Fuel price hike seen this week
MANILA, Philippines — Local pump prices are expected to significantly increase as global crude prices surged last week. Unioil Petroleum Philippines said motorists should expect hefty fuel price hikes on Tuesday. “Diesel should go up by P0.65 to P0.75 and Gasoline should go up by P1.00 to P1.10,” Unioil said in its weekly forecast. During last […]
Senators approve 2019-2023 development plan, power projects
Senators yesterday unanimously agreed to pass the National Strategic Development Plan of 2019-2023 worth $57.7 billion in capital. In order for the budget plan to be finalised, it will need to be reviewed by the Constitutional Council and approved by the King. The vote was held during yesterday’s plenary session when senators also unanimously approved […]
Cheaper power bills on the way, thanks to state subsidies
Electricity customers across the country are likely to receive cheaper bills from September to December this year, as the automatic FT (Float Time) charge will be subsidised over those four months, Office of Energy Regulatory Commission (OERC) chief Narupat Amornkosit said on Thursday. Secretary-general Narupat said that around Bt3 billion of the subsidy would come […]
Yeo Bee Yin: Malaysia has no immediate plan to impose carbon pricing
KUALA LUMPUR (July 10): Malaysia has no immediate plan to impose carbon pricing on industry players, because there are other prior actions that can be taken to reduce carbon emission, such as improving energy efficiency on existing processes before such regulation is introduced, Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said […]
Can venture philanthropy turn on Southeast Asia to clean energy?
Born into one of the world’s richest families, the Rockefellers, whose vast wealth was amassed from the American oil boom in the late 1880s, Eileen Rockefeller Growald is a venture philanthropist focused on using her family’s money to help the world switch to clean energy. The 67 year-old founded the Growald Family Fund with her husband, […]
PTT prepares to test Thailand’s market for electric motorcycles
Thailand’s state energy firm PTT is set to launch its first 10 electric motorcycles as it tests the local market this year. The company said it has received 3,000 orders for the electric motorcycles. It will adjust the cost of its electric motorcycles to about 70,000 baht ($2,280) per unit to gain a commercial sales […]
ASEAN, EU to enhance cooperation on Environment and Climate Change
BANGKOK, 9 July 2019 – At the launch of a High-Level Dialogue on Environment and Climate Change in Bangkok yesterday, Senior Officials from ASEAN and the European Union (EU) reaffirmed the commitment to strengthen cooperation between ASEAN and the EU on shared regional and global challenges related to protection of the environment and climate change. […]
‘Tesla of Thailand’ powers vision of electric paradise
Thailand could be on the verge of an electric vehicle (EV) revolution. After decades of promising ubiquitous plug-in stations and quiet roads full of whirring, non-petrol-powered cars, the futuristic fantasy could soon be a reality. Dubbed the “Tesla of Thailand”, SET-listed Energy Absolute (EA) will kick off the first phase of its 100-billion-baht lithium-ion battery […]
