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 […]

Global Vanadium is in active negotiations for two new projects as part of its continued vanadium focus. Newly renamed and refocused Global Vanadium (ASX: GLV) has announced two potential project opportunities and provided an update on its investment in the Philippines iron sands vanadium-magnetite project. The Western Australia-based company officially changed its name and ASX […]

MANILA – First Gen and Energy Development Corp said Monday they were the only Philippine companies included in the most recent Carbon Clean 200 list. It was the first time for First Gen and the third time for EDC to make it to the list compiled by non-profit organization As You Sow in the US […]

MANILA – DoubleDragon Properties Corp on Monday said its subsidiary CityMall Commercial Centers Inc. signed an agreement to support the renewable energy efforts of the World Wide Fund for Nature (WWF) Philippines. The Memorandum of Agreement will boost projects that promote and demonstrate renewable energy use, low carbon development in cities, and sustainable consumption and […]

Hanoi (VNA) – New financial sources, particularly from the private sector, will help Vietnam further develop its energy industry, according to a new World Bank report on maximising finance for Vietnam’s energy development. Titled “Maximising Finance for Development in Vietnam’s energy sector”, the report said the changing macroeconomic and sectoral context in Vietnam requires a […]

KUALA LUMPUR (Jan 13): Tenaga Nasional Bhd (TNB) is introducing blended coal at its coal-fired power plant in Lumut, Perak, as part of a continuous effort to ensure a sustainable coal supply for electricity generation. The introduction of blended coal for the Sultan Azlan Shah Power Station, which produces 20% of Peninsular Malaysia’s energy generation, […]

Myanmar Investment Commission (MIC) granted the permits to nine new investments including CMP factories and LPG businesses at its meeting on January 11. The nine new foreign investments are: meat packaging, rice and rice mill products, animal feed production, baby chicks production, CMP garment industries, power production, LPG industry, warehouse and logistics services and vehicle […]

The new Philippine company set to appropriate ECG (Electricity Company of Ghana) is bringing approximately $580 million into their operations. Meralco Consortium, a power corporation from the Philippines, will adopt all assets and operations associated with ECG under the name Power Distribution Services (PDS) Ghana Limited. The takeover happens on February 1, 2019. This event […]

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 […]

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 […]