India, Vietnam to strengthen co-op in atomic energy, defence and security
Hanoi: India and Vietnam agreed to further strengthen cooperation in defence and security, peaceful uses of atomic energy and outer space, oil and gas and renewable energy as Vice President M Venkaiah Naidu Sunday concluded his four-day visit to the Southeast Asian country. During his visit, Vice President Naidu held talks with his Vietnamese counterpart […]
Myanmar to buy power from China
“We will buy 1000MW by 2021 but it is impossible to use all the electricity. We will resell the excess,” U Soe Myint said. The electricity will be transported from Dohon in China to Muse, Mine-ye, Hopone, Loikaw and Phayagyi. “Even if we are not able to buy the entire 1000MW, we will purchase at […]
South Korea power company eyes opportunities in Laos
A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricite du Laos (EDL), and Kepco as well as related sectors from Lao and the Republic of Korea was held in Vientiane last week. “The Ministry of Energy and Mines is aware of the importance of modern technology which will increase our energy […]
Vietnam To Receive Clean Energy Development Assistance From Sweden
Vietnam has gained yet another ally for its energy sector in the form of Sweden as the European country pledged assistance in clean energy development and energy-saving strategies. According to Nhan Dan News, Swedish Minister for Foreign Trade Ann Linde said during a conference on Wednesday that her country will offer assistance to Vietnam’s energy […]
South Korean power company eyes opportunities in Laos PDR
The Korea Electric Power Corporation (Kepco) hopes to expand its power equipment business as well as explore other avenues of cooperation with Laos’ energy sector. A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricite du Laos (EDL), and Kepco as well as related sectors from Lao and the Republic of Korea […]
PRRD signs Energy Efficiency and Conservation Act
MANILA — President Rodrigo Duterte has signed into law a bill institutionalizing energy efficiency and conservation, enhancing the efficient use of energy, and granting incentives to energy efficiency and conservation projects in the country. Duterte signed the Energy Efficiency and Conservation Act (Republic Act 11285) on April 12, but a copy of which was released […]
‘BRI to greatly benefit Cambodia’
Recent research by Moody’s Investors Service revealed Cambodia, which currently has a stable B2 credit rating, is among the countries with the greatest potential for reaping economic benefits from China’s Belt and Road Initiative (BRI). In the new report, Moody’s focuses on the potential long-term economic gains and near- to medium-term macro-stability risks for 12 […]
Giant China-Brunei joint venture enters trial operation phase
BANDAR SERI BEGAWAN, May 3 (Xinhua) — After the successful unloading of the first crude oil shipment on Thursday night, the oil refinery and petrochemical plant at Pulau Muara Besar (PMB), the biggest joint venture between China and Brunei, officially enters the stage of trial operation and production, a senior Hengyi official said on Friday. […]
Marina and DOE join to promote green shipping
The Maritime Industry Authority (Marina) and the Department of Energy (DOE) are promoting more sustainable and eco-friendly fuels for Philippine-registered ships to implement the global 0.50% sulphur cap in 2020. Guided by the International Convention for the Prevention of Pollution from Ships (MARPOL Convention) of the International Maritime Organization (IMO), the Marina and DOE discussed […]
How tariffs are determined for energy consumers
KUALA LUMPUR: As the next six-month deadline (June 30) draws nearer for the Energy Commission (EC) to reflect changes in fuel and generation costs in electricity tariffs, some quarters expect to see electricity tariffs being reduced to match the international pricing of gas and coal. As two-thirds of our electricity bill come from fuel and […]