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Shell expands bitumen market to Vietnam

Publicly-listed Pilipinas Shell Petroleum Corporation has expanded its bitumen market to Vietnam, enabling it to fetch additional revenues from export of such commodity that started in the last quarter of last year, according to a high-ranking company executive. “In fourth quarter of last year, we made our first export of finished bitumen within the ASEAN […]

TNB continues to play active role in renewable energy

PETALING JAYA: Underscored by Tenaga Nasional Bhd’s (TNB) aspiration to be the Asean leader in renewables, the group is actively diversifying into energy sources that are able to meet the needs of the future in a sustainable, reliable and affordable manner.“We are looking to expand our domestic generation capacity to fuel the nation’s economic trajectory, […]

New electricity tariff depends on EC review

KUALA LUMPUR: New electricity tariff will depend on the next review by the Energy Commission while coal and gas prices through the imbalance cost pass through (ICPT) mechanism will likely be maintained, says TNB CEO Amir Hamzah. “We understand the electricity tariff is affected by fuel prices. Ultimately, the movement of the tariff will depend […]

Electric cars will help cut smog in Thailand

Increasing air pollution in Thailand caused by hazardous particulate matter known as PM2.5 has led many people to ask where this threat is coming from. According to several respected scholars and a study by the Pollution Control Department, diesel vehicle fuel exhaust emissions is one of the main causes. (Another is the burning of forest […]

Smart grid policy advised for renewable energy progress

At ADB’s annual seminar, Ms Preeyanart discussed the evolving approaches to renewable energy projects in developing countries. Regulatory support for a smart grid should be the next government’s top priority for renewable energy policy, as finding funding sources for environmentally friendly projects is becoming easier in Thailand, says B.Grimm Power’s president. “I do not believe […]

‘Red tape, tight rules discourage investments in renewable energy’

Renewable energy may be one of the government’s new top sources of investment, but industry players have complained it is difficult to develop clean power projects in the Philippines largely due to bureaucratic red tape. Renewable Energy Association of the Philippines President Erel B. Narida lamented the procedure for getting a project approved is just […]

Vietnam poised for renewable boom – report

The study from analytics firm GlobalData predicts a a compound annual growth rate (CAGR) of 22.4 per cent for currently untapped non-hydropower renewables in the country, which it attributes to a change in government policies. The report highlights that, with Vietnam’s coal reserves depleting, the government is looking to expand the energy mix away from fossil […]

Argentina seeks JV, cooperation with Malaysia on renewable, nuclear energy

KUALA LUMPUR: Argentina is seeking joint venture and cooperation with Malaysia in the field of renewable energy and the peaceful use of nuclear energy, said Vice President Gabriela Michetti (pix). She said Argentina saw great potential in renewable energy, such as wind and solar power, and has made large investments in the sector in the […]

Widodo’s re-election could prompt Shell’s exit

Investment Coordinating Board chairman Thomas Lembong points to Indonesia’s “scariest macro-economic graphic,” showing an energy trade balance where oil and gas production keeps falling, fuel imports keep rising – and the country which was once the world’s largest exporter of liquified natural gas (LNG) becomes a net importer by 2020-21. “I can’t begin to tell […]

Shell shelves plan to build renewable energy unit in PH

Royal Dutch Shell Plc. shelved a plan to venture into renewable energy projects in the Philippines and decided to focus on energy efficiency measures and off-grid projects. “It was challenging because first of all, there is a nationality requirement being an RE company. And we noticed when we are doing our market scouting, the market […]