Malaysia’s Petronas acquires 10% stake in Oman gas field
Singapore — Malaysia’s state-run oil and gas company Petronas has completed the acquisition of a 10% stake in a gas field in onshore Oman from Oman Oil Co Exploration & Production or OOCEP. The acquisition was made by Petronas’ subsidiary PC Oman Ventures Ltd or PCOVL in Block 61 from Makarim Gas Development, a subsidiary […]
Home solar power systems shine in HCM City
The practice follows the Ministry of Trade and Investment’s decree on developing grid-connected solar power projects which came into effect in October 2017. It encouraged citizens to produce solar power at home to cover their domestic electricity demand and contribute to the national power grid. The method has proved to be a worthy investment as […]
IAEA helps Vietnam plan for new reactor
Three sites proposed for the reactor’s location include one in the Central Highlands province of Lam Dong and two in the southern province of Dong Nai. The project follows an agreement signed in June 2017 between Russian state nuclear corporation Rosatom and the Vietnam Atomic Energy Institute (VINATOM) under the Vietnamese Ministry of Science and […]
Electricity, gas tariffs to drop in 2019 first quarter
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 […]
Dams threaten traditional way of life in Mekong Basin
PHNOM PENH — Sak Seam, 69, chief of Chnok Tru, a village in central Cambodia, is worried. The floating village of about 1,700 households is located on a tributary of the Mekong River. “The villagers will be unable to survive if the fish catch decreases further,” he said. […]
1 in 3 eligible consumers switches to electricity retailer
Nearly a third of eligible consumers have opted to buy electricity from a retailer since the Open Electricity Market was progressively launched from Nov 1, starting with households mainly in the north-west of Singapore. And the Energy Market Authority (EMA) believes this initial take-up rate will stay the same as the roll-out continues across the […]
Some poor folk may lose out
KUCHING: A thorough study should be undertaken by the relevant federal ministries to address the impact from the implementation of the new RM40 electricity bill rebate, set to take effect as of Jan 1 next year. Minister of Utilities Dato Sri Dr Stephen Rundi Utom said the new policy, slated for replacing the current consumption-based […]
Malaysian investors keen to invest in hydropower sector of KP
Zainal Abidin Bin Abdullah, Chairman M/s WAZAN Corporation, Malaysia led a four-member delegation to meet Syed Zain Ullah Shah, CEO Pakhtunkhwa Energy Development Organization (PEDO), Peshawar and his team. The Meeting was organized by the Board of Investment, IFC, Peshawar at the conference hall of PEDO, Peshawar and was chaired by CEO PEDO. The meeting […]
Energy project changes the lives of interior folks
Kota Kinabalu: IRENE Kodoyou is one of the few hundreds of indigenous natives living in remote rural areas in Sabah who grew up without seeing a light bulb, not until about a decade ago.For everyone else in urban areas, her experience may be hard to imagine because electricity is often taken for granted. They have […]
BGRIM’s solar energy projects proceed without a hitch
BANGKOK, 28 December 2018 (NNT) – B.Grimm Power Plc (BGRIM)’s solar power development projects have made headway according to plans to consolidate its capacity build-up. Three out of the seven ground-mounted solar farms sponsored by BGRIM for government agencies and agricultural cooperatives in Thailand, with a total installed capacity of 10.8 megawatts, were brought on line […]