Reported before the weekend, 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 this week, in which the former will supply a total of 13.5 MW to TNG’s seven office buildings. These TNG buildings include Net Park, Net […]

MANILA, Philippines — The team-up of businessman Dennis Uy’s Phoenix Petroleum Philippines Inc. and China National Offshore Oil Corp. (CNOOC) expects to start operating its liquefied natural gas (LNG) terminal by 2023. This is after their joint venture firm Tanglawan Philippines LNG Inc. was granted by the Department of Energy (DOE) the notice to proceed […]

Trading house Itochu Corp. will start a business that generates electricity from the unused parts of pineapples in the Philippines. Itochu group company Dole Philippines Inc., which produces pineapples and bananas in the Southeast Asian country for export to North America and Japan, has tied up with a local venture company for the project. While […]

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 […]

Quang Ninh (VNA) – The Quang Ninh Electricity Company is carrying out the installation of solar panels for 15 households residing on Tran island, Thanh Lan commune, Co To Island district, the northern province of Quang Ninh. These solar panels with capacity of 1kWp will enable these households to have sufficient power for their daily […]

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 […]

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 […]

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 […]

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 […]

The Philippines’ energy ministry has approved the bid from local fuel retailer Phoenix Petroleum and China’s CNOOC to build the country’s first liquefied natural gas (LNG) import terminal. The $2 billion regasification and imports terminal will be built south of the capital of Manila, featuring a capacity to handle 2.2 million tonnes per annum (Mtpa) of […]