Aboitiz, Ang, Pangilinan power firms finish deal for integrated LNG facility
MANILA — Three of the biggest players in the Philippine power industry have finshed their deal to operate an integrated liquefied natural gas facility.
Oil price rollback set Tuesday
MANILA – After three consecutive weeks of price hikes this year, motorists are expected to enjoy lower fuel prices as oil firms are set to implement a rollback on Tuesday.
UK energy firm acquires Harbour Energy’s Vietnam operations
Hanoi (VNA) – British energy company EnQuest announced on January 22 its acquisition of Harbour Energy’s operations in Vietnam as part of its strategy to expand internationally.
Mitsubishi Power completes 1.4GW gas-fired GTCC plant in Thailand
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand.
Indonesia to exempt oil and gas sector from new FX retention rule
JAKARTA (Jan 22): Indonesia will exempt oil and gas exporters from its new rule that all proceeds from natural resource exports be kept onshore for a year, as companies urge adjustments to the rule out of concern over its impact on their cashflows.
Cambodia spends USD2.69B on oil, gas imports in 2024
PHNOM PENH (XINHUA) – Cambodia’s imports of diesel fuel, petroleum oil, and gas increased by 12 per cent in 2024, according to a Ministry of Commerce report yesterday.
Indonesia to tender new oil & gas blocks, reduce LPG imports
Indonesia aims to tender all 60 oil and gas working areas by 2027 to increase oil lifting and support energy security, said its Energy and Mineral Resources Minister Bahlil Lahadalia.
Hong Kong’s Towngas and Singapore’s Global Energy to develop green methanol supply chain
Hong Kong and China Gas (Towngas), the city’s sole gas provider, has teamed up with a Singapore marine fuel and logistics provider to develop a green methanol supply chain, the company’s latest initiative to meet the region’s energy transition needs.
