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Indonesia, Vietnam energy transition financing under G7-funded plans

JAKARTA/HANOI, Nov 1 (Reuters) – Plans to reduce the use of coal in Indonesia and Vietnam with financial support from Western donors face teething problems, which could have implications for the prospects of richer countries helping poorer ones shift to cleaner energy.

Businesses seek ways to adapt to rising electricity prices

Hanoi (VNS/VNA) – After the latest power price hike announced by Vietnam Electricity (EVN), many businesses said they are seeking ways to adapt to the new situation.

Vietnam generates two-thirds of ASEAN renewable energy

Vietnam accounted for 69% of ASEAN’s solar and wind generation last year and was the region’s main growth driver in renewable energy development in recent years, a report has found.

Petrovietnam pushes initiatives to sustain oil and gas production

Vietnam National Oil and Gas Group (Petrovietnam) is actively pursuing strategies to ensure the continuity of oil and gas production in 2023 in the face of various challenges in its production and business operations.

Vietnam Upstream Sector Outlook Brightening

Vietnam’s upstream sector outlook is brightening as the government aims to accelerate progress on two substantial offshore projects integral to ambitions for a clean energy transition.

Vietnam keen to expedite electricity imports from Laos

VIENTIANE (Vientiane Times/Asia News Network): Vietnam Electricity (EVN) is seeking approval from the Vietnamese government to accelerate the import of electricity from Laos since shortages are forecast in the northern region, according to VnExpress International.

Petrovietnam logs top-notch business outcomes in 7 months

Hanoi (VNA) – The Vietnam Oil and Gas Group (Petrovietnam) has maintained a high progress of production and business, with all targets overfulfilled by between 3 and 28%.

Vietnam creating favorable conditions for oil, gas contractors

Prime Minister Pham Minh Chinh wholeheartedly supported Jadestone Energy Plc in its investment in activities related to oil and gas in Vietnam’s continental shelf, especially solutions to develop Nam Du – U Minh gas field in order to provide an additional gas source to the Southern region.

Government urges EVN to complete electricity pricing mechanism

The Vietnamese government has requested that the MoIT amend and supplement the mechanism for adjusting the average retail price of electricity and the structure of the retail electricity tariff.

Directive No. 20/CT-TTg on Promoting electricity conservation during 2023-2025 and the subsequent years