Categories
Category Archives: Oil and gas
Little Information Known About Oil, Gas: Survey
A new survey suggests that many of Cambodia’s smaller business entrepreneurs are not fully aware of the development of the extractive industry. The survey, initiated by Cambodians for Resource Revenue Transparency and issued Tuesday, found that out of 548 companies, most had little knowledge of the sector and that information was lacking in both the media and the business community. However, observers say development of these resources, especially in oil and gas, will require good management and will affect many businesses Continue reading
Explaining spending oil and gas revenues remained unclear
Concerns over the management of oil and gas revenues by public and opposition parties, so far, there are 23 companies having been awarded rights to explore for oil and gas in Cambodia’s offshore but not all of them are operating. … Continue reading
Refining Crude Oil – Part 2
Refining is a capital-intensive industry in a market driven by divergent forces—cleaner fuelsto address local air pollution; greater fuel efficiency against the backdrop of record oil prices; and steadily rising consumption of transportation fuels due to rising income, especially in … Continue reading
Posted in Oil and gas
Tagged Oil and gas, oil and gas industry, oil and gas management
Leave a comment
Refining Crude Oil – Part 1
Crude oil is what we extract out of the ground; refined products (such as gasoline and diesel) are what we consume. As of end-2007, there were 657 refineries around the world with a combined crude processing capacity of 85 million … Continue reading
Posted in Oil and gas
Tagged Oil and gas, oil price, petroleum drilling, petroleum industry
Leave a comment
Prime Minister called on petrol firms to lower cost
Prime Minister Hun Sen called on two local petrol companies to reduce cost of oil or hold them steady during his speech at graduation ceremony at Build Bright University in Phnom Penh. He praised the two oil companies but he … Continue reading
Contracts for Petroleum Development – Part 3
The flows of oil revenues are quite complex. This note presents the results of two hypothetical simulations — one a progressive production sharing regime and the other regressive – to illustrate qualitatively how they affect the amount and timing of … Continue reading
Posted in Oil and gas
Tagged Oil and gas, oil drilling, Oil exploration, oil industry, Oil management
Leave a comment