Oil and gas resources

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 ...

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 ...

After two and a half years, Chevron’s Cambodia country manager, Steve Glick, will move on from his position in what the oil and gas giant called a routine rotation, according to a statement released yesterday. Glick, who came to the job in 2011, will be “taking ...

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 ...

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 ...

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Cambodia imported 727,500 tons of petroleum in the first five months of the year, a 2 percent drop from 744,700 tons a year earlier, the figures of the Ministry of Commerce showed Saturday. A liter of premium gasoline goes for 1.38 U.S. dollars in Phnom ...

The hunt for oil around northwestern Cambodia has unearthed “positive” results for Japan Oil, Gas and Metals National Corporation (JOGMEC), which intends to continue exploring the area in a project that could last at least six more years, a government spokesman said. JOGMEC’s survey on the ...

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ...

The government plans to draft a law designed to govern safety standards in the Kingdom’s mining industry, an official said yesterday, little more than a week after at least one gold miner went missing when a shaft collapsed in Preah Vihear province. Khieu Muth, a secretary ...

Two-way trade between Vietnam and Cambodia in the first four months of the year reached nearly US$1.3 billion, a 10 per cent rise over the same period last year. According to the Vietnam Trade Office in Cambodia, Vietnam’s exports to Cambodia fetched over $1 billion while ...

With the potential for vast state revenues from oil extraction and mining in coming years, Cambodia is currently failing to manage its nascent extractive industries according to a think tank. New York-based Revenue Watch Institute yesterday launched its 2013 Resource Governance Index, which included Cambodia for ...

The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...

Energy Minister Pongsak Ruktapongpisal has given the Electricity Generating Authority of Thailand (Egat) the green light to proceed with a plan to build coal-powered plants in Myanmar and Cambodia – providing Thailand with 10,000 megawatts of electricity. Egat has also been instructed to negotiate the ...

Cambodia imported 412,190 tons of Crude Oil in Q-1 of Y 2013, a 12% fall compared with the 471,000 tons it imported at the same period last year, the Commerce ministry’s report showed Saturday. During the January-March period this year, the country spent US$ 397-M to ...

Prime Minister Hun Sen will travel to China on Saturday to meet with the rising superpower’s new leadership, in a trip the government expects to yield nearly $2 billion in loans and aid. Most significantly, the Government is hoping to secure Chinese funding for a 1.67 ...

Malaysia-based Hibiscus Petroleum Berhad has tied up with Rex International Holding Pte Ltd to participate in exploration opportunities in Cambodia and 10 other countries across the Asia-Pacific region, according to a statement released last Thursday. Hibiscus’s wholly owned subsidiary Orient Hibiscus Sdn Bhd and Rex International ...

PHNOM PENH – Cambodia imports all of its fuel from abroad, but little regulation in the sector means everyday Cambodians see all kinds of prices at the pumps. Prices are high in Phnom Penh, while sometimes cheaper on the outskirts of the capital and even ...

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...