Myanmar appoints new police chief and re-organizes Ministry of Electricity and Energy
The State-run MRTV announced the appointment of Maj-Gen Zin Min Htet as new police chief to replace Lt-Gen Than Hlaing and re-organizing of the Ministry of Electricity and Energy. Lt-Gen Than Hlaing has been reassigned to his original military post, and Maj-Gen Zin Min Htet will also serve as Deputy Minister for Home Affairs as well […]
Prolonged Myanmar Blackouts Causing Major Problems for People, Businesses
Prolonged power blackouts and soaring fuel prices in Myanmar are hitting people in cities hard and increasing uncertainty for the country’s businesses, according to interviews with people in Yangon and elsewhere in the country.
Another Japanese giant exits Myanmar
Japanese energy company Eneos is the latest player to pull out of Myanmar’s upstream oil and gas industry, announcing on Friday that it was exiting the producing Yetagun gas project in response to “social issues”, amid criticism that the project’s revenues are flowing to the nation’s military junta.
Blackouts and Fuel Price Surges Bite in Post-Coup Myanmar
Fourteen months on from the military takeover, many ordinary people are struggling to pay for basic necessities.
Thai Firm Takes Over Myanmar Gas Field After Withdrawal of Chevron, Total
Thai energy company PTTEP has said it will take over the running of Myanmar’s vital Yadana gas field following the withdrawal of global giants Chevron and TotalEnergies in January.
Myanmar suffers power cuts amid turmoil, rising costs
Myanmar is suffering frequent power outages following last year’s military coup and as energy prices rise. The military-controlled electricity and energy ministry says transmission equipment at hydro-power plants has been destroyed by militant forces. The ministry also says some natural gas-fueled power plants have suspended operations because fuel costs have surged.
Thai PTTEP to operate Myanmar gas field after TotalEnergies exit
Thai oil and gas giant PTT Exploration and Production Pcl (PTTEP.BK) said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France’s TotalEnergies (TTEF.PA).
Frequent electricity shortages, high in fuel prices lead to reduce overtime hour in most industries
Frequent electricity shortages, high in fuel oil prices caused increased in fuel oil usage in majority of industries and it led to reduce overtime hour in most of the industries according to industrial committees on March 10.
