–
Gasoline prices on Thursday afternoon rose for the third time this month and reached a four-week high.
The popular fuel RON95 went up 2.45% to VND23,010 ($0.90) per liter.
Biofuel E5 RON92 rose 2.37% to VND23,010.
Diesel increased by 1.57% to VND20,680.
–
With the onset of the rainy season, the National Grid Corp. of the Philippines (NGCP) sees no need to raise yellow and red alerts in the country’s power grids for the remaining months of the year. “For 2024, we are not seeing additional alert notices so far. That doesn’t consider forced outages,” NGCP spokesperson Cynthia Alabanza told reporters in a briefing yesterday.
–
Government officials have signed an agreement with a joint venture company to build a US$184 million dam in northern Laos that will send most of its generated electricity to neighboring Vietnam, a Ministry of Energy and Mines official told Radio Free Asia.
–
DHL Express has signed an agreement with the Bank of the Philippine Islands (BPI) for the bank to reduce its annual greenhouse gas (GHG) emissions from shipping documents by 90% through DHL Express’ GoGreen Plus service.
–
Singapore’s shipping player Eastern Pacific Shipping (EPS) and compatriot green technology company Yinson GreenTech (YGT) have completed the first cargo and crew deliveries made with a fully electric vessel in Singapore.
–
Petroleum Nasional Bhd (Petronas) has signed a small field asset (SFA) production sharing contract (PSC) with Vestigo Petroleum Sdn Bhd for a discovered resource opportunity cluster marketed under the Malaysia Bid Round Plus (MBR+).
–
Clean energy solutions provider Gentari Sdn Bhd (Gentari), through its subsidiary Gentari Green Mobility Sdn Bhd, has signed a Memorandum of Understanding (MoU) with insurance and takaful operator Zurich Malaysia.
–
Thailand’s Board of Investment (BOI) has recently announced new incentives aimed at refurbishing used electric vehicle (EV) batteries. According to the BOI, this initiative is part of the country’s strategy to expand EV manufacturing under its targeted S-curve industries.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
