OPEC
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...
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...
Indonesia, Malaysia to create OPEC-like palm oil price cartel
Indonesia and Malaysia. the world's top palm oil producing nations, will create a new joint palm oil body tasked with stabilising prices and managing...
Indonesia, Yemen forge closer ties in oil & gas
Indonesia, Southeast Asia’s main oil and gas producer, and Yemen, an important country in the global oil trade, have said they want to intensify...
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...
Thailand’s PTT to boost oil output in Oman
PTT Exploration and Production, Thailand's state-owned oil exploration firm, has said it is ready to expand crude oil production at its operations in Oman...
Oil prices too high according to Petronas
Though oil prices have been steadily on the rise for some time now, the chairman of Malaysia’s Petronas Corporation says that the prices should...
International feelings on oil simmer
As physical temperatures rise for the summer, so does the heated climate of OPEC and the International Energy Agency. After production halted in Libya...
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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...