Indonesia Allocates Rp186.9tn for Energy Subsidy Budget in 2024
The Ministry of Energy and Mineral Resources (ESDM) is allocating Rp186.9 trillion for this year’s energy subsidy budget. Minister Arifin Tasrif said the budget Rp113.3 trillion is allocated for subsidizing fuel oil and LPG, and Rp73.6 trillion goes for electricity subsidies.
Thailand: Draft amendment to the Petroleum Act to regulate carbon storage business
With increasing awareness of carbon capture and storage (CCS) technology as a key enabler for decarbonization, many developments in this area, such as exploration for carbon storage sites and storage of carbon dioxide in carbon storage sites, have been reported.
Energy claim talks with Cambodia to start
Thailand and Cambodia will hold talks about a 26,000-square-kilometre energy-rich area in the Gulf of Thailand claimed by both countries on Feb 7.
Vietnam’s VinFast Aims to Qualify for Biden’s EV Tax Credits
VinFast Auto Ltd. is working to qualify its cars for US tax credits when its North Carolina plant starts production in 2025, Chairwoman Le Thi Thu Thuy said.
PM Anwar: Govt to develop policy framework to make Malaysia green investment hub
The government will develop a policy framework and targeted plans to make Malaysia a major regional green investment destination and hub, said Prime Minister Datuk Seri Anwar Ibrahim.
Taking back power supply rights
The Sabah Legislative Assembly special sitting on Jan 3 passed three bills related to the takeover of regulatory authority over power supply by the Sabah Government from the Federal Government.
Philippines’ Energy Regulatory Commission Accelerates Permits For Solar Home Systems Ahead Of El Niño
In anticipation of the upcoming El Niño and the approaching summer months, the Energy Regulatory Commission (ERC) has announced the streamlining of the permit process for solar home systems.
Vietnam’s renewables need long-term strategy and faster localisation
Without a long-term strategy and faster localisation, Việt Nam’s energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.
