Coordinating Minister for Economic Affairs Airlangga Hartarto has said Indonesia’s G20 presidency helps boost global investor confidence and accelerate the national economic recovery.

In a bid to increase its investment opportunities overseas, the Essar group via its exploration entity Essar Exploration and Production Ltd (EEPL) is investing in hydrocarbon block 114, located offshore of Central Vietnam.

Minister of Investment / Head of Investment Coordinating Board (BKPM) Bahlil Lahadalia has pointed out several implemented strategies to attract investment in electric car batteries in Indonesia.

Vietnam says it will proceed with a project to build a 10-megawatt nuclear research reactor with Russian help, a move seen as a new step toward reviving plans to build nuclear power plants a decade after the Fukushima disaster.

B.Grimm Power has partnered with Energy Capital Vietnam (ECV) and Siemens Energy to develop an LNG-to-power project in southern Vietnam.

Oil and Gas (O&G) companies continue to restrategise and reposition their operations following the continuing talks toward a greener energy future.

Indonesian drilling company PT Apexindo Pratama Duta Tbk (APEX) recorded a lower land rig utilization level this year compared to 2020. As of October 2021, APEX’s land rig utilization is at 1% while in 2020 its utilization is 4%, so a news piece by Kontan.

Mr. Tran Viet Ngai, Chairman of the Vietnam Energy Association, spoke with Saigon Investment on steps to take to lower carbon emissions, while remaining committed to its agreement and continuing to ensure energy security in the short and medium term.

TotalEnergies and Vanco Industries have teamed up to install 750kWp of rooftop solar in Cambodia’s Kandal province. Vanco is part of the Dakota Group of Companies. It supplies garments to Swedish fashion chain H&M, which has pledged to cut emissions 56 percent by 2030 and become climate positive ten years later.

Malaysia is looking forward to exploring cooperation with the United States in its plan to introduce a utility-scale battery energy storage system (BESS) into the Peninsular electricity system.