Consumer groups laud move to extend electricity discount
KUALA LUMPUR: Consumer associations believe that the government’s move to extend the discount for electricity use for domestic users until the end of the year will greatly help people cope with financial difficulties. However, they also believe that it was incumbent on the people to adapt to the new normal and manage their energy consumption.
Cooking oil gets costlier due to expensive imports from Malaysia and Indonesia
After onion and garlic, prices of edible oil have registered a sharp rise due to costlier imports. Consumers will have to dig deeper into their pockets as the cooking oil prices may rise further, say oil industry experts. Palm oil prices have shot up by Rs 20 a litre (more than 35 percent) in the […]
Covid 19 electricity price reductions overshadowed by reports of skyrocketing energy bills nationwide
Hard-pressed households looking forward to electricity price reductions instead this week were confronted with startling increases in bills well beyond the seasonal rise in demand or even what might be expected from the Covid 19 emergency lockdown. Minister of Energy Sontirat Sonthichirawong is treating the reports seriously and is investigating. It comes as the Thai […]
Covid jab campaigns fuelling petrol price hike
Retail petrol prices in Cambodia have soared since the beginning of this year, with observers suggesting that momentum in the world’s ongoing Covid-19 vaccination schemes has driven up international crude oil prices.
Covid-19: Innovations by agencies, departments under Energy and Natural Resources Ministry to win several recognitions, says minister
KUALA LUMPUR, Sept 14 — Several innovations implemented by departments and agencies under the Ministry of Energy and Natural Resources (KeTSA) to help the government deal with the Covid-19 pandemic have received various recognitions.
CPO export tax unlikely to affect EU demand, says Malaysian Palm Oil Council CEO
KUALA LUMPUR, Dec 21 — The reinstatement of crude palm oil (CPO) export tax starting next month is unlikely to affect demand for the local commodity in the European Union (EU), according to the Malaysian Palm Oil Council (MPOC). Its chief executive officer, Datuk Dr Kalyana Sundram, said the EU market is less troubled by […]
Crude palm oil futures on Bursa Malaysia cross MR5,000/mt mark
The front-month October palm oil contract on the Bursa Malaysia crossed the MR5,000/mt mark Oct. 6 on short covering activities.
Crude traders leave BP after Singapore trading probe
Four BP crude traders in Singapore and China have left the company after being caught up in the turmoil that hit the Singapore oil trading sector earlier this year, market participants said.
Cusi assures supply of fuel products
MANILA, Philippines — Energy Secretary Alfonso Cusi assured the public of continued supply of fuel products amid the 30-day community quarantine in Metro Manila. “During this most challenging time, it is imperative to ensure the continued supply of fuel products, especially in areas under quarantine. Having sufficient petroleum supply is vital, making it a critical concern […]
Cusi proposes EO to include nuclear power in PH energy mix
MANILA – Energy Secretary Alfonso Cusi is seeking approval of a proposed executive order (EO) to include nuclear power in the Philippines’ energy mix, Malacañang said on Tuesday. Presidential Spokesperson Salvador Panelo said Cusi made this proposal during the 47th Cabinet meeting led by President Rodrigo Duterte on Monday night.