Extractive Industries
Mining firms still working despite ban
Four mining companies digging stone in Banteay Meanchey province that are purportedly owned by a military commander and other officers have carried on mining despite a government ban. ...
Phak Seangly
http://www.phnompenhpost.com/national/mining-firms-still-working-despite-ban
No licences, much dredging
Five sand-dredging operations in Ratanakkiri province – one owned by the provincial director of Public Works and Transportation – have been in business illegally for some 20 years, the rights group Adhoc said yesterday. Adhoc said that it uncovered the operations in Veun Say, Lumphat and ...
Phak Seangly
http://www.phnompenhpost.com/national/no-licences-much-dredging
Ratanakkiri site of informal mining boom: official
Thousands of locals and migrant workers are engaged in illegal mining in Ratanakkiri province, a senior official with the Ministry of Mines and Energy said yesterday. Having returned on Tuesday from an official inspection tour of the province, Meng Saktheara, a secretary of state at the ...
Phak Seangly
http://www.phnompenhpost.com/national/ratanakkiri-site-informal-mining-boom-official
Oil plunge a boon for developing nations: WB
Oil-importing nations such as Cambodia should be first in line to benefit from the oil-price decline provided they swiftly enact reforms to reinvest savings into strengthening fiscal policy and human capital, according to the World Bank. ...
Eddie Morton
http://www.phnompenhpost.com/business/oil-plunge-boon-developing-nations-wb
Excavation worries
Twenty families living in Stung Treng province’s Thala Barivat district have recently filed complaints to authorities demanding compensation from a Chinese firm, which allegedly plans to excavate their farmlands in search of marble. The villagers from the Chamkar Leu commune sent a total of seven complaints ...
Sen David and Sarah Taguiam
http://www.phnompenhpost.com/national/excavation-worries
Gov’t forms OCA committee
Thailand and Cambodia are edging closer to rekindling negotiations over the long-contested, and presumably lucrative, Overlapping Claims Area (OCA) in the Gulf of Thailand. State-owned media, Agence Kampuchea Presse (AKP), yesterday reported that the Cambodian government had established a committee charged with negotiating the development of ...
Eddie Morton
http://phnompenhpost.com/business/gov%E2%80%99t-forms-oca-committee
Angkor Gold announces next step forward for Cambodia's first commercial gold mine
ANGKOR GOLD CORP. (ANK) (“ANGKOR” or “ANGKOR GOLD”) announces that approval from Cambodia’s Ministry of Mines and Energy has been received to proceed with an Environmental Impact Assessment (EIA) on Cambodia’s first royalty-generating gold mine at Phum Syarung. The total area of 12 sq km ...
Market Watch News Staff
http://www.marketwatch.com/story/angkor-gold-announces-next-step-forward-for-cambodias-first-commercial-gold-mine-2014-12-03?reflink=MW_news_stmp
Commerce Minister announces reduction in petrol prices
Gasoline prices have been decreased by 300 Riel per liter, according to an announcement issued Thursday by Ministry of Commerce. The oil prices of four companies are decreased from current 5,050 Riel to 4,750 Riel per liter for gasoline, while from 4,750 Riel to 4,500 ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/commerce-minister-announces-reduction-in-petrol-prices-7695
Cambodia plans to open up bidding on 19 petroleum concessions
Cambodia plans to open bids for concessions on 19 onshore oil and gas exploration blocks to promote investment in the sector, a senior official at the country’s Ministry of Mines and Energy said on Wednesday. The Southeast Asian country is also keen to talk with international ...
Khettiya Jittapong
http://af.reuters.com/article/energyOilNews/idAFL4N0SV4F120141105
Mining official denies graft
Officials from the Ministry of Mines and Energy checked on a quarry in Kampot province for the second time yesterday amid allegations it is operating illegally thanks to local corruption. The quarry, which is owned by husband and wife Hok Chhenda and Tep Sokha, was ...
Sen David
http://www.phnompenhpost.com/national/mining-official-denies-graft
Mirach receives government approval for Cambodia Block D's EIA report
Mirach Energy Ltd. announced Monday that its associate company, CPHL (Cambodia) Company Limited (the Company), has received the approval from the Ministry of Environment in Cambodia for the Initial Environmental Social Impact Assessment Report (IESIA) report for drilling in offshore Cambodia (Block D). ...
Rigzone News Staff
http://www.rigzone.com/news/oil_gas/a/135730/Mirach_Receives_Government_Approval_for_Cambodia_Block_Ds_EIA_Report
UXO injuries, deaths up in ’14
Landmine casualties more than doubled in the first eight months of this year compared to the same period in 2013, according to officials, who are pointing to the wider use of industrial agricultural equipment – such as tractors – as the reason for the uptick ...
