Malaysia’s Petronas posts lower profit, warns of market volatility

KUALA LUMPUR: Malaysian state oil firm Petronas said on Wednesday its fourth-quarter profit slumped 71 per cent, hurt by impairment costs and lower prices of major products. Petronas said profit after tax for the October-December period fell to 4.1 billion ringgit ($968.12 million) from 14.3 billion ringgit in the same period a year earlier. Excluding impairment charges, profit totalled […]

PLN sets up generator on Sebaru Island

As instructed, we were told to set up a 60 Kva power capacity generator unit Jakarta (ANTARA) – State electricity firm PLN Disjaya has installed a generator set as a source of electricity at the observation site of 188 Indonesian citizens (WNI) on Sebaru Island, Thousand Islands,  Jakarta Province. “As instructed, we were told to set […]

Indonesia’s Pertamina seeks palm oil supply guarantees for biofuel

JAKARTA: Indonesia state energy company PT Pertamina asked parliament to cap prices for some crude palm oil (CPO), as the company develops refineries to make fuel from the vegetable oil. Pertamina needs a guarantee on the supply and price of palm oil as feed stock for at least three refineries it is investing in, chief executive officer Nicke Widyawati told a […]

Interconnection Correction: Siemens, Bentley team up to fix DER imbalances

You say you want a data revolution? Well, you’re too late. It’s here, it’s happening and it’s already changing the world. Digital transformation is becoming a cliché because it’s more the norm than the exception by now. In the power sector alone, getting enough data is a small part of the problem; getting the right […]

NY-based solar energy firm expands market in PH

UGE International Ltd. said it was tapped to build yet another solar rooftop power system for Cebu-based The Robin Group as well as for new clients in the Philippines, cementing the country’s status as the New York City-based firm’s market outside of North America. Robin signed up for an additional project, located in Cebu, with […]

Air quality in Philippines exceeds WHO safety limits — study

MANILA, Philippines — While the Philippines is not beset by high levels of deadly micro-pollution, the country still has a very polluted air, a report on air quality worldwide suggests. Last year, the Philippines’ annual mean for PM2.5—the most dangerous kind of airborne pollution—was pegged at 17.6 micrograms per cubic meter (µg/m³), according to the latest […]

Singapore joins Britain in fight against combustion engine cars

In an attempt to cut greenhouse gases and reach its emissions targets like Britain, Singapore will also phase out petrol and diesel cars by 2040. In his budget speech earlier today, finance minister Heng Swee Keat said: “Our vision is to phase out ICE (internal combustion engine) vehicles and have all vehicles run on cleaner […]