Gasoline, diesel, kerosene pump prices down Tuesday

Motorists will be greeted with cheaper pump prices this week, as fuel retailers are set to implement a rollback on Tuesday, but this will not be enough to offset the increases that have been made so far this year.

Vietnam to update Power Development Plan amid ambitious energy goals

Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy imports, and renewable energy capacity. Solar power generation targets have been tripled, while the previously planned 6 GW offshore wind power capacity has been […]

PH eyes Alaska as potential liquefied natural gas source

MANILA – The Philippines is considering importing liquefied natural gas (LNG) from Alaska as the Trump administration sets its sights on reviving its long-delayed USD44 billion gas pipeline project. Alaska earlier secured President Donald Trump’s backing to develop the Alaska LNG project, which can process and transport up to 20 million tons of LNG annually.

Vietnam Unveils National Action Plan to Boost Renewable Energy and Circular Economy

Vietnam has introduced its National Action Plan for a Circular Economy until 2035, with a strong emphasis on renewable energy development to drive sustainable economic growth and environmental protection. The plan, approved on January 23, 2025, under Decision No. 222/QĐ-TTg, outlines strategies to enhance energy efficiency, minimize waste, and promote resource recycling as the country […]

Indonesia targets 35% renewable energy led by solar, hydro, geothermal

Indonesia has unveiled its updated National Power Supply Plan (RUPTL), projecting an additional 71 GW of installed capacity over the next decade, with a focus on solar, hydropower, and geothermal energy to drive renewable power generation. The plan targets increasing the share of renewable energy to 35% of the country’s total energy mix by 2034.