ConocoPhillips has signed an agreement to divest its interests in Indonesia to the local oil and gas company MedcoEnergi for $1.355bn, a move that will mark its exit from the country.

Sembcorp Utilities, a unit of Singapore’s Sembcorp Industries Ltd (SGX:U96), and BCG Energy, the renewables business of Vietnam’s Bamboo Capital Group, have teamed up to develop up to 1.5 GW of wind and solar projects in Vietnam.

Nissan Thailand has received three prestigious awards from Thailand Automotive Quality Awards (TAQA), recognizing the Japanese brand’s ‘Outstanding Environmentally Friendly Brand Image’, ‘Outstanding Brand Image for Good Corporate Social Responsibility’ and ‘Outstanding Brand Image for Good Governance’.

Ford Motor Co. is investing $900 million to upgrade factories in Thailand that build its Ranger pickup truck and Everest utility vehicle. Ford, making its largest-ever investment in the operations, plans to nearly double the number of robots at its Thai manufacturing plant and at AutoAlliance Thailand, a venture with Mazda Motor Corp., while $400 […]

In recent years, liquefied natural gas (LNG) has sparked considerable interest in Vietnam as a potential new source of energy, given the rapid growth of the country’s demand for electricity. According to the World Bank, the scale of Vietnam’s electricity consumption ranks second in the Association of Southeast Asian Nations (ASEAN) after Indonesia and 23rd […]

Cambodia and Laos have agreed to strengthen cooperation in the energy sector as Cambodia currently imports renewable energy from Laos. The agreement was made in a meeting between Mines Minister Suy Sem and his Lao counterpart Daovong Phonekeo in Phnom Penh yesterday.

The United Nations Development Programme (UNDP) in Cambodia has pledged to seek assistance from other development partners for the development of Cambodia’s energy sector, focusing particularly on energy efficiency projects and the fight against climate change.

Singapore’s UOB Asset Management has listed its first exchange traded fund in over a decade with the launch of a green-themed real estate investment trust product. The UOB Apac Green Reit ETF claims to be the first in the world to provide investors with access to sustainable property investments in the Asia-Pacific region.

Scottish tidal energy firm Nova Innovation has announced it has secured £200,000 of grant funding from Innovate UK to deliver a tidal turbine array in Indonesia. The 7MW project will be installed in Larantuka Strait, which is between the islands of Flores and Adonara and has reportedly one of the strongest tidal currents in Indonesia.

PUTRAJAYA, Nov 30 — The Energy and Natural Resources Ministry (KeTSA) plans to introduce new programmes to meet the growing demand for renewable energy among the corporate sector in meeting the environmental, social and governance (ESG) commitments.