Page 14 - AsianOil Week 12

AsianOil
NEWS IN BRIEF
AsianOil
Petronas’ offices, facilities and sites to Visitors and Contractors, as follows:
No access is allowed to Petronas’ offices, administrative sites and facilities including plants, warehouses and other related sites. No access is allowed for visitors and/or contractors including attending meetings, delivery of goods and performing of services.
Exception to access will only be granted subject to criticality of services or goods for Petronas’ operation and business continuity requirement.
The relevant OPU/Entity will notify in writing only to those contractors who are required to deliver such products or perform services during the Movement Control Order period at such appointed date and time to those sites or places as instructed, subject to the contractors complying to (including but not limited to): Mandatory temperature screening; Health declaration; Relevant Petronas directives on COVID-19; Observance of social distancing.
Those contractors who do not receive any notice, please note that delivery of products and/ or performance of services are to be deferred until further notice.
Notwithstanding, health and safety of the personnel are of utmost importance. In this regard, please take all the necessary precaution as may be appropriate until advised otherwise by the Government of Malaysia, to ensure that such essential business continue in a safe manner. PETRONAS, March 24, 2020
First Gen ESG rating gets an upgrade from MSCI
First Gen, the Philippines’ largest clean and renewable energy producer, has earned an improvement in its environmental, social and corporate governance (ESG) rating from a US-based global finance company that regularly measures the resilience to ESG risks of companies all over the world.
New York-based MSCI Inc. raised First Gen’s ESG rating to “BB” in February 2020 from “B”
a year ago because of the low greenhouse gas (GHG) emissions of First Gen’s natural gas-fired power plants, as well as the low water usage of these plants.
“The upgrade is driven by a reassessment of the water risk for natural gas-based power generation. Our research indicates that natural gas power generation involves relatively
lesser water usage for electricity production
as compared to coal and nuclear generation methods,” MSCI said in its report about First Gen’s ESG risks, dated Feb. 27, 2020.
First Gen’s portfolio of power plants run
on geothermal, wind, hydro and solar, which
are renewable energy sources; and natural gas, considered the cleanest form of fossil fuels. These power plants have a total installed capacity of 3,492 megawatts (MW).
“First Gen’s gas and renewable energy power generation results in a lower GHG footprint
as compared to coal-based power producers.
Moreover, the company performs well in comparison to its global peers with its carbon emission intensity being significantly lesser than the industry average (0.25 tCO2e/MWh vs 0.52 tCO2e/ MWh),” MSCI added.
FIRST GEN, March 20, 2020
EAST ASIA
CNPC introduces “non- contact refueling” service
During the fight against the novel coronavirus outbreak, CNPC introduces non-contact refueling to protect customer health. With this new service model, customers just drive through the station and get their vehicles refueled without getting off their vehicles, sliding down window or even talking to the attendant.
CNPC has launched the “Fueling Card Mobile Payment Platform” for contactless refueling service at more than 6,000 gas stations in 14 provinces and cities nationwide. This platform not only supports indoor QR code scanning payment and online payment, but also supports electronic invoicing. After the customer clicks on online invoicing
after online payment, the system will generate
an electronic invoice based on the information entered by the customer, achieving self-service throughout refueling process. In the future, relying on this system, CNPC gas stations will also provide
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Week 12 26•March•2020