Sean Teehan
http://www.phnompenhpost.com/national/uxo-injuries-deaths-14
Gasoline price should be down to 4,500 Riel per liter: Sam Rainsy
Opposition leader Sam Rainsy on Tuesday said that price of gasoline in Cambodia should be decreased to 4,500 Riel per liter as price of crude oil at international market has been sharply dropping since early 2014. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/gasoline-price-should-be-down-to-4500-riel-per-liter:-sam-rainsy-7565
Mining giant seeks to settle corruption case with US
Australian mining giant BHP Billiton has announced that it is in negotiations with the U.S. government to settle allegations of corruption abroad, which include claims that the company paid a $2.5 million bribe to Cambodian officials to secure exploration rights in the country’s northeast. ...
Zsombor Peter
http://www.cambodiadaily.com/news/mining-giant-seeks-to-settle-corruption-case-with-us-71097/
KrisEnergy formally takes over as operator of Cambodia's offshore Block A
Singapore-based KrisEnergy Ltd. (KrisEnergy or the Company), an independent upstream oil and gas company, referred to the announcement dated Aug. 11 in relation to the acquisition of the entire issued and paid up share capital of Chevron Overseas Petroleum (Cambodia) Limited (COPCL) and announces the ...
Rigzone News Staff
http://www.rigzone.com/news/oil_gas/a/135266/KrisEnergy_Formally_Takes_Over_as_Operator_of_Cambodias_Offshore_Block_A
Illegal mining op halted in preserve
Pailin provincial authorities are searching for a suspect who allegedly commissioned the excavation of a gold mine on land the protection of which is funded by the foundation of American actress Angelina Jolie. Provincial environmental police are holding three men at a spot where they were ...
Phak Seangly
http://phnompenhpost.com/national/illegal-mining-op-halted-preserve
Offshore Block A provides buzz to Cambodia's petroleum industry
Recent events, triggered by Singapore-based KrisEnergy Ltd.’s acquisition of Chevron Corp.’s entire stake in Cambodia’s Block A in the Gulf of Thailand, may possibly end the stalemate to develop the country’s only oil discovery to date. The prospect has also rekindled hopes in Cambodia to ...
Cheang Chee Yew
http://www.rigzone.com/news/oil_gas/a/134898/Offshore_Block_A_Provides_Buzz_to_Cambodias_Petroleum_Industry/?all=HG2
Talks with Cambodia renew hope for deal on overlapping claims area in gulf, electricity cooperation on the cards
The Energy Ministry will hold discussions with Cambodia about cooperation in electricity and the overlapping petroleum-claims area in the Gulf of Thailand during the current official visit to Phnom Penh by Deputy Prime Minister and Foreign Minister Tanasak Patimapragorn. ...
Wartcharapong Thongrung
http://www.nationmultimedia.com/business/Talks-with-Cambodia-renew-hope-for-deal-on-overlap-30242369.html
City hits brakes on illegal gas
The Phnom Penh government is planning to take action against illegal petrol stations around the city, and has counted 205 of them so far. Chreang Sophan, Phnom Penh deputy governor, said at the opening of a Total station in Tuol Kork district on Monday that the ...
Sen David
http://www.phnompenhpost.com/national/city-hits-brakes-illegal-gas
Illegal gold mines raided in Preah Vihear
Authorities in Preah Vihear province on Friday broke up six camps they say were being used to illegally mine for gold on land the government has granted to a Chinese company. Provincial industry and mines director Kong Makara said Sunday that authorities including local police and ...
Aun Pheap
http://www.cambodiadaily.com/news/illegal-gold-mines-raided-in-preah-vihear-66713/
New chapter in search for black gold
As Chevron hands over its controlling stake in the Kingdom’s most developed oil field to a new player, industry experts say extraction may still take time Industry insiders urged patience this week after news broke that energy giant Chevron had sold its controlling stake in the ...
Daniel de Carteret
http://www.phnompenhpost.com/post-weekend/new-chapter-search-black-gold
Singapore's KrisEnergy buys out Chevron in Cambodian oil block
Singapore-based upstream oil and gas firm KrisEnergy Ltd said on Monday it has agreed a $65 million deal to buy out Chevron Corp’s interest in an offshore oil block in Cambodia and take over as the block’s operator. KrisEnergy said in a statement it plans to ...
Rigzone News Staff
https://www.rigzone.com/news/oil_gas/a/134474/Singapores_KrisEnergy_Buys_Out_Chevron_In_Cambodian_Oil_Block
Jail terms for four in Mondolkiri mining fraud
The Phnom Penh Municipal Court on Monday convicted and imprisoned four people for their roles in a fraud case that involved the forging of Prime Minister Hun Sen’s signature to secure a mining license in Mondolkiri province. Al Romny, the 41-year-old director of the local company ...
Hay Pisey
http://www.cambodiadaily.com/news/jail-terms-for-four-in-mondolkiri-mining-fraud-65700/
Mining accidents kill two
Two artisanal miners died and one was seriously injured in two separate accidents on Saturday, police said yesterday. One man was killed and one sustained serious injuries while working for a Chinese mining company at Kbal Damrei commune in Kratie province’s Sambor district. ...
Mom Kunthear
http://www.phnompenhpost.com/national/mining-accidents-kill-two