oil field
Philippines signs deal with Israeli oil exploration firm
Philippine President Rodrigo Duterte on October 18 signed a seven-year oil exploration deal with an Israeli firm in a bid to develop the country’s...
Philippines: Oil found on Cebu island
Australian oil company Gas2Grid reported that it has discovered oil onshore Cebu in the Malolos oil field, saying that reserves could be 4 million...
East Timor Oil Fund Surpasses Oman’s, Bahrain’s
East Timor’s sovereign wealth fund, the Timor-Leste Petroleum Fund, in June 2013 reached a value of $13.6 billion, surpassing funds of oil-rich Gulf states...
Chevron expands oil project in Sumatra
Indonesia’s largest producer of crude oil, PT Chevron Pacific Indonesia (CPI), has begun a $500 million expansion project at the Duri field on the...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...