P320B collected through fuel marking
The government has so far collected more than P320 billion in duties and taxes through its fuel-marking program, data from the Finance department showed. Data released by the Finance department on Monday showed that the actual P324.45-billion tax take from Sept. 4, 2019 to Nov. 26, 2021 was equivalent to 29.81 billion liters of marked fuel […]
Ideas: Asean in a new age of energy security
The energy transition will have particularly interesting implications for Asean. As a rapidly developing region, growth in electricity demand has averaged around 6% per year. With fossil fuels expected to continue dominating Asean’s future energy mix, the region is projected to become increasingly dependent on energy imports to meet future demand (in the case of […]
Woodside, Keppel to study hydrogen supply to Singapore
Woodside Petroleum (WPL.AX) is working with units of Keppel Corp (KPLM.SI) and Osaka Gas Co (9532.T) to study a long-term supply of liquid hydrogen from Western Australia to Singapore and potentially Japan, the companies said on Wednesday.
INTERVIEW: Singapore’s Climate Impact X to hold new carbon auctions, launch standardized contracts in 2022
Singapore-based carbon exchange Climate Impact X or CIX plans to conduct new auctions for carbon credits in early 2022, followed by the launch of standardized carbon contracts, CEO Mikkel Larsen said in an interview.
Wary welcome for Indonesia’s ‘green port’ initiative to clean up shipping
Indonesia is launching a program to make the country’s ports more environmentally friendly in an effort to reduce its carbon emissions and protect the marine ecosystem.
Indonesia eyes massive investments in renewable power
The Indonesian government estimates that total investment of up to $1,043 billion will be needed to develop new power plants fuelled by renewable energy to achieve its goal of carbon neutrality by 2060. The Southeast Asian nation is currently heavily reliant on coal for power generation.
Indonesia Needs US$187bn Upstream Investment to Boost Oil, Gas Production
Energy Minister Arifin Tasrif estimates it would require US$187 billion of investment in the upstream oil and gas in order to achieve the target of increasing production in 2030. The figure is around IDR 2,700 trillion, assuming an exchange rate of IDR 14,379 per US dollar.
New energy-saving glass could cut the cost of your household bills
If you’ve ever touched one of your window panes in the depths of winter, you’ll know how cold they can be. Equally, in summer, south-facing windows radiate heat into our homes, creating a greenhouse effect that can be stifling.
N Kalimantan green industrial area to become world’s largest: Widodo
President Joko Widodo (Jokowi) has said that he expects the green industrial area in North Kalimantan to become the largest in the world once it is expanded to 30 thousand hectares. The industrial area was originally planned to be developed on 13 thousand hectares of land.
Commitment to lower coal energy uncertain
The COP26 summit that ended early last month in Glasgow agreed on reducing the use of coal in coming years in a phased manner. This clearly seems to be the right thing to do with several countries finally finding a common voice in saving the planet.