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.
Indonesia’s Medco Energi produces first oil from field in Thailand
Indonesian oil company Medco Energi Internasional is producing an initial 12,900 barrels of oil per day (bopd) from its offshore Bualuang oil field in Thailand. The company, publicly listed on the Indonesia Stock Exchange as MEDC, said in a statement on Tuesday that production was expected to ramp up to 14,000 bopd once the company finished […]
Myanmar gas deal to benefit Thailand
A new cooperation deal between the Myanmar government and private energy company, MPRL E&P, will bring good news for Thailand’s power generation sector, Myanmar’s Ministry of Electricity and Energy said in a statement on Monday. The statement was issued after MPRL E&P, a Myanmar-based independent energy company, successfully concluded negotiations with Yangon on two key […]
West Sumatra’s first geothermal plant kicks off at 85 MW
Jakarta-based renewables company Supreme Energy has commenced operation of its 85-megawatt (MW) Muara Laboh geothermal power plant in South Solok regency, West Sumatra, the first electricity generator of its kind in the province, according to official data.
‘Doubt your electric bill? We climb power poles’
If consumers suspect their electric bill is too high, they can call their local electricity engineer’s office to double check their power usage and ensure the charge is correct, said U Khin Maung Win, deputy minister of Electricity and Energy.
Petrol drops, oil climbs
According to order of the ministries of Industry and Trade and Finance, petrol prices in Vietnam slightly declined while oil prices edged up as of 3 p.m. on December 16. Particularly, the price of E5 RON92 gasoline slid VND90 per liter to not higher than VND19,729 per liter; the price of RON95-III went down VND192 […]
