Power firm holds off expansion, eyes LNG
Aboitiz Power Corp. said is holding off international expansion plans until 2022 but expressed interest to join the bandwagon of local conglomerates in developing liquefied natural gas (LNG) power projects.
Aboitiz to pursue expansion in 3 ASEAN countries
While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.
Gov’t dangles 8 ‘conditions’ in Malampaya license extension
The Philippine government is dangling at least eight conditions that the consortium-members of Service Contract (SC) 38 led by Shell Philippines Exploration B.V. (SPEX) must comply with for the license extension of the $4.5 billion Malampaya deep-water-gas to power project.
Singapore’s Pavilion Energy signs 10-year LNG agreement with Qatar Petroleum
SINGAPORE – Singapore is continuing its push towards cleaner and more sustainable energy sources, with Temasek-owned Pavilion Energy signing a 10-year sale and purchase agreement with the world’s largest liquefied natural gas (LNG) producer Qatar Petroleum on Monday (Nov 9).
Myanmar secures energy supply with new 16MW gas power plant
In the Southeast Asian nation of Myanmar, a 16MW gas-powered plant has been installed to ensure reliable energy supply.
AboitizPower shuns coal in favor of natural gas
Aboitiz Power Corp. has been on a pivot toward renewable energy and away from coal-based electricity generation—even before the Department of Energy (DOE) announced a moratorium on greenfield coal projects—and is now even considering natural gas as an added boost for recovery from the pandemic.
Cummins installs lean-burn gas generators for southeast Asian plant
U.S. on-site power manufacturer Cummins Inc. has installed its gas-fired generators for a 16-MW power plant in Myanmar.
Philippines greenlights oil exploration in disputed sea without China
The Philippines said oil exploration in the disputed South China Sea can proceed without China, in what could be a further sign of the Southeast Asian nation’s tougher stance against Beijing.
