Australia’s Northern Territory eyes ‘electricity superhighway’ to enable renewables integration
The development of long-distance transmission links that could support the creation of renewable energy zones in Australia’s Northern Territory (NT) is being explored by the local government.
Ayala energy firm investing P250M in subsidiary via shares subscription
Ayala-owned AC Energy Philippines Inc. (ACEN) will be investing P250 million in its subsidiary firm Buendia Christiana Holdings Corporation (BCHC) via shares subscription arrangement.
Ayala slows down on Myanmar RE venture
Given the worsening civil strife tearing down Myanmar, Ayala-led firm AC Energy Corporation indicated that it is temporarily slowing down on its renewable energy ventures in that country. “Regarding Myanmar, we will have to wait until the situation stabilizes before we can expand,” AC Energy President and CEO Eric T. Francia said.
B.Grimm hails first private import of LNG
B.Grimm Power Plc (BGRIM) has become the first private company to procure liquefied natural gas (LNG) for Thailand, following an agreement with national oil and gas conglomerate PTT Plc to use its LNG receiving and regasification facility in Rayong.
Ban on cross-ownership in power sector proposed
MANILA, Philippines — Bayan Muna Rep. Carlos Zarate wants cross-ownership of distribution utilities (DU) and power generation companies banned “to stop the anticonsumer self-dealing transactions” among these firms.
Bandar Seri Begawan Declaration introduced at energy ministers’ meeting
The Bandar Seri Begawan Joint Declaration which was announced at the 39th Asean Ministers on Energy Meeting (39th AMEM) is aimed to strengthen energy security and form initiatives towards reducing carbon energy in the ASEAN region.
Banpu Public : Group Announces Postponement of 2020 Annual General Meetings of Shareholders
On 30 March 2020, Banpu Public Company Limited and Banpu Power Public Company Limited notified the Stock Exchange of Thailand about the postponement of the 2020 Annual General Meeting (AGM) of Shareholders due to more intense security and more widespreading of COVID-19 outbreak. The two companies cancelled the dates, venues and agenda of the Meetings […]
Bill creating PH energy think tank gets Senate nod
MANILA, Philippines — The Senate approved Wednesday on third and final reading a bill seeking to create a government think tank for the energy sector. Under Senate Bill No. 1296, the proposed Philippine Energy Research and Policy Institute (PERPI) will perform critical research and policy development for needed reforms in the energy sector. Senator Win […]
Bill on energy efficiency and conservation to be tabled next year, says minister Takiyuddin
KUALA LUMPUR, Nov 30 — A bill on energy efficiency and conservation for a more comprehensive coordination and effective regulation by the Energy Commission will be tabled in the Dewan Rakyat next year, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.
BIMCO: Low-sulphur fuel sale jumps to a 70% share in Singapore, as the IMO 2020 sulphur cap kicks in
The final quarter of 2019 marked a massive decline of HSFO sales, as the industry transitioned into compliance of the IMO 2020 Sulphur Cap (IMO2020). In Singapore, the world’s largest bunkering hub, the bunker sale landscape saw significant change as the sale of high-sulphur fuel oil dropped tremendously in a matter of months. In contrast, […]