Monday, June 11, 2012

Philippines:

Chevron Eyes Geothermal Plant on Luzon Island (StocksandShares.TV)

Partnering with APC Group, the power and infrastructure affiliate of Belle Corporation, energy giant Chevron Corporation is planning to put up a geothermal power plant in Kalinga, Philippines.

APC Group chairman and president Willy Ocier said, “Chevron Corporation will have to drill four wells in its service area first to confirm surveys on its steam energy resources before the group can finalize the details of the planned power plant.