From being a finalist last year, Muntinlupa National High School (MNHS) topped an international research competition promoting renewable energy. In awards rites held on Monday in Abu Dhabi, the public school received the 2019 Zayed Sustainability Prize (ZSP) for its research proposal titled “RevAMP: Revitalized Algae Micro-farming,” besting hundreds of entries from around the world. […]

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 […]

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 […]

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 […]

One of the Philippines’ largest banks, Rizal Commercial Banking Corporation (RCBC), on January 14 announced the establishment of its green finance framework to provide the basis for the issuances of green bonds and loans, which can be denominated in pesos or in any other currency. Proceeds from any green financing exercise under the framework will […]

MANILA, Philippines — Another major fuel price hike takes effect today – the second in two weeks this month – in step with rising crude costs in the world market. The second tranche of the fuel excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) law has nothing to do yet with the […]

MANILA — AboitizPower remains keen on investment opportunities outside the Philippines, its Chief Operating Officer Emmanuel Rubio said Tuesday. Rubio told reporters that the company is still looking for investment opportunities in the power generation business in Southeast Asian countries such as Indonesia, Myanmar, and Vietnam. He said AboitizPower is currently doing feasibility studies and […]