News
Gov’t scoops up more mining revenue
In the first eight months of the year the Ministry of Mines and Energy has already surpassed its annual target for non-tax revenue collection from sand dredging and construction material-related mining operations, collecting 117 percent of the $6.6 million outlined in the 2016 national budget, ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-scoops-more-mining-revenue
Petroleum law a step closer
The Ministry of Mines and Energy (MME) yesterday sent the newly-drafted petroleum law to civil society organizations and other partner institutions working in the extractive sector for consultations before submitting it to the Council of Ministers for approval by the end of this year. ...
Sok Chan
http://www.khmertimeskh.com/news/27469/petroleum-law-a-step-closer/
Government considering national oil company
The Ministry of Mines and Energy is in the early stages of developing a national oil company, a ministry spokesman said Wednesday. Meng Saktheara, who is also a secretary of state, said his ministry had been working with the Finance Ministry to assess the risks of ...
Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/government-considering-national-oil-company-79538/
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
Groups want US help in improving transparency in extractive industries
Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...
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
Geopacific extends its copper zone
Geopacific Resources, an Australian mineral exploration company, said it has extended the zone of copper found in Preah Vihear province’s Kou Sa district to 18 kilometres, the company announced yesterday. ...
http://www.phnompenhpost.com/2013052965899/Business/geopacific-extends-its-copper-zone.html
Locals in the Dark to Chinese Rail Project
With two Chinese firms due to start work on a 400-km railway, steel mill and port in July, an environmental impact assessment (EIA) has yet to be conducted, and affected provinces are still largely in the dark about the massive infrastructure project. In a ceremony in ...
http://www.cambodiadaily.com/business/locals-in-the-dark-to-chinese-rail-project-7128/
Cambodian Transparency Organization Applauds US Rule On Oil, Gas and Mining Payments Disclosure
Cambodians for Resource Revenue Transparency (CRRT) wrote a letter to Ms. Elizabeth M. Murphy, Secretary of U.S. Securities and Exchange Commission on February 7, 2012 to back up PWYP’s recommendations and to encourage the Commission to define the “Project” in relation to each lease, license ...
Looming oil funds put Cambodia at crossroads
On Sunday, CPP lawmaker Cheam Yeap will attend a forum on the evolving oil and gas sector with about 400 university students. If all goes according to plan, Chevron Corporation will begin to extract oil from Cambodian waters in little over a year. Though the amount ...