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Saturday, September 21, 2024

Energy

Malaysian firm signs deal to explore Mindanao oil fields

Malaysian company Blackbrique Investment Limited and SK Liguasan Oil and Gas Corp. (SKLOGC) signed a memorandum of understanding that would pave the way for the commercial development of oil and gas fields in Mindanao. The MOU aims to establish a framework for collaboration on key projects in the upstream and downstream energy industries, promoting innovation, sustainability and mutual growth The parties said in a statement that with the MOU, both companies...

Carbon-neutral solutions eyed for New Clark City

State-run Bases Conversion and Development Authority (BCDA) and Danfoss Philippines Inc. signed...

Meralco ready to work with electric cooperatives to power the countryside

Manila Electric Company (Meralco), the country’s most technologically-advanced distribution utility, said its...

Ombudsman’s order vs. ERC chief to stall new power supply deals

The Ombudsman’s six-month suspension order against Energy Regulatory Commission (ERC) chairman and...

Vivant Energy unit divests from solar firm to focus on SPUG, retail supply

Vivant Renewable Energy Corp. (VREC), a wholly-owned subsidiary of Vivant Energy Corp....

First Gen awards Shell Eastern second LNG cargo contract

First Gen Corp. of the Lopez Group awarded the latest liquefied natural...

Malaysian firm signs deal to explore Mindanao oil fields

Malaysian company Blackbrique Investment Limited and SK Liguasan Oil and Gas Corp. (SKLOGC) signed a memorandum of understanding that would pave the way for the commercial development of oil and gas fields in Mindanao. The MOU aims to establish a framework for collaboration on key projects in the upstream and downstream energy industries, promoting innovation, sustainability and mutual growth The parties said in a statement that with the MOU, both companies...

Carbon-neutral solutions eyed for New Clark City

State-run Bases Conversion and Development Authority (BCDA) and Danfoss Philippines Inc. signed...

Meralco ready to work with electric cooperatives to power the countryside

Manila Electric Company (Meralco), the country’s most technologically-advanced distribution utility, said its...

Ombudsman’s order vs. ERC chief to stall new power supply deals

The Ombudsman’s six-month suspension order against Energy Regulatory Commission (ERC) chairman and...

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ERC studies lifting suspension on feed-in tariff collection

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NEA grants P560m worth of loans to electric cooperatives

The National Electrification Administration said it granted P560.66 million worth of loans to 18 electric cooperatives as of end-June 2023. Data gathered from the NEA’s...

APC Group awarded geothermal contract

The Department of Energy awarded a new geothermal service contract to APC Group Inc. through subsidiary Aragorn Power and  Energy Corp. APC said in a...

IEA trims forecast on oil demand as interest rates bite

PARIS, France—The IEA trimmed its forecast for 2023 oil demand for the first time this year as macroeconomic headwinds including higher interest rates bite,...

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