Energy

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 ...

Mekong region could rely on 100% clean energy by 2050: WWF

Thailand and countries in the Mekong region should be able to rely 100 per cent on renewable energy by 2050 and escape the severe impacts of climate change, a World Wildlife Fund study revealed. The WWF held a press conference in Bangkok on 24 May to ...

Ministry of Industry and Trade, GE sign MoU on wind energy cooperation

GE, a US based global corporation on May 23 announced that it signed a Memorandum of Understanding with the Ministry of Industry and Trade on developing 1,000MW of Wind energy in Vietnam. Vietnamese President Tran Dai Quang and his US President Barack Obama witnessed the signing ...

Woodside raises offshore gas estimate

Australian firm Woodside Petroleum believes it has found more gas than previously estimated following two discoveries in Myanmar offshore earlier this year. The company has raised the estimated size of contingent resources in two of its blocks by 83 million barrels of oil equivalent to 4481mmboe, ...

Electricity ministry to up supply

In the face of ever-rising energy demands and climbing temperatures, the Ministry of Electricity and Energy has released an aspirational blueprint for its first 100 days in office. Myanmar’s ministry will strive to finish building electricity transmission yards across the country to boost electricity generation, said ...

Locals on polluted Ba riverside thirsty for clean water

Since the day the An Khe – Ka Nak hydropower plant was put into operation, it has been taking away water to generate electricity, depleting and polluting the lower course of the Ba River. Things got worse recently when the river section which runs across Krong ...

Consumers set for squeeze as power costs skyrocket

The use of many power supply sources, including high-priced sources, has caused Electricity of Viet Nam’s costs to soar, leading to the possibility of future power hikes. Dinh The Phuc, deputy head of the Minister of Trade and Industry’s Power Regulation Department, said that, because the ...

Pak Mun Dam: 25 years after World Bank’s loan, problems remains

The Pak Mun Dam was constructed on the Mun River, a tributary of the Mekong River, in Ubon Ratchathani Province, Thailand. Preliminary construction of the dam began in mid-1990. The dam was met by intense opposition not only by the local communities but also international ...

Second phase of Nam Ou hydropower project kicks off

The Nam Ou River Basin Hydropower Project located in Phongsaly and Luang Prabang provinces has launched its second phase of construction in Vientiane on April 28, after completing the Nam Ou 2, 5 and 6 hydropower plants during the first phase. Deputy Prime Minister and Minister ...

Energy and electricity merger complete

A merger between the ministries of electric power and energy, ordered by the new government in March, is now complete and the new structure will be submitted to the cabinet for approval, officials said. U Pe Zin Tun will head up the new ministry. The ...

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