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Energy Highlights

Pulau Muara Besar phase two development under negotiation

THE Government 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 is negotiating with Hengyi Industries on the phase two development of Pulau Muara Besar (PMB). The development will depend on the progress of the negotiation. Continue...

14th LegCo session ends with $5.3B budget passed

A national budget of $5.3 billion has been passed for the financial year 2018/2019, as the 14th Legislative Council session came to a close on Tuesday following a 12-day sitting. Continue...

Transparency, open discussions vital for country’s growth, development

THE importance of transparency between the government and the community as well as the involvement of youths were lauded by YB Siti Rozaimeriyanty binti Dato Seri Laila Jasa Haji Abdul Rahman yesterday, in her closing remark on the final day of the 14th Legislative Council (LegCo) session. Continue...

Close cooperation, unity crucial to realise Brunei Vision 2035

THE importance of unity and close cooperation was highlighted by Legislative Council (LegCo) member YB Pehin Orang Kaya Pendikar Alam Dato Paduka Seri Haji Hasrin bin Dato Paduka Haji Sabtu in a closing speech at the LegCo meeting yesterday. Continue...

80% of Brunei villages now have mobile coverage

More than 80 per cent of villages in Brunei now have mobile coverage, the minister of communications said on Monday, attributing the growing mobile access to continuous improvements in infrastructure and partnerships with telco service providers. Continue...

​​​Oil Prices


​Change ​%Change ​Contract
​Crude Oil (WTI)
​USD/bbl 65.41+0.24

May 18
​Crude Oil (Brent)
​USD/bbl 69.68+0.21
May 18
​TOCOM Crude Oil
​JPY/kl 42,520.00 +1,490.00 +3.63%
Aug 18
​NYMEX Natural Gas
​USD/MMBtu 2.65
 Apr 18

 Source: Bloomberg