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Posts Tagged ‘Natural gas’

The Supreme Court has ruled that fishermen from Northwestern Palawan could sue Shell Philippines Exploration B.V. for possible physical disruption of marine environment resulting in the pollution and decline of their livelihood. “All the elements of a cause of action are present. First, [the fishermen] undoubtedly had the right to the preferential use of marine and [...]

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The Philippine National Oil Company has decided to reject the unsolicited bid of a consortium led by Abacus Consolidated Resources & Holdings Inc. for the joint development of the 100-kilometer Batangas-Manila (Batman 1) natural gas pipeline project. A PNOC source said they rejected Abacus’ unsolicited proposal “because we found out when we reviewed their proposal [...]

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The Department of Energy (DoE) is aligning at least seven power plant projects to serve as anchor load for the proposed liquefied natural gas (LNG) facilities which are targeted on stream until 2015. Documents have specified the projects to include two greenfield power facilities with capacities of 500 and 600 megawatts (likely sited in Bataan); [...]

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Apart from the proposed amendments to the Electric Power Industry Reform Act (EPIRA), three new energy measures are being proposed to Congress to be given “priority treatment” given their profound impact to energy supply as well as on safety concerns. These are the proposed Energy Efficiency and Conservation Bill, Liquefied Petroleum Gas (LPG) Bill, and [...]

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KOREA ELECTRIC POWER CORP. IS in talks with diversifying conglomerate San Miguel Corp. for its plan to expand the 1,200-megawatt (MW) Ilijan natural gas facility in Batangas, by another 300 MW. “We are coordinating and planning with the new independent power producer administrator (IPPA), which is San Miguel,” said Kepco Philippines president and chief executive [...]

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Energy execs push PECR to tap millions of barrels CONTRACTS for the exploration and development of up to 10 prospective oil and gas areas in the country are expected to be auctioned off once the Department of Energy (DOE) gets a new man to steer its helm. The DoE has already identified 16 prospective sedimentary [...]

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If a gas-fired power project will not be there to take on major supply base, the Department of Energy (DoE) is looking at industrial end-users and the transport sector to provide anchor load for the proposed gas pipelines, although feasibility of such propositions have been raising doubts. This was noted by Energy assistant secretary Mario [...]

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HASTE makes waste—billions of pesos in this case. That best sums up the arguments against the government’s rushing to sell its 10-percent stake in the Malampaya deep-water gas-to-power project, with just a few weeks left in the Arroyo administration. In so rushing it could lose billions, according to two officials of the Philippine National Oil [...]

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$1.2-B Batman 1 pipeline open to Swiss challenge STATE-OWNED Philippine National Oil Co. (PNOC) hopes to complete by next month negotiations with a consortium led by investors from Italy and Abu Dhabi for the construction of the $1.2-billion Batangas-Manila (Batman 1) natural gas pipeline. This will allow PNOC to conduct a Swiss challenge for the [...]

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Oil exploration firm Forum Energy Plc is expected to invest $100 million (about P4.5 billion) over the next three years to drill three appraisal wells in the oil-and gas-rich Sampaguita field in offshore Palawan. “Within 18 months, it is expected that the company will shoot further 3D seismic survey, which we have assumed to cost [...]

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