Projects in the Philippines, Indonesia, and Myanmar are already in the pipeline for financing. Singapore-based firms WEnergy Global, ICMG Partners, and Greenway Grid Global (GGG), an investment company with TEPCO Power Grid Inc (TEPCO-PG) as one of the major shareholders, have formed an investment entity of $60m. According to an announcement, this entity will finance […]

Indonesia’s state-owned Pertamina is expected to import around 9 million-10 million barrels of gasoline in February 2019, down from the estimated 10 million-11 million barrels in January, market sources said. Although higher from February 2018, Pertamina’s lower import volumes in February, compared with January, will likely exert downward pressure on the Asian gasoline market. Despite […]

While most countries have improved their electric vehicle (EV) infrastructure exponentially over the past few years, the same cannot be said locally. Given that there have been improvements, the EV infrastructure here is still limited. For example, there are only a handful of charging stations located all over the country and are a good distance […]

MANILA, Philippines – Soon, a Filipino-made train will hit the railway tracks, a first in Philippine transportation history. Developed by the Metals Industry Research and Development Center of the Department of Science and Technology (DOST), the train will soon be operational under the Philippine National Railways (PNR). What makes it different? In a phone interview […]

After an hour-long discussion, the House Committee on Energy unani­mously passed on Tuesday a substitute bill, which seeks to allocate the net national government share from the Malampaya natural gas project to pay the stranded debts and the stranded contract costs of the National Power Corporation (Napocor), and other ex­ploration projects to develop energy resources […]

Hengyuan Refining Co. Bhd. (HRC)—a subsidiary of Shandong Hengyuan Petrochemical Co. Ltd.—has approved a $66.4-million investment to develop and build a hydrogen manufacturing unit as part of a hydrogen generation (H2Gen) project for production of cleaner fuels at its 156,000-b/d refining complex in Port Dickson, Negeri Sembilan, Malaysia. Approved on Jan. 16, the primary objective […]

Like other countries, Thailand has incorporated the low-carbon economy model in policies, aiming for sustainable development and better public health. The Finance Ministry has already introduced excise taxes on vehicles that vary with emission levels and successive governments have endorsed railway projects such as the mass transit system in Bangkok. The Energy Ministry plans to […]

SINGAPORE – Energy provider SP Group has partnered with Ascendas-Singbridge Group (ASB) to install electric vehicle charging points in the latter’s buildings, the two companies announced on Monday (Jan 21). As part of the partnership, 24 high-speed chargers have been installed in six of ASB’s buildings – Hyflux Innovation Centre, Corporation Place, Techlink, Techplace I, […]

MEMBERS of the Philippine Energy Efficiency Alliance, Inc. (PE2) need to plan their staffing and capital resources based on how the proposed energy efficiency law would be able to “catalyze” investments in both the private and public sectors, the group’s top official said. “Some of these players will have to broaden access to newer technologies, […]

MANILA, Philippines – Oil companies will implement another fuel price hike on Tuesday, January 22, marking the 3rd straight week of increases. Caltex, Shell, Flying V, Phoenix Petroleum, Total, Petro Gazz, Seaoil, and PTT Philippines announced that they will be imposing a P0.10 per liter increase on gasoline and a P0.40 per liter hike on […]