The US Trade and Development Agency (USTDA) has granted funds to the Thai Ministry of Transport’s Office of Transport and Traffic Policy and Planning (OTP) to improve Thailand’s supply chain and reduce carbon emissions in its freight transportation system.

Japan’s government pledged financial and technological support to help ASEAN countries accelerate their efforts to decarbonise their economies and combat global climate change, its industry minister said on Saturday.

US$692 million loan secured to finance region’s largest wind farm in Laos A developer has signed a US$692 million loan agreement to finance the 600MW “Monsoon Wind Power Project” in Laos, the largest in Southeast Asia, according to media reports.

The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited (Monsoon) signed a $ 692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic (Lao PDR) to export and sell power to neighboring Viet Nam. Comprising 133 […]

UAE-based energy company Masdar has entered the geothermal energy segment by making a strategic investment in Indonesian firm Pertamina Geothermal Energy (PGE).

Vietnam will invest in 10 energy technologies in the 2021-2030 period with a view to ensuring energy security for the country’s socio-economic development, as part of the “Research, Application and Development of Energy Technologies” programme. They include advanced technologies in the exploration and exploitation of oil and gas, photovoltaic solar energy, smart electrical grids, radiation and radioisotope techniques in […]

Shell PLC (SHEL.L) announced a second investment in Malaysia’s oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply. Reporting by Ashitha Shivaprasad in Bengaluru and Florence Tan in Singapore; Editing by Christopher Cushing and Raju Gopalakrishnan

Negotiations in relation to the G7’s climate financing for Indonesia to move away from coal are underway, according to a German diplomat. The 48th G7 Summit in Schloss Elmau earlier this year resulted in a plan to make Indonesia as a candidate for the Just Energy Transition Partnership (JETP). If all goes well, Indonesia would […]

Subsidiaries of Malaysian-based MISC Berhad (MISC.KL) have signed long-term charter contracts with a unit of Exxon Mobil (XOM.N) for two liquefied natural gas (LNG) carriers, MISC said on Friday.

Singapore and Laos are stepping up cooperation in emerging areas such as energy, digital, sustainability and environmental protection as they mark the 50th anniversary of diplomatic relations in 2024. On Wednesday, four memoranda of understanding (MOUs) between the two countries were signed and exchanged at the Istana.