Vietnam cuts LNG import tariff to boost clean energy transition
Hanoi (VNA) – The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.
South-east Asia may see most gas projects approved in a decade
[SINGAPORE] South-east Asia could this year see the highest number of final investment decisions on gas projects in a decade, which could potentially boost output by 18 per cent, according to Global Energy Monitor (GEM).
Exclusive: Malaysia’s Petronas and Commonwealth LNG in talks for term supply, say sources
April 29 (Reuters) – Malaysian state-owned oil and gas firm Petroliam Nasional, or Petronas, is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company’s facility in Cameron, Louisiana, according to four trading and industry sources with knowledge of the matter. Petronas is in talks to buy at least one million […]
April 29: Fuel prices to climb again, up to P1.35 per liter
MANILA, Philippines — Fuel prices are set to rise again by as much as P1.35 per liter starting Tuesday, April 29, marking a second straight week of hikes and nearly undoing Holy Week’s big-time rollbacks. Just like last week, oil firms will increase gasoline prices by P1.35 per liter, while diesel and kerosene prices will […]
Indonesia Awards Oil and Gas Blocks to Boost Reserves
Indonesia awarded five oil and gas blocks to companies, its energy ministry said on Wednesday, as it attempts to replenish its oil and gas reserves and improve its energy security.
Thailand plans to import more US LNG over next five years, says minister
BANGKOK, April 16 (Reuters) – Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs.
Petronas and Petrovietnam strengthen oil & gas ties
The duo’s joint study agreement to advance oil and gas cooperation under Vietnam’s new legal framework is said to mark a strategic step forward in bilateral energy collaboration, allowing Petrovietnam to leverage Petronas’ global experience in geological research while aligning with the implementation of Vietnam’s 2022 Petroleum Law, designed to foster a more transparent and […]
ENEX Energy Cuts Losses, Shifts to Green Power Amid Exploration Delays
ENEX Energy Corp. has slashed its net losses in 2024 while pivoting toward cleaner energy through its stake in Batangas Clean Energy, Inc. (BCEI), a joint venture developing a 1,100 MW power plant that can use natural gas or green hydrogen.
