Following the Malaysia Bid Round 2022 (MBR22), Inpex Corp, a Japanese integrated energy producer, secured two offshore hydrocarbon exploration licenses in Sarawak waters. The country’s oil and gas resource custodian, Petronas, has been driving opportunities in...
Malaysia’s state-owned oil and gas company, Petronas, has awarded three oil and gas production-sharing contracts as part of its 2022 bidding round. The contracts, awarded under the Malaysia Bid Round (MBR) 2022, cover three clusters of discovered resource...
Vietnam is registering a growing interest from foreign investors in the offshore wind industry. In order to achieve net zero emissions by 2050, the nation is currently developing a new Power Development Plan (PDP) that places an emphasis on switching from coal to...
PTT Oil and Retail Business (PTTOR), Thailand’s state-run oil company, recently announced that it intends to establish the country’s largest electric vehicle (EV) charging network, aiming at establishing 7,000 outlets by 2030 from just 139 now. The move is part of...
Sembcorp Industries (Sembcorp) and Singapore’s Energy Market Authority (EMA) have officially opened the Sembcorp Energy Storage System (ESS). The Sembcorp ESS is Southeast Asia’s largest ESS and spans across two hectares of land in the Banyan and Sakra region on...
Japanese oil and gas company Inpex has joined the Rajabasa Geothermal Project in Indonesia through INPEX GEOTHERMAL, LTD., a subsidiary established for the purpose of conducting geothermal business. The project is based in the Rajabasa Geothermal Block in Lampung...
The Philippine Department of Energy (DOE) has unveiled its key priorities for 2023, top of which is pursuing contingency measures and activities to ensure energy supply during critical periods, and pushing for the continued development of alternative fuel and...
In a landmark move to increase the power generation capacity and make the Philippines less reliant on imported fuels, the country’s Department of Energy (DOE) has recently approved 100% foreign ownership of renewable energy projects. Before 2022 ended, the DOE...
Malaysia’s national upstream company Petronas Carigali has made a significant oil and gas discovery with its Nahara wildcat offshore Sarawak, East Malaysia. The shallow-water Nahara field is located on Block SK 306 in the Balingian province, around 150 kilometers off...
Pertamina Power Indonesia, Keppel Infrastructure, through Keppel New Energy, and Chevron Corporation, through Chevron New Energies International (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and...
A key thrust of the recently launched National Hydrogen Strategy strategy is for Singapore to experiment with advanced hydrogen technologies on the cusp of commercial readiness. To this end, the Energy Market Authority (EMA) and the Maritime and Port Authority of...
Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals. Rich countries, the Asian...
