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Gatchalian asks DOE to add energy security, sufficiency in 30-year plan

Senator Sherwin T. Gatchalian, chairman of the Senate energy committee, urged on Thursday the Department of Energy (DOE) to include energy security in its Philippine Energy Plan as the soaring energy prices have contributed to the country’s nine-year-high inflation rate. Sen. Sherwin T. Gatchalian (Senate of the Philippines / MANILA BULLETIN) During a recent hearing […]

Geo Energy inks coal off take, equity investment with Australia’s Macquarie Bank

INDONESIAN coal miner Geo Energy Resources has scored a three-in-one with Australia’s Macquarie Bank that will see the Singapore-listed firm secure more than US$75 million in fresh funds by way of a pre-payment for a coal offtake deal for its mine and proposed equity investment alongside a trade finance facility for which the sum was […]

Indonesia hauling ban could paralyse South Sumatra coal mining : Assoc

Indonesia is the world’s top thermal coal exporter, and South Sumatra’s total output of the fuel this year was expected to be 48.5 million tonnes, the Indonesian Independent Power Producers Association (APLSI) said in an emailed statement. New Delhi: Indonesia’s South Sumatra province plans to ban coal transporters from using public roads from Nov. 8, […]

Sarawak awaits MoE to power 113 schools

KUCHING: The Sarawak government is still waiting for consent from the Ministry of Education (MoE) in Putrajaya to implement electricity connections to 113 schools in Sarawak. Assistant Minister of Education, Science and Technological Research Dr Annuar Rapaee said although the ministry had replied to their letter, their consent had not been given. He said the […]

Making ends meet for Vietnam’s growing energy sector

Coal takes centre stage with 35% market share, whilst renewables deals are stuck at pre-investment even with electricity demand poised to grow by 8% until 2025. As Vietnam’s energy sector expands, the role of the private sector and foreign investment is increasing, taking the form of build-operate-transfer (BOT). Some newly licensed BOTs include Nam Dinh […]

What are the woes in Myanmar’s energy mix?

No new MOA or PPA has yet to be concluded for two years already. It has already been two years since Myanmar’s newly democratised government came to political power, but much to the frustration of energy firms, a new MOA or PPA has yet to be concluded to increase another kind of power in the country: […]

Philippines’ MGen eyes 1GW renewables output

It wants solar to drive this renewables output. The power generation arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp., seeks to raise its renewables output to 1,000MW or 1GW in the next two years to three years, BusinessMirror reports. It added that it wants solar power to comprise its portfolio. MGen president Rogelio […]

UK to assist Myanmar with renewable energy projects

The United Kingdom will assist Myanmar in implementing renewable-energy projects. a senior UK official said. Douglas Barnes, director of the UK’s Department for International Trade, made the comment during  a knowledge-sharing workshop for policies and regulations covering renewable-energy use and reducing carbon emissions organised by his agency in Nay Pyi Taw on Monday. “After the workshop, the […]

DOE wants moratorium on oil exploration in West Philippine Sea lifted

Energy Secretary Alfonso Cusi said Wednesday it is imperative for the government to lift the moratorium on exploration works in the disputed areas in the South China Sea in order for the possible joint oil and gas exploration deal with China to move forward. The Philippines and China are negotiating for the exploration deal which […]

Malaysia’s oil overdependence threatens attempts to shed debt

Analysts see downside risks to the oil price rally even in 2019. The Malaysian government has expressed plans to narrow their YoY budget deficit from 3.7% to 3.4% next year. However, analysts at Fitch Solutions stated that their forecasts remain at 3.7% as they dread that the country’s continued dependence on oil revenues pose risks […]