KUALA LUMPUR: Oil and gas companies operating in Malaysia are seeking more clarity on the country’s future direction in the energy transition in line with the global trend of accelerating to a low or zero-carbon future. ExxonMobil Exploration and Production Malaysia Inc president Edward Graham said most O&G players were finding ways to be cost-competitive […]

KUALA LUMPUR, July 3 (Bernama): The outlook for oil prices outlook will continue to be uncertain, largely driven by the double jeopardy of a slowdown in demand and unabated supply from producers, said Sapura Energy Bhd. President and group chief executive officer Tan Sri Shahril Shamsuddin said accordingly, the oilfield services and equipment as well […]

Orsted and T&T Group in Vietnam have signed a memorandum of understanding (MoU) to launch a strategic collaboration on offshore wind in Vietnam.

Cleantech Solar has announced the execution of a long-term solar power purchase agreement (PPA) with consumer products manufacturer and distributor Osotspa Public Company Limited for a combined 3 MW solar PV system on Osotspa’s five factories across Thailand.

In July, GMBD suspension was extended to industries that have been allowed only partial operational capacity, or not allowed to operate, based on the Inter-Agency Task Force (IATF) GCQ Guidelines. This benefited 57,939 business customers with GMBD relief estimated at P513 million.

TEMPO.CO, Jakarta – Indonesian energy company PT Pertamina (Persero) has said it is aiming to become a world-class sustainability-driven energy player through the implementation of Environmental, Social, and Governance (ESG) programs.

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.

Within the next ten years, Indonesia’s PT Pertamina Geothermal Energy (PGE) is planning to increase their installed capacity to 1,540 MW. This will be more than double the current installed capacity operated by PGE alone. The target is in line with PGE’s aspiration of being a World-Class Green Energy Company.

Jakarta (ANTARA) – Indonesia’s largest energy company, PT Pertamina (Persero), has said it has implemented several initiatives to support the government’s target of reducing greenhouse gas emissions from the energy sector.

Indonesian oil giant Pertamina is planning to install solar energy at 5,000 gas stations to reduce carbon emissions. There are currently 76 of these Green Energy Stations (GES) spread across various islands.