Eni announces significant gas discovery in Indonesia’s Kutei Basin

Italian oil and gas company Eni has announced a significant gas discovery at its Geng North-1 exploration well in Indonesia. The well sits approximately 85km off the coast of Indonesia’s East Kalimantan province. Preliminary estimates suggest a total discovered volume of five trillion cubic feet (tcf) of gas. Analysis of the gathered data will allow the […]
Singapore Exchange launches its first ammonia futures contracts

SINGAPORE: The Singapore Exchange launched on Monday its first ammonia swap and futures contracts aimed at meeting hedging needs from the power sector as interest in the energy- transition fuel grows.
EVN begins $45M line construction to import electricity from Laos

National utility Vietnam Electricity (EVN) will spend VND1.1 trillion ($45.26 million) to connect a power plant in Laos with Vietnam’s grid to import electricity.
Marcos urged to extend suspension of pass-through charges to electricity bills

MANILA, Philippines — A consumer advocacy group asked President Ferdinand Marcos Jr. to halt the imposition of pass-through charges on electricity bills, aligning with his recent decision to suspend pass-through fees levied by local government units on motor vehicles carrying goods or merchandise.
Putting renewable energy within reach: Vietnam’s high-stakes pivot

Vietnam’s long-awaited Power Development Plan VIII (PDP8) has recently been approved, setting ambitious renewable-energy goals for 2030—similar to the recommendations for Vietnam to embrace renewables set out in our 2019 article, “Exploring an alternative pathway for Vietnam’s energy future.” These goals are focused on boosting renewable energy while reducing the country’s reliance on coal. This presents […]
Thailand EV sales shatter forecasts

Thailand EV sales shatter forecasts but sales could slow next year after surprisingly strong 2023 if subsidies are not extended, according to BMI
Solarvest acquires Vietnamese solar projects

Developing geothermal energy from nothing: Scientists on unearthing a potential energy source in Singapore

SINGAPORE: A stone’s throw away from Singapore’s only hot spring park is an inconspicuous field belying an underground store of energy.