Phoenix, Mesa Natural Gas sign deal for cleaner energy mix
MANILA — Phoenix Pilipinas Gas and Power, Inc. and US-based Mesa Natural Gas Solutions LLC have signed a memorandum of agreement (MOA) targeted towards the use of gas and increase the country’s energy mix. The deal, signed by Phoenix Petroleum Philippines Inc. (PPPI) President and Chief Executive Officer (CEO) Dennis Uy and Mesa Natural Gas […]
Gatchalian pushes Waste-to-Energy Act to solve garbage crisis
Gatchalian is referring to Senate Bill No. 363 or the Waste-to-Energy Act (WTE Act) which, he said, will encourage the development of new technologies in the treatment and disposal of solid waste. The measure, he said, also supports the expansion of bioenergy towards a sustainable energy environment.
StanChart exits three Southeast Asia coal plants worth estimated $7 billion
SINGAPORE (Reuters) – Standard Chartered (STAN.L) has pulled financing for three coal-fired power plants in Southeast Asia amid a global push to cut greenhouse gas emissions, throwing into doubt projects worth an estimated $7 billion and piling pressure on the coal industry.
Tanglawan seeks suspension of notice to pursue LNG hub
Tanglawan Philippine LNG Inc., a company controlled by Phoenix Petroleum Philippines of businessman Dennis Uy, asked the Department of Energy to suspend the notice to proceed with its liquefied natural gas project, a government official said Tuesday. Energy Undersecretary Donato Marcos said Tanglawan sought for the suspension of the notice in the wake of Udenna […]
Phoenix converts Iloilo taxi fleet to auto LPG
Phoenix LPG Philippines Inc., the liquefied petroleum gas (LPG) arm of Phoenix Petroleum Philippines Inc. (PPPI), is converting over 200 registered fuel-powered vehicles operating in Iloilo City and nearby provinces to auto gas-powered cars. This after Phoenix LPG signed a conversion deal with GDR Taxi, one of the biggest taxi fleets in the region. Phoenix […]
AC Energy seals purchase of Chevron assets
MANILA, Philippines – AC Energy Holdings Inc. of the Ayala Group and its partners have sealed the purchase and acquisition of Chevron’s geothermal assets and operations in Indonesia. The Indonesian assets and operations include the Darajat and Salak geothermal fields in West Java, with a combined capacity of 637 megawatts of steam and power. These […]
Singapore’s Nexif Energy buys 94% in Vietnam’s Song Giang Hydropower Read more at: https://www.dealstreetasia.com/stories/singapores-nexif-energy-song-giang-hydropower-jsc-167078/
Nexif Energy, a Southeast Asian independent power producer headquartered in Singapore, has acquired 94 per cent stake in Vietnam’s Song Giang Hydropower JSC for an undisclosed sum, according to a statement. Song Giang owns two run-of-river hydropower projects totaling 49MW in the Khanh Hoa province of Vietnam. Read more at: https://www.dealstreetasia.com/stories/singapores-nexif-energy-song-giang-hydropower-jsc-167078/
Enagas to invest $836 million in Tallgrass Energy
MADRID, Dec 17 (Reuters) – Spain’s Enagas said on Tuesday it has agreed to invest $836 million in U.S. oil and gas pipeline operator Tallgrass Energy, as part of a takeover involving other investors. The group of investors, which includes Blackstone Infrastructure Partners and Singapore’s sovereign wealth fund, will buy out Tallgrass’ outstanding class A […]
