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Vietnam invests in 10 energy technologies

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 to invest in second Malaysia oil, gas project in a month

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

G7’s Climate Financing for Indonesia Under Negotiation: Envoy

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 […]

Malaysia’s MISC signs time charter contracts with Exxon Mobil unit

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 deepen cooperation in energy, environment and digital domains

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.

Indonesia-Japan Sign US$138.2mn Trade Contract for Palm Kernel Shells

Indonesia booked a US$138.2 million worth of palm kernel shells trade contract with Japan for the latter’s renewable energy needs. The agreement was met in a business meeting and the signing of a trade agreement in Tokyo today, Sept. 28.

Japan, Petronas to Cooperate on Gas Investment, LNG Storage

Japan and Malaysia’s Petroliam Nasional Bhd are considering future joint investments in gas exploration and production projects as well as developing cleaner ways to make liquefied natural gas.

Indonesia Offers Incentives, Cuts Red Tape for Green Investment

The Indonesian government is trying to bring in more investment into the green sector with incentives and less red tape, as the coal-reliant country seeks to transition to renewables.

Acciona Energia invests in Asian wind developer

Acciona Energia has reached a strategic agreement with south-east Asian wind developer The Blue Circle to become the main shareholder in the regional renewables player.  

New feed-in tariff advocated for biomass energy investment in Vietnam

Although the Vietnamese government hoped for deeper biomass energy investment through a previously-introduced feed-in tariff (FiT), some experts advise that a new one must be coupled with other legal incentives to ensure a more significant share in the country’s energy mix, according to Vietnam Investment Review.