'energy' Stories - The Scoop

Ministry of Energy absorbed by PMO The energy portfolio will now be handled by the Prime Minister's Office

May 20, 2022

BANDAR SERI BEGAWAN – The Ministry of Energy has been set aside and reformed as the Department of Energy under the Prime Minister’s…

Oil prices hit 14-year highs on Russia oil ban talks, Iran deal delay Analysts say a prolonged war in Ukraine could push Brent above US$150 per barrel

March 8, 2022

BENGALURU (Reuters) – Oil prices jumped on Monday to their highest levels since 2008 as the United States and European allies considered banning…

Brunei to ramp up hydrocarbon output after new oil discovery Energy sector expected to recover in 2022 as oil prices jump to seven-year high

March 2, 2022

BANDAR SERI BEGAWAN – Brunei plans to ramp up production in the upstream and downstream oil and gas sectors after discovering 42 million…

Economic woes continue to batter Brunei as oil output hits record low Brunei economy struggles to recover with 2.2% contraction in Q3 2021 amid second COVID wave

January 11, 2022

BANDAR SERI BEGAWAN – Brunei’s crude oil production plunged to a record low in the third quarter of 2021 as the second COVID…

Brunei economy slides into recession after worst quarter in three years Underwhelming performance of oil and gas sector continues to weigh down on economy

October 11, 2021

BANDAR SERI BEGAWAN — The Brunei economy slid deeper into recession after posting its largest quarterly contraction in three years amid persistent oil…

Economic diversification gathers pace as oil reliance wanes: CSPS Brunei should make use of its competitive advantage in energy sector and expand into niche markets, says think tank

August 4, 2021

BANDAR SERI BEGAWAN – Brunei has made “substantial progress” in diversifying its oil-driven economy in recent years, and should continue harnessing its strengths…

Gov’t announces new energy efficiency standards for air conditioners Beginning June 2022, air conditioners that do not meet energy efficiency standards cannot be imported into Brunei.

July 6, 2021

BANDAR SERI BEGAWAN — Air conditioners that do not meet new energy efficiency standards cannot be imported into Brunei from June 14 next…

Over 1,000 ageing oil wells to close in next 30 years Decommissioning of oil facilities is expected to be a lucrative industry in Brunei

June 28, 2021

BANDAR SERI BEGAWAN — Over 1,000 ageing oil wells and platforms are expected to be dismantled in the next 20 to 30 years,…

BSP launches solar park in turn to renewable energy The 3.3 MW plant in Panaga can generate electricity equivalent to 600 households in a year

April 7, 2021

BANDAR SERI BEGAWAN — Brunei Shell Petroleum (BSP) has launched a 3.3 MW solar plant to power its Seria headquarters as it seeks…

Brunei begins exploratory drilling in deepwater wells Gov't hopes to triple oil production in next 5 years

March 30, 2021

BANDAR SERI BEGAWAN – Brunei Shell Petroleum (BSP) and Shell Exploration and Production Brunei (SEPB) are making final preparations to drill deepwater exploration wells…

Tag: energy