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Cambodia less reliant on electricity imports, says official

Victor Jona, director-general of Energy at the Ministry of Mines and Energy, said Cambodia is less reliant on foreign electricity sources, resulting in a reduction of the country’s electricity imports due to the constant development of the local electricity sector. Mr Jona said the development of the energy sector in Cambodia has increased significantly thanks […]

Indonesia sets lower coal production target to help stabilize global price

The government has lowered its coal production target for this year to 480 million tons in an effort to stabilize the global coal price, an official has said. Last year’s target was 485 million tons, 25 percent of which was allocated to the domestic market obligation (DMO). Energy and Mineral Resources Ministry mineral and coal […]

Singapore’s greenhouse gas emissions top 50m tonnes: Report

SINGAPORE — Singapore generated more than 50 million tonnes of greenhouse gases in 2014, the bulk of it from the burning of fossil fuels to generate energy for industries, buildings, households and transportation. The figure, which is the latest available, was published online last week in a biennial report that the Government submitted to the […]

YEARENDER : Philippines remains heavily dependent on oil imports

MANILA, Philippines — The year 2018 put the spotlight on the Philippines’ dependence on imported fuel to power up the country’s progress and day-to-day operations. This was validated by the latest Energy Trilemma Index of the World Energy Council, which ranks 125 countries in three dimensions – environmental sustainability, energy security and energy equity. The […]

Meralco rates down this month

The overall tariff billed by Manila Electric Company (Meralco) to the wide base of its residential subscribers this January was down by P0.3418 per kilowatt hour (kwh) due to lower cost of supply procurement from power producers. The average rate reflected in the bills for those in the 200-kilowatt hour consumption bracket then had been […]

Sapura Energy bags contracts worth RM760mil

PETALING JAYA: Oil and gas company has secured contracts worth RM760mil in Angola and Malaysia that boosted the combined value of project wins in current financial year ending Jan 31, 2019 to RM9.3bil. The company, in a statement on Monday, said the growing order book will see a higher utilisation of its assets. In Angola, […]

AboitizPower to provide energy for Batangas ecozone

MANILA — AboitizPower Corp. will provide energy services for Light Industry & Science Park (LISP) IV in Malvar, Batangas, one of the latest economic zone projects of Science Park of the Philippines, Inc. (SPPI). In the 25-year service agreement between AboitizPower and SPPI, the former’s distribution utility Malvar Enerzone Corp., will manage the construction, installation, […]

Oil price hike on January 8 not due to Train Law – DOE

MANILA, Philippines – Pump prices will increase on Tuesday, January 8, amid movements in the world market, various oil companies confirmed. Caltex, Shell, PTT Philippines, Petrogazz, Phoenix Petroleum, and Eastern Petroleum will increase P0.70 per liter on diesel and P0.80 per liter on gasoline. The changes will be implemented starting 6 am Tuesday. The Department […]

Indonesia sets Jan HBA thermal coal price at $92.41/mt, down 0.11% on month

Singapore — Indonesia’s Ministry of Energy and Mineral Resources has set its January thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $92.41/mt, down 0.11% month on month, and down 3.28% year on year. China’s import limitation impacted the seaborne thermal coal prices, according to the ministry’s spokesman Agung Pribadi. The […]

Vietnamese, Lao PMs co-chair meeting of inter-government committee

HÀ NỘI — Vietnamese Prime Minister Nguyễn Xuân Phúc and his Lao counterpart Thongloun Sisoulith co-chaired the 41st session of the Việt Nam-Laos Inter-Governmental Committee in Hà Nội on Sunday. PM Phúc expressed his delight at the positive development of traditional friendship, special solidarity and comprehensive co-operation between Việt Nam and Laos in diverse areas […]