Relax regional coal phase-out ambitions, Asean energy report urges
Southeast Asia’s green finance rulebook should not hinge on a global net-zero pathway more suited for rich nations, and should call for a slower “phase-down”, says an intergovernmental think tank.
Twenty-nine renewable energy projects connected to national grid
Twenty-nine renewable energy projects with a total capacity of more than 1,577 MW have been supplying energy to the national power grid.
President Jokowi Applauds Indonesia-ADB Partnership, Urges Energy Transition Support
President Joko Widodo lauded the enduring 57-year partnership between Indonesia and the Asian Development Bank (ADB), particularly in navigating various crises, including post-pandemic economic recovery. Expressing gratitude for the longstanding collaboration, President Widodo emphasized the need to bolster this relationship, especially in advancing Indonesia’s energy transition agenda.
Vietnam vows to digitize greenhouse-gas emissions inventory
To reduce emissions to zero by 2050 as committed by the government of Vietnam at COP26, the Ministry of Natural Resources and Environment (MONRE) has joined forces with agencies to submit to the Prime Minister a list of business fields and facilities that must carry out greenhouse-gas emission inventory.
Malaysia to cut diesel subsidies, saving $852 million annually
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 billion ringgit ($852 million) annually, Prime Minister Anwar Ibrahim said on Tuesday.
Fourth LNG shipment reaches Vietnam’s port
Vietnam Gas Corporation (PV GAS), a subsidiary of state-owned PetroVietnam, has welcomed its fourth liquefied natural gas (LNG) shipment at the country’s Cai Mep – Thi Vai port.
Sabah extends crude oil cargo S&P agreement with Shell for three more years
Sabah has extended the ongoing sales and purchase agreement (SPA) with Shell International Eastern Trading Company (SIETCO) for another three years, starting next month.
VN wants to develop renewable power sources by using ‘direct purchases’
Electricity of Vietnam (EVN) president Dang Hoang An believes that it is possible to create a direct power purchase market with no limitations in terms of buyers and sellers.
