AboitizPower cites complexities in Philippines energy transition
MANILA, Philippines — Aboitiz Power Corp. said managing the Philippines’ energy transition to greener technologies is faced with complexities, citing the need of balancing it with the aspiration for reliable and affordable electricity.
Angkor Resources launches assessment with communities and Ministry on Block VIII Oil License, Cambodia
Angkor Resources Corp. announced the completion of a community assessment mission for ESG (Environment, Social, Governance) and CSR (Corporate Social Responsibility) on Block VIII oil and gas license.
PM reaffirms household electricity subsidy
Prime Minister Hun Manet reaffirmed that the government will continue subsidizing electricity for households as global energy prices remain high. “The Cambodian government will not increase the electricity price, despite the government having to pay millions of dollars a month to ease the burden of citizens nationwide, including the workers,” the Prime Minister said at […]
DOE eyes 9 ports for wind energy dev’t
MANILA -The Department of Energy (DOE) is looking to redevelop nine ports scattered across the country to serve as integration ports that will house materials needed for offshore wind development as the government anticipates higher investor interest in the renewable energy.
BMI sees Malaysia energy transitions initiatives slow refined fuel demand growth
KUALA LUMPUR, Oct. 4 (Xinhua) — BMI, a Fitch Solutions research unit, has seen Malaysia Energy Transitions Initiatives slow refined fuel demand growth.
Singapore Sets Out Eligibility Criteria For International Carbon Credits Under The Carbon Tax Regime
Singapore, 4 October 2023 – The Ministry of Sustainability and the Environment (MSE) and the National Environment Agency (NEA) have set out the Eligibility Criteria under the International Carbon Credit (ICC) Framework.
Rapid delivery of renewable energy to curb high power rates
MANILA – A more rapid deployment of renewable energy is among the game-changing reforms the energy sector needs to alleviate the burden of high power rates on consumers, Senator Risa Hontiveros said on Tuesday.
KB Bukopin to Issue $20m Green Credit to EV Firm INVI
Jakarta. Bank KB Bukopin announced it would issue green credits worth $20 million to Indika Energy’s subsidiary Energi Makmur Buana (INVI).