Siemens to supply equipment for large-scale gas field development offshore Malaysia
BERLIN – Siemens Gas and Power was awarded a contract to supply three SGT-300 industrial gas turbine generators (GTG), three mechanical-drive SGT-300 gas turbines and three DATUM centrifugal compressors for the PETRONAS Kasawari Gas Field Development Project in the South China Sea, offshore Sarawak in Malaysia. The customer, Malaysia Marine and Heavy Engineering (MMHE) has […]
Kyushu Electric companies acquiring Thermochem, Inc and Indonesian subsidiary
In a release today, geothermal service provider Thermochem, Inc. announced that Kyuden International Corporation (KIC) and West Japan Engineering Consultants, Inc., (West JEC) both companies of the Kyushu Electric Power Company (Kyuden) Group, have executed a share purchase agreement for the 100% acquisition of Thermochem, Inc., and PT. Thermochem Indonesia (Thermochem).
Indonesia’s APBI urges coal royalty payment flexibility
The Indonesian coal mining association (APBI) is lobbying the government to ease royalty payment requirements for coal mining companies amid a weakening demand outlook because of the global Covid-19 pandemic. The group, which represents the country’s coal producers, is requesting that the energy ministry revises its ministerial decree on guidelines for the implementation of the imposition, […]
Singapore’s first LNG bunkering vessel launched
FueLNG, a joint venture between Keppel Offshore & Marine (Keppel O&M) and Shell Eastern Petroleum (Pte) has announced the launch of Singapore’s first LNG bunkering vessel in Keppel Nantong Shipyard in China. According to FueLNG, construction of the 7,500m3 LNG bunkering vessel is progressing smoothly and is on schedule to be complete in the fourth quarter […]
All Singapore pump prices down after SPC’s two-week standoff
[SINGAPORE] All pump operators have adjusted their prices downwards since Esso and Shell reduced rates by around three Singapore cents last Friday. Caltex and Sinopec responded to that reduction last Saturday. Their 92 and 95-octane petrols are now S$1.95 and S$1.99 per litre before discount respectively, according to Fuel Kaki, a pump price tracker managed by […]
S’pore Startup Beam Raises US$26M Funding To Build The Largest E-Scooter Fleet In APAC
Singapore micromobility startup Beam has raised US$26 million (about S$36.6 million) in its latest Series A funding round. The fundraise was led by Sequoia India — which was also Beam’s lead investor at seed stage in 2018 — and Hana Ventures.
Laos’ debt woes worsen as bills for China-funded dams loom
BANGKOK — COVID-19 has rattled Laos’ debut in selling a U.S. dollar bond in international markets, adding pressure on a country whose “Wild West of dam building” splurge has put it in a precarious repayment situation, especially in regard to China, its leading lender.
Striving for a greener future
While Germany transitions to a low-carbon, nuclear-free future, it is working to encourage other countries, including Thailand, to jump on the environmental bandwagon. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is training energy officers nationwide under a partial coronavirus lockdown to fight climate change. It is working in 120 countries to promote international cooperation in […]
