ADB, PLN to pilot issuance of energy transition bonds in 2021
The Asian Development Bank (ADB) and state-owned electricity giant PLN aim to issue PLN’s first-ever “sustainable transition bonds” next year as the power company seeks to improve its green energy credentials.
Indonesia’s Arutmin granted coal mine licence extension
Indonesian coal producer Arutmin has been given a 10-year extension to its mining licence by the country’s energy ministry (ESDM), ending a year-long review process after the company filed for a contract extension in October last year.
Uncovering hidden talents in IT industry
Brunei Shell Petroleum Company Sdn Bhd (BSP) and Brunei LNG Sdn Bhd (Brunei LNG), in collaboration with DARe (Darussalam Enterprise) and LiveWIRE Brunei Sdn Bhd, held a market engagement session with over 10 local Information Technology (IT) companies and start-ups at the DARe iCentre yesterday.
Malaysia’s Petronas eyes net-zero emissions by 2050
Malaysian oil and gas producer Petronas has announced an aspiration to achieve net-zero emissions by 2050, making it the first state-owned Asian energy company to set such a goal.
CIP JV awards Vietnamese offshore double
A joint venture of Copenhagen Infrastructure Partners (CIP), Asia Energy Petroleum and Novasia Energy has awarded two contracts for site investigations at the 3500MW La Gan offshore wind farm in Vietnam.
Coal will power Cambodia in the wrong direction
Cambodia’s coal plans will hit its renewables advantage and put off outside investors, writes Peter Ford, Environmental Programme Responsible for Cambodia, Vietnam and Myanmar at H&M Group.
Indonesian coal exporters don’t expect ‘real recovery’ until H2 next year
Indonesian coal mining firms expect global coal demand to recover in mid-2021 as economies around the world heal from COVID-19, even though volumes will remain below pre-pandemic levels.
Indonesia’s commitment to handling climate change undeterred: Minister
Jakarta (ANTARA) – Finance Minister Sri Mulyani Indrawati expressed strong belief in the Indonesian government’s commitment to handling issues on climate change despite its current emphasis on tackling the COVID-19 pandemic.
