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Thailand PTT E&P Q2 earnings disappoint
(26 July 2012)

BANGKOK: Thailand's top oil and gas explorer, PTT Exploration and Production Pcl (PTT E&P), missed market expectations with a 31% fall in quarterly net profit, highlighting the need for the energy company to ramp up production and bolster sales.

Pertamina rejects offer to take turns with Total
(26 July 2012)

State-owned oil and gas producer PT Pertamina has rejected a proposal from the government to take two year turns with France-based Total SA to operate the Mahakam block in East Kalimantan after the latter’s contract expires in 2017.

Newfield Exploration raises output forecast
(26 July 2012)

(Reuters) - Oil and gas producer Newfield Exploration Co raised its full-year production forecast for the second time on positive results from its key plays as it shifts its focus on oil and natural gas liquids.

Malaysia's Petronas unit shuts part of methanol complex over fire
(26 July 2012)

KUALA LUMPUR, July 26 (Reuters) - Petronas Chemicals , a unit of Malaysia's state oil firm, has shut part of its methanol processing complex off the coast of Borneo island as firefighters battle a blaze on a nearby chemical tanker, the company said on Thursday.

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