Pertamina saves US$402.46 million amid rising global oil prices

JAKARTA, Sep 3, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 million) until July 2022 through several efficiency programs amid rising world oil prices that increased fuel production costs. PT Pertamina head office building (ANTARA/HO-PT Pertamina) She explained that […]

Why we resist the suspension of fuel taxes and the reversal of other hard reforms

The latest Pulse Asia Survey poll on the public’s most pressing concerns reveals that inflation is the most urgent issue among Filipinos (57%), followed by other economic issues such as workers’ incomes (46%), poverty (33%), and jobs (29%)1. The data show how highly concerned most of us are about the uncertainties of post-COVID recovery and […]

Davide urges PB to craft measures to lessen impact of fuel crisis; Gwen to revive ‘Tindahan sa Kapitolyo’

CEBU Province’s top two officials are seeking ways to help Cebuanos cope with the effects of the ongoing fuel crisis.Vice Gov. Hilario “Junjun” Davide III urged members of the Provincial Board (PB) to craft measures to help their constituents cope with the fuel crisis’ effects, particularly on basic commodities.Davide made the call when the PB […]

Mitsubishi Power Signs Decarbonization Agreement for Hydrogen Fuel Conversion with Leading Egyptian O&G Refinery ANRPC

Alexandria, Egypt /Duisburg, Germany, Jun 16, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Power, a power brand of Mitsubishi Heavy Industries Ltd. (MHI) signed a full turnkey contract with leading Egyptian O&G Company Alexandria National Refining & Petrochemicals Company (ANRPC) to provide advanced hydrogen fuel conversion technology solutions, supporting the company to achieve its […]

Mitsubishi Shipbuilding Completes Conceptual Design of VLGC Enabling Conversion of Main Fuel from LPG to Ammonia

TOKYO, Jun 10, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed the conceptual design of a Very Large Gas Carrier (VLGC) initially powered by liquefied petroleum gas (LPG) but adaptable to future use of ammonia as the main fuel(1). Approval in Principle […]