KrisEnergy edges closer to 1st Q oil production target for Cambodia Apsara oil platform
Company aims to produce oil in 1Q 2020.
Tag: Oil
US-Iran row makes oil market volatile
One of the fallouts of the killing of Iranian general Qassem Soleimani in a US drone attack in Baghdad on Jan 3 is the wildly fluctuating international oil prices.
Oil and gas firms invest less than 1% in green energy
Overall less than 1 percent of the sector’s total investment is going into clean energy.
Crude and gold extend gains, stocks sink on fear of US-Iran war
Oil prices surge, gold hit a more than six-year high.
Fracking leaves heavy footprint in Argentina’s Patagonia
Patagonia is paying a heavy price for Argentina’s economic progress.
KrisEnergy starts oil platform development
KrisEnergy starts the development of facilities for a wellhead platform off Cambodia.
Energy officials get training on oil inspections
Mines Ministry provides its first-ever training to 216 provincial and ministry officials.
First oil to be extracted next year, Hun Sen confirms
Prime Minister Hun Sen says Cambodia is set to get its first drop of oil in 2020.
Oil exploration in Kompong Som Basin off to a promising start
Oil exploration being conducted at the Kompong Som Basin is off to a good start.
PTT keen to export Cambodian crude in future
PTT Public Company expresses interest in exporting crude oil from Cambodia.
Saudi on track to restore third of lost oil output: experts
Saudi Arabia is expected to restore third of the production lost to weekend attacks.
Attacks cripple Saudi oil output
Yemen’s Iran-aligned Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, knocking out more than half the Kingdom’s output, in a move expected to send oil prices soaring and increase tensions in the Middle East.
Angkor receives oil and gas exploration licence
Angkor Gold Corp has been granted an oil and gas exploration licence.
Shell blames lower energy prices for profit squeeze
Shell says its net profit is halved in the second quarter due to lower oil and gas prices.
Weekly oil prices drop over 6 pct amid geopolitical tensions
Oil prices decreased for the week ending July 19.
OPEC extends oil output cuts
OPEC agrees to extend by nine months daily oil output cuts aimed at supporting prices and soaking up excess supplies.
KrisEnergy starts 3D survey to look for offshore oil
KrisEnergy starts a 1,200 sq km, 3D Seismic Survey at the offshore Cambodia Block A.
National Assembly approves draft oil management law
The NA approves the latest draft of the Law on Oil and Oil Production Management.
Saudi Arabia gathers Arab leaders over attacks on oil assets
Arab leaders gathered in Saudi Arabia yesterday for emergency summits that Riyadh hopes will deliver a strong message to Iran that regional powers will defend their interests against any threat following attacks on Gulf oil assets this month.
Saudis seek to avert war in region
Saudi Arabia wants to avert war in the region but stands ready to respond with “all strength and determination” following last week’s attacks on Saudi oil assets, a senior official said on Sunday, adding that the ball was now in Iran’s court.
Construction of $620m oil refinery delayed
Cambodia’s first oil refinery now scheduled for completion in 2022.
Oxfam discusses good governance in extractive industry
Solinn Lim, Oxfam’s director, discusses good governance in the extractive industry.
Total to expand in retail power market
Oil major Total is picking up about 150,000 retail energy customers a month in France and is on course to hit its 2022 target.
Ministry says Cambodia will have to export its oil
Cambodia will have to sell its crude oil when it starts producing later this year.
Trade tensions overshadow US oil and gas industry
The fast-growing US oil and natural gas industry are overshadowed.
Reliance halts exports to Venezuela
India’s Reliance Industries Ltd, says it had halted supply of diluents to Venezuela’s national oil company PDVSA.
US presses India to stop buying oil from Venezuela’s Maduro – envoy
The US is pressing India to stop buying oil from the Venezuelan government.
Buhari wins second term as president
Nigerian President Muhammadu Buhari wins a second term at the helm of Africa’s largest economy and top oil producer.
Ministry confirms Angkor Gold oil and gas aspirations
A senior official with the Ministry of Mines and Energy confirmed yesterday that Canadian firm Angkor Gold Corp is seeking to diversify its operations in the Kingdom into oil and gas and that the company is now applying for exploration licenses.
Managing gasoline prices
The management of gasoline prices in Cambodia could serve as a good case study to replicate in the price management of other utility items, argues Sim Vireak.
