Energy

Energy for transport

Profits soar at top petrochem companies

Thailand’s two major petrochemical companies have reported a surge in combined net profit for last year of 54.2 per cent from the prior year to Bt41.79 billion. Indorama Ventures posted net profit of Bt16.19 billion, a jump of 145 per cent year on year, while ...

ASEAN energy cooperation: the only way to prevent ‘lights out’ in the region

The countries comprising Southeast Asia have witnessed steady economic growth and improving living standards since the Asian Financial Crisis. Having weathered the global fiscal and financial crisis better than most other parts of the world, Southeast Asia has become the third-fastest growing region in the ...

Deconstructing China’s energy security strategy

Given continued American global naval supremacy, which is unlikely to be challenged successfully in the foreseeable future, Beijing’s highest strategic priority is to ensure energy security by connecting friendly major oil and gas producers to China via pipelines transiting through land routes beyond the effective ...

Import ban on petrol aims at plugging leaks

Cambodia will prohibit land-based imports of refined petroleum products from January 1 to eliminate smuggling along the country’s borders and improve the efficiency of customs revenue collection, officials said on December 29. According to the General Department of Customs and Excise, which announced the ban ...

Japanese MFI starts social loans expansion

Japanese microfinance lender MJI Enterprise has started offering three new types of loan and is expanding into two new areas, its chief executive told The Myanmar Times. Yuko Kato said the firm is now offering education, health-care and solar power loans, in addition to its ...

Indonesia suspends cartel membership to avoid cuts

Indonesia has suspended its membership of the Organization of Petroleum Exporting Countries, less than a year after rejoining the cartel, as the net oil importer said it could not agree to the group’s production cuts. The decision came as the cartel agreed its first oil ...

Laos, Vietnam give full support to fuel supply pipeline

Motorists in Laos could enjoy lower prices at the pump now that the Lao and Vietnamese governments have expressed their full support for the construction of a pipeline that would deliver fuel from Vietnam to Laos. The survey, design and feasibility study of the proposed ...

Environmentalists, solar sector see hope in treaty

A new treaty signed by Cambodia’s delegation to the COP22 climate conference in Marrakesh aims to bolster the country’s nascent solar energy industry, though some say substantial outside assistance is needed for solar to take off. On the sidelines of the conference on Tuesday, Environment ...

PEA unit enters solar power system distribution deal

PEA ENCOM International Co on September 21 announced its collaboration with Fah Chai Engineering, a provider of solar power systems, to offer such systems via its PEA Shops nationwide, focusing on customers of its parent, the Provincial Electricity Authority. PEA Encom, a state enterprise, has been authorised ...

Egat insists on going ahead with Thepa plant

Construction of the Thepa coal-fired power plant is set to begin in the second quarter of next year, the Electricity Generating Authority of Thailand said, even though many locals have refused to sell their land despite facing threats. Egat has so far insisted that it will ...

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