Future lies with renewable energy

June 15, 2019

Dateline 2019-05-05, NST:

The government is committed to providing energy efficiency and renewable energy in electricity supply for the people.

Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said despite the ministry having introduced and implemented 73 initiatives throughout the 10 months in administration, she said the most important programme was the renewable and efficient energy initiative.

She said the ministry was expecting 20 per cent of the country’s energy to be generated from renewable sources by 2025, adding that the initiative was to increase the renewable energy mix in electricity supply, thus reducing consumption of fossil fuels, as well as reducing greenhouse gas emissions.

“This is our new target. We have been producing greenhouse gasses and this is not good.

“Hence, we have created several new targets and policies to have better energy efficiency and to make use of renewable energy as a replacement for fossil fuels.

…

Leave a Comment » | Renewable Energy | Tagged: | Permalink
Posted by Wata

A Fleet of Tankers Is Hoarding Oil for a Gathering Storm

June 14, 2019

Dateline 2019-04-30, Bloomberg:

The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that Goldman Sachs Group Inc. predicts will upend energy markets.

The Strait of Malacca off Singapore and Malaysia is not only a waterway linking supply from the Middle East, Africa and the U.S. to Asia, but has also been used in the past decade to store millions of barrels of oil for future sales. Now, with new ship-emission regulations taking effect in 2020, traders are using the channel to hoard fuels for which demand will boom.

…

Leave a Comment » | oil and gas | Permalink
Posted by Wata

IEM Shout Out – 2019-07 Technical Visit to Technical Visit to LNG Regasification Terminal Pengerang (RGTP)

June 13, 2019

My technical division will be hosting a visit on the 22nd July, 2019.

The Regasification Terminal Pengerang (RGTP) is under the purview of Petronas Gas Berhad (PGB), a public-listed company on Bursa Malaysia. PGB operates and maintains the offshore Regasification Terminal in Sungai Udang, Melaka (RGTSU) and the onshore Regasification Terminal in Pengerang, Johor (RGTP).

RGTP provides primary gas supply to RAPID, Pengerang Co-Generation Plant (PCP) and the Peninsular Gas Utilization (PGU) pipeline grid to augment the availability of gas in the country. RGTP offers Liquefied Natural Gas (LNG) unloading and reloading, storage, handling and regasification.

The plant has a capacity of 3.5 mtpa (million-tonnes per annum) and began its commercial operation in 2017. The plant receives LNG vessels carrying LNG imported from around the world, store it in storage tanks and convert the LNG into gas, before injecting it into the PGU pipeline grid for distribution to customers.

.

Register here, or download the form here.

Leave a Comment » | engineering, oil and gas | Tagged: , , , | Permalink
Posted by Wata

Shout Out – IEM Engineer’s Run 2019-08

June 13, 2019

Come, don’t sweat for me, sweat with me.

IEM Engineers Run 2019 is just around the corner, in conjunction with The Institution of Engineers, Malaysia 60th Anniversary Celebration! Do register yourself here (https://jomrun.com/event/iem-engineers-run-2019) and be part of the celebration! Don’t miss the chance, register now and enjoy early bird offer. All participants will be entitled to get a sublimation T-shirt, medal, and race goodie bag. IEM members enjoy RM5 rebate upon race kit collection.

Leave a Comment » | engineering, oil and gas | Tagged: , | Permalink
Posted by Wata

Western Intelligence Sources: Malaysia Is Helping Iran Evade Sanctions

June 13, 2019

Dateline 2019-04-25, Haaretz:

Iran and Malaysia have woven an alliance which enables Tehran to evade economic sanctions, Western intelligence sources say. The oil tankers seen sailing in atypical numbers between the two countries is a clear example.

…

Leave a Comment » | oil and gas | Permalink
Posted by Wata

Diving 2019-03 Morotai 6 of 8

June 12, 2019

OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA

Leave a Comment » | diving | Tagged: | Permalink
Posted by Wata

Asian countries cooperate to assess potential of shale oil and gas resources

June 11, 2019

Dateline 2019-04-23, Vietnam+:

An international workshop on the assessment of shale energy in Asia, under the second phase of the unconventional oil and gas resources project, took place in Hanoi on April 23.

The event was jointly held by the Coordinating Committee for Geoscience Programmes in East & Southeast Asia (CCOP), the Korea Institute of Geoscience and Mineral Resources (KIGAM), and the Vietnam Petroleum Institute (VPI).

Dr. Byeong-Kook Son, head of KIGAM’s oil and gas research group, introduced the results of the assessment in 13 sedimentary basins and 21 shale formations in Asia.

…

Leave a Comment » | oil and gas | Tagged: | Permalink
Posted by Wata

Malaysia could be removing its price cap for RON95 petrol soon

June 10, 2019

Dateline 2019-04-23, Business Insider:

A price cap on RON95 petrol in Malaysia could soon be removed, the Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail has reportedly said.

The decision on the price cap will be made when a new petrol subsidy comes into effect, The Star reported on Tuesday (April 23),

This new subsidy is expected to be limited to recipients of the Bantuan Sara Hidup (BSH) 2019, which is a cash aid given to around 4.1 million households in the Bottom 40 (B40) household income group.

 

Leave a Comment » | oil and gas | Tagged: | Permalink
Posted by Wata

Exco: RM180m Perak gas pipeline ready by end of year

June 9, 2019

Dateline 2019-04-22, Malay Mail:

The 140km gas pipeline project from Ayer Tawar to Lembah Kinta in Perak will be completed by the end of this year, the state assembly heard today.

State Investment and Corridor Development Committee chairman Datuk Seri Mohammad Nizar Jamaluddin said development and installation of the gas pipeline project were beyond the two-thirds mark.

“The project has seven packages, which involves three districts namely Manjung, Perak Tengah and Kinta.

“And as of February 28, about 67.7 per cent has been completed,” he said.

The Sungai Rapat assemblyman said that the RM180 million gas pipeline project would benefit 44 manufacturing companies.

…

Leave a Comment » | oil and gas | Tagged: | Permalink
Posted by Wata

Malaysia’s economy to pick in 2H on higher oil prices

June 8, 2019

Haha ha haha.

Dateline 2019-04-15, New Straits Times:

Malaysia’s economic growth is expected to bounce back in the second half of the year after most likely hitting its lowest level in nearly three years during thr first quarter, economists said.

They said the economy may have posted the slowest quarterly expansion since the second quarter of 2016 but with the recovery in oil price, a significant pick up is expected from July till December this year.

The oil price had gained around 30 per cent in the first quarter of this year, with Brent posting its best quarterly performance in a decade since the second quarter of 2009.

Economists too have upgraded their forecast to a median of US$68.25 a barrel from US$67 in just about less than a month, according to Bloomberg’s survey.

…

Leave a Comment » | oil and gas | Permalink
Posted by Wata

« Previous Entries
Next Entries »