Petroleum industry
The Clark Development Corporation and Flying V have partnered to establish the first biofuel facility inside the Clark Special Economic Zone, marking a significant step towards the promotion of alternative fuels in the Philippines. The P50 million (US$976,944) facility is set to provide biodiesel and ethanol-blended fuel to
Petroleum industry
The Presidential Office has assured the public that an investigation into the Philippine Coast Guard's response to the August 11 oil spill incident off the shore of Guimaras province will be expedited. The probe aims to generate recommendations to prevent similar disasters in the future and rehabilitate damaged
Petroleum industry
Nippon Oil Corp. and Japan Energy Corp. have announced a partnership to collaborate on fuel cell technology, with Nippon Oil set to supply Japan Energy Corp. with residential fuel cells on an OEM basis starting next fiscal year. The two companies also plan to work together on product development and
Petroleum industry
Nigeria's Niger state has signed a historic memorandum of understanding (MoU) with the Chinese government to establish an ethanol plant in the state, aiming to convert 150,000 tons of cassava into fuel energy upon completion. The project, which will gulp 11.6 billion naira (US$90 million)
Petroleum industry
The Australian government, led by Prime Minister John Howard, has launched an eight-year, $A1.6 billion program to mitigate the impact of high petrol prices on motorists. The plan includes incentives for using liquefied petroleum gas (LPG) and increasing the adoption of ethanol-laced fuel, E10. Under the program, the government
Petroleum industry
Indian Oil Corp (IOC) has applied for a license to develop a refinery cum petrochemicals complex project at Ceyhan in Turkey, in partnership with Calik Enerji of Turkey. The 15 million tonnes per annum refinery project is estimated to cost around US$4.9 billion. The joint venture plans to
Petroleum industry
Scottish companies are leveraging India's growing energy sector, with several firms planning to establish offices and manufacturing units in the country. This trend marks a significant development in India's energy landscape, driven by the nation's increasing demand for energy. According to Brian Nixon, Director
Petroleum industry
China's industrial watchdog, the National Development and Reform Commission (NDRC), has approved a major Sino-Kuwaiti oil refinery project, marking a significant joint venture between the China National Petrochemical Corporation (Sinopec) and the Kuwait Petroleum Corporation (KPC). The estimated investment of US$5 billion will be the largest foreign-invested
Petroleum industry
The Japanese oil company, Nippon Oil Corporation, is planning to establish a biodiesel plant with an annual production capacity of 30,000 tons in Jambi province. The project aims to cultivate jatropha and oil palm trees, with local farmers set to plant the biofuel crops. The Jambi provincial administration has
Petroleum industry
Scomi Group Bhd and National Tank Company USA have entered into a joint venture agreement to undertake new businesses related to enhanced oil recovery (EOR) and gas conditioning in South East Asia. The joint venture, in which Scomi will hold 70% of the voting rights, aims to leverage NATCO'
Petroleum industry
NATCO Group Inc., a leading provider of wellhead process equipment, systems, and services, has entered into a joint venture with Scomi Group BHD to pursue the expanding market for CO2 processing using NATCO's proprietary Cynara(R) membrane technology. The joint venture will focus on the South East Asia
Petroleum industry
The World Bank and the United Nations Development Programme (UNDP) are jointly implementing the Energy Loss Reduction Project in Tajikistan, with the aim of reducing energy losses and improving the efficiency of the country's power and gas sector. As part of this project, the Implementing Agencies, JSCH Barki
