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LNG hub to rise in Quezon

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Hong Kong-based Energy World Corp. Ltd. is set to complete within the first quarter next year a liquefied natural gas (LNG) hub in Quezon.

Posted: May 20th, 2013 in Headlines | Read More »

DOE seeking investors for natural gas projects

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Energy Secretary Carlos Jericho L. Petilla

The Department of Energy is pursuing talks with natural gas firms from Canada and Brunei for possible investments in the local natural gas sector, in preparation for the expected exhaustion of the reserves at the Malampaya gas field off Palawan by 2024

Posted: April 8th, 2013 in Latest Business Stories | Read More »

Natural gas supply seen to remain tight

STANDARD & Poor’s Ratings Services expects natural gas prices to remain “regionalized” over the next few years, which would allow existing gas producers to continue enjoying a “favorable pricing power.”

Posted: December 10th, 2012 in Editor's Pick,Headlines | Read More »

Shell still bullish over LNG prospects

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Shell Philippines Exploration BV (SPEX) has tapped Royal Boskalis Westminster N.V. of Netherlands for the installation of a depletion compression platform at the Malampaya gas field off Palawan—part of a planned $750-million Phase III expansion for the field.

Pilipinas Shell Petroleum Corp. has expressed willingness to help the government curb the rampant oil smuggling in the country, which has been hurting the government through foregone revenue of up to P60 billion a year.

Posted: November 26th, 2012 in Latest Business Stories | Read More »

Meralco, Japan firm in talks to build LNG plant in Quezon

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meralco-logo

Manila Electric Co., the country’s biggest power distributor, is planning to build a liquefied natural gas (LNG) power plant in Atimonan, Quezon, as part of plans to help secure the growing electricity requirements within its franchise area.

Posted: August 13th, 2012 in Editor's Pick,Headlines | Read More »

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