Cambodian Economy Reviews

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. By the way, the public expressed worried about the Cambodia’s management of its natural resources [...]

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 developing countries. Part 2 of the briefing notes on refining discusses these topics and other [...]

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 barrels per day (bpd). This briefing note provides technical background information on the characteristics of [...]

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 criticized two international petro firms for their different approaches. The Premier said that the two [...]