EA reaffirms plan for 1,000 EV stations
SET-listed Energy Absolute (EA) remains committed to completing installation of 1,000 charging stations for electric vehicles (EVs) by 2020 despite postponing the time frame repeatedly.
Energy Ministry catches fire, cheaper B10 and E20 starts Thursday
The Energy Ministry has decided to postpone the effective date for cutting retail prices for biodiesel B10 and gasohol E20 by one baht per litre from Wednesday to Thursday because the ministry’s buildings caught fire on Wednesday, rendering officials unable to conduct a meeting. The State Oil Fund Administrative Committee previously planned to approve this […]
PM urges Vietnam Electricity to ensure adequate power for socio-economic development
NDO – Vietnam Electricity (EVN) should ensure there’s enough power for socio-economic development and avoid power shortages no matter any circumstances. Prime Minister Nguyen Xuan Phuc made the request while attending a conference in Hanoi on December 25 to review the EVN’s performance in 2019 and set tasks for 2020. According to a report presented […]
Vietnam PM holds phone talk with Russian counterpart, focusing on oil cooperation
The Hanoitimes – PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA).
REE to raise stake in hydropower firm by nearly 30%
HÀ NỘI – The Refrigeration Electrical Engineering Corporation (REE) has asked to increase its stake at Vĩnh Sơn Sông Hinh Hydropower JSC to more than 50 per cent. REE has offered to buy 60 million shares of the hydropower firm, raising its ownership to 103.28 million shares. Transactions begin tomorrow via the stock market and […]
Philippines considering nuclear energy
Nuclear energy might be coming to the Philippines soon after an International Atomic Energy Agency (IAEA) team of experts concluded an eight-day mission in December to review the country’s infrastructure development for nuclear power. The Integrated Nuclear Infrastructure Review (INIR) was conducted at the Bataan Nuclear Power Plant after an invitation by the Philippines government. […]
DOE to oil firms: Use up old inventory first before slapping new tax
MANILA, Philippines – The Department of Energy (DOE) reminded oil companies to use up their old inventory first before slapping new taxes in 2020 to avoid facing criminal charges like large-scale estafa. Oil prices will rise again starting January 1, 2020, as the final tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) law […]
Energy dep’t to require more firm contracts for reserve power
THE Department of Energy (DoE) has issued a circular that will require half of the supply contracted as reserve power to be on a “firm” basis in which the grid operator has a binding agreement to source its requirement from a power generation plant. “Signed na ang AS (ancillary services) policy. Ipa-publish na lang namin […]
