Vietnam Mining group looks to higher revenue in 2019

VNA reported that the Vietnam National Coal and Mineral Industries Group has set the goal of earning a total revenue of VND 128 trillion in 2019, nearly VND 69 trillion of which will be from coal production. During a conference held in the northern province of Quang Ninh on December 26, the group said it […]

Going Green: Better returns from solar investments expected

Solar energy investments will be more affordable for Malaysians following the changes to the Net Energy Metering (NEM) programme, which was announced by the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) in October. From next month, residential consumers who generate solar energy for their own use under the NEM programme can sell […]

Viewpoint: Indonesian coal sellers plan amid volatility

Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China’s import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year. A period of high prices that began in 2016 and lasted throughout much of 2018 on strong demand […]

PH exploring possible energy cooperation with Alberta, Canada

The Philippines is exploring possible energy cooperation with the Province of Alberta, Canada’s energy capital, in anticipation of Malampaya’s gas reserves depletion by 2024. “There are great potentials for energy cooperation between the Philippines and the Province of Alberta, Canada,” Deputy Philippine Consul General in Calgary Zaldy Patron said in a statement. Patron was recently […]

Singaporean company eyeing 6MW of solar home installations in PH

At its initial rollout this coming 2019, Singapore-based Trina Solar is targeting to chalk up 10-percent or a range of 5.0 to 6.0 megawatts of the emerging market of solar installations for residential end-users in the Philippines. Trina Solar Philippines country manager Junrhey Castro indicated that the Philippines has a huge potential for solar homes […]

Malaysia’s Petronas acquires 10% stake in Oman gas field

Singapore — Malaysia’s state-run oil and gas company Petronas has completed the acquisition of a 10% stake in a gas field in onshore Oman from Oman Oil Co Exploration & Production or OOCEP. The acquisition was made by Petronas’ subsidiary PC Oman Ventures Ltd or PCOVL in Block 61 from Makarim Gas Development, a subsidiary […]