Energy chief flags delays in power investments due to Luzon lockdown
Energy Secretary Alfonso Cusi has flagged that the Luzon-wide enhanced community quarantine might be a downside to energy-related investments and a risk to the country’s power capacity in the long-term. The entire Luzon was placed under enhanced community quarantine at 12 a.m. on Tuesday, March 17, as ordered by President Rodrigo Duterte on Monday night, to […]
National Renewable Energy Committee holds 3rd coordination meeting
The National Renewable Energy Committee organized its 3rd coordination meeting (1/2020) in Nay Pyi Taw yesterday. Chairman of the committee and Union Minister for Electricity and Energy U Win Khaing, its deputy Chairmen Union Minister for Agriculture, Livestock and Irrigation Dr Aung Thu and Union Minister for Education Dr Myo Thein Gyi; and committee members.
Energy companies are business as usual
MANILA, Philippines — Energy companies are on business as usual mode despite different levels of impact of the spread of the corona virus disease (COVID-19). While there is an expected drop in vehicle usage, fuel companies see an uptick in the consumption of liquefied petroleum gas (LPG) as more Filipinos stay at home due to the […]
Cusi assures supply of fuel products
MANILA, Philippines — Energy Secretary Alfonso Cusi assured the public of continued supply of fuel products amid the 30-day community quarantine in Metro Manila. “During this most challenging time, it is imperative to ensure the continued supply of fuel products, especially in areas under quarantine. Having sufficient petroleum supply is vital, making it a critical concern […]
Local fuel prices fall Ks305-345 per liter in over three months
Local fuel prices have continued to fall by Ks305 to Ks345 per liter over the past three months as global oil prices went down to around US$31 per barrel, according to local filling stations. The global oil price jumped to US$76 on October 3, 2018. It then fell to U$42 per barrel on December 24. It […]
Malaysia lowers export tax on Crude Palm Oil as prices tumble
Singapore — The Malaysian government has lowered the tax on crude palm oil exports in April to 5% from 6% in March. This move came after the reference price for Malaysian palm oil in April was calculated at MR 2,631.07/mt, down from MR 2,982/63/mt for March. The export tax of 5% applies to a CPO price range […]
Virus-related cooking gas price cut
The cabinet will consider ways of reducing the price of cooking gas next week, to help ease the economic impact of the coronavirus disease (Covid-19) outbreak, Energy Minister Sontirat Sontijirawong said. A decision on the price of LPG for home use would be among measures being introduced to alleviate the cost of living for people in […]
Vietnam adjusts biomass power prices
Hanoi (VNA) – Adjustments have been made to biomass power prices under the Prime Minister’s Decision No.08/2020/QD-TTg on amendments and supplements to several articles of the Decision No.24/2014/QD-TTg dated March 24, 2014. Accordingly, the prices will range from 1,634 – 1,968 VND (0.07 – 0.08 USD) per kWh, exclusive of added value tax.
