Budget, technical issues hinder Philippines oil stockpile
MANILA, Philippines — Budgetary and technical constraints hinder the government from importing oil to build its strategic petroleum reserve amid the collapse in global oil prices. The Department of Energy (DOE) has been pushing for the establishment of a strategic oil reserve for the country since 2018.
Indonesia caps gas prices for power plants at $6/mmBtu
JAKARTA, April 27 (Reuters) – Indonesia has passed a new regulation to cap gas prices for power plants at $6 per million British thermal units (mmBtu), an official document published on Monday showed. The new pricing policy, which came into effect on April 7, applies to state-owned utility Perusahan Listrik Negara (PLN) and independent power producers.
Vestas delivering Vietnam’s tallest turbines in Mekong Delta wind project
Danish wind turbine manufacturer Vestas is elevating its status in Vietnam’s energy market. The company has secured an order for 67 MW of wind capacity in two projects. Vestas says the turbines ordered will be the tallest in the country with hub heights of about 162 meters (close to 530 feet).
PTTEP pledges to continue gas production work in Myanmar
Thai oil and gas company PTT Exploration and Production (PTTEP) will continue to execute its 2020 Economic Plan, which includes work in Myanmar, said Mr. Piya Sukhumpanumet, general manager from PTTEP Myanmar Asset.
Don’t Waste The Pandemic Response
The COVID-19 pandemic is one of the greatest global challenges in generations. Governments and monetary authorities are correctly using every policy lever at their disposal to prevent a grave public-health emergency from becoming an even deeper economic, political, and social crisis. But as we rush to mobilise, we also must start thinking about how we […]
Singapore coastline packed with ships full of oil no one wants
[SINGAPORE] A narrow waterway off Singapore has become even more congested as oil-laden tankers wait out a slump in global fuel consumption that’s crimped demand and boosted the use of ships to store cargoes. About 60 clean fuel tankers are currently anchored along the busy strait, up from the usual 30-40 ships, according to Rahul Kapoor, […]
Households can expect electricity bill to go up as more work from home during Covid-19 outbreak
SINGAPORE (THE NEW PAPER) – Singaporeans may see higher electricity bills at the end of this month, say energy experts. Mr.James Chong, vice-president of corporate sales and new energy solutions at Senoko Energy, said it may be too early to see a definitive impact of Covid-19 on residential electricity consumption as the work-from-home arrangements became more widespread only […]
‘World’s first international hydrogen supply chain’ realised between Brunei and Japan
A consortium in Japan says it has “realised the world’s first international hydrogen supply chain”, after successfully extracting H2 from a liquid organic hydrogen carrier (LOHC) shipped from Brunei. The Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD) demonstration project aims to show that a global hydrogen supply chain can be established using LOHC — a […]
