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Sumitomo Corporation is planning to move the bunker and crude oil trading accounts under its Singapore-based subsidiary Summit Energy & Resources (formerly known as Petro Summit) to Tokyo, learns Manifold Times.
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Thailand’s finance ministry has called on the Cabinet to allow a 200 billion baht ($6.6 billion) cash injection in the economy to support businesses and people who have been affected by the new round of Covid-19 infections.
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Publicly listed renewables developer PT Terregra Asia Energy has struck an agreement with state-owned construction firm PT Waskita Karya, with the latter set to build mega projects comprising seven hydro power plants worth Rp 12.5 trillion (US$897.7 million) on Sumatra Island. The projects consist of five mini hydropower plants (PLTMH) in North Sumatra and two hydropower plants (PLTA) in Aceh, according to the companies’ joint statement on Wednesday. The North Sumatra’s plants combined capacity is 42.98 megawatts (MW) and the Aceh plants’ is 467 MW. “Indonesia has huge renewable energy potential,” said Terregra president director Djani Sutedja. “Terregra Asia Energy continues to conduct research and development to contribute toward meeting Indonesia’s renewable energy needs.” Many studies predict Indonesia will miss its renewable e…
This article was published in thejakartapost.com with the title “Terregra, Waskita sign hydropower plants deal”. Click to read: https://www.thejakartapost.com/paper/2021/01/11/terregra-waskita-sign-hydropower-plants-deal.html.
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MANILA, Philippines — The Manila Electric Company (Meralco) on Tuesday said it would look into a senator’s proposal to extend its installment scheme for its consumers as Filipinos continue to reel from the economic impact of the COVID-19 pandemic.
Read more: https://newsinfo.inquirer.net/1382761/meralco-to-study-bid-to-continue-installment-offer-for-bill-payments#ixzz6ktpvNw5V
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Existing generating facilities with definitive expansion plans will be excluded from the coverage of the coal moratorium policy that was finally firmed up by the Department of Energy (DOE) in an advisory that it issued this week.
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PETALING JAYA: Gas Malaysia Bhd has announced that the average natural gas selling price for the distribution segment by its wholly owned subsidiary Gas Malaysia Energy and Services Sdn Bhd for the first quarter from Jan 1, 2021 to March 31, 2021 is RM22.14/MMBtu, which is lower by 34.21% or RM11.51/MMBtu compared to the 2020 average natural gas selling price.
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Korea Gas Corp. (KOGAS) announced on Jan. 11 that it has conducted a reorganization to set itself up for the hydrogen business. Through the reorganization, KOGAS has launched a new hydrogen business headquarters to pave the way to the establishment of an entire hydrogen value chain.
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.
