oil refinery
Cambodia begins construction of $1.5-billion deep seaport
Cambodia has officially started the construction of a multi-purpose deep seaport in its southern Kampot province on May 5 after the project was delayed...
Chinese firm inks final agreement for 3.4b-investment in Brunei oil refinery
China's petrochemical company Zhejiang Hengyi through its joint venture Hengyi Industries Sdn Bhd with a Brunei company announced on March 27 that it signed...
Japanese oil firm plans refineries, petrol stations in Indonesia, Vietnam
JX Nippon Oil & Energy Corp is looking at building refineries and petrol stations in Indonesia and Vietnam as fuel consumption slumps at home,...
Petron Malaysia drafts $2b expansion plan
Petron Malaysia, a subsidiary of Philippine oil refiner Petron, plans to invest at least $2 billion in the next 10 years to expand its...
China to fund $1.67b Cambodian oil refinery
The Export-Import Bank of China (Exim Bank) on October 16 signed an agreement to fund a $1.67 billion loan to build a Cambodian oil...
Cambodia asks Sinopec to build oil refinery by 2018
Cambodian Prime Minister Hun Sen on October 14 urged China Petroleum & Chemical Corporation, or Sinopec Corp, Asia's largest oil refining and petrochemical enterprise,...
Indonesia seeks Iraq refinery investment
Indonesia, a main importer of crude oil and its refined products in Southeast Asia, is likely to partner with Iraq, one of the world’s...
FDI in Vietnam surges 17%
Vietnam has successfully placed itself on the radar of international investors and attracted more than $8.2 billion in foreign direct investment (FDI) in the...
Chinese firms invest $11.2b in Cambodia
Cambodia gets ready for the next big capital injection from China: Two Chinese firms have reached a deal to build a 400-kilometer rail line,...
Indonesia teams up with Azerbaijan
The State Oil Company of the Azerbaijani Republic (SOCAR) has entered a partnership with Indonesia's industry conglomerate OSO Group to build a refinery in...
Saudis boosts investment in Indonesia
In an aim to support Saudi investors in Indonesia, the Jeddah-based Islamic Development Bank (IDB) has set up a business office in Jakarta, 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...