DOST-PNRI chief urges Duterte to sign draft paper on nuclear energy
MANILA – The director of the Department of Science and Technology- Philippine Nuclear Research Institute (DOST-PNRI) has urged President Rodrigo Duterte to sign the draft of a national position that would allow the use of nuclear energy in the country’s energy mix, that could potentially bring down the inevitable rising costs of electricity significantly.
Gov’t prioritizing oil and gas basin exploration in eastern Indonesia
Jakarta (ANTARA) – The Indonesian government has currently set its sights on the exploration of oil and gas basins in five areas in eastern Indonesia namely Buton, Warin, Timor, Seram, and Aru.
Thailand’s PTTEP boosts investment in UAE after Eni deal
PTT Exploration & Production (BKK:PTTEP) will expand its investment in the United Arab Emirates (UAE) by acquiring a 25% stake in Area C onshore block from Italy’s Eni. The state-backed Thai upstream player said the investment fits with its strategic focus on prolific petroleum areas in the Middle East.
ExxonMobil stares down China for Vietnam gas
Vietnam’s long-delayed Blue Whale offshore gas development project may be closer to pumping after operator and majority owner ExxonMobil said last week it was working on a final development plan for the field, which sits 80 kilometers off the central coast.
Sri Mulyani: Tobacco Tax Increase Hoped to Slash Cigarette Production
TEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati on Monday hoped the increased tobacco tax rates in 2022 will eventually reduce domestic cigarette production by three percent in 2022 to 310 billion cigarettes.
Official vouches for Indonesia’s huge potential to develop EV industry
Jakarta (ANTARA) – Head of Presidential Staff Moeldoko accentuated that Indonesia has vast potential to become self-sufficient in developing its own electric vehicle industry.
South Korea’s offer to rehabilitate Bataan Nuclear Power Plant still stands, says PNRI exec
The offer of South Korea to rehabilitate the mothballed Bataan Nuclear Power Plant (BNPP) still stands, the Philippine Nuclear Research Institute of the Department of Science and Technology (DOST-PNRI) said Monday, Dec. 6.
Philippines’ Malampaya gas project can be extended for several years -Udenna president
MANILA, Dec 6 (Reuters) – The life of the Philippines’ Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp, which now controls the project, said on Monday.
