By Joe Hoppe Upland Resources shares rose Friday after it said that its joint-venture company, Upland Big Oil Ventures, has met with Brunei authorities to.
Malaysia: Upland Resources provides update on Sarawak Block SK334 collaboration energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Upland Resources Ltd on Friday said its local joint venture company Upland Big Oil Ventures Sdn Bhd met with the Petroleum Authority of Brunei Darussalam to discuss collaborating on oil block SK334,.
Justice for Myanmar issued a statement questioning the suitability of Erywan Yusof’s appointment as ASEAN’s envoy, given his country’s energy ties to the military junta.
Singapore Spot cash premiums for June-loading barrels of Malaysian and Vietnamese crude oil have eased on the month amid demand concerns as COVID-19 cases spike in Asia, ample availability of arbitrage cargoes, and a wide Brent/Dubai EFS, market participants said.
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COVID-19 resurgences in key demand centers in Asia, such as Thailand and India, raised concerns on demand for regional crudes weakening, they said. There is a potential for further lockdowns in Thailand and India due to COVID-19. Thailand is one of the biggest buyers of regional crude, if the movement restrictions increase, the demand for regional crude will not be good, said a source with a trading house.