Gas struggles to make headway in the Philippines
The Philippines plans to build more than 50 new power plants by 2020, but despite the government's hopes for a greater role for gas, only three of these new plants will be gas-fired.
15 February 2016
Philippines plan calls for more gas infrastructure
The Philippines is putting together a master plan aimed at improving the country’s gas infrastructure. The plan’s success, however, will depend on the availability of gas – either domestic or imported.
11 July 2012
The Trans-ASEAN pipeline’s fading ‘gleam’
Industry pressure is mounting on ASEAN countries to go to work on completing the Trans-ASEAN gas pipeline project, but questions remain about the lack of proven reserves, financing and complications from subsidised pricing, among other issues.
19 June 2012
Asian LNG spot market begins to take shape
With Asian gas demand and LNG import capacity steadily rising, the LNG spot market is beginning to take shape. Nevertheless, analysts still differ on whether it is, or will ever truly be, deserving of the name
31 May 2012Indonesia oil, gas investment to exceed $15.8 bln - BPMigas
Indonesia’s upstream regulator BPMigas expects investment to its target of $15.8 billion this year.
30 May 2012PGN sets aside funds to buy domestic licences
Indonesian gas distributor Perusahaan Gas Negara (PGN) has set aside funds to buy gas blocks to protect domestic supplies.
29 May 2012
Will the Philippines realise its LNG ambition?
Energy World Corp. is preparing to begin construction on the Philippines’ first LNG import facility, a project it has touted as crucial to the country’s waning gas supply. But analysts question the project’s likelihood of success.
25 May 2012Production from Indonesian oil and gas projects increase over last year
The production of oil and gas projects in Indonesia as of 30 April was 2.41 million barrels of oil equivalent per day (boe/d), an increase of around 7,000 boe/d from a year earlier.
24 May 2012PGN’s 50% price hike creates backlash in Indonesia
A week after Indonesian state distributor Perusahaan Gas Negara (PGN) increased the price of gas for customers in West Java by almost 50%, state power utility Perusahaan Listrik Negara (PLN) and other industrial buyers are mounting a protest.
23 May 2012Petronas plans over $300 million capex for second LNG import project
Petronas Gas, a subsidiary of Malaysia’s largest state-run oil and gas company, has allocated about MYR 1 billion ($318.9 million) in capital expenditure for its LNG terminal in Lahad Datu, Sabah – the second regasification facility in the company’s pipeline.
21 May 2012Indonesia’s BPMigas approves eight field development plans
Eight Indonesian oil and gas fields, seven of which are beginning production this year, were approved for development in April, upstream regulator BPMigas said earlier this week.
17 May 2012Indonesian distributor raises West Java gas price by almost 50%
Indonesian state gas distributor Perusahaan Gas Negara (PGN) has increased the price of gas for customers in West Java by almost 50% after renewing contracts with producers in South Sumatra.
16 May 2012Rejected bidders re-apply for Philippine exploration contracts
Four bidders that applied for oil and gas exploration contracts in the Philippines on 27 April, but were rejected, have asked the Philippine Department of Energy (DOE) to reconsider their proposals.
11 May 2012Philippines’ Philex in talks with CNOOC for South China Sea partnership
Philex Petroleum has discussed a possible partnership with China National Offshore Oil Corp. (CNOOC) to develop a gas prospect in the Recto Bank, it was revealed on Tuesday in Manila.
10 May 2012
TNK-BP to help Vietnam meet power shortfall
TNK-BP has completed drilling of the first well in its new Vietnamese Lan Do field, and is looking to both offset a drop in production from the neighbouring Lan Tây and infuse more gas into the country’s power generation supply.
1 May 2012Philippines OKs nine of 16 bids for oil and gas blocks
The Philippine Department of Energy has approved nine of the 16 bids it received for contracts to explore and develop highly prospective oil and gas blocks being auctioned off under the Philippine Energy Contracting Round 4.
30 April 2012
Gas discovery has potential to worsen South China Sea dispute
Philippine Stock Exchange-listed Atok-Big Wedge plans to focus its resources on oil and gas exploration instead of mining, and is upbeat about its new investment in the country’s Sampaguita offshore gas discovery.
24 April 2012About 17 article(s) for Tim Daiss