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Indonesia advances carbon capture, storage and utilisation ambitions

Indonesia’s national oil company Pertamina and Mitsui of Japan have launched a joint feasibility study on carbon capture, utilisation and storage (CCUS) commercialisation in Indonesia. The study aims to evaluate the carbon dioxide subsurface storage capacity of the oil and gas fields with declining production, including the Rokan block onshore Central Sumatra.

CHINT Cambodia Factory is Now Open, Assisting in the Southeast Asia’s Green Energy Development

SHANGHAI, March 7, 2022 /PRNewswire/ — SchneiTex x CHINT officially opened their Cambodia joint venture factory on February 28th local time. The factory will accomplish the localization of CHINT products, from manufacturing to delivery. It will also further improve the layout of CHINT’s global supply chain while expanding production capacity, which will help drive the development of the local power industry.

Pertamina Geothermal Energy IPO targeted for June 2022

As reported locally today, Deputy Minister for State Owned Entities (BUMN II), Pahala Nugraha Mansury said his party plans to launch PT Pertamina Geothermal Energy (PGE) Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) forward.  He targets the IPO of Pertamina’s subsidiary to be realized in the first semester of 2022.

Power sector bounces back; energy demand recovery to continue

MANILA, Philippines — Despite the slowdown caused by COVID-19, the Philippine power sector bounced back and nearly returned to pre-pandemic levels in 2021.

Techna-X to inject 100% of energy storage business into Singapore’s Chaswood for S$678.57mil

KUALA LUMPUR: Techna-X Bhd has signed a sale and purchase agreement with SGX-listed Chaswood Resources Holdings Ltd (CRHL) to inject 100 per cent of its energy storage business – HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) – into CRHL for S$678.57 million (S$1=RM3.08).

Futureproofing TNB’s business via sustainability pathway 2050

As the world emerges from the impact of the Covid-19 pandemic, which has devastated lives and livelihoods over the last two years, now more than ever there is an urgent need to rebuild lives and economies in a manner that is sustainable — an imperative that resonates deeply with Tenaga Nasional Bhd (TNB). Responsible for […]

Adaro plans to build $728m aluminum smelter in Indonesia

Indonesian coal company PT Adaro Energy, through its subsidiary PT Adaro Aluminium Indonesia, has signed a letter of intent to construct a $728m aluminum smelter.

Green industrial park a catalyst for Indonesia’s economic transformation

JAKARTA: Several exciting investments in North Kalimantan province and the proposed relocation of Indonesia’s capital from Jakarta to East Kalimantan will trigger a seismic shift in the fortunes of the area.

Vietnam car company Vingroup starts work on $174 mln EV battery plant

Vietnam’s biggest conglomerate Vingroup said on Sunday it had started building a $174 million battery cell plant for its VinFast electric vehicles business so the company can own its battery supply chain.

Green agenda bodes well for Malaysia’s energy industry

The green agenda outlined in the 12th Malaysia Plan (12MP) bodes well for Malaysia’s energy industry as it moves in line with global transition towards clean and sustainable practices.