Brunei

US, Philippine troops shoot down drones in joint defence drills

U.S. soldiers and Philippine soldiers destroyed drones using Stinger missiles in live-fire drills Sunday. The exercises were part of an annual joint military exercise that took place during a time when tensions between Beijing and the Philippines over the South China Sea are simmering. More than 14,000 Filipino and U.S. troops are participating in this year's Balikatan, or "shoulder-to-shoulder", exercises, which run until May 9, focusing on a "full battle test" between the two defence treaty allies in response to regional security concerns. China has condemned the drills for being provocative. The drills took place in Zambales, a province located

Natural Gas Liquids

Bangladesh seeks long-term LNG contracts, to build new LNG import terminals

United States, Japanese, Philippine leaders discussed China's behavior in South China Sea, White Home says

U.S. President Joe Biden on Sunday met essentially with his equivalents from Japan and the Philippines to advance cooperation amongst the three countries, the White Home stated. The 3 leaders discussed trilateral maritime security and economic cooperation, and China's unsafe and unlawful habits in the South China Sea, it said in a statement. The three leaders agreed on the significance of continued coordination to advance a complimentary and open Indo-Pacific. Biden spoke with Japanese Prime Minister Ishiba Shigeru and Philippine President Ferdinand Marcos Jr. late on Sunday, a week before Biden leaves office and hands power to President-elect Donald Trump

Environment

China-U.S. talks on crucial problems under danger as brand-new Trump period looms

China says no clinical, factual basis for Philippines' damage claims at Sabina Shoal

China launched on Friday its initially survey report of the South China Sea's contested Sabina Shoal, stating there was no clinical or factual basis for reef damage claims made by the Philippines. In the report by the natural deposit ministry carried out from May to July, it discovered that crucial environment index values in the reef area were within the suitable development variety of the coral reef system. When it comes to the claim created by the Philippines that China's. synthetic accumulation of coral particles at Xianbin Reef has. triggered a great deal of coral bleaching and death in the.

Energy Markets

TotalEnergies offers Brunei system to Hibiscus Petroleum for $259 mln

French oil and gas major TotalEnergies will offer its Brunei organization to Malaysian independent expedition and production firm Hibiscus Petroleum for $259.4 million, both companies said on Friday. TotalEnergies said the sale belongs to its method to offer its mature fields and reallocate cash to promising brand-new areas, such as Namibia , where the French company will invest 30% of its exploration budget plan for 2024. For Hibiscus, the appeal is in obtaining a. well-established gas asset in a steady neighbouring. country where the group hopes it can increase output. We have actually been looking for the best opportunity to

Brunei LNG provides very first freight because plant outage