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Indonesia’s coal burning reaches record high amid rise of industrial smelting

Indonesia burned more coal in 2022 than any other year, a preliminary analysis shows, putting the country on track to become one of the largest carbon emitters from fossil fuel in the world.

Singapore launches consultation on coal phase-out criteria

Singapore’s central bank has launched a public consultation on the detailed threshold and criteria for incorporating the financing of phasing out coal-fired power plants into its green finance taxonomy.

Thailand’s LNG imports surge as economy bounces back

Noppadol Pinsupa, PTT’s director for corporate governance and sustainability, said on Saturday that PTT’s LNG imports will be 2 million tonnes higher than the amount imported last year. He reckons it will take at least 100 ships to deliver the 6 million tonnes. PTT has already ordered 4 million tonnes of LNG at less than US$20 per million […]

Oil and gas remain important in ASEAN

Southeast Asia is among the fastest growing regions today, with economic development and energy security, including access to basic energy needs, remaining the region’s priority, said Acting Permanent Secretary of the Department of Energy at the Prime Minister’s Office Pengiran Haji Jamra Weira bin Pengiran Haji Petra.

PetroChina Launches Drilling Campaign in Indonesia’s Jambi

Jakarta. Chinese oil company PetroChina has launched the drilling campaign involving 14 oil and gas wells at Jabung block in the Indonesian province of Jambi after winning a 20-year extension of the exploration contract, a spokesman said on Wednesday.

Shell, PTTEP dial up Sarawak drilling with Noble rig

Noble Corp. said today that Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options for the Noble Viking drillship. One of those wells has been transferred to PTTEP for the Rotan NFE appraisal well, offshore Sabah. The drillship should begin this well in December 2023, with work taking 21 […]

Petronas expects domestic oil, gas output to cross 1.8 mil boe/d this year, says MPM

Petronas’ upstream business Malaysia Petroleum Management expects the company’s domestic oil and gas production to cross 1.8 million b/d of oil equivalent in 2023 and raise its overseas portfolio to 700,000 boe/d by 2030, its senior vice president Mohamed Firouz Asnan told S&P Global Commodity Insights in an interview at the Energy Asia 2023 conference […]

Coal supply for thermal power plants to increase by 10-15%

Hanoi (VNS/VNA) – The Vietnam Coal and Mineral Industries Group (Vinacomin) and Dong Bac Corporation strive to supply about 48.35 million tonnes of coal for thermal power plants, an increase of about 10-15% compared to 2022.

Exclusive: Thailand’s PTT in advanced talks with Qatar for LNG deal

SINGAPORE/LONDON, July 7 (Reuters) – Thailand’s largest energy company, state-controlled PTT (PTT.BK), is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.

Vitol Says Achieved Milestone LNG Orders from Finland, Philippines

Vitol Group said Monday it had delivered the first liquefied natural gas (LNG) cargo to Finland’s first LNG terminal and that another LNG shipment has embarked for the Philippines in what is also a first for the Southeast Asian country.