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oil and gas

Petronas profit surges 45% in fourth quarter

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Malaysian oil giant Petronas said on March 4 its fourth quarter net profit jumped 45 per cent on strong production, making 2013 "one of...
Indonesia: Biodiesel use lets palm oil exports stall

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A jump in palm oil consumption for biodiesel in Indonesia, the world’s biggest supplier, will probably mean that shipments fail to increase this year...
Indonesia aims at 15% more foreign investment

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Indonesia on January 21 set an ambitious target of attracting 15 per cent more foreign investment in 2014 than in 2013, a challenging goal...
Oman eyes Vietnam’s food, fishery sector

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At a meeting of the Omani-Vietnamese Committee on January 13 in Muscat, the two countries agreed on enhancing their economic cooperation by diversifying trade...
Petronas reports gas find off Sarawak’s coast

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Malaysia’s oil and gas giant Petronas has announced a natural gas discovery in Malaysia and an oil strike in an appraisal well in Indonesia,...
Malaysia, Brunei agree on oil cooperation

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Malaysia and Brunei have inked historic deals to jointly drill for oil and gas in the resource-rich waters off the maritime border shared by...
Brunei’s brain drain revised

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The debate on Brunei’s brain drain has again hit a feverish pitch since Hardware Zone published a post entitled “Very severe brain drain as...
Brunei in need for new oil reserves

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The government of Brunei Darussalam is working intensively on discovering new oil and gas reserves as the nation is faced with maturing petroluem assets,...
Laos to build national pipeline system

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Laos, the only landlocked member of the 10-nation ASEAN bloc, is considering building a national oil pipeline system, according to the country’s Asian Council...
Russia, Vietnam to double trade by 2015

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During Russia President Vladimir Putin's visit to Vietnam on November 12 all eyes were on Vietnam's decision whether it will join the Customs Union...
Realising Brunei’s economic potential

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Brunei Darussalam, the country situated in the very center of Southeast Asia, has so much to give to the region. Not so much of...
UMW shares surge at debut in Malaysia

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UMW Oil & Gas Corp Bhd at its initial public offering (IPO) on November 1 surged 11 per cent as investors cheered Malaysia’s largest new...
Philippines, China oil firms eye deal in disputed sea

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A Filipino-British company has begun talks with China’s state-owned offshore oil producer for a deal to jointly explore for oil and gas in the...
Petronas to build $35 billion LNG plant in Canada

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Malaysia's oil and gas giant Petronas will embark on a $35 billion liquid natural gas (LNG) project in Canada following the reversal of Ottawa's...
‘Hub Singapore’ in the limelight of Gulf investors

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As the GCC-Singapore Free Trade Agreement (GSFTA) came into force on September 1, 2013, Gulf companies and especially Qatari investors are expected to flock...
Thailand, Malaysia enter closer trade cooperation

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Thailand and Malaysia have agreed to foster cooperation on trade and investment in six sectors, which are oil and gas, energy, rubber, automobiles, sugar...
Brunei’s growth will depend on diversification

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The United Nation's recently published Economic and Social Survey of Asia and the Pacific 2013 shed an interesting light on GDP growth expectations of...
Why property prices in Myanmar are really skyrocketing

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Property prices in Myanmar and especially in the business capital of Yangon have been surging over the past months to the effect that square...