Indonesia reviewing rules mandating coal sales to local buyers: official
JAKARTA (Reuters) – Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as suppliers struggle to meet the regulation. FILE PHOTO: A tug boat pulls a coal barge along the Mahakam River in Samarinda, Indonesia, March 2, 2016. REUTERS/Beawiharta/File Photo […]
Resilience of Energy Storage Devices Market to be sustained by Technological Advancements During 2014-2020
Rise in the energy demand and depleting fossil fuels is pushing the market towards non-conventional sources of energy. Energy demand is expected to increase by 70% between 2012 and 2035. The existing conventional sources of energy are depleting at a much faster rate than expected and their depletion is equally proving detrimental to the climate. […]
Energy body to refund electric meter deposits
The Office of the Energy Regulatory Commission of Thailand (ERC) announced this weekend that it is planning to refund electric meter deposit to users who have paid their electric bill on time for 1 year. Narupat Amornkosit, secretary-general of the ERC announced on Sunday (Dec. 1) that ERC has discussed with Metropolitan Electricity Authority […]
Malaysia developing smart farming project with South Korea
The Malaysia Automotive, Robotics and IoT Institute (MARii) announced that it is collaborating with a consortium consisting of Malaysian and South Korean companies to bring an integrated large-scale livestock farming and renewable energy (RE) generation project to Sabah that could generate an investment of up to RM8.34 billion over the next five years. The proposal […]
UPDATE 2-Gazprom’s LNG trading team in Singapore resigns – sources
SINGAPORE, Dec 3 (Reuters) – The liquefied natural gas (LNG) physical trading team at the Singapore unit of Russia’s Gazprom , including the global head of LNG trading, have resigned from the company, several industry sources said. The three LNG traders at Gazprom Marketing and Trading Singapore, which is a subsidiary of gas producer Gazprom […]
Asia Oil Refiners Resist Run Cuts Despite Record-Low Margins
Asian refiners struggling with record-low margins are resisting cutting operating rates on expectations that new rules mandating the use of cleaner-burning ship fuels will boost diesel demand. Nine of ten major Chinese, Indian and South Korean processors surveyed by Bloomberg said they’re running at normal run rates and not planning to reduce them, asking not […]
Flores, First Island to Meet Indonesia’s Renewable Energy Target
Labuan Bajo. Flores, a volcanic island in East Nusa Tenggara, has set to become the first region in Indonesia to meet the government’s 2025 renewable energy goal on the back of the wealth of geothermal resources on the island. Today, about 19 percent of the island’s energy supply comes from renewable resources like hydro, geothermal and solar […]
Thailand Boldly Plans to Start Banning Most Harmful Plastics As Soon As January 2020
Thailand is set to begin phasing out all plastics that degrade into fragments by the end of this year. Not only that, the nation is also banning plastic bags, styrofoam, cups, and straws by 2022 In an effort to do their part to combat global plastic pollution, Thailand has put forward a bold plan for […]
