News

Executives at Singapore-listed energy firm KrisEnergy Ltd say they have settled terms with the Cambodian government and are ready to sign a long-awaited production-sharing agreement that would pave the way for the first-ever extraction of petroleum from Cambodian territorial waters. ... ...

Youth groups and environmental activists have requested the government release the latest documents concerning the proposed Sambo hydroelectric dam in Kratie province, amid lingering concerns of the possible environmental damage the dam may cause. The dam, if constructed, will be the largest in the country and ...

In a milestone for Cambodia’s nascent mining industry, the government has issued the first commercial mining licence to Mesco Gold, giving the Indian mining firm a green light to extract and process ore at its gold project in Ratanakkiri province, industry sources said yesterday. The landmark ...

The 42nd Asean Council on Petroleum members’ meeting will be held in Siem Reap next month, a senior government official told Khmer Times. The meeting, which will include representatives from the national petroleum companies of the nine other Asean members, plus Cambodia’s Ministry of Mines and ...

The Ministry of Mines and Energy is in talks with the Chinese government to build a research and training school, in order to boost the staffing capabilities of the country’s growing mining industry, according to a senior ministry official. Following recent news that gold deposits ...

Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. ... ...

Five Vietnamese nationals who were renting a home from the local immigration department chief were arrested on Friday for conducting illegal mining operations in Ratanakkiri province’s O’Yadav district. ... ...

Timor-Leste’s fledgling economy depends on oil and gas production and Cambodia is seeking assistance from Asia’s youngest nation to help develop its draft petroleum law which is expected to be adopted into legislation by the Council of Ministers next year. ... ...

The Ministry of Mines and Energy (MME) yesterday sent the newly-drafted petroleum law to civil society organizations and other partner institutions working in the extractive sector for consultations before submitting it to the Council of Ministers for approval by the end of this year. ... ...

Villagers in Mondulkiri province are protesting the construction of a Ministry of Mines vocational training centre on a piece of land they say is sacred with cultural significance to people across the province. ...  ...

Despite claims from local authorities that illegal mining in Ratanakiri province’s Borkeo district had been stopped, more than 100 people have been seen continuing to mine the area. ... ...

A Vietnamese-owned gold mine in Battambang province’s Phnom Prek district failed to acquire an operating license from the Ministry of Mines and Energy yesterday after failing to meet their guidelines, according to officials. ... ...

An investigating team from the Ministry of Mines and Energy has concluded that evidence at Chhay Ching Heang Group’s operations in Ratanakkiri province seemingly points to illegal gold mining, though lab results from minerals extracted by the company are still pending, according to a ministry ...

The Ministry of Mines and Energy signed joint prakas with the Ministry of Environment to simplifying the environmental impact assessment (EIA) requirements for artisanal and small-scale mining practices. ...  ...

The government revoked the offshore oil exploration license of CPHL (Cambodia) Co Ltd after the project failed to meet the terms of its petroleum agreement, a state official said yesterday. ... ...

Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed. ... ...

Oil and gas exploration companies operating in Cambodia must follow the schedule of their concession contracts or face fines and risk having their contracts revoked, a state official warned yesterday. ... ...

Low oil prices and internal management changes have forced PetroVietnam Exploration Production Corporation (PVEP), a member of the state-owned Vietnam Oil and Gas Group, to suspend its operations in Kompong Thom, a senior official with the Ministry of Mines and Energy (MME) said yesterday. ... ...

Singapore-based oil and gas firm KrisEnergy has not responded to inquiries from the government on when it will start work on the offshore field it has the rights to in the Gulf of Thailand known as Block A. ... ...

In order to aid waterway transport, sand-dredging – largely banned since a 2011 decree – will soon begin reappearing at dozens of locations along the Tonle Bassac river, a spokesman from the Ministry of Mines and Energy confirmed yesterday. ... ...

It will get easier for small, rural mining operations to register with the government this month, thanks to a change in the Ministry of Energy and Mines’ policy of issuing licenses, according to a ministry statement released last week. ... ...

The government said yesterday it would postpone bidding on two vacated offshore oil blocks given the low global levels of investment flowing into petroleum exploration activities. ... ...

Cambodia canceled two offshore licenses of Malaysia’s operator Resourceful Petroleum, due to violations of the concession agreement and not performing obligations of petroleum agreements. The two licenses were for development and operations of offshore oil Block B and Block F, which has sufficient resources of oil ...

Cambodia is unlikely to be able to produce offshore oil until prices rise, analysts say. ...Meng Saktheara, a spokesman for the Ministry of Mines and Energy, said he agreed with that analysis. Negotiations over production are not finalized with KrisEnergy, which must also finish its ...