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The government needs to issue fiscal measures such as cutting fossil fuel subsidies and providing renewable energy incentives to slow climate change and to ensure sustainable post-pandemic development of the economy, experts say.
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Effected by the pandemic, geothermal development in Indonesia sees some delay with the addition. of three new plants scheduled for 2020 now being pushed to the first half of 2021. The three plants, Rantau Dedap, Sorik Marapi Unit 2 and Sokoria Unit 1 have a combined capacity of 140 MW.
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Malaysia is seeking to reduce its reliance on oil and gas revenues, forecasting a near 25pc fall in total petroleum revenues to 37.8bn ringgit ($9.2bn) next year as the Covid-19 pandemic continues to batter global crude prices.
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MALAYSIA, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business, and made its first delivery in the southern state of Johor this week, the country’s marine department said on Tuesday.
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HANOI (Vietnam News/ANN): The Ministry of Finance is working with ministries to issue green bonds next year, an official said.
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Dams are infrastructures built to control river flow and store large amounts of water in artificial lakes or reservoirs.
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Indonesia’s energy ministry (ESDM) has drafted initial regulations setting out the legal framework for implementing a royalty exemption for coal producers entering into the downstream coal industry.
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.
