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MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP

ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

Government urged to develop natural gas industry

Developing the country’s natural gas industry is critical to driving investments that will enhance national energy security, reduce electricity costs and create more jobs for Filipinos, according to the Senate committee on energy technical working group......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Water under the bridge

Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

First Gen seeks bids for LNG supply

Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

EU country profiting from Russian gas - Bloomberg

Gazprom supplied all of the agreed-upon volumes to Austria under a long-term contract, the outlet says Austria has become a net energy exporter for the first time in twenty years as stable supplies of Russian natural gas allowed it to sell more electricity than it imported, Bloomberg reported this week.  .....»»

Category: newsSource:  philippinetimesRelated NewsFeb 4th, 2024

Pagsasara ng Mt. Apo Natural Park pinalawig pa

PINALAWIG pa ng isang buwan ang pansamantalang pagsasara ng Mt. Apo Natural Park (MANP). The post Pagsasara ng Mt. Apo Natural Park pinalawig pa first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Jollibee ramps up shift to renewable energy

The Jollibee Group is ramping up its sustainability efforts this year with plans to bolster further the shift of its stores and manufacturing facilities to renewable energy......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

DepEd’s gradual shift to old school calendar gets support

CEBU CITY, Philippines — The Department of Education (DepEd) recently announced the gradual shift to the old school calendar. The current school year, 2023-2024, will end on May 31, 2024. Meanwhile, the start of the school year 2024-2025 will be July 29, 2024 and will end on May 16, 2025, according to Department Order No......»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Albay eyes 100 percent RE shift by 2030

The province of Albay in the Bicol Region said it plans to shift to 100 percent renewable energy by 2030 to address power outages during extreme weather events......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Time to shift from mining now

With the current climate crisis, there is a need to radically shift our policies and programs. There is no “business as usual” with our unusual climate......»»

Category: newsSource:  davaotodayRelated NewsFeb 14th, 2024

Taal Volcano back to spewing high-volume of toxic gas

LUCENA CITY, Philippines  – After spewing lower volumes of sulfur dioxide (SO2) for the past five days, Taal Volcano in Batangas province again emitted a high level of toxic gas on Saturday, March 23. A total of 14,287 metric tons (MT) of SO2 from Taal’s main crater was measured over the past 24 hours and.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Garcia backs DOE’s oil, gas search proposal in Alegria

Garcia backs DOE’s oil, gas search proposal in Alegria.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Geologists discover evidence of gas hydrates in the Manila Trench

Geologists discover evidence of gas hydrates in the Manila Trench Phys.org.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

MGen, Aboitiz take over Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc to take over Chromite Gas Holdings as part of a plan to launch the country’s first and most expansive ......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Xinhua world economic news summary at 0900 GMT, March 5

KIEV -- Ukraine stands ready to extend gas transit from Russia if there is a request from the European Union (EU) countries, the Interfax-Ukraine news agency reported Monday, citing Ukrainian Prime Minister Denys Shmyhal. "If the European countries act as a consortium or one of the European partners will act as a transit country for their gas -- we are ready to provide such a service," Shmyhal told a press confe.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

LPG price: P3.30 more for every 11-kg tank

MANILA, Philippines — The price of cooking gas has gone up again and this is the third month in a row that this happened. An increase of P0.30 per kilogram in liquefied petroleum gas (LPG) prices effective Friday, March 1 was announced by Petron Corp. in an advisory. READ: Gasoline prices to be slashed by.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

New Delhi raises target for defense exports

India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024