Petronas and Vestigo Petroleum ink PSC for Sabah Gas Fields
Petroleum Nasional Bhd (Petronas) has signed a small field asset (SFA) production sharing contract (PSC) with Vestigo Petroleum Sdn Bhd for a discovered resource opportunity cluster marketed under the Malaysia Bid Round Plus (MBR+).
Gentari Partners With Zurich Malaysia to Promote Green Mobility and Renewable Energy Adoption
Clean energy solutions provider Gentari Sdn Bhd (Gentari), through its subsidiary Gentari Green Mobility Sdn Bhd, has signed a Memorandum of Understanding (MoU) with insurance and takaful operator Zurich Malaysia.
Thailand to Offer Incentives for Used EV Battery Refurbishment
Thailand’s Board of Investment (BOI) has recently announced new incentives aimed at refurbishing used electric vehicle (EV) batteries. According to the BOI, this initiative is part of the country’s strategy to expand EV manufacturing under its targeted S-curve industries.
EGAT Accelerates Third Hydro-Floating Solar Hybrid Project At Srinagarind Dam To Support Carbon Neutrality Goals In Thailand
The Electricity Generating Authority of Thailand (EGAT) is fast-tracking the development of its third Hydro-Floating Solar Hybrid project at Srinagarind Dam. This initiative aims to bolster clean energy generation and support the nation’s Carbon Neutrality goals.
TH-SG wind and solar power projects fast tracked by PH govt
In a move to advance sustainable investments in the country, the Board of Investments (BOI) granted Nexif Ratch Energy Investments Pte. Ltd. (NREI) the Certificate of Endorsement for Green Lane services on June 11, 2024. The endorsement supports the company’s solar and wind power projects in Camarines Sur, managed by its subsidiaries Calabanga Renewable Energy […]
Direct power purchase pilot project approved
The National Energy Policy Council (NEPC) has approved a pilot project that will allow businesses to purchase electricity directly from power producers. The move is a response to requests from foreign investors, particularly energy-intensive data centre operations, about the possibility of direct power purchase agreements (PPAs) that would help them better manage energy costs.
Pertamina Launches Sustainable Finance Framework to Support Energy Transition and Green Projects
Pertamina published its debut Sustainable Finance Framework (Framework) which deepens the integration of its sustainability ambition into its financing strategy, thereby enabling Pertamina and/or its subholdings/subsidiaries to tap the market for financing of Green and Transition related projects.
Sophalleth Leads Charge in Battle Against Climate Change
In an exclusive interview with the Khmer Times, Minister of Environment Eang Sophalleth detailed Cambodia’s comprehensive initiatives to combat climate change, emphasising the country’s commitment to sustainable development and environmental conservation.