Q1 proves tough for Vietnam’s oil and gas giants
Profits for major Vietnamese oil companies dropped significantly in Q1, as global oil prices plunged, driven by U.S. tax policy shifts and the ongoing Russia-Ukraine war.
Thai fuel prices unchanged despite tax hike
Retail prices of fuel remain unchanged in Thailand despite a decision to increase the fuel excise tax by 15%, according to Energy Minister Pirapan Salirathavibhaga.
New central gas company, Singapore GasCo, launched to ensure steady supply of natural gas
SINGAPORE – A new entity, Singapore GasCo, has been established to centralise the procurement and supply of natural gas for the power sector to ensure a stable and secure supply at competitive prices.
Fuel price cuts to greet motorists
MANILA, Philippines – Motorists can get a minor breather in the first week of May, with oil companies implementing fuel price rollbacks starting Tuesday.
Downstreaming coal into methanol to support biofuel program: Minister
Jakarta (ANTARA) – Deputy Minister of Investment and Downstream Todotua Pasaribu is targeting downstreaming coal into methanol to support the government’s biofuel program.
Indonesia Proposes Raising Royalties Paid by Mining Companies
TEMPO.CO, Jakarta – Indonesia is considering raising royalties paid by mining companies from commodities like coal, nickel and copper, among others, its mining ministry said.
Indonesia’s Coal Exporters Seek Six-Month Grace Period for Pricing Rule
Jakarta. The Indonesian Mineral and Coal Suppliers Association (Aspebindo) has urged the government to grant a six-month transition period before implementing a new regulation requiring coal exports to use the government-set benchmark price (HBA). The policy, established under the Energy and Mineral Resources Ministry’s latest decree, took effect on March 1, 2025.
Indonesia to Offer Energy Projects Worth $40 Billion in 2025, Minister Says
TEMPO.CO, Jakarta – Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, the country’s energy minister said.
