Puma Energy beats PTT in Myanmar’s jet fuel business deal

Singapore-based Puma Energy Group has won the bid to import and distribute jet fuel to airlines at Yangon International Airport. The three other shortlisted companies were PTT and Bangkok Aviation Fuel Services from Thailand and Singapore Petroleum. A total of 23 companies applied for the licence with the Energy Ministry. PTT was the runner-up. A […]

Shell Myanmar Energy to spend US$1.2 bn on offshore oil exploration

Shell Myanmar Energy is poised to spend US$1.2 billion on offshore oil and gas exploration and provide $61 million as a signature bonus to state-run Myanmar Oil and Gas Enterprise (MOGE) , the Energy Ministry has announced. The company has the green light to run two sites (AD-9 and AD-11) in Rakhine State and one […]