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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




New members of Legislative Council appointed

BY COMMAND of 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, following the dissolution of the Legislative Council (LegCo), it was announced yesterday that His Majesty has consented to the appoinrment of the new members of LegCo. Continue...


Items from recycled vessel handed over to BMA

A HANDOVER ceremony for items from the previously recycled vessel of Brunei Shell Tankers Sdn Bhd (BST), Bilis was held between Brunei Gas Carriers Sdn Bhd (BGC) on behalf of BST and the Brunei Maritime Academy (BMA) yesterday. Continue...


French Senators' Delegation Sees Big Opportunities in Tourism, Technology, Oil and Gas

France is interested in further strengtheningbilateral ties with Brunei Darussalam in the field tourism, technology and oil and gas.This was revealed by a delegation of four French senators that concluded its first visit to the Sulatanate Thursday. Continue...


Mozzat Enterprises celebrates 1 million man-hours without LTI

MOZZAT Enterprise Sdn Bhd (MESB), an independent inspection service provider for Brunei Shell Petroleum Co Sdn Bhd (BSP), surpassed more than one million man-hours without any Loss Time Injury (LTI). The company celebrated the excellent achievement yesterday at the Serikandi Restaurant in Kuala Belait. It’s been 30 months since MESB started operations with the current work force of more than 230. MESB said it was a milestone to surpass a million safe man-hours. Continue...


Japan to give ‘stars’ to hotels saving energy

TOKYO (The Japan News/ANN) – With the star ranking system, the government aims to foster competition among companies to save more energy. Continue...

http://borneobulletin.com.bn/index.php/japan-give-stars-hotels-saving-energy/attachment/20228010/

​​​Oil Prices


 

​Commodity
​Units ​Price ​Change ​%Change ​Contract
​Crude Oil (WTI)
​USD/bbl  52.51+0.14
+0.27%

  Feb 17
​Crude Oil (Brent)
​USD/bbl 55.86+0.41
+0.74%
 Mar 17
​TOCOM Crude Oil
​JPY/kl 38,910.00 +50.00 +0.13%
Jun 17
​NYMEX Natural Gas
​USD/MMBtu 3.48 +0.06
+1.84%   Feb 17

 Source: Bloomberg