Energy World Corp receive DoE permit in the Philippines
The directors of Energy World Corp (ASX:EWC) are pleased to receive an a permit from the Department of Energy in the Philippines to construct, own and operate a liquefied natural import terminal and regassification facility. The permit allows for an extended construction period of 24 months. This will enable completion date for the first tank […]
Three-quarter tank rule to apply to Singapore diesel-powered vehicles from April
SINGAPORE: From Apr 1 this year, all Singapore-registered diesel-powered vehicles will be required to have at least three-quarters of a tank of fuel when leaving Singapore via the land checkpoints, said Singapore Customs on Wednesday (Jan 2). This minimum requirement, commonly referred to as the “three-quarter tank rule”, currently only applies to Singapore vehicles running on petrol […]
SMC-Meralco consortium investing P99b in coal plant
The joint venture of SMC Global Power Holding Corp. and Meralco PowerGen Corp. plans to spend P99 billion to put up a 1,200-megawatt coal project in Mariveles, Bataan. Mariveles Power Generation Corp., the joint venture firm, said in an environmental impact statement submitted to the Environmental Management Bureau it would construct and operate the Mariveles […]
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. […]