MVP confirms interest in Malampaya

MANILA, Philippines — Business tycoon Manuel V. Pangilinan has confirmed his interest in acquiring the Shell Philippines Exploration B.V. (SPEX)’s stake in the Malampaya project, through PXP Energy Corp.

Samsung C&T declares moratorium on coal-related business

SEOUL — Samsung C&T, a key Samsung Group unit involved in trade, investment and construction, declared a moratorium on coal-related businesses, responding to foreign shareholders who have urged the company to manage the reputation of Samsung Electronics and other units in overseas markets.

Study looks at using EVs to power homes

A public-private study on a new business model allowing electric vehicles to power houses to cut electricity bills can help promote EVs, says a Chulalongkorn University researcher, though some car owners are not confident the move will be powerful enough to steer them away from oil-fuelled engines.

Asean energy demand to grow 70% between 2020 and 2040

SINGAPORE is set to ink an agreement with Laos, Thailand and Malaysia at an Asean meeting next month to advance cooperation on cross-border power trading, Second Minister for Trade and Industry Tan See Leng said on Monday.