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/

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 ...

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