PETRONAS adds new vessels to LNG fleet

PETRONAS LNG Ltd (PLL) has signed a Time Charter Party (TCP) for three newbuild 174 000 m3 LNG vessels with shipowner, Hyundai LNG Shipping (HLS). The deal with HLS was awarded via an international tender exercise to support PETRONAS’ growing global LNG business portfolio.

Malaysia launches 10-year blueprint for oil, gas sector

Malaysia is seeking to steer its oil and gas sector away from uncertainty created by the Covid-19 pandemic, unveiling a 10-year industry plan aimed at thriving in a lower oil price environment and capitalising on the global energy transition.

US and UK Stand Ready to Partner with Thailand to Achieve its Climate Objectives

Today (29 April 2021), UK Ambassador Brian Davidson and U.S. Charge d’Affaires Michael Heath reaffirmed climate commitments each country made at the US-hosted Leaders Climate Summit last week. The Chiefs of Mission welcomed Thailand’s announcements, praised Thailand for its regional leadership on climate change issues, encouraged all countries – including Thailand – to set ambitious […]

Thailand to go full EV by 2035, but what does it mean for us?

Thailand, one of the major automotive hubs in Southeast Asia, made a huge announcement. It seems the Detroit of Asia will stop selling gas- and diesel-powered cars in the not-so-distant future. By 2035, Thailand aims to sell only zero-emissions vehicles, seeking to transform itself as a hub for making electric cars.

Thailand’s PTTEP drives up 2021 sales targets after first-quarter profit

Thailand’s national upstream company PTTEP has again revised upwards its 2021 targeted sales volumes after reaching first gas from the Block H project offshore Sabah, East Malaysia and completion of its stake acquisition in BP’s Block 61 project in Oman.

Mid-term Review of ASEAN Economic Community Blueprint 2025 announced

Jakarta (VNA) – The ASEAN Secretariat and the European Union Delegation in ASEAN announced the Mid-term Review (MTR) of the ASEAN Economic Community Blueprint 2025 on April 28.

Planned ASEAN Taxonomy for Sustainable Finance would benefit from Islamic input, say international experts

Input from Islamic financial specialists will smooth the path to development of a region-wide taxonomy for financial services in Southeast Asia, Salaam Gateway understands from international experts. On March 30, finance ministers and central bank governors from members of the Association of Southeast Asian Nations (ASEAN) announced their support for an ASEAN Taxonomy for Sustainable […]

Energy firm vows stable electricity in Eastern Samar

TACLOBAN CITY: The recurring low power voltage and brownouts in the entire province of Eastern Samar may soon be a thing of the past as Taft Hydro Energy has vowed to provide a stable supply of power in the province and in some parts of Samar.

Malaysia Home to Intel’s Largest Solar Farm Outside US

Operations at Intel Malaysia are harnessing solar energy to help power six buildings across the company’s Kulim and Penang campus, thanks to a new 3.2 megawatt (MW) solar installation completed in January. The installation is achieving 4.1 MW in total installed capacity, which is provided by NEFIN, a renewable energy developer. The project is Intel’s […]

Aoral Eco-City to host Kingdom’s largest solar farm

The ambitious Aoral Eco-City project took yet another step forward yesterday as HLH Agriculture (Cambodia) Co Ltd announced it had agreed to a non-binding memorandum of understanding (MoU) with China Machinery Engineering Corporation (CMEC) for the development of what is claimed to be Cambodia’s largest solar farm.