Excise to study reworked EV taxes

Finance Minister Arkhom Termpittayapaisith has ordered the Excise Department to study the excise tax structure on electric vehicles (EV) to promote industry development and lower the price of EVs.

Towards achieving 1 million BOPD, 12 BSCFD production targets

Indonesia is one of the fastest growing economies in the world, which also drives up the demand for energy. The country has been a net oil importer since 2003, owing to the high domestic demand for energy and declining national oil production.

Plan to power up energy sector

Providing a sufficient source of energy to facilitate Vietnam’s industrialisation and modernisation while also ensuring national energy security remained a challenge as Vietnam and the region are importing more and more energy.

Singapore state fund invests P20 billion in AC Energy

MANILA, Philippines — An affiliate of Singapore state fund GIC Private Ltd. is looking to acquire a 17.5-percent stake in AC Energy Philippines Inc. (ACEN) through a deal valued at approximately P20 billion.