Gas production hikes and regional buying to cut LNG imports
Thailand plans to increase domestic gas production and renew gas purchases from neighbouring countries to reduce its dependence on liquefied natural gas (LNG) as gas demand is expected to increase in Asia, say energy authorities and analysts.
Sabah rejects proposed CCUS Bill, citing existing land laws
KOTA KINABALU: Sabah agrees with the stand taken by Sarawak that the proposed Carbon Capture, Utilisation and Storage (CCUS) Bill is not necessary for the two states as they have separate land and forestry laws, says Datuk Seri Dr Jeffrey Kitingan.
Energy Outlook Report suggests Vietnam’s net-zero goal technically feasible
The latest Vietnam Energy Outlook Report – Pathways to Net-Zero (EOR-NZ) said that Vietnam’s goal of achieving net-zero emissions by 2050 is not only technically feasible, but also the most cost-optimized scenario.
Malaysia to cut diesel subsidies, saving $852 million annually
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 billion ringgit ($852 million) annually, Prime Minister Anwar Ibrahim said on Tuesday.
Myanmar’s erratic electricity supply is forcing small businesses to shut down
Micro, Small, and Medium Enterprises (MSMEs) are reportedly experiencing adverse effects due to frequent electricity blackouts, leading to some businesses having to halt their operations. The state-owned Yangon Electrical Supply Corporation (YESC) reported in April that the production capacity of large hydropower plants in the national power system has decreased due to dry conditions.
Voluntary power cuts may be encouraged in extreme gas shortage; power rationing a last resort: EMA
Industries and households may be encouraged to voluntarily cut electricity use during an extreme gas shortage, with power rationing being a last resort, the Energy Market Authority (EMA) told The Straits Times on May 9.
Philippines DOE Announces Third Round Of Green Energy Auction For Non-FIT RE Technologies
In its commitment to harnessing renewable energy (RE) resources for energy security, the Department of Energy (DOE) in the Philippines is set to conduct the Third Round of the Green Energy Auction (GEA-3).
TotalEnergies to splash out $903 million on its gas footprint expansion off Malaysia
France’s energy giant TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia by inking a deal with Austria’s OMV to get its hands on a stake in SapuraOMV Upstream, a 50:50 joint venture between Sapura Energy and the Austrian firm, which works as a Malaysian independent […]
