Oil and gas resources

Singapore-listed oil and gas firm KrisEnergy says it is ready to sign an agreement with the Cambodian government after completing details of a revised sharing contract for the Block A oilfield. Kelvin Tang, president of KrisEnergy Cambodia, wrote to Khmer Times on April 6 saying that ...

Executives at Singapore-listed energy firm KrisEnergy Ltd say they have settled terms with the Cambodian government and are ready to sign a long-awaited production-sharing agreement that would pave the way for the first-ever extraction of petroleum from Cambodian territorial waters. Kelvin Tang, KrisEnergy’s chief operating ...

Nearly a decade in the making, a project to pump oil 770 km across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the opening of a new oil trading route. Dogged by sensitive relations ...

A British company has created a joint-venture with a Myanmar firm to enter the marine industry as well as oil and natural gas sector. Representatives from the UK firm, James Fisher and Sons, and the Myanmar firm Royal Marine Technology Co Ltd, signed a memorandum of ...

Despite the eventual decline of three offshore gas projects, attempts are being made to supply 480 million cubic feet per day in summer, according to managing director of Myanma Oil and Gas Enterprise U Myo Myint Oo on March 3. “A plan has been arranged to ...

Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. The oil and gas company posted $237.1 million in net losses for the 2016 fiscal ...

The imposition of Criminal Act 144 in Minbu district, Minbu township Mann oil refinery and oil refineries from Tauksharpin-Kanniyay, Magwe Region will not be suspended pending the enactment of other laws to safeguard the areas, said Deputy Minister for Home Affairs Major General Aung Soe. ...

Despite their stated aim of boosting low-carbon growth, World Bank policy loans to countries like Indonesia are creating subsidies for coal, gas and oil projects, according to a report released today by the nonprofit Bank Information Center. At the same time, these policy programs undercut ...

Vietnam Oil and Gas Group topped the list of 500 leading companies announced at a ceremony in Hà Nội on January 19. It was followed by Samsung Electronics Vietnam Co Ltd, Viettel Group, Electricity of Việt Nam, and the Vietnam National Petroleum Group. The annual event, ...

Sharply decreasing Liquid Natural Gas (LNG) output and increasing prices of new gas resources are forcing Việt Nam to look to increase LNG imports. The country is expected to import five million tonnes of LNG by 2025. The figure is expected to increase to 11 ...