Non-renewable energy production

In what looks to be a concerted push into the Southeast Asian energy sector, Japanese import and export conglomerate Marubeni Corporation has acquired a large stake of Cambodia’s power generation infrastructure. In a Tokyo Stock Exchange filing dated June 2, Marubeni announced it had purchased a ...

Cambodia imported 453,000 tons of petroleum in the first three months of 2014, up 10 percent from 412,190 tons over the same period last year, the data of the Ministry of Commerce showed Tuesday. During the January-March period this year, the country spent 442 million U.S. ...

Chevron’s Caltex gas stations are potentially losing hundreds of thousands of dollars per day in Cambodia, striking employees say. Workers say Caltex, a subsidiary of US-based multinational Chevron, sells between 5,000 to 10,000 liters per station per day, putting its losses between $350,000 to $700,000 ...

Cambodian workers for the U.S.- owned Caltex petrol stations in Phnom Penh continued their strike for higher wages Wednesday after wage negotiations late Tuesday failed to reach any agreement. Strike leader Sar Mora, president of the Cambodian Food and Service Workers Federation, said some 300 Caltex ...

Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from ...

Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...

Mirach Energy Limited disclosed Friday that its associate company CPHL (Cambodia) has submitted the final draft of Environment Impact Assessment (EIA) for Cambodia offshore Block D to the country’s Ministry of Mine and Energy’s unit Cambodian National Petroleum Authority (CNPA) for approval. ...

Cambodia’s first coal-fired power plant, which is expected to fill shortages in demand by producing an additional 100 megawatts of electricity every year, commenced full-time operations yesterday. Representatives from Malaysian company Leader Universal Ltd (LU), which built the plant, joined Prime Minister Hun Sen and ...

Cambodian Prime Minister Hun Sen said Tuesday that the Southeast Asian nation has no ambition to develop a nuclear power plant, but wants to use nuclear technologies in agriculture, health, and animal breeds. The prime minister made the remarks during a meeting with Yukiya Amano, director ...

Cambodia imported 1.4 million tonnes of petroleum in the first eleven months of 2013, down 2 percent from the 1.43 million tonnes a year earlier, the data of the Commerce Ministry showed Sunday. During the January-November period, the country spent about 1. 34 billion U.S. dollars ...

Cambodian lawmakers on Friday endorsed the setting up of a new ministry specifically in charge of mines and energy, in the hope that oil and gas production will finally get under way in the next couple of years. The new Ministry of Mines and Energy will ...

Prime Minister Hun Sen was scheduled to meet with Japanese counterpart Shinzo Abe in Tokyo on Sunday, a day after Japan and the member states of Asean agreed to ensure “freedom of overflight” in the region. The agreement will likely be taken as an affront by ...

The Royal Cambodian government is continuing talks with US major Chevron regarding the delayed Block A offshore project that would be the Asean member nation’s first indigenous hydrocarbon development. In August 2010, eight years after being awarded the block, Chevron issued a declaration of commerciality and ...

Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...

Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...

Mangrove forests along Cambodia’s coast in Kampot support more than 100,000 families and create a diverse ecosystem that is home to hundreds of unique species. But coastal development projects, coupled with locals’ reliance on the forest for their livelihoods, threaten to decimate more than 1,000 hectares ...

The Cambodian National Petroleum Authority (CNPA), formerly overseen by the Council of Ministers, will be integrated into the Ministry of Mines and Energy, according to senior CPP officials, the latest cut to the vast portfolio of government bodies controlled by Deputy Prime Minister Sok An. Since ...

PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...

Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...

Cambodia had imported 1.1 million tons of petroleum in the first eight months of the year, a 3.5 percent decrease compared with the 1.14 million tons over the same period last year, the figures of the Ministry of Commerce showed Friday. From January to August this ...

Deputy Prime Minister Sok An has a stunning portfolio of positions within the CPP government. On Monday, CPP lawmakers once again appointed Mr. An as the Cabinet Minister for Prime Minister Hun Sen. He is also the chairman of the state-controlled Cambodian National Petroleum Authority and ...

ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...

What had been a relatively subdued gathering at Freedom Park yesterday became a jubilant celebration as opposition leaders Sam Rainsy and Kem Sokha delivered the news of fruitful discussions with the government to party faithful. Despite much-diminished crowds – and the sobering events of Sunday night ...

A container storage facility off the coast of Preah Sihanouk province that allows Cambodia to blend oil before export could hold the key to sustainable growth in the country’s nascent energy sector, according to a Danish oil and gas expert. With Chevron positioned to lead offshore ...