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Tag Archives: petroleum industry
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
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
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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 2
Petroleum contracts are long and complex. Production sharing agreements, the type of contracts being signed in Cambodia, are no exception. However, they are important to the country’s future economic and development options and hence it would be helpful if the … Continue reading
Posted in Oil and gas
Tagged gas price, Oil and gas, oil drilling, Oil management, oil price, petroleum industry
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Oil Revenue Not Likely Until 2013
COMMERCE ministers from the Mekong region will be warned today at a major conference that countries must boost trade and transport sector reforms if they hope to boost intraregional trade and reduce reliance on ailing external trade partners. Arjun Thapan, … Continue reading
Posted in Oil and gas
Tagged oil and gas management, Oil exploration, oil price, petroleum drilling, petroleum industry
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Vietnam’s petroleum company met Sok An
On Monday, a delegation from Vietnam’s state-owned petroleum company Vietnam Oil met with Deputy Prime Minister and Minister of Council of Ministers to make discussion over oil exploration in Cambodia soil. According to the hand-written statement by the council, Dinh … Continue reading