HANOI: The Just Energy Transition Partnership is offering significant opportunities for Vietnam to secure external financial support to achieve its ambitious climate objectives, including funds from the United Kingdom for green transition and sustainable development.

JAKARTA: Indonesia aims to unveil its $20 billion energy transition investment plan next month, an official said on Friday,  days before the United Nations COP28 climate summit as Jakarta tries to resolve issues on funding and energy mix for the initiative.

Minister for the Indo-Pacific, Anne-Marie Trevelyan, is visiting Indonesia to launch the second phase of UK support to the Low Carbon Development Initiative.

Manila Electric Co. (Meralco)-affiliate PacificLight Power Pte. Ltd. plans to expand its portfolio in Singapore by participating in a tender offer to build a new power plant in that country.

Vietnam and Japan should continue their close cooperation in the Asia Zero Emission Community (AZEC) and the Just Energy Transition Partnership (JETP), said Deputy Prime Minister Tran Hong Ha on July 26.

Australian Minister for Infrastructure, Transport, Regional Development and Local Government, Catherine King on Friday (21 July) said she met Singapore’s Acting Minister for Transport Chee Hong Tat to discuss how Australia and Singapore’s 2022 Green Economy Agreement can accelerate the uptake and promotion of decarbonisation technologies in shipping.

Italy’s Eni (ENI.MI) will sign a deal with Chevron Corp (CVX.N) later on Tuesday to take over the U.S. firm’s stake in the Indonesia Deepwater Development project, the head of Indonesia’s upstream oil and gas regulator said.

Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to buy its 35% stake in the Masela natural gas fields for up to $650 million, moving the project forward after years of delay.

Mubadala Energy and Pertamina, the Indonesian state-owned integrated energy company, have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilisation and storage (CCUS) applications in Indonesia.

Singapore’s Keppel Corporation (KPLM.SI) said on Tuesday it signed an agreement with HSBC (HSBA.L) for pursuing energy transition opportunities aimed at reducing emissions in Greater Bay Area and across Asia.