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White paper on Malaysia’s energy future aimed at achieving Paris Agreement pledge

Petroliam Nasional Bhd (Petronas) is spearheading an industry-wide study with various agencies to develop an Oil, Gas, Energy and Environment White Paper on Malaysia’s Future Energy Landscape. Prime Minister Tun Dr Mahathir Mohamad said the study supported Malaysia’s aspirations to be a low-carbon economy with a blueprint on energy policies that will stimulate action towards […]

PTT to expand retail, power sectors amid slower growth

KUALA LUMPUR: Thailand’s state energy firm PTT Plc has stepped up investments in the retail and industrial power sectors to buffer the impact of a global economic slowdown on its oil refining and chemical businesses, its chief executive said on Monday. “We have a global challenge and that is the (US-China) trade war. That is […]

Thailand aims to become electricity hub of ASEAN

BANGKOK, June 24 (Xinhua) — Thailand on Monday has made it clear that it aims to become the electricity hub in the Association of Southeast Asian Nations (ASEAN) region. Speaking at the 37th Senior Officials Meeting on Energy (SOME) held in Bangkok, permanent secretary of the Thai Energy Ministry Kulis Sombatsiri told the media that […]

Indonesia’s Bukit Asam aims coal gasification from new plants by 2024

NUSA DUA, Indonesia: Indonesian state coal miner PT Bukit Asam expects coal gasification from first of its four plants being built by the company near its mine in Tanjung Enim, South Sumatra by 2024, a company official said on Monday. The factories are being constructed in a consortium with state energy company Pertamina, state fertilizer […]

Cost of developing renewables in Southeast Asia put through new mapping tool

To realize the regional goal of generating 23% of energy from renewables within six years, quality data and analyses are needed to support investment decisions made by member states of the Association of Southeast Asian Nations (ASEAN). One such piece of analysis has used a new mapping application to visualize the costs of developing solar […]

Indonesia’s energy sector booming with revenue reaching US$ 13.8 billion

The latest data by the Indonesian Ministry of Energy and Mineral Resources (ESDM) indicate that the total revenues from the oil and gas sectors reached 196 trillion rupiahs (US$ 13.8 billion), 157% of the amount forecast in the 2018 National Budget Plan of 125 trillion rupiahs (US$ 8.8 billion). Oil and gas investment in 2018 […]

Payments for electricity bills go cashless

Vietnam Electricity (EVN) will promote electricity bill payment via digital mode of transactions in 2019. Aiming to double the number of customers using cashless payment, EVN’s members are working with the People’s Committees of cities and provinces nationwide to boost electricity charge collection via automatic debt deduction, SMS & mobile banking, internet banking and e-wallet […]

Vietnam owns abundant potential for renewable energy development

Vietnam has set a target of raising renewable energy production from 58 billion kWh in 2015 to 101 billion kWh in 2020, 186 billion kWh in 2030, and 452 billion kWh in 2050. Under the renewable energy development strategy of Vietnam towards 2030 with a vision to 2050 that was approved by the Government in […]

Indonesia to charge higher coal mining royalties under revised rules

JAKARTA, June 20 (Reuters) – Indonesia’s Energy and Mineral Resources Ministry has proposed revising regulations governing mining rights to include higher royalty payments and earlier applications for permit extensions. Under the proposals, royalties on coal sales to central government would rise to 15% from 13.5%, Bambang Gatot Ariyono, the ministry’s Director General of Coal and […]

World Bank warns Myanmar to double electricity sector investment

YANGON — Myanmar needs to invest twice as much and implement projects three times faster to address its rapidly growing demand for electricity, the World Bank said. The figures presented in its Myanmar Economic Monitor, a biannual report released on Tuesday, indicated that Myanmar’s electricity supply will further deteriorate without a steep increase in investment by […]