A new central North Sea sidetrack well has come up trumps for Malaysian firm Hibiscus Petroleum and its partner. Hibiscus said the sidetrack on the Guillemot A field was completed in September and was making a “positive contribution”. It is capable of flowing at 3,697 barrels of oil per day and could yield 1.5 million […]

PETALING JAYA: A Sarawak MP has panned the state government’s proposal to revive the Light Rail Transit (LRT) project to link Kuching with surrounding towns such as Kota Samarahan to combat traffic congestion. The DAP MP for Bandar Kuching Dr Kelvin Yii said the proposed LRT project might not be the most cost-effective solution or […]

Ecogreen Energy, a subsidiary of Singapore listed CJE group, the global leaders in waste management and waste-to-energy sector, has appointed Vishal Gupta as the Chief Executive Officer. The decision of the management change came during the board meeting held recently. He will be incharge of the day-to-day leadership of the Company and will also join […]

Energy Capital Vietnam (ECV) has announced that it has moved its initial project location from Bac Lieu to Quang Nam, which is located along the central coast of the country approximately one hour south of Da Nang. According to the statement, the decision was made in cooperation and consultation with the office of the Prime […]

THE Energy Development Corp. (EDC) has signed a two-year agreement to supply Citizen Machinery Philippines, Inc. with geothermal energy for the latter’s facilities in Tanauan City, Batangas province. Under the deal, which shall commence on December 26, EDC shall provide Citizen Machinery Philippines with 2.5 megawatts (MW) of electricity from the company’s BacMan geothermal project. […]

Thailand’s power-generating capacity will be deregulated in the near future, meaning the state-run Electricity Generating Authority of Thailand (Egat) must compete with private firms at auctions for new large power plants, according to the tentative national power development plan (PDP). The latest version of the PDP is envisioned as the long-term development plan for the […]

PARIS — Demand for electricity is set to explode in the next two decades, which could be good news for the environment but a challenge for governments and power companies, the IEA said Tuesday. “The electricity sector is experiencing its most dramatic transformation since its creation more than a century ago,” said the International Energy […]

SINGAPORE: Electricity and gas tariffs are set to drop in the first quarter of 2019. Electricity tariffs will decrease by an average of 1.2 per cent or 0.28 cent per kWh from Jan 1 to Mar 31 next year, compared to the previous quarter, SP Group announced on Sunday (Dec 30). Households’ electricity tariff will […]

It was reported that from January to March 2019, consumers can expect lower electricity and gas tariffs due to lower cost of natural gas for electricity generation and a drop in fuel prices from the quarter before. Energy utilities provider SP Group announced yesterday (30 Dec) that the electricity tariffs will drop by an average […]

PowerSelect’s unique live auction helps businesses secure best electricity offers in shortest possible time SINGAPORE, Nov 23, 2018 – (ACN Newswire) – PowerSelect, a new online portal which helps Singapore businesses purchase electricity more efficiently, has enabled its first customer, Sakae Holdings, to save more than $12,000 in electricity bills over the next 12 months*. […]