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  • Oil & Gas
31 January 2024

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  • Thailand

Thailand’s national upstream company PTTEP is planning this year to invest $6.721 billion in oil, gas and clean energy projects both on its home turf and overseas, with the goal of boosting petroleum production by about 9% versus 2023 to 505,000 barrels of oil equivalent per day.

  • Electricity/Power Grid
31 January 2024

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  • Philippines

Amidst rising fuel costs, the National Power Corp. (NAPOCOR) has proposed an increase in power rates in off-grid areas, which could lead some households to pay up to Php 9.7068 per kilowatt-hour (kWh), a 17.54% hike in the electric bill.

  • Energy Cooperation
  • Renewables
31 January 2024

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  • Indonesia

Indonesia’s state-owned electricity company PT PLN (Persero) has re-established an MOU with Tanzania Electric Supply Co Ltd (Tanesco) with the aim of supporting geothermal development in Tanzania.

  • Eco Friendly Vehicle
  • Energy Storage
30 January 2024

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  • Vietnam

Vietnam’s Vingroup Company has expressed interest in investing in the Philippines particularly in electric vehicle (EV) battery production during President Ferdinand R. Marcos Jr.’s state visit to Vietnam on Monday.

  • Energy Transition
  • Renewables
30 January 2024

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  • Philippines

The Responsible Energy Initiative (REI) Philippines, a program advocating for energy transition, urged the Philippine renewable energy (RE) industry to reexamine its strategies to make sure that infrastructure development continues to safeguard the environment and communities around them.

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