SILANG, Cavite — Waste management will no longer be a problem for this municipality after its local government signed a memorandum of agreement (MOU) with Trashtalk Phil. (Waste Management and Green Solution Inc.) for the implementation of a green energy project. Under the MOU forged on Tuesday, the investor Trashtalk will put up waste-to-energy facilities […]

ORMOC CITY – Two Philippine companies, the Lopez-led First Gen Corporation and Energy Development Corporation (EDC), have been included in the latest list of the world’s top 200 biggest and greenest companies. The two companies have their offices here with First Gen in Ormoc City, and EDC in Kananga, Leyte. The prestigious list, called the […]

A third LPG cargo from Ichthys is on the way to Japan. The 44,000 mt mixed refrigerated cargo arrived at Vung Tau port in southern Vietnam on December 29 aboard the VLGC BW Elm, a shipping source said on Wednesday. The cargo was lifted by French oil company Total aboard the 58,136-dwt vessel around mid-December […]

Vietnam has incredibly developed economic activities, industries, urbanization and living condition  improvement; therefore, sustainable energy development is considered as a current tendency in the country. Ms. Cecilia Strandberg from Renewables Academy (RENAC) and Mr. Ron-Hendrik Peesel from University of Kassel said that they believe Germany’s technologies could fully meet Vietnam’s energy development demand, and German […]

Hanoi (VNA) – The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power). Speaking at the signing ceremony on January 10, Deputy Minister of Industry and Trade […]

Buyers now need to directly pay for the electricity they receive from sellers. Vietnam will change the trading method for rooftop solar projects by replacing the net-metering method with the direct consumption-direct supply method. It issued Decision No. 02/2019/QD-TTg which amends some points in Decision No. 11/2017/QD-TTg. Previously, electricity sellers that sourced from rooftop solar […]

The axe has fallen on another listed oil and gas (O&G) company as Bursa Malaysia Securities Bhd rejected Perisai Petroleum Teknologi Bhd’s regularisation plan, opening the way for its exit from the local stock market. The 2014 oil price rout had claimed many O&G-related companies, with Perisai being the latest victim. Investors dumped Perisai’s shares […]

HE Ministry of Industry will encourage the manufacturing of electric vehicles in spite of the difficulties involved, said Minister of Industry U Khin Maung Cho. He said this at an event organised by local car assembler Dagon Arman Thit Co to launch three new car models in the local market on Sunday. Dagon Arman Thit […]

JAKARTA, Jan 15 (Reuters) – * Pertamina to buy 2.5 million barrels of crude per month from Chevron Pacific Indonesia in January-June 2019 – joint statement * Pertamina crude purchases from Chevron and other companies to cut its crude imports to around 250,000 barrels per day (bpd) from 342,000 bpd (Reporting by Bernadette Christina Munthe […]

MANILA, Philippines — To start the new year, Meralco announced that overall electricity rates decreased to P9.8385 per kWh this month from last month’s P10.1803 per kWh. The downward adjustment of P0.3418 per kWh will mean a decrease of around P68 in the total bill of a typical household consuming 200kWh. Lower PSA charges From […]