Vietnam Unveils USD 136 Billion Plan to Expand Power Capacity by 2030

Vietnam Unveils USD 136 Billion Plan to Expand Power Capacity by 2030

Vietnam has announced an ambitious plan to increase its total installed power generation capacity to between 183 and 236 gigawatts by 2030, up from over 80 GW at the end of 2023. This initiative, detailed in the revised National Power Development Plan (PDP8), aims to...
Shell Exits Singapore Refining as Chandra Asri, Glencore Take Over

Shell Exits Singapore Refining as Chandra Asri, Glencore Take Over

In April 2025, Shell finalized the sale of its Singapore refining and petrochemical assets to a joint venture between Indonesia’s Chandra Asri and Switzerland’s Glencore. The transaction includes the Bukom refinery and Jurong Island facilities, marking the...
Indonesia to Launch USD 40 Billion Worth of Energy Projects in 2025

Indonesia to Launch USD 40 Billion Worth of Energy Projects in 2025

Indonesia aims to advance coal gasification initiatives with support from its newly established sovereign wealth fund, Danantara Indonesia, according to the country’s energy minister. As the world’s leading thermal coal producer, Indonesia has been promoting the...