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).
Eni announces significant gas discovery in Indonesia’s Kutei Basin
Italian oil and gas company Eni has announced a significant gas discovery at its Geng North-1 exploration well in Indonesia. The well sits approximately 85km off the coast of Indonesia’s East Kalimantan province. Preliminary estimates suggest a total discovered volume of five trillion cubic feet (tcf) of gas. Analysis of the gathered data will allow the […]
Singapore Exchange launches its first ammonia futures contracts
SINGAPORE: The Singapore Exchange launched on Monday its first ammonia swap and futures contracts aimed at meeting hedging needs from the power sector as interest in the energy- transition fuel grows.
EVN begins $45M line construction to import electricity from Laos
National utility Vietnam Electricity (EVN) will spend VND1.1 trillion ($45.26 million) to connect a power plant in Laos with Vietnam’s grid to import electricity.
Buoyant EV market raising skill gap concerns
The EV market in Thailand is growing rapidly thanks largely to the government’s promotional packages to incentivise both car manufacturing and consumers, high fuel costs and increasing awareness about emissions from road-based transportation.
Singapore’s Leading Upstream Energy Manufacturer OMS and A*STAR Sign MoU to Spearhead R&D For the Regional Oil and Gas Sector
SINGAPORE, Oct. 2, 2023 /PRNewswire/ — OMS, one of Singapore’s leading manufacturers in upstream energy production, has announced the signing of a Memorandum of Understanding (MoU) with A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech). Both parties will explore collaboration opportunities in additive manufacturing, such as research and development activities in high value metal components and application development through integrated end-to-end additive manufacturing solutions […]
Philippines strives to regain position as 2nd largest geothermal power producer
During the 4th Philippine International Geothermal Conference held in Manila, Philippines, the Department of Energy (DOE) Undersecretary Rowena Cristin Guevara stated that the agency hopes for the country to regain its spot and the country with the 2nd largest installed geothermal power generation capacity.
