Nickel mining indefinitely suspended in southern Philippines: official
MANILA (Reuters) – A nickel mining hub in the southern Philippines, which produces mostly high-grade material, has suspended extraction operations indefinitely as the regional government conducts an industry audit, a top government official told Reuters on Monday. The government of Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has suspended operations of all four mining companies […]
Fitch Ratings assigns PetroVietnam at ‘BB’ for first time
HÀ NỘI — Fitch Ratings has assigned the Vietnam Oil and Gas Group’s (PetroVietnam or PVN) first-time long-term foreign-currency issuer default rating (IDR) at ‘BB’ with a positive outlook. The agency has also assigned PVN a senior unsecured rating of ‘BB’ and standalone credit profile (SCP) at ‘bb+’, reflecting the company’s high degree of integration, […]
Running Out Of Gas: Philippine Energy Security And The South China Sea – Analysis
(FPRI) — About 80 km off the northwest coast of Palawan Island in the South China Sea is the Malampaya natural gas field, the Philippines’ main domestic source of energy. Once piped ashore, its natural gas fuels five power plants, which provide half of the electricity supply for the Philippines’ most populous island of Luzon […]
Freeport’s copper export quota triples to 700,000 tons
KONTAN.CO.ID – JAKARTA. The Energy and Mineral Resources Ministry decided this month to increase mining company Freeport Indonesia’s copper concentrate export quota to 700,000 wet metric tons (wmt), a more than threefold increase on the previous quota of 198,282 wmt. The ministry’s minerals director Yunus Saefulhak told reporters in Jakarta on Friday that the decision was […]
Philippines advised to further diversify its energy sources
AUSTIN, TEXAS — Over-reliance on one type of energy or dependence on one country as an energy source is a threat to national security, an official of the US Department of State said here, as he pointed to alternative models of resource development that the Philippines can adopt. “We think that it’s better for the […]
Vietnam Fights China Moves to Hinder Offshore Energy Exploration
Vietnam is pushing back harder against China’s efforts to isolate it diplomatically on a territorial dispute in an energy-rich part of the South China Sea. The foreign ministry in Hanoi on Thursday called on China to immediately order a state-owned survey vessel along with several Coast Guard escorts to leave Vietnamese-claimed waters in its exclusive […]
PM calls for action to secure sustainable development
HÀ NỘI — Việt Nam will take strong action to promote sustainable development, investing more in the workforce and advanced technologies, moving towards digital Government and digital society, Prime Minister Nguyễn Xuân Phúc has said. The PM was speaking at a conference on sustainable development in Hà Nội that he chaired alongside his deputy Vũ Đức Đam on Thursday. […]
How tech paves way for sustainable future
From high-tech systems that allow farmers to predict yield and waste to recyclable food packaging material, Singapore is looking to technology to overcome challenges such as climate change, pollution and the over-consumption of resources. “Science can shed light on the most appropriate pathways towards a sustainable future, while technology can help us get there more […]
