The Australian reported that BHP Billiton is in talks to take up a 25% stake in a A$615million (US$733million) bauxite mine and alumina refinery in India`s eastern Orissa province. The deal would be BHP Billiton`s first project in India.
It also reported that Zinifex Ltd and its Belgian partner Umicore Group are believed to have appointed [...]

EASTERN Petroleum Corp. is sinking an initial P100 million into a new subsidiary that will focus solely on alternative fuel projects, particularly ethanol.
In an interview with the Philippine Daily Inquirer, Eastern chair and chief executive Fernando Martinez said the new company, Eastern Renewables Corp., would be registered with the Securities and Exchange Commission within the [...]

The controversial 210-megawatt (MW) coal-fired power plant in Misamis Oriental would formally operate on Monday with President Gloria Macapagal-Arroyo scheduled to lead the inauguration rites, company officials said.
The $305-million power plant, built by German energy firm STEAG on a 55.42-hectare property inside the Phividec Industrial Estate in Villanueva town, is expected to provide 15 percent [...]

The Department of Energy (DoE) is looking at the conversion of retired oil-based power plants into natural gas fuel as a way of shoring up power supply and bring notches higher the country’s bid for energy independence.
Among the five-point reform package that Energy Secretary Raphael P.M. Lotilla has unveiled to be part of his department’s [...]