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Petroleum

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US petroleum and natural gas exploration company Murphy Oil Corp is exiting Malaysia with a $2.13 billion sale...
Gas sector tops Myanmar’s export earnings with more than $3b

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The gas sector has topped Myanmar’s export earnings with $3.2 billion this financial year (March-end), according to the ministry of commerce, Eleven Myanmar reported. Myanmar’s...
Thailand’s PTTEP buys Hess assets for $1b

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Thailand's PTT Exploration and Production Plc's subsidiaries PTTEP Offshore Investment Company Ltd. and PTTEP International Ltd. have signed a share purchase agreement to acquire...
Iran to build six oil refineries in Indonesia

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The head of Iran’s Oil, Gas and Petrochemical Products Exporters Union says the country plans to construct six oil refineries in Indonesia, Fars News...
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...
Singapore’s Keppel gets $1.1 billion order

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Singapore's Keppel Corp, the world's largest builder of offshore oil rigs, said it has secured a $1.1 billion order to build five jackup rigs...
Stolen Nigerian oil lands in Thailand, Indonesia, Singapore

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Significant amounts of crude oil stolen from Nigerian oil pipelines and terminal are reportedly partly sold to Thailand, Indonesia and Singapore in by organised...
Major oil spill in Thailand threatens tourism

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Around 50,000 tonnes of crude oil leaking from a burst pipeline close to Thailand's southeastern industrial estate of Map Ta Phut have spilled into...

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Thailand’s largest petrochemical maker, PTT Global Chemical Pcl (PTTGC), said on April 1 it planned to make a decision on a petrochemical investment plan...

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A much-anticipated initiation to bid on oil exploration licenses for 18 of Myanmar’s onshore oil blocks has been released, the country’s Ministry of Energy...

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PTT Exploration and Production Plc, Thailand's main petroleum explorer and the second largest oil and gas producer in Southeast Asia behind Malaysia's Petronas, has...

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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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Japan’s rising demand for expensive mineral fuels has resulted in a hefty increase in two-way trade with GCC countries, according to latest figures. Trade between...

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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...

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Petronas, the state-run Malaysian petrochemical company, has announced Johor to be the site of their new $20 billion crude-oil refinery. The new complex will...