Measures to enhance Singapore’s energy security extended to Jun 30 amid global volatility
SINGAPORE: Measures put into place to enhance Singapore’s energy security will be extended to the end of June, the Energy Market Authority (EMA) announced on Thursday (Mar 30).
Consumer group blasts fuel tariff hike
The Thailand Consumer Council (TCC) has opposed a planned hike in fuel tariffs (FT) in May, labelling it “excessive power security”.
Thailand to raise oil reserve
Thai oil companies have been ordered to extend the stockpiling of reserves from 60 to 70 days to ensure enough supply for domestic use amidst the global crisis due to the Russia-Ukraine tension, according to Thailand’s Ministry of Energy.
Electricity retailers offer longer-term fixed price contracts for businesses amid increased market volatility
Longer-term fixed price electricity contracts are now available for business consumers amid increased price volatility, the Energy Market Authority (EMA) said on Thursday (Mar 10).
Thais urged to use public transport to cut down on expenses as fuel price not dropping
Deputy Finance Minister Santi Promphat said the rising cost of fuel is still a short-term problem, and it is too early for the ministry to consider cutting the excise tax for benzyl fuel.
Thailand has ‘enough fuel reserves’
The national oil and gas conglomerate PTT Plc is confident that Thailand has enough fuel to weather the Ukraine-Russia crisis.
Vietnam becomes an energy importer: Not a good sign
Prior to 2015, exports of crude oil and coal contributed largely to Vietnam’s state budget. However, since 2015, with great fluctuations in energy import and export activities, Vietnam has become an energy importer. The rise of coal is clear evidence for Vietnam’s transition from an energy exporter to an energy importer.
DoE backs power industry system audit after typhoon damage
THE Department of Energy (DoE) said on Monday that it is seeking a system audit of the power sector after Typhoon Odette (international name: Rai) did extensive damage to the industry.
