Malaysia

After a hiatus of more than four years, Myanmar has resumed liquefied natural gas deliveries, receiving a half-cargo in November to supply two state-funded power generation projects.
The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.

Tilda deploys AI-based energy optimisation in Vietnam’s industrial sector

South Korea’s Tilda accelerates its entry into Vietnam with an artificial intelligence-based energy optimisation solution for solar and energy storage systems in the manufacturing sector.
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Indonesia plans $31bn in investments by 2030 to decarbonise captive power, but remains constrained by coal dependence and uncertainty over international financing.
The delivery of nuclear fuel by Russian subsidiary TVEL to the Da Lat research reactor marks a key step in strengthening the nuclear commercial partnership between Moscow and Hanoi.

Jinhong Gas invests in Spain with a strategic cryogenic unit

Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
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Indonesia’s coal overproduction has cut state revenues and company profits, while methane emissions from mines far exceed official figures.
OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.

Pembina and PETRONAS sign 20-year agreement for Cedar LNG liquefaction capacity

Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.
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NU E Power Corp. acquires 500 MW of hybrid projects from ACT Mid Market Ltd. to support the global expansion of its artificial intelligence and Bitcoin mining infrastructure.
Ormat Technologies reported a rise in revenue for the third quarter, supported by solid performances in its Product and Storage segments, and revised its 2025 annual guidance upward.

Mitsubishi Power to equip Vietnamese plant in natural gas conversion project

Mitsubishi Power will supply equipment to convert an oil-fired thermal power plant to natural gas in southern Vietnam.
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Sinopec finalised supply agreements worth $40.9bn with 34 foreign companies at the 2025 China International Import Expo, reinforcing its position in the global petroleum and chemical trade.
Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.

EVE Energy and EVO Power sign strategic agreement for their expansion in Australia

EVE Energy will supply 2.2 GWh of storage systems to EVO Power over five years, supporting the large-scale deployment of front-of-meter solutions in the Australian market.
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Current emission trajectories put the planet on course for a 2.3°C to 2.5°C rise, according to the latest UN calculations, just days before the COP30 in Belem.
Dragon Oil, a subsidiary of Emirates National Oil Company, partners with PETRONAS to enhance technical and commercial cooperation in oil and gas exploration and production.

Eni and PETRONAS Create an ASEAN Upstream NewCo, $15B in Investments

The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.
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GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
Euglena, Petronas and Eni have approved a $1.3 billion investment in a biorefinery in Malaysia, to be operational in 2028, to produce sustainable biofuels.
Italian hydrocarbon giant Eni saw its second-quarter net profit jump 125% to €661 million, against a backdrop of rising oil prices. These results beat expectations and reflect strong growth in renewable energy production and biorefining.

Ormat signs 15-year energy storage contract with Riverside

Ormat Technologies and Riverside sign agreement for 80 MW/320 MWh storage project in California.
Accord de stockage énergétique Ormat
Malaysia aims to become a leader in electric vehicles in Southeast Asia through massive investment and government initiatives.
For the first time in ten years, Pertamina includes Russian oil in its September tender.

Hodeidah terminal on fire following Israeli strikes in response to Houthis

The port of Hodeidah in Yemen is in flames after Israeli strikes in retaliation for a Houthi drone attack on Tel Aviv, exacerbating regional tensions and threatening the flow of goods.
Conflit Hodeidah et tensions régionales
The oil tanker Ceres 1, involved in a collision with the Hafnia Nile, was intercepted by the Malaysian Coast Guard, raising questions about its disappearance.
Banle Energy, in partnership with Green Marine Supply and Armada Meridian, has successfully completed the first bunkering of B24 biofuel in Port Klang for Yang Ming Marine Transport Corporation. This development is part of a global initiative to reduce greenhouse gas emissions in the maritime sector.

Vietnam reforms and modernizes its power purchase mechanism

Vietnam's new Direct Power Purchase Arrangement (DPPA) promises to boost the adoption of renewable energies, although challenges remain regarding grid connectivity.
Mécanisme d'achat direct d'énergie
The Jakarta Administrative Court has overturned the revocation of the Rimba Raya project's license, potentially allowing the carbon credit project to resume operations.
JinkoSolar, RELC and VI announce a $1 billion investment for a solar cell and module production plant in Saudi Arabia with an annual capacity of 10 GW.

SunCable obtains environmental approval for AAPowerLink project

SunCable has received environmental approval from the Northