July 19 (Reuters) – Singapore’s Sembcorp Industries Ltd on Tuesday forecast a “materially higher” first-half period than a year ago, driven by its conventional energy segment on the back of higher electricity prices in the city-state and India.

Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is a significant vulnerability in the energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve efficiency, accelerate renewable power generation and switch to low emissions fuels, said the International Energy Agency.

The national oil and gas conglomerate PTT Plc is confident that Thailand has enough fuel to weather the Ukraine-Russia crisis.

Thai oil companies have been ordered to extend the stockpiling of reserves from 60 to 70 days to ensure enough supply for domestic use amidst the global crisis due to the Russia-Ukraine tension, according to Thailand’s Ministry of Energy.

Deputy Finance Minister Santi Promphat said the rising cost of fuel is still a short-term problem, and it is too early for the ministry to consider cutting the excise tax for benzyl fuel.

Tenaga Nasional Berhad (TNB) has temporarily shut down 333 power substations in six states due to the dire flood situation that hit the states since yesterday.

PETALING JAYA: Tenaga Nasional Bhd (TNB) is working on restoring electricity supply in several parts of the country after a major blackout this afternoon. In a brief statement posted on its Facebook page, TNB said its technical team was investigating the cause of the blackout and was working hard to restore supply.

The UN official made the remark in an interview with the Vietnam News Agency in Hanoi on July 29. In regard to how Vietnam can successfully pursue an inclusive and green economic rebound in the post-COVID-19 period, she recommended the country to focus on energy security and energy access for everyon

The UN official made the remark in an interview with the Vietnam News Agency in Hanoi on July 29. In regard to how Vietnam can successfully pursue an inclusive and green economic rebound in the post-COVID-19 period, she recommended the country to focus on energy security and energy access for everyone. The UN official also […]

Kanni Wignaraja, UN Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific, said she expected Vietnam can show that there’s a different way to do development and that amidst the uncertain global economic outlook, Vietnam can prove itself as an attractive place for investment by doing a greener, more inclusive development.