Singapore’s first FSRU to ensure energy stability
A long-term charter contract introduces Singapore’s first floating storage regasification unit (FSRU) to enhance the nation’s energy infrastructure.
Indonesia begins major oil, gas exploration in Sulawesi
Indonesia’s state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block off the coast of Sulawesi.
Singapore launches grant call for natural gas power plants to study carbon capture and storage
SINGAPORE – Singapore is taking steps to study how planet-warming carbon dioxide (CO2) from natural gas power plants can be captured and locked away, as the Republic is likely to continue relying on fossil fuel over the next few decades.
Central Vietnam LNG-to-power project adds terminal to host 90,000-ton vessels
Quang Tri province in central Vietnam has been allowed to add a terminal that can accommodate vessels of up to 90,000 tons to serve the 1,500-MW LNG-fired power project (LNG Hai Lang Power Center).
Philippines Petroleum Industry Valuation to Reach Sky High US$ 21.54 Billion By 2032 | Pharma and Cosmetics Products Demand Ignites Fastest Growth Says Astute Analytica
The Philippine petroleum industry market presents significant growth opportunities driven by rising demand, government initiatives, and investment prospects, despite challenges like import dependence and supply risks.
Malaysia sees lower natural gas, crude oil output in 2025
KUALA LUMPUR- Malaysia expects lower natural gas and crude oil output in 2025 due to the planned shutdowns of some production facilities for maintenance and easing demand in some export markets, the government said on Friday.
Southern Vietnam province completes site clearance for $3 bln LNG power project
Long An province in southern Vietnam has completed site clearance for the Long An 1 and Long An 2 LNG-to-power project that has a combined investment of $3.13 billion and a capacity of 3,000 MW.
Minister vows to keep lid on fuel and power prices
Energy Minister Pirapan Salirathavibhaga insists that the government will continue to cap domestic energy prices, notably diesel and electricity, to help consumers and businesses deal with the economic slowdown.
