Extractive Industries
No end date in sight for oil plant completion
Cambodia Petroleum Company says its $2.3 billion oil refinery is still in the early stages of construction, after being delayed twice since it announcement in 2013. The landmark oil refinery, to be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected to be ...
Chan Muyhong
http://www.phnompenhpost.com/business/no-end-date-sight-oil-plant-completion
Dredgers ‘pledge’ to wait on gov’t
The Ministry of Mines and Energy has said that it will perform environmental, social and economic impact assessments within three to six months before renewing and granting new licences for sand dredgers and sand miners operating in Phnom Penh and Kandal. ...
Taing Vida
http://www.phnompenhpost.com/national/dredgers-pledge-wait-govt
Campaign launch: New ‘River Guard’ busts dredgers
Inspectors from the Energy Ministry busted two unlicensed sand dredgers operating on a stretch of river close to Phnom Penh’s Royal Palace, in the first action of a new campaign to protect Cambodia’s rivers. ...
Taing Vida
http://www.phnompenhpost.com/campaign-launch-new-river-guard-busts-dredgers
Villagers, mining firm settle land dispute
Villagers in Ratanakkiri province’s O’Yadav district have accepted compensation offers from an Indian company seeking a licence to mine gold in the area. ...
Phak Seangly
http://www.phnompenhpost.com/villagers-mining-firm-settle-land-dispute
Gov’t prepares for mine standoff
Officials backed by a small detachment of gendarmerie seconded from the National Military Police are preparing for potentially violent confrontations with security forces employed by illegal mining companies, an official said yesterday. Meng Saktheara, a secretary of state at the Ministry of Mines and Energy, yesterday ...
Daniel Pye
http://www.phnompenhpost.com/govt-prepares-mine-standoff
Community mulling mining co’s proposal
Following talks with indigenous villagers over the weekend, which saw promises of jobs and English language lessons, there are high hopes that a foreign company looking to extract gold in Ratanakkiri will be awarded the first-ever mining licence in the province. Representatives of Mesco Gold met ...
Alice Cuddy and Phak Seangly
http://www.phnompenhpost.com/community-mulling-mining-cos-proposal
Mining prospects ranked low
An index measuring countries on their attractiveness for mining investment has included Cambodia in its results for the first time, with the Kingdom ranking a relatively low 81 out of 122 due to a lack of obvious sites to exploit. The “attractiveness index”, conducted by the ...
Charles Rollet
http://www.phnompenhpost.com/mining-prospects-ranked-low
Military police to join in mining crackdown
More than 600 military police will be sent as reinforcements all over Cambodia today to aid the National Police, Ministry of Mines and Energy authorities and court officials as they inspect and crack down on illegal mining in the Kingdom. ...
Taing Vida
http://www.phnompenhpost.com/military-police-join-mining-crackdown
PV Gas dominates Cambodian market
PetroVietnam Gas Corporation (PV Gas) is the largest exporter in the Cambodian gas market, claiming more than half of the market share. In the 2010-13 period, Cambodia imported 6,000 to 8,000 metric tonnes of LPG per month. The amount rose to 10,000 to 12,000 metric ...
Viet Nam News Staff
http://vietnamnews.vn/economy/266543/pv-gas-dominates-cambodian-market.html
Cambodia weighs oil stockpile as global price nosedives: PM
Cambodian Prime Minister Hun Sen said Tuesday that the government is studying the possibility to purchase petroleum for a stockpile as global oil price is going down. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-02/10/c_133983437.htm
SCH in talks to form JV in Cambodia
Quarry machinery supplier SCH Group Bhd (SCH) is in negotiations to form a US$50,000 (RM178,000) joint venture (JV) with a local company in Cambodia to expand its distribution and supply of industrial products business there. ...
Wan Ilaika Mohd Zakaria
http://www.thesundaily.my/news/1325479
Dreams not panning out
In the shadow of Anlong Mountain in Preah Vihear province, the whir of engines pierces the tranquil scrubland. Here, in the midday heat, a group of workers scour the earth for traces of gold. A licence granted to Malaysian gold miner Delcom, which first began ...
May Titthara and Alice Cuddy
http://www.phnompenhpost.com/national/dreams-not-panning-out
Kandal villagers burn tyres to fight dredging
Nearly a hundred villagers living along a river located in Sa’ang district’s Koh Anlong Chin commune in Kandal province recently protested against the plans of one company to dredge sand in the area. On Sunday, employees of sand-dredging company Sok Teang Import Export, which has been ...
Sen David
http://www.phnompenhpost.com/national/kandal-villagers-burn-tyres-fight-dredging
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