PTTEP wins Abu Dhabi deal
DUBAI: PTT Exploration and Production (PTTEP) of Thailand and Eni of Italy have secured rights to explore for oil and natural gas in Abu Dhabi, committing to invest at least US$230 million to assess the offshore fields. The concession will be operated by Eni and fully owned by the Italian and Thai companies. Abu Dhabi […]
Search for eco-schools highlights climate change
MANILA – Climate change will be a major consideration in evaluating initiatives of schools joining the search for the country’s most sustainable and eco-friendly public and private elementary and high schools, as well as higher education institutions (HEIs) starting this year. “We’re highlighting climate change due to what’s happening around us,” Elenida Basug, the Department […]
Can Yankee Ingenuity Jump Start The Philippine LNG sector?
A U.S.-based company, Excelerate Energy, is throwing its hat in the fledgling Philippine liquefied natural gas (LNG) sector. Excelerate, based in Woodlands, Texas, and Manila-based First Gen Corp., have filed a joint bid for an LNG import project, Philippines DOE Undersecretary Felix William Fuentebella said during a news conference in Manila on Monday. Excelerate filed its […]
Petrolimex urged to enhance petrol quality and competitiveness
NDO – The Vietnam National Petroleum Group (Petrolimex) must play a key role in supplying petroleum for socio-economic development, while enhancing the petrol quality and improving its competitiveness, said Deputy Prime Minister Trinh Dinh Dung. The Government official made the request at the Petrolimex conference held in Hanoi on January 12 to review its operations […]
IPP bidding for 8,300MW in 2019 pipeline
A co-generation gas-fired IPP project, operated by Egat, is located in Ban Pong district, Ratchaburi province. The Energy Ministry plans to open bidding for independent power producers (IPPs) for a combined capacity of 8,300 megawatts (MW) this year. This will be the fourth round after IPP rounds for a combined capacity of 14,948MW that occurred […]
Jadestone Energy Inc. Announces Montara Production Restart
SINGAPORE / ACCESSWIRE / January 11, 2019 / Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) (“Jadestone” or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, announces the restart of production from the Montara oil field, following its maintenance and inspection shutdown. Production operations restarted at the Montara facilities on January […]
Local fuel prices likely to rise again
After a drop in prices of K150 a litre, fuel prices are likely to rise again within a few days according to retailers. Since December 20, local prices for fuel have been falling in line with a drop in the prices of crude oil on the international market. “But the oil prices started rising again […]
Indonesia slightly lowers target for investment in electricity
The government is lowering its investment target for the electricity sector this year to US$12.04 billion, 1.3 percent less than last year’s target of $12.2 billion, after taking into account a recent slowdown in electricity consumption. Only $11.28 billion was invested in 2018, but that was 24.5 percent more than the $9.06 billion invested in […]
SP Group rolls out 38 electric vehicle charging points in 19 locations
SP Group, the giant energy provider of Singapore, has rolled out 38 electric vehicle (EV) charging points in different 19 locations around the island as part of its first wave of public charging points. The locations are equipped with nineteen 50kW direct current (DC) charging points as well as nineteen 43kW alternating current (AC) charging […]
Cleanergy powers all Net Group buildings in BGC
MANILA — AboitizPower’s Cleanergy is now providing all seven buildings of The Net Group (TNG) with clean and renewable energy. AboitizPower and TNG signed a power supply contract on Thursday, in which the former will supply a total of 13.5 megawatts (MW) to TNG’s seven office buildings. These TNG buildings include Net Park, Net Lima, […]