Malaysia to cut diesel subsidies, saving $852 million annually
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 billion ringgit ($852 million) annually, Prime Minister Anwar Ibrahim said on Tuesday.
Myanmar’s erratic electricity supply is forcing small businesses to shut down
Micro, Small, and Medium Enterprises (MSMEs) are reportedly experiencing adverse effects due to frequent electricity blackouts, leading to some businesses having to halt their operations. The state-owned Yangon Electrical Supply Corporation (YESC) reported in April that the production capacity of large hydropower plants in the national power system has decreased due to dry conditions.
Voluntary power cuts may be encouraged in extreme gas shortage; power rationing a last resort: EMA
Industries and households may be encouraged to voluntarily cut electricity use during an extreme gas shortage, with power rationing being a last resort, the Energy Market Authority (EMA) told The Straits Times on May 9.
Philippines DOE Announces Third Round Of Green Energy Auction For Non-FIT RE Technologies
In its commitment to harnessing renewable energy (RE) resources for energy security, the Department of Energy (DOE) in the Philippines is set to conduct the Third Round of the Green Energy Auction (GEA-3).
TotalEnergies to splash out $903 million on its gas footprint expansion off Malaysia
France’s energy giant TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia by inking a deal with Austria’s OMV to get its hands on a stake in SapuraOMV Upstream, a 50:50 joint venture between Sapura Energy and the Austrian firm, which works as a Malaysian independent […]
LSS programme back with 2GW quota, up to 500MW per developer
The government will soon open up bids for Malaysia’s fifth large-scale solar (LSS) photovoltaic programme, with a quota of up to 2GW of which a developer can bid for up to 500MW.
Natural gas finding may boost Indonesia’s energy potential: observer
Indonesia has the opportunity to meet its energy needs independently and play an influential role on the global stage by utilizing its natural gas potential, according to Rystad Energy, an energy research firm.
Indonesian Energy Ministry Emphasizes Planned Mining for Sustainability
The Ministry of Energy and Mineral Resources (ESDM) has emphasized the importance of planning in the mining sector to ensure environmental, economic, and social sustainability.
