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Workers’ Salary in Electricity and Gas Sectors See Highest Hike: LPEM UI

TEMPO.CO, Jakarta – The University of Indonesia’s Institute for Economic and Social Research (LPEM UI) recorded an increase in the average salary or net income of workers in several sectors as of February 2021 albeit amid the Covid-19 pandemic. The highest hike is experienced by the electricity and gas sectors, reaching 5 percent year on year.

Ayala abandons Visayas biomass business to boost solar, wind power push

MANILA, Philippines — AC Energy Corp. is getting out of the biomass energy business in Visayas to focus more on expanding its solar and wind power operations. In a disclosure to the stock exchange on Friday, the power unit of conglomerate Ayala Corp. said Negros Island Biomass Holdings Inc. (NIBH) is divesting its shares in […]

BGRIM equips dairy with solar hardware

B.Grimm Power Plc (BGRIM) is installing rooftop solar panels with a capacity of six megawatts for Alaska Milk Corporation, the largest dairy manufacturer in the Philippines, as part of its plan to grow its solar power business.

EGAT to pilot flexibility in Thailand

A demand response demonstration, driven by the Electricity Generating Authority of Thailand (EGAT), is to be undertaken to optimise the supply and demand balance on the Thai power grid.

Trungnam Group affirms not to divest controlling stakes in renewable energy projects

TheLEADER Nguyen Tam Tien, general director of Trungnam Group, affirms that the company has enough resources to build and operate renewable energy projects. Trungnam Group has sold stakes in two renewable energy power plant projects in Ninh Thuan province only within a short time.

G Capital to diversify into energy solutions

KUALA LUMPUR (May 11): Passenger vehicle charterer G Capital Bhd has proposed to diversify into the provision of energy solutions by tapping into its renewable energy assets.

Jadestone acquiring two Malaysian PSCs

SINGAPORE – Jadestone Energy has agreed to acquire various field interests offshore Peninsular Malaysia from SapuraOMV Upstream for $9 million. The transaction would give Jadestone a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated stake in the PM323 PSC, containing the East Belumut, West Belumut, and Chermingat […]

Malaysia’s Petronas exports LNG in ISO tanks to China

Malaysia’s Petroliam Nasional Bhd said on Monday that it has started exports of liquefied natural gas (LNG) in ISO tanks to China from its filling facility in Pengerang in the southern state of Johor.

Sapura Energy secures six oil and gas contracts worth RM1b

KUALA LUMPUR (April 27): Sapura Energy Bhd said today its wholly-owned subsidiaries in engineering and construction (E&C) have been awarded six contracts with a combined value of approximately RM1 billion.

Indonesia’s Krakatau Steel to build 40 MW floating solar power station

JAKARTA (The Jakarta Post/ANN): State-owned steelmaker Krakatau Steel plans to build a 40 megawatt (MW) floating solar photovoltaic (PV) power station in Banten to power the operations of its water treatment subsidiary, PT Krakatau Tirta Industri (KTI). KTI signed a US$14 million deal on Monday (April 5) with energy company Akuo Energy Indonesia, a subsidiary […]