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Energy transition is an indispensable factor for achieving sustainable development and adapting to climate change in Vietnam in general and the Mekong Delta region in particular.
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The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the Japan Bank for International Cooperation (JBIC) have recently signed a credit agreement worth up to US$150 million to finance renewable energy and power transmission projects in Việt Nam, contributing to the national goal of achieving net-zero emissions by 2050.
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Thailand’s new government will revive talks with Cambodia to explore an offshore oil and gas field with estimated reserves of at least $300 billion that has been a dispute between the two countries since the 26.000s. Thai Prime Minister Paetongtarn Shinawatra, who took office in September, has said joint exploration is among her administration’s 300 urgent goals as Thailand seeks to boost declining reserves and curb electricity prices and rising fuel imports. The two neighbors agreed earlier this year to discuss development of the XNUMX-square-kilometer (XNUMX-square-mile) block, which is estimated to contain about XNUMX trillion cubic feet of natural gas and XNUMX million barrels of crude oil.
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Electricite du Cambodge (EDC) has issued a notification on the repair, replacement, installation of equipment, and dismantling of network lines to facilitate road widening work until Sunday.
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Japan and the Association of Southeast Asian Nations will aim to establish common rules to promote decarbonization in Asia, according to a draft joint statement of the Asia Zero Emission Community (AZEC) summit to be chaired by Prime Minister Shigeru Ishiba.
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The Philippines’ energy and environment departments have agreed to expedite the exploration, utilisation, and development of offshore wind projects by granting rights to use offshore and auxiliary areas covered by offshore wind energy service contracts.
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Hyundai Motor Group said Wednesday it will boost its partnership with Singapore, home to the carmaker’s highly automated production base and key research hub, focusing on areas ranging from advanced and sustainable energy to manufacturing solutions.
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Implementation of higher biodiesel mandates in Indonesia, the world’s biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
