Showing 21-30 of 424 results

Sabah collects RM1.79bil in sales tax from petroleum products

KOTA KINABALU: Sabah collected RM1.79 billion in sales tax from petroleum products, the state assembly heard today. Second finance minister Masidi Manjun said the revenue exceeded the state government’s target of RM1.1 billion.

New LNG plants to ease tight power supply in Philippines

Two liquefied natural gas (LNG) projects are on track to go online next which the Department of Energy (DOE) said will help stabilize power supply, specifically in Luzon where there has been supply shortfall in recent years.

Govt Aims to Produce 1 Mln Barrels of Crude Oil as Energy Demand Remains High

TEMPO.CO, Bali – Coordinating Minister of Maritime Affairs and Investments Luhut Pandjaitan at the 3rd International Convention on Indonesian Upstream Oil and Gas 2022 held in Bali said Indonesia’s energy consumption remains high, especially for the use of crude oil. He said this has pushed the government to aim on producing one million barrels of […]

Yangon and rest of country facing more power cuts

According to a statement from the Ministry of Electricity and Energy, it will not be able to meet Yangon’s electricity demands this summer and it is having to ration electricity.

PLN to Build Tanah Baru Power Plant, Gets the Lowest Bid in History

TEMPO.CO, Jakarta – Total Eren and PT Adaro Power have won the tender for the development of the Tanah Laut Wind Power Plant (PLTB) in South Kalimantan with a capacity of 70 MW. The consortium won the tender after offering the lowest bid.

Vietnam Electricity reports losses of $635 mln

Vietnam Electricity (EVN) posted losses of VND15.758 trillion ($635.4 million) between January and October, with higher fuel prices a major contributing factor. EVN said fluctuations in the world prices of coal, oil and gas since the beginning of this year have caused its production costs and purchase prices of electricity it bought from other power […]

6 power plants on outage; brownouts expected in Luzon grid

MANILA – Rotational brownouts are expected in Luzon between 5 p.m. and 6 p.m. on Monday as the National Grid Corporation of the Philippines (NGCP) declared the grid under red alert status during this period.

Philippine leader hopes court will reconsider Manila power deal

MANILA, Nov 27 (Reuters) – Philippine President Ferdinand Marcos Jr. hopes the country’s Court of Appeals will reconsider a decision that raises the possibility of electricity rate hikes in the capital, the Office of the Press Secretary said in a statement on Sunday.

TNB to ride on rising electricity demand

PETALING JAYA: There is further upside for Tenaga Nasional Bhd’s (TNB) share price amid an improving operating environment for the utility giant, say analysts. Rising electricity demand in Malaysia in tandem with the recovery of the country’s economy will continue to bode well for TNB.

PLN Says Indonesia’s Electricity Consumption Lower than Neighboring Nations

TEMPO.CO, Jakarta – Executive vice president of commercial management at state-run electricity company PLN, Muhammad Munif Budiman, said Indonesia’s electricity consumption is still low compared to neighboring countries. Its consumption per capita only reached around 1,150 kWh.