ព័ត៌មាន​

Japanese oil study ‘Positive’

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 ...

http://www.phnompenhpost.com/2013060566067/Business/japanese-oil-study-positive.html

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

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 ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Mine Safety Law on Agenda

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 ...

http://www.phnompenhpost.com/2013053165981/National/mine-safety-law-on-agenda.html

Cambodia, Vietnam Trade Rises

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 ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzA1YWUwMDU3OTh

Think Tank Says Cambodia Isn't Managing Its Resources

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 ...

http://www.cambodiadaily.com/business/think-tank-says-cambodia-isnt-managing-its-resources-24530/

Cambodia’s petroleum imports decrease

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 ...

http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html

Government Goes to China in Search of New Loans

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 ...

http://www.cambodiadaily.com/news/government-goes-to-china-in-search-of-loans-17314/

Fracking a problem for SE Asia

Impoverished countries hoping to strike it rich by developing their limited oil and gas reserves are being urged to move quickly or risk having their expectations clipped by fracking, which is depressing market prices while adding life to fields once thought exhausted. The ...

http://www.phnompenhpost.com/2013022561573/Business/fracking-a-problem-for-se-asia.html

Hun Sen says Hydropower Is the Key to Stable Electricity Prices

Cambodia’s focus on hydropower will reduce its independence on oil and ensure nationwide access to electricity at a stable price, Prime Minister Hun Sen said in a speech Saturday during the inauguration of a $47.1 million hydropower dam in Koh Kong province. However environmental groups ...

http://www.cambodiadaily.com

News Analysis: Cambodia Viewed As "Best" Investment Venue For Thais

Cambodia is considered “the most promising country” in the ASEAN community where Thai business entrepreneurs could set up trade and investment projects, according to a noted Thai academic and economist. Roongrote Benjamasuthin, director of the University of Thai Chamber of Commerce’s ASEAN Business & Economic Center, ...

http://news.xinhuanet.com/english/indepth/2013-02/09/c_132162078.htm

Cambodian, Chinese firms unveil 1st oil refinery project in Cambodia

Cambodian Petrochemical Company and Sinomach China Perfect Machinery Industry Corp jointly announced on Friday to build the first oil refinery in Cambodia and the construction is expected to be completed at the end of 2015. Zhang Sugang, president of Sinomach China Perfect Machinery Industry Corp, said ...

http://news.xinhuanet.com/english/china/2012-12/28/c_132069193.htm

Government Revenues Up 27 Percent in First Nine Months

The government collected more than $1.4 billion in revenues during the first nine months of the year, a 27 percent increase over the same period last year, figures released Thursday by the Ministry of Economy and Finance show. According to the Table of Government Financial Operations ...

http://www.cambodiadaily.com/business/government-revenues-up-27-percent-in-first-nine-months-6508/

Cambodian NGO: PTT entry would benefit consumers

A Cambodian NGO believes that investment by Thailand’s PTT oil conglomerate in petroleum projects in the region would promote competition and benefit consumers. Thailand’s largest petroleum firm said lastThursday it is currently studying options for petrochemical and oil refinery projects in three Asean countries — Cambodia, ...

http://www.bangkokpost.com/business/news/323691/cambodia-ptt-entry-would-benefit-consumers

PTT to conduct feasibility study in Cambodia: report

PTT, Thailand’s largest oil and gas conglomerate said it plans to conduct a feasibility study on petrochemical and oil refinery projects in three ASEAN countries – Cambodia, Indonesia and Myanmar, according to Dow Jones Newswires. Pailin Chuchottaworn, PTT chief executive said, however, that Indonesia and Myanmar ...

http://www.phnompenhpost.com/index.php/2012112859980/Business/ptt-to-conduct-feasability-study-in-cambodia-report.html

Chevron drilling delay caused by US slowdown: lawmaker

Chevron Oil and Gas Co has delayed offshore oil drilling in Cambodia until 2016 mainly because of the economic slowdown in the United States, a senior lawmaker says. Cheam Yeap, chairman of the National Assembly Commission on Economy, Finance, Banking and Audit, said inadequate human resources ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MmZlYWQ1MTAwZDRjMTY4ZGQwNGNlMzAxZDc1ZDVi

Cambodia: Mineral, Metal and Fuel Resources

Cambodia, with a total population of 14,952,665 as of July 2010, is located in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ...

http://www.azomining.com/Article.aspx?ArticleID=216

Workshop Calls for Revenue Transparency in Oil, Gas Sector

The government and private companies are being encouraged to adopt a voluntary initiative in order to make revenues generated by the extractives sector more transparent. The workshop on the Best Practice of Governance in Extractive Industries and Revenue Management, which was held in Phnom Penh on Friday by ...

Cambodian Oil Transparency Group Sponsors Annual Conference

Cambodians for Resource Revenue Transparency (CRRT) will host a one-day National Conference Nov. 2 on the Best Practice of Governance in Extractive Industries and Revenue Management. The conference, to be attended by representatives from the Association of South East Asia Nations (ASEAN), will also include representatives ...

http://eon.businesswire.com/news/eon/20121030005350/en/oil/gas/mining

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