Vietnam Electricity reports losses of $635 mln

Vietnam Electricity (EVN) posted losses of VND15.758 trillion ($635.4 million) between January and October, with higher fuel prices a major contributing factor. EVN said fluctuations in the world prices of coal, oil and gas since the beginning of this year have caused its production costs and purchase prices of electricity it bought from other power […]

Azerbaijan to expand co-op with Vietnam in oil industry, renewables

The discussions on the expansion of the cooperation with Vietnamese companies in the fields of oil refining and renewable energy were held during the meeting of Azerbaijan’s Minister of Energy, Parviz Shahbazov, with the delegation led by Deputy Chairman of the Foreign Relations Commission of the Communist Party of Vietnam, Nguyen Thi Hoang Van, Trend […]

ACWA Power, PTT Public Company Limited and Electricity Generating Authority of Thailand set to support Thailand’s decarbonisation aspiration

Riyadh, Saudi Arabia/ Bangkok, Thailand: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide; PTT Public Company Limited (PTT), Thailand’s national integrated  energy company; and Electricity Generating Authority of Thailand (EGAT), an electric power related state-owned enterprise which aims to secure the power reliability under the […]