Indonesia’s biggest thermal power plant is operational
Jakarta (ANTARA) – Indonesia’s biggest coal-based thermal power plant of the PLTU Jawa 7 Unit 1 with a total capacity of 2 X 1,000 megawatt (mw) of two stations is now officially operational. This PLTU Jawa 7 Unit 1 located in Terate Village, Serang, Banten Province, is the first coal-based thermal power plant that uses […]
Indonesia preparing change to more favourable geothermal feed-in-tariffs
With continued challenges to attract investors to develop geothermal projects in Indonesia, the country is now looking to change its current price determination scheme for geothermal electricity to a feed-in-tariff. With the planed change from the original scheme based on the local or local cost of supply (BPP) the new feed-in-tariff scheme is to be […]
Grab announces electric vehicle pilots in Indonesia in 2020
Grab has revealed its roadmap to launch electric vehicles (EV) in Indonesia in partnership with the local government. The ride-hailing startup will collaborate with automakers and distributors, including Hyundai, Astra Honda Motor and Gesits, to introduce four- and two-wheeler electric vehicles for pilots in the Greater Jakarta area. Users will be able to book EV […]
A fusion startup backed by Jeff Bezos just raised another $65 million, signaling that investors are still betting on this ‘Holy Grail’ technology.
Fusion energy startup General Fusion just raised another $65 million. The money will go towards constructing a demonstration power plant to test out its technology. Here, an early-stage prototype of the company’s unique piston technology, which is designed to compress hydrogen plasma and spur fusion.General Fusion
Basic Energy Corp. partners with Thai firm on renewable energy development
As reported from the Philippines, Basic Energy Corp. said it has entered into a subscription agreement with Thailand-based Vintage Engineering Public Co. Ltd. (VTE), a publicly-listed company in Thailand, “for a strategic partnership to pursue the exploration, development and production of renewable energy resources, in the Philippines and abroad.” The companies signed an initial MOU […]
PH petroleum demand, import surge
Demand for petroleum products in the Philippines has been on the rise, expanding by 4.5 percent in the first half of the year while imports surged by 19.5 percent on declining production by local oil refiners, data from the Department of Energy (DOE) showed. Based on the DOE data, demand for petroleum products reached 87.790 […]
Uzma to expand business within Asean
KUALA LUMPUR: Oil and gas (O&G) services provider Uzma Bhd targets to expand its three core upstream services beyond Malaysian shores by next year, focusing on Philippines, Thailand, Indonesia and Brunei. Group managing director and chief executive officer Datuk Kamarul Redzuan Muhamed said the group will focus on subsurface solutions, integrated wells solutions (IWS) and […]
Sarawak CM orders own hydrogen car
KUCHING: Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg (pic) has ordered his own hydrogen car, to lead by serious example, leadership in action in fulfilling the state’s green agenda. It will be similar to the Hyundai Nexo hydrogen fuel cell car that costs before taxation US$60,000 or some RM300,000. “Sarawak is still developing […]
Can Palm Oil Demand Be Met Without Ruining Rainforests?
Palm oil is one of the world’s most widely used and controversial commodities. Cheap, efficient and extraordinarily versatile, it’s found in thousands of everyday products, from cookies to shampoo to fuel. Yet surging cultivation of oil palm trees is linked to burning of tropical rainforests and the destruction of wildlife habitats in Southeast Asia. Environmental […]
Mubadala Petroleum Searching for Investment Opportunities in the Cambodian Oil Sector
A senior official at the Ministry of Mines and Energy said Mubadala Petroleum, one of the largest oil and gas companies in the UAE, is searching for investment opportunities in the Cambodian oil sector.