Nail in coffin for Lao dam?
The government’s new stance against the Sanakham Dam on the Mekong River in Laos may be a nail in the coffin of this hydro-powered project proposed by Chinese investors.
Malaysia’s Petronas warns of challenging fourth quarter amid volatile oil prices
KUALA LUMPUR (Reuters) – Malaysian state-owned energy giant Petronas swung to a third-quarter loss on Friday and warned the remainder of the year would remain tough due to prolonged low oil prices and demand hampered by coronavirus restrictions.
Laos urged to reassess dam
The Lao government and the Sanakham hydropower project developer have been urged to widen the impact assessment of the project and propose additional measures to mitigate potential adverse impacts from the 684-megawatt dam.
Fight for the Mekong gathers pace
More than 20 years ago, when two Chiang Rai-based environmentalists, Niwat Roikaew and Somkiat Kuenwongsa, learned that the Chinese government were blasting rapids in the upper Mekong River from Yunnan to Myanmar and Laos to clear the way for large commercial vessels, they started worrying.
Thai Official Warns Laos on Power Purchases from Controversial Dam
The Thai concerns about the Sanakham dam come amid growing recognition of the dire state of the Mekong.
Thailand’s crude imports jump in Oct as refiners replenish light-end product stocks
Hanoi — Thailand imported 792,600 b/d of crude and condensate in October, a 50.8% jump from a year earlier, with demand for light sweet crude from the US and Nigeria picking up sharply after the restart of the country’s 215,000 b/d Rayong refinery.
PPSP in legal dispute over power supply contract
Asiatic Group (Holdings) Ltd (AGHL), a Singapore Exchange listed company, has started arbitration proceedings against the Phnom Penh Special Economic Zone Plc (PPSP) seeking a minimum of $14.4 million in relief over a disputed power supply contract.
Myanmar maps out recovery and reform
The Myanmar government is putting the finishing touches on an ambitious new economic recovery and reform plan. To be announced during the current transition period following the Nov 8 elections, it will be part of the strategic plan for the next five years.
