Cambodia extracts first crude oil from Thai Gulf after years of delays

A view of oil extraction facilities being operated by KrisEnergy and the Cambodia government in the Gulf of Thailand. KrisEnergy

Cambodia has begun extracting its first crude oil from the Gulf of Thailand – a development that Prime Minister Hun Sen called a “blessing” as observers demanded transparency over revenue in order to avoid the “oil curse” that has riled other major producing nations. The first drop was extracted from the “Block A” concession on […]