Energy
Energy for transport
Chevron mulls gas field stake sale amid concessions rejig
Chevron Corp is weighing a sale of a roughly US$500-million stake in its Thailand gas field even as the government moves to negotiate a better return from petroleum concessions held the US company and PTT Exploration & Production Plc. Chevron is seeking to divest some Asian ...
Royal Group in talks with China, Indonesia on proposed oil pipeline
Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed. Meng Saktheara, secretary of state at the Ministry of Mines and ...
In Arakan State, resource control fuels conflict
In a new report, Arakan Oil Watch has urged Myanmar’s incoming government to amend the Constitution in an effort to quell tensions between the military and the country’s ethnic armed groups. “Breaking the Curse,” released on 22 March by the environmental non-government organization, describes the “decentralization of ...
Thailand pushes for next-generation automotive
Thailand has stressed its desire to be the manufacturing hub for eco and hybrid vehicles. During his meeting with top executives of Japanese auto makers on 7 March, Prime Minister Gen Prayut Chan-o-cha said that these cars would pave way for the manufacturing of high-technology electric ...
Ho Chi Minh City rolls out first buses that run on green fuel
Ho Chi Minh City on 1 March took the first step to make its public transport system more environmentally friendly by introducing 23 brand new buses that use compressed natural gas (CNG). Nguyen Van Trieu, chairman of the May 19 Bus Transport Cooperative, said the new buses ...
Petrol-smuggling fight requires co-operation
Vietnam’s Deputy Prime Minister Nguyen Xuan Phuc called on ministries and agencies to co-operate better with the coast guard and border guard in fighting petrol smuggling. Phuc, who is also head of the National Steering Committee on the Prevention and Control of Smuggling, Trade Fraud and ...
Vietnam gas prices hit new low in third cut this year
Fuel retailers in Vietnam cut prices by around 5 percent on 3 February, creating a new record low in five years, local media reported. Petrolimex, Vietnam’s leading fuel importer and distributor, has lowered the price of 92-RON, the most popular grade of gasoline in the country, ...
Energy Ministry promises clampdown on oil prices
Myanmar energy officials have pledged to push down the price of petrol at the pump still further, as it emerged that some filling station owners are profiting from globally plummeting oil prices by keeping their prices up – or even raising them. At a press conference ...
Yangon buses in a feud for gas
A row has flared between Yangon bus owners and the regional transport authority over access to compressed natural gas. Ma Hta Tha, the Yangon Region Supervisory Committee for Motor Vehicles, says it is inviting buses to sign up to receive more CNG, but some owners ...
Chinese cash in on Thai solar power
Chinese solar companies are looking for opportunities in Thailand as an alternative growth destination to China, where the renewable power market has reached saturation point, according to BMI Research. Thailand is emerging as an attractive destination for renewable energy investment as the government looks to reduce the country’s reliance ...