodia-committed-to-join-research-on-safe-sustainable-and-affordable-energy-sources/
New solar power plants of 495 MW to come online in 2023
Seven solar power plants of 495 megawatts will be online in 2023 pushing up the supply of such source to represent 20 percent of the total installed power capacity. ...
Khmer Times Staff
https://www.khmertimeskh.com/50964110/new-solar-power-plants-of-495-mw-to-come-online-in-2023/
SDG 7 Affordable and clean energy
SDG 7 – “Ensure access to affordable, reliable, sustainable and modern energy for all” – has a monitoring framework with five targets and six indicators. These will be used to monitor progress toward achieving global sustainable energy access as part of the 2030 Agenda. ...
Lao Govt, CGN to develop a clean energy comprehensive project
A Memorandum of Understanding for a six-month feasibility study for clean energy comprehensive project in three northern provinces of Phongsaly, Luang Namtha and Oudomxay was signed in Vientiane last week between Deputy Minister of Planning and Investment Mrs Phonevanh Outhavong and president of CGN energy ...
Energy policy and administration
The main laws and policies that govern the electricity supply in Lao PDR are: The Electricity Law 1997, amended in 2012. This governs electricity generation and distribution in Lao PDR. It sets standards for the administration, production, distribution, transmission and imports/exports of electricity.101The Power Sector ...
Conference urges Cambodia to boost energy efficiency
Officials at a recent energy conference in Phnom Penh stressed that Cambodia needed to use energy more efficiently to meet regional goals, boost economic development and lower overall harm to the environment. More than 150 energy officials from the public and private sectors came together for ...
Expert: Law on renewable energy needed
A law on renewable energy is needed to ensure sustainable and effective development of renewable energy, according to Dr. Duong Duy Hoat from the Institute of energy Science. The Government needs to instruct ministries, sectors and localities to make plans for developing renewable energy on the ...
Cambodia jumps 12 spots in global energy sustainability survey
Cambodia’s ranking in the latest global energy sustainability survey has improved dramatically, indicating that the Kingdom’s efforts to solve its energy woes and providing an adequate power supply are making headway. This also means that Cambodia, which suffered a crippling power problem a few months ago, ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50649231/cambodia-jumps-12-spots-in-global-energy-sustainability-survey/