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China starts exporting petroleum to Laos

BOTEN, Laos, Oct. 31 (Xinhua) — With over 64 ton diesel, handed over from PetroChina to a Lao company at Laos-China border, the first export of Chinese refined oil to Lao market was made on Wednesday. PetroChina International (Yunnan) Co. Ltd, a subsidiary of PetroChina group, has been studying and preparing for two years to […]

ExxonMobil Supports New Singapore Energy Center Partnership with US$10 Million Commitment

INGAPORE–(BUSINESS WIRE)–ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become the first industry founding partner in a new Singapore Energy Center partnership led by the Nanyang Technological University and National University of Singapore and designed to advance next-generation technologies. ExxonMobil signed a memorandum of understanding with the universities […]

ASEAN Ministers call for stronger institutional ties with the IEA

Dr Fatih Birol, the IEA’s Executive Director, was in Singapore for the 36th ASEAN Ministers of Energy Meeting (AMEM), Singapore International Energy Week, and other related engagements. Dr Birol gave the opening presentation of the AMEM, discussing the various energy challenges facing ASEAN – especially energy security, investment, grid integration and energy efficiency – and […]

ASEAN inks deal with IRENA for rapid renewable energy development

IRENA will support renewables projects with its project facilitation platforms. The Association of Southeast Asian Nations (ASEAN) and the International Renewable Energy Agency (IRENA) inked a memorandum of understanding (MOU) formalising a partnership aimed at scaling up renewable energy deployment in the region. According to an announcement, IRENA will support the ASEAN’s pursuit of 23% […]

SP Group unveils green energy trading marketplace

City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers. Singapore’s SP Group launched a digital marketplace powered by blockchain technology to allow companies to trade RECs which is a document used to offset the use of non-renewable energy, an announcement revealed. “Through blockchain technology, we enable companies to […]

Ling Hang plans recycling plant to convert solid waste into green energy in Cambodia

A highly diversified Ling Hang Investment Development Co Ltd plans to venture into waste management and currently holding high-level talks with officials to build a recycling plant in Phnom Penh. Speaking to The Post on Monday, its Chief Executive Officer George Chao said large amount of garbage is churned out in cities like Phnom Penh […]

Coal exports increase sharply in October

NDO – Vietnam’s export turnover in October was estimated at US$20.80 billion, down 1.5% from the previous month. Telephones and components saw the sharpest decrease with 21.4%, however, coal exports have rocketed by 45.3%. The latest report on the national socio-economic situation published by the General Statistics Office of Vietnam (GSO) showed that, compared with […]

Low-cost renewables revolution is coming to Southeast Asia

New analysis from Carbon Tracker shows it could be cheaper to build new renewable energy sources than to operate existing coal-fired power plants in Southeast Asia within 10 years. There are three inflection points that will make coal power economically obsolete: new renewables outcompete new coal; new renewables outcompete operating existing coal; and new firm […]

Vietnam, Russia agree to foster ties in all fields

NDO – Vietnamese Deputy Prime Minister Trinh Dinh Dung and his Russian counterpart Maxim Akimov co-chaired the 21st meeting of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation, which took place in Moscow on October 29. During the meeting, the two sides discussed and agreed on a wide range of measures to foster bilateral […]

Acciona to Invest in Renewable Energy & Infra Projects in Philippines

Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the potential of entering into a power purchase deal with private firms, […]