Recent Posts

South Africa’s Eskom reviews ‘major impact’ of curbs on higher power prices

Bloomberg Eskom Holdings SOC Ltd., the South African power utility battling to maintain liquidity, said there will be a “major impact” from the regulator’s decision last month to grant only a quarter of its requested tariff increase. The National Energy Regulator of South Africa gave the cash-strapped utility permission to raise prices by 5.2 percent from April 1, far short ...

Read More »

Japan’s renewable energy goals lag world: Minister

Bloomberg Japan’s plans to develop its renewable energy industry are lagging much of the world, as the nation has “prioritised keeping the status quo for fear of change,” Foreign Minister Taro Kono said. Japan wants renewable energy to account for 22 percent to 24 percent of its overall energy mix by 2030, while the global average today is already 24 ...

Read More »

Singapore marine fuel sales reach all-time high

SINGAPORE / Reuters Singapore posted record sales volumes of marine fuels for the third straight year in 2017, even as the city state reva-mped the market last year leading to stiff competition and margin erosion. Singapore last year sold an all-time high 50.6 million tonnes of marine fuels, a 4.2 percent increase over the 48.6 million tonnes sold in 2016, ...

Read More »
Send this to a friend