Cambodia's Ministry of Environment has granted final approval to Angkor Resources' subsidiary EnerCam to drill exploratory wells in four sub-basins of Block VIII, covering a large area in southwest Cambodia. This approval follows a detailed Environmental Impact Assessment and inter-ministerial review, marking a key step towards Cambodia's first privately financed onshore oil and gas drilling program. EnerCam is now moving forward with drilling contractor selection and further permits from the Ministry of Mines and Energy. Successful exploration could reduce Cambodia's dependence on imported hydrocarbons and develop its domestic energy resources.
Angkor Resources' subsidiary received approval to drill in Cambodia's Block VIII. For readers following the energy sector, here is Pluang's market snapshot as of Sep 30, 2026 20:03 WIB: 32 of 38 energy stocks rose today. Notable movers include EOG Resources Inc at USD 141.00 with a 0.96% increase and 54% buy order activity, First Solar, Inc. at USD 178.37 up 0.81% with 100% buy orders, and Tidewater Inc at USD 81.80 also up 0.81% with full buy orders.
Conagra Brands reported a 1.4% decline in first-quarter revenue to $2.6 billion, with organic net sales down 1.1%, causing shares to fall 4.6%. Despite the sales drop, adjusted earnings per share rose 5.1% to $0.41, beating analyst estimates of $0.28...
Deutsche Bank has increased its target price for Vodafone Group PLC to 160p from 150p and maintained a 'buy' rating, citing fewer risks and a stronger earnings and cash flow outlook. The bank noted improved investor sentiment following Xavier Niel’s ...
Cisco's stock recently pulled back, presenting a buying opportunity before the October 2 record date for its next 42-cent quarterly dividend. The company benefits from accelerating growth driven by AI data center demand, with fiscal 2026 revenue up n...
Meta's stock has surged 25% in the past month as the company invests heavily—over $130 billion—in AI technology, aiming to transform its advertising business. Despite strong revenue growth and increased AI-driven ad engagement, Meta faces margin pres...
Cinemark and CJ 4DPLEX announced a deal to add 20 new SCREENX auditoriums—17 in the U.S. and 3 in Latin America—by 2026. This expansion increases Cinemark's U.S. SCREENX locations to 30, enhancing premium immersive movie experiences ahead of major re...
