oil production
Cambodia officially ends its short-lived oil production venture
Cambodia on August 1 officially ended its short-lived foray into the oil production business after the exploration...
Cambodia converts to oil producing nation
KrisEnergy's oil platform in the Gulf of Thailand
Cambodia on December 28 has begun extracting crude oil from...
Brunei says not affected by oil price collapse
Brunei said it will not halt oil production after the recent massive plunge in oil prices on...
Cambodia becomes oil-producing nation
The government of Cambodia on August 23 signed an agreement with Singapore-listed KrisEnergy Ltd to develop Cambodia’s first oil field which is expected to...
Malaysia, Brunei to cut oil production
Malaysia's state-owned oil giant Petronas will cut oil production in 2017 to between 600,000 and 630,000 barrels per day (bpd), from the average of...
Oil glut: Malaysia’s Petronas to cut $11.4b in spending
Malaysia's state-owned oil giant Petronas says it will have to slash as much as $11.4 billion in capital and operating expenses over the next...
Bullish outlook for Malaysia’s oil & gas industry
Malaysia’s oil and gas industry will remain competitive with the country being a major regional player with a bullish outlook, the Malaysian Oil and...
Looking East: Resilience, your name is ASEAN
When looking for new success stories in today’s global business environment, it is hard not to notice the remarkable resilience that Southeast Asia, and especially the ten ASEAN nations, are currently showing.
Cambodia postpones oil production start
Cambodia has postponed the start of oil production by four years to 2016, backing away for the first time from its claims that oil...
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...
S&P forecasts oil-fuelled growth for Middle East
Countries in the GCC can expect five years of economic gain from rising oil prices, according to a report by Standard & Poor’s.
Compared with...
Abu Dhabi growth needs improvement to meet 2030 target
While falling a bit short of government targets for annual growth, industrial, retail, tourism, and oil production have all led to noticeable growth in...
Dubai oil hub for Middle East and Asia
Dubai is looking to become the center of the oil trade for the Middle East and Asia Region. According to local media in 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...