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Brunei Darussalam has greatly benefited from more than a century of activity in the energy sector, after the first commercial discoveryof oil in Seria in 1929. Since then, the energy sector has grown to become a core pillar of the wealth of our nation. Brunei Darussalam is also a respected and active member of the regional and international community, a relationship which is driven by the ideals set forth by His Majesty's direction of mutual respect and peaceful co-existence. His Majesty's foresight, wisdom and guidance has ensured that we are able to enjoy a stable, comfortable and peaceful way of life in a nation, which remains on a steady path of economic growth.

The Energy and Industry Department, Prime Minister's Office (EIDPMO) has set bold targets for the energy sector to realise the sector's full potential, conscious that these will require sustained passion and a significant mobilization of efforts. As before, the Government of His Majesty the Sultan and Yang Di-Pertuan of Negara Brunei Darussalam through the EIDPMO works hand in hand with its local, regional and international, private and public partners, to ensure that a welcoming and conducive investment environment continues to flourish.





Energy Highlights




LiveWIRE holds ‘Bright Ideas’ workshop

LIVEWIRE Brunei yesterday conducted a workshop for youths who are interested in starting their own business. Continue...


300 Local Jobs To Be Created By BSP

In support of Brunei Shell Petroleum Company Sdn Bhd (BSP)’s vision to be a competitive oil and gas company by 2020, it is carrying out a restructured programme to improvise its asset’s reliability and availability. Continue...


Society of Petroleum Engineers Brunei Section celebrates 20th anniversary

THE Society of Petroleum Engineers (SPE) Brunei Section recently celebrated its 20thanniversary at the Indera Kayangan Ballroom, The Empire Hotel & Country Club with the theme ‘Yesterday, Today, Tomorrow’. Continue...


Hengyi Industries signs scholarship agreements with UBD students

HENGYI Industries Sdn Bhd yesterday signed scholarship agreements with 14 Universiti Brunei Darussalam (UBD) students for a joint Chemical and Process Engineering Scholarship Programme with UBD and Zhejiang University, China. Continue...


Sultan Receives Visit From BSP’s Managing Director

His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam, yesterday afternoon receives an official visit from Andrew Faulkner, the Managing Director of Brunei Shell Petroleum Company Sdn Bhd (BSP). Ceri Powell, the new Managing Director of BSP accompanied Andrew Faulkner during the visit. Pehin Orang Kaya Pekerma Dewa Dato Seri Setia Lim Jock Seng, Minister at the Prime Minister's Office and Minister of Foreign Affairs and Trade II and Pehin Datu Singamanteri Colonel (Rtd) Dato Seri Setia (Dr) Awang Haji Mohammad Yasmin bin Haji Umar, Minister of Energy and Industry at the Prime Minister's Office were also present during the visit. The visit took place at the Istana Nurul Iman. Continue...


​​​Oil Prices


 

​Commodity
​Units ​Price ​Change ​%Change ​Contract
​Crude Oil (WTI)
​USD/bbl  54.38+0.05
+0.09%

Apr 17
​Crude Oil (Brent)
​USD/bbl 56.66+0.48+0.85%
 Apr 17
​TOCOM Crude Oil
​JPY/kl 38,920.00 +190.00 +0.49%
Jul 17
​NYMEX Natural Gas
​USD/MMBtu 2.58 +0.01
+0.51%  Mar 17

 Source: Bloomberg