Kuwait Foreign Petroleum Exploration Company (KUFPEC) has announced plans to invest up to USD 10 billion in Indonesia’s oil and gas sector. The Indonesian Ambassador to Kuwait disclosed the investment during a meeting with Commission XII of the Indonesian House...
Starting 2025, Vietnam Airlines will incorporate sustainable aviation fuel (SAF) on all flights departing from Europe, becoming the first Vietnamese carrier to implement this initiative. The SAF usage will begin at a minimum of 2% and is set to progressively increase...
The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One and a part of the Private Infrastructure Development Group (PIDG), announced in January a USD 20 million investment in CME Solar. This funding will support the development of a pipeline...
Yinson Holdings, a Malaysian energy infrastructure company, has secured a significant USD 1 billion funding round for its subsidiary, Yinson Production, which specializes in equipment for the offshore oil and gas industry. The investment comes from a consortium of...
JTC Corporation, a government agency under Singapore’s Ministry of Trade and Industry, has appointed a consortium comprising Univers, a global decarbonization software firm, and PacificLight Power, a Singapore-based power generator, to develop Singapore’s first...
Envision Energy, a global leader in green technology, has achieved a significant milestone by signing the Philippines’ largest single wind power contract to date. The agreement, awarded by ACEN, the renewable energy platform of the Ayala Group, involves...
HydroWing, the tidal energy division of the UK-based Inyanga Marine Energy Group, has entered into a binding agreement with one of Perusahaan Listrik Negara’s (PLN) subholdings, a state-owned national power company in Indonesia that owns the national grid. The...
Toyo Engineering Corporation (Tokyo) has entered into a Shareholder Agreement (SHA) with Pupuk Indonesia Holding Company (PIHC), a state-owned Indonesian fertilizer firm, and ITOCHU Corporation (Tokyo) to form a joint venture. The partnership aims to produce green...
Pengerang Energy Complex (PEC) has secured project financing of USD 3.5 billion from leading export credit agencies (ECA) and Islamic financing entities to develop a state-of-the-art low-carbon petrochemicals facility in Malaysia. The financing agreement was ratified...
Vietnam’s Power Engineering Consulting JSC 2 (PECC2) has entered into a collaboration with the US solar manufacturer First Solar to utilize the direct power purchase agreement (DPPA) mechanism and distribute photovoltaic (PV) modules. The memorandum of understanding...
The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited have entered into a USD 820 million loan agreement to finance a portfolio of 12 renewable energy projects in Thailand. This portfolio includes eight ground-mounted solar photovoltaic (PV)...
Linde, a globally renowned industrial gases and engineering company headquartered in Germany, has announced the commencement of its industrial gas supply to Freeport Indonesia. Freeport Indonesia, a major mining company in the country and a subsidiary of the...
