Valeura Energy strikes a deal with PTTEP to expand its Thai oil & gas footprint
Canada-based Valeura Energy, an oil and gas company, has made a move to acquire partial stakes from Thailand’s national oil and gas player, PTT Exploration and Production Public Company Limited (PTTEP), in two offshore blocks off the coast of Thailand.
Philippines Coal Power Set for Rare Decline as Gas Generation Rises
The Philippines, one of the world’s most coal-dependent power markets, has boosted LNG imports and gas-fired power generation in recent years, to the point of being on track to see the first decline in coal power generation in 17 years.
Malaysia boosts coal power output, imports to meet rising demand
SINGAPORE/KUALA LUMPUR, July 18 (Reuters) – Malaysia is boosting coal-fired power output and importing the fuel at record levels, a Reuters analysis of data showed, taking advantage of low prices even as it pledges to increase use of gas-fuelled electricity generation in the longer term.
Caltex sets up to P0.50 new oil price hikes starting July 10
MANILA, Philippines — Chevron Philippines Inc., the marketer of Caltex brand, will impose higher pump prices of up to 50 centavos per liter beginning Thursday.
Indonesia to offer 75 oil and gas blocks to investors
Jakarta (ANTARA) – The Indonesian government plans to offer 75 oil and gas blocks to contractors, with most located in the Papua and Sulawesi regions, an official announced on Tuesday.
Analysts see Malaysia’s oil production to remain under pressure in H2
KUALA LUMPUR: Analysts have foreseen Malaysia’s oil production to remain under pressure in the second half of 2025, continuing the soft decline seen in the first quarter, where crude oil and condensate production dropped 5.2 per cent year on year to 45.5 million barrels, reported Xinhua.
Indonesia to shift LPG imports from Middle East to US
Jakarta (ANTARA) – Indonesia is planning to reduce its liquefied petroleum gas (LPG) imports from the Middle East and increase procurement from the United States, according to Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung.
Fuel Import Shift to Other Countries Encouraged, Keeping PTT Brand in Cambodia
Following the expulsion of a Thai oil tanker entering Cambodia, Senate President Hun Sen encouraged PTT gas station owners in Cambodia to diversify fuel imports from countries like Vietnam, Singapore, and Malaysia, while keeping their brand names unchanged to reduce reliance on Thailand and prevent future supply risks amid ongoing border tensions.
