Extractive Industries

PTT has set aside up to Bt6 billion to carpet key Asean markets with more than 240 retail petrol stations over the next five years. President and chief executive officer Pailin Chuchottaworn said the company had earmarked spending of between Bt5 billion and Bt6 billion through ...

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

Kompong Thom provincial officials will stop illegal gold mining in seven locations in Sandan district’s Meanrith commune come November, provincial and district officials said. About 100 residents of Meanrith have been illegally digging for gold in the district for several years, provincial deputy governor King Vimean ...

Toxic runoff from small-scale gold mining operations in Battambang province killed two cattle on Wednesday, the latest casualties from pollution in the area led to the closing of more than 100 mines earlier this year. Officials from the provincial mines department yesterday said they were unaware of ...

The Mekong River Commission has released a comprehensive risk analysis of the transport of dangerous goods and issued recommendations to prevent oil spills, industrial waste and other emerging threats from navigation. Developed by the MRC Navigation Programme in Phnom Penh, the risk analysis finds that the ...

On top of impressive growth, the Royal Government is opening the country to international investment As for mining: the country is now open for international business. The stable, democratic government passed anti-corruption laws in 2011 and has dedicated itself to working with private business The most active ...

An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the   longer term. Renaissance Minerals managing director Justin Tremain told the ...

The Danish company Go4 Bunker, which has developed their “Smart bunker system” in partnership with Shenfei Group Co and Maersk Broker K/s, wants to partner with Cambodian companies to develop not only the Cambodian Offshore Marine Fuel Oil Business, but also related business in connection ...

Cambodia will receive most of the income derived from a joint project to exploit promising offshore oil reserves, official sources have confirmed here. Ek Tha, spokesman for the Cabinet Office said that in negotiations with Chevron, the government proposed reaping 70 to 80 percent of the ...

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

Officials yesterday confirmed that the Cambodian government will receive a majority of the revenue share from Chevron’s offshore Block A oil permit area near Sihanoukville in the Gulf of Thailand. The government expects to issue the American oil giant a production permit licence by the ...

Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...

Mirach Energy Ltd., formerly known as China Petrotech Holding Ltd. (CPHL), announced on Tuesday that its Cambodian counterpart, CPHL (Cambodia), had contracted two companies to conduct environmental impact studies for offshore assets in Block D, off the coast of Preah Sihanouk province. Mirach Energy said in ...

The Cambodian government expects U.S. oil major Chevron Corp. CVX -0.53%to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday Chevron discovered commercial resources ...

The Cambodian government expects U.S. oil major Chevron Corp. CVX +0.77% to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday. Cambodia has vast untapped oil and gas resources ...

The energy exploration and production company said in a statement on Tuesday that its associate company CPHL (Cambodia) has signed a drilling environmental impact assessment (EIA) contract with two environmental consulting firms The firms, the International Environmental Management Company Limited and SAWAC Consultants For Development Company ...

Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...

Cambodian King Norodom Sihamoni began a 3-day state visit to Vietnam starting on Monday at the invitation of Vietnamese President Truong Tan Sang, local media reported. The visit, the fourth made by Cambodian king since he came to the throne in 2004, will likely elevate further ...

Minister of Commerce Cham Prasidh and 100 Cambodian companies are set to represent the Kingdom at the 9th China-ASEAN Expo in Nanning, China, which starts tomorrow, according to officials. The expo will include representatives from all 10 ASEAN countries and China itself. Cambodian officials will seek ...

Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. In 2001, officials from ...

In his talk at the ASEAN energy ministers meeting held in Phnom Penh last week, Prime Minister Hun Sen emphasized the need for the ten-member bloc to work together to bolster its regional energy connectivity to meet a rapidly growing demand for energy. He also ...

Cambodia had spent 1 billion U. S. dollars to buy petroleum from foreign suppliers in the first seven months of this year, up 22 percent from 817 million U.S. dollars at the same period a year ago, a report of the Commerce Ministry showed Saturday. The ...

The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...

Two weeks after Prime Minister Hun Sen returned from China with more than half a billion dollars in new loans and grants, Cambodia once again asked Beijing for money on Thursday. In a bilateral discussion held alongside this week’s series of meetings between Asean energy ministers, ...