China’s ET finds home on PH rooftops
A subsidiary of Chinese solar cell manufacturer ET Solar has commissioned its first commercial solar project in the Philippines—on the rooftop of an American car dealership in Cebu City. ET Energy said in a statement the solar rooftop system has been finished and connected to the grid, for use of Fairlane Automotive Ventures Inc., a […]
India cuts tax on palm oil imports; Malaysia to benefit the most
Mumbai INDIA has cut import taxes on crude and refined palm oil from South-east Asian countries after a request from suppliers, a government notification said. The reduction will lead to higher imports of palm oil by the world’s biggest edible oil buyer in coming months as it would narrow the difference between the tropical vegetable […]
Indonesia’s Medco Energi in talks to buy London-listed Ophir Energy
Singapore — Indonesian oil and gas group Medco Energi is in talks to buy UK-based Ophir Energy to create one of the biggest private upstream producers in Southeast Asia, the two companies said separately. Shares in London-listed Ophir — an oil and gas company with upstream assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and […]
PTT unit to take over Glow Energy; TMB, Thanachart Bank in merger talks
PTT Group’s Global Power Synergy has secured the approval to acquire a 69.11 per cent interest in Glow Energy, the Thai unit of French energy major Engie while Thanachart Bank and TMB Bank are in talks for a merger. PTT’s $4b acquisition of Glow Energy approved The Thai energy watchdog has approved the $4-billion takeover […]
When Keeping Cool, Socioeconomic Status Matters
AsianScientist (Jan. 2, 2018) – Singapore households from different socioeconomic groups vary significantly in their use of water and electricity for heat relief, according to a study by researchers from the National University of Singapore (NUS). They published their findings in the journal Nature Communications. In Southeast Asia, climate models project annual temperature to increase […]
Activists demand cheaper, public-focused power plan
An advocacy group is planning to ask the Energy Ministry to revise its Power Development Plan draft, which it says has failed to raise people’s awareness on energy saving and may ultimately burden consumers with high electricity charges. The call for a revision comes as Thailand gears up to launch its national Power Development Plan […]
Southeast Asia ‘smart cities’ redesign roads and grids with Japan
TOKYO — Japan will help build “smart cities” across Southeast Asia, using artificial intelligence and networked devices to tackle problems like road congestion and energy conservation. […]
Prospects for oil and gas in 2019
new draft of the petroleum law has been tabled. After the bill is amended, Hluttaw will enact in. However, before in comes into force, it can be amended if the people provide suggestions. Will the new law be effective in the case of the oil block tenders that will be called soon and for the […]
Deal signed for hydropower project
The Ministry of Electricity and Energy has announced the signing of a power purchase agreement (PPA) for the Upper Baluchaung hydropower project with Neo Energy Oasis Co Ltd, the builder of the project. The PPA was signed between Electric Power Generation Enterprise (EPGE), a unit of the ministry and Neo Energy Oasis on December 28. […]