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Mekong River Commission unveils strategy and action plan

The Mekong River Commission (MRC) released a ten-year basin development strategy and a five-year strategic plan Monday to address challenges and improve the state of the basin. In a statement released in Vientiane, the MRC said it expected to spend more than US$60 million on the strategic plan over the next five years. It said […]

Hydropower plants and Electrification to carry on

UN suspends climate work with Myanmar government following military coup

The military takeover in Myanmar raises fears of pollution, deforestation and revival of a controversial hydropower dam, as international agencies put climate projects on hold

Australian energy giant Woodside urged to ‘get off the fence’ on Myanmar

Australian oil and gas giant Woodside Energy is facing rising pressure to rule out working in Myanmar until democracy is restored following a military coup that seized power from Aung San Suu Kyi’s civilian government.

Fuel imports stall as banks shut and currency depreciation drives up costs

YANGON • Myanmar’s refined fuel imports have stalled as protests over the military coup have shut banks and government offices, while a depreciation of its currency has driven up costs, five industry sources said.

Human Rights Watch slams Woodside over Myanmar energy developments

Human rights groups have slammed Australian energy giant Woodside after its chief executive said the company would press ahead with a major gas development in Myanmar and suggested the nation’s former civilian leaders ignored the army’s grievances in the lead-up to the military coup.

Woodside says Myanmar coup won’t hit plans

Australia’s Woodside Petroleum sees the military coup in Myanmar as “a transitionary issue” that would not affect its drilling in waters off the Southeast Asian nation, its chief executive says.

Myanmar’s political woes may apply brakes to gasoline inflows

Singapore — The recent military coup in Myanmar is expected to inject headwinds into the Asian gasoline market as the political situation has raised fears of slowing imports in the near term, potentially squeezing domestic supplies in a country that has limited production bandwidth of its own.

China to support Myanmar renewables growth after coup

Myanmar’s transition towards renewable energy sources will face near-term headwinds after the recent military coup. However, analysts are more optimistic over the medium to longer term given the dominance of Chinese companies in the sector.

Chinese energy firms set to benefit from Myanmar turmoil

There is a high risk that political turmoil in Myanmar will negatively affect the energy sector, however, Chinese companies look set to benefit from the tumultuous environment, according to Fitch Solutions Country Risk & Industry Research.