Australia’s Beach to supply LNG to BP Singapore from Waitsia project
Sept 27 (Reuters) – Australia’s Beach Energy (BPT.AX) said on Monday it has signed a deal to supply liquefied natural gas to BP Plc’s (BP.L) Singapore unit from its Waitsia Gas Project Stage 2.
Awarded: Geotechnical contract for Vietnam offshore wind farm
The La Gan Wind Power Development Corporation owned by Copenhagen Infrastructure Partners (CIP), Asiapetro and Novasia, has awarded an offshore geotechnical contract to a consortium led by Vietsovpetro, PTSC G&S and Fugro.
Ayala Group secures bigger stake in West Palawan offshore contract
MANILA, Philippines — ACE Enexor Inc. (formerly Phima Petroleum and Geothermal Inc.) has secured a bigger stake in service contract (SC) 55 offshore west Palawan after one of its partners withdrew. The Department of Energy (DOE) approved the assignment by Century Red Pte. Ltd. of its 37.5 percent interest in SC 55 to Palawan55 Exploration […]
Ayala in search for deep-pocketed partner for oil/gas exploration
Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan.
Ayala unit set to co-own Batangas Clean Energy
ACE Enexor, Inc. (ACEX) and Gen X Energy L.P. is set to acquire 50% each of shares in Batangas Clean Energy, Inc. (BCE), subject to clearance from the Securities and Exchange Commission.
B.Grimm hails first private import of LNG
B.Grimm Power Plc (BGRIM) has become the first private company to procure liquefied natural gas (LNG) for Thailand, following an agreement with national oil and gas conglomerate PTT Plc to use its LNG receiving and regasification facility in Rayong.
B.Grimm looks to renewables, LNG
B.Grimm Power Plc, Thailand’s top private power generation firm by capacity, continues to expand its domain in renewable energy and liquefied natural gas (LNG) businesses as cleaner energy is becoming a new global trend. Its president Preeyanart Soontornwata said her company will not stop looking for business opportunities in energy sector despite economic slowdown caused by […]
B.Grimm Power and PTT create LNG JV in Thailand
Thailand’s B.Grimm Power will form a 50/50 joint venture to source and trade liquefied natural gas (LNG) with PTT Global LNG, a subsidiary of state-backed energy company PTT. “The objectives of the cooperation are to procure and supply LNG and explore other business opportunities related to LNG value chain both domestically and internationally in order […]
B.Grimm, partners push Vietnam project
B.Grimm Power has partnered with Energy Capital Vietnam (ECV) and Siemens Energy to develop an LNG-to-power project in southern Vietnam.
Banks, petrol help market end positive
HÀ NỘI – Banks and petroleum companies drove the Vietnamese stock market up on Friday while caution still weighed on overall sentiment ahead of the US-China talks at the G20 summit. The benchmark VN Index on the Ho Chi Minh Stock Exchange inched up 0.12 per cent to close at 898.19 points. The southern market […]