MOSCOW, Jan 13 - Russian coal miner Belon Group said on Tuesday it will operate at full capacity in the first quarter thanks to agreements with domestic steel makers as well as an unnamed producer in southeast Asia.
“Agreements that we have reached allow the company to continue stable work in 2009, despite the unfavourable influence [...]
JAKARTA, Jan. 12 (Xinhua) — Indonesian President Susilo Bambang Yudhoyono announced subsidized-oil prices cuts on Monday to boost purchasing power.
The move was Indonesia’s latest effort to cushion the deepening fallout of the global recession, following the fall of global oil price up to over 40 U.S. dollars per barrel after reaching [...]
by Adrian Addison
MORONG, Philippines (AFP) – The Bataan nuclear power plant stands as a monument to the greed and corruption of the years the Philippines spent under strongman president Ferdinand Marcos.
It was originally meant to cost around 500 million dollars, but the final price tag of 2.3 billion dollars was only paid off in [...]
By Tonette Orejas
Philippine Daily Inquirer
CITY OF SAN FERNANDO—The environmental group Greenpeace has opposed a proposal in the Senate to re-commission the mothballed Bataan Nuclear Power Plant (BNPP) in Morong, Bataan, urging the senators to push instead for the use of renewable sources to ensure energy security.
Lea Guerrero, Greenpeace media campaigner in Southeast Asia, Sunday said [...]
MANILA, Oct. 31 (Xinhua) — Renewable energy sources will account for 67 percent of the electricity produced in the developing Asia by 2050, according to a report released on Friday.
Renewable energy will supplant the need for nuclear energy and reducing requirements for fossil fuel-fired power plants, said the report jointly released [...]
Dorian Merina, The Jakarta Post, Jakarta
On Tuesday, President Susilo Bambang Yudhoyono indicated he would consider a request from the House of Representatives to cut fuel prices as global oil prices continue to fall.
But while politicians discuss how and when to subsidize prices for jittery consumers, some in the energy sector are seeing an opportunity for [...]
Malaysia wants renewable energy industry sectors,
especially solar power players, to take a closer look
at the country’s fair-weather investment prospects.
by MARK AREND
By capitalizing on its political stability, well-educated labor supply and favorable business climate, Malaysia has successfully carved a niche for itself in Southeast Asia as a center of low-cost, advanced manufacturing. Now what? It’s [...]
