Oil price rollback effective on Aug. 4
MANILA – Oil companies will implement price rollback effective morning of August 4. In separate advisories, Chevron (Caltex), Cleanfuel, Flying V, Petro Gazz, Seaoil and Shell said they will cut diesel prices by PHP0.30 per liter and PHP0.25 per liter on gasoline prices. Chevron, Flying V, Seaoil, and Shell will also reduce kerosene prices by PHP0.15 per liter.
Indonesia prepares regulation on renewable energy pricing
Jakarta (ANTARA) – The Indonesian Government is preparing a presidential regulation on renewable energy pricing, in a bid to gain investors’ trust in the clean energy sector. Director General of Renewable Energy and Energy Conservation (EBTKE) of the Energy and Mineral Resources Ministry Fx Sutijastoto said in a statement here on Sunday that the draft of […]
Singapore Set to Get a New Peer-to-Peer Renewable Trading Platform
Singapore-based Senoko Energy announced that it had launched a pilot project for peer-to-peer (P2P) renewable energy trading. The project is supported by an ELECTRIFY and ENGIE Factory, the venture arm of French multinational electric utility company ENGIE.
Cleaning up the Energy Ministry
Since the resignation of Energy Minister Sontirat Sontijirawong, the vacant post has been highly sought after by ambitious power brokers not for its budget, one of the smallest in government, but for its control of lucrative energy contracts plagued by graft and corruption.
South Korea’s New Southern Policy and ASEAN-ROK Relations
Despite intense focus on South Korea’s renewed push for inter-Korea engagement, the Moon Jae-in government continues to expand its outreach to Southeast Asia and India through its New Southern Policy (NSP). President Moon demonstrated his commitment to Southeast Asia, visiting all 10 ASEAN countries in his first two years in office. In November 2019, the South Korean president […]
Indonesia to mix coal-based DME, LPG as cooking gas to reduce imports
The government is looking to mix coal-based dimethyl ether (DME) and liquefied petroleum gas (LPG) as cooking gas in an effort to reduce Indonesia’s dependence on imported LPG. The country has long sought to replace the LPG with DME as a cooking fuel, but new official studies have revealed a key limitation with the plan.
China pressurises Vietnam to cancel, compensate offshore firms operating in South China Sea
Amid the growing Chinese movement in the South China Sea, Vietnam has agreed to pay around a billion dollars to two international companies after cancelling their drill operations following pressure from Beijing, The Diplomat reported. To maintain its presence in the South China Sea region, China, for several years, continued its efforts to prevent the Vietnam-based […]
Grip trip causes day-long blackout in Yangon
Many of the Yangon residents experienced several hours long blackout as there was “a system breakdown” in the National Power Grid at 12:35pm on Friday, July 24, the regional electricity corporation said. The 230kV Taungtwin-Nay Pyi Taw power cable near Nyaung Wine village was at “fault” resulting in many areas in Yangon Region to experience […]
