PTT Unveils 2019 Budget of USD 14 Billion for Expansion

PTT Plc, the national oil and gas conglomerate with five subsidiary companies is allocating a 2019 budget for all business expansion worth a combined THB 450 billion. A large part of the budget will be spend on projects in the government’s Eastern Economic Corridor...

Two New Wind Power Projects Approved in Vietnam’s Quang Tri Province

Two companies have obtained approval from the provincial government to develop wind power projects in Quang Tri Province in Vietnam. Huong Phung Wind Power Company Limited will develop Huong Phung 3 Wind Power Plant in Huong Phung Commune, Huong Hua District, with a...

Indonesian Energy Ministry Approves Merakes Development Project

In December 2018, the Minister of Energy of Indonesia approved Eni’s investment plan for the Merakes project, located in Kutei Basin, offshore East Kalimantan. Eni is an Italian multinational oil and gas company operating in 71 countries worldwide. The Merakes...

Sarawak Energy, Shell MDS to Explore Hydrogen Production in Sarawak

The Sarawak state-owned Energy company, Sarawak Energy Bhd (Sarawak Energy) has signed a Memorandum of Understanding (MoU) with Shell MDS (Malaysia) Sdn Bhd (Shell MDS) to explore opportunities in lower-cost hydrogen production technology via electrolysis. The MoU...

Tanglawan Philippine LNG Inc Receives Approval to Build Terminal

The Tanglawan Philippine LNG Inc has been granted by the Department of Energy the Notice to Proceed to build an LNG terminal in Batangas. The company plans to break ground by 2019 for the regasification and receiving terminal with a capacity of 2.2 mtpa, with...

Greater Reliance on Natural Gas in Thailand’s Latest Power Plan

Thailand’s government has reconfirmed its commitment to gas in its new Power Development Plan (PDP), which sets a target for gas to generate 53% of the country’s power in 2037. This is an increase from 30-40% in the previous PDP published in 2015, and indicates the...

Construction Initiated on USD 150 Million Solar Plant in Tra Vinh

Trung Nam Tra Vinh Solar Power JSC has recently initiated construction of solar power plants, valued at VND 3.55 trillion (more than USD 150 million), in Duyen Hai Township, in Tra Vinh, a Mekong Delta province. The 171 ha plant expected to become operational in the...