Asia’s US$350 billion gas buildout intensifies clean energy debate; allows the Philippines, Vietnam and China avoid coal energy
MANILA, April 5 (Bloomberg): Asia is pumping billions of dollars into new gas infrastructure, making the region pivotal in a debate over the role of the fossil fuel as the world aims to curb emissions.
Roque to push for nuke energy, natural gas
MANILA – UniTeam senatorial candidate Harry Roque supports nuclear energy to meet the country’s growing energy demand but is against reviving the Bataan nuclear power plant (BNPP) since it would put the people and the environment at risk.
JERA opens Singapore company to renegotiate LNG deals
JERA, the world’s largest buyer of liquefied natural gas (LNG), has established a new subsidiary JERA LNG Portfolio Strategy in Singapore, which offers a strategic base to maximise the value of JERA’s LNG portfolio.
Keep Sapura’s huge oil reserves out of foreign hands, says Najib
PETALING JAYA: Former prime minister Najib Razak insists that the government offer a loan guarantee to Sapura Energy Bhd in order to save its oil reserves from falling into foreign hands before its full potential can be realised.
Fuel prices seen to retreat next week
MANILA, Philippines — A combination of crucial developments abroad, including releases from oil reserves, new lockdowns and peace talks, are forecasted to push fuel prices down in the country next week, an official of the Department of Energy said Saturday.
Another Japanese giant exits Myanmar
Japanese energy company Eneos is the latest player to pull out of Myanmar’s upstream oil and gas industry, announcing on Friday that it was exiting the producing Yetagun gas project in response to “social issues”, amid criticism that the project’s revenues are flowing to the nation’s military junta.
Fuel prices rising again next week after Putin’s threat
After making a hefty rollback in fuel prices last week, oil companies are expected to raise them by as much as P8.30 per liter this week after Russian President Vladimir Putin threatened European gas imports and a storm knocked out a major oil pipeline.
Electric Vehicles are Solution for Curbing Oil Imports: Jokowi
The development of electric vehicles is part of a grand design for renewable energy transition that may offer Indonesia a solution to curb fuel oil imports and save state funds, President Joko Widodo (Jokowi) has said.
