EU’s new carbon scheme — how will it affect trade with ASEAN?

The European Commission on July 14 adopted a long-planned proposal for a Carbon Border Adjustment Mechanism (CBAM), a de facto levy on imported products that do not conform to the EU’s own rules on carbon emissions.

Petronas eyes $1.3B project in Alberta to export hydrogen to Asia

CALGARY — The Canadian division of Malaysia’s state-owned oil giant Petroliam Nasional Berhad, or Petronas, plans to study the feasibility of building a $1.3 billion petrochemical plant in central Alberta with the goal of exporting hydrogen to an Asian markets.

PT PLN expects doubling its geothermal capacity in Indonesia

State-owned PT PLN (Persero) stays commited on renewable energy development, one of which is working on Indonesia’s second largest energy treasure geothermal energy.

Indonesia begins work on Southeast Asia’s largest floating solar plant

JAKARTA, Aug 3 (Reuters) – Indonesia will begin work on a 145 megawatt (MW) floating solar power project, the largest in Southeast Asia, after state power utility Perusahaan Listrik Negara (PLN) and Masdar of United Arab Emirates agreed financing for the project on Tuesday.

JinkoSolar Bags its First Residential Energy Storage System Order in Thailand

JinkoSolar has been the No.1 PV brand in terms of module shipments for two consecutive years in Thailand, one of the most important solar markets for the company in Southeast Asia. As the No.1 PV module brand in Thailand, over 192MW of solar panels were provided by JinkoSolar with 38.4% of the market share. JinkoSolar’s […]

Gas Malaysia Energy and Services delivers higher value-added services

DESPITE being a relatively new company, Gas Malaysia Energy and Services Sdn Bhd (GMES) consists of a team which has been servicing customers for almost 30 years through its parent company, Gas Malaysia Bhd.

Commentary: Ambitious oil facility in Pengerang, Johor a gamble given global climate change agenda

KUALA LUMPUR: One of the most ambitious projects of Petronas, Malaysia’s national oil company, will soon be fully operational.

Sembcorp to book $212 million impairment on Chinese coal venture in first-half results

SINGAPORE – Sembcorp Industries will book an impairment expense of $212 million in its first-half financial results, but it expects net profit to remain positive, the company announced before the market opened on Monday (Aug 2).

Singapore’s Jadestone Energy completes acquisition of SapuraOMV’s unit

KUALA LUMPUR: Jadestone Energy PLC’s subsidiary, Jadestone Energy Holdings Ltd, has become the latest upstream investor in Malaysia through its acquisition of SapuraOMV Upstream (PM) Inc (SapuraOMV PM).

IESR asks government to prepare coal transition roadmap

Jakarta (ANTARA) – The Institute for Essential Services Reform (IESR) has asked the government to prepare a coal transition roadmap to anticipate the social and economic impact of any potential decline in coal demand in future.