The Philippines’ new government of president Ferdinand Marcos will keep a moratorium on new coal-fired power plants in the country to avoid sending mixed signals to investors.
Vietnam will soon be embarking on a considerable project, costing more than US$100 billion, following the recent approval of plans to reach carbon-neutrality in transport. The government has set out its targets and now requires ministries and partners to come together to develop plans and realize the state’s ambitious, but necessary objectives.
Indonesia plans fuel price hike to control ballooning subsidies: reports This article was published in thejakartapost.com with the title “Indonesia plans fuel price hike to control ballooning subsidies: reports
The government plans to hike fuel prices to control ballooning energy subsidies, media reported on Monday, citing comments from Energy and Mineral Resources Minister.
The Department of Energy (DOE) will re-take “baby steps” and will push for “corrective policies” to entice fresh capital flow in the country’s upstream oil and gas sector, especially in areas not encumbered by territorial disputes.
MALAYSIA’S Energy Policy 2021-2040 — which is slated to launch later this month — is expected to boost the country’s investment flows to advance its sustainable development goals.
The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.
The LNG producing unit of QatarEnergy, Qatargas, has supplied the first LNG cargo to Thailand’s Map Ta Phut LMPT2 LNG terminal.
Malaysia utilities giant Tenaga Nasional Berhad (TNB) announced this week it is aiming to install more than 14 GW of renewable energy capacity by 2050 as it seeks to retire some of its coal-fired assets earlier than planned as part of ongoing efforts to achieve emissions reduction targets and ensure continued business growth for the company.
Malaysia’s largest electricity provider Tenaga Nasional Berhad has announced plans to fast track the closure of its coal-fired power plants to hasten the transition of its generation fleet from fossil fuels to renewable sources including large-scale solar PV and green hydrogen.
This year’s surge in energy prices has taken Sembcorp Industries Ltd.’s shares close to their peak, but any further outperformance hinges on its push for a clean-energy portfolio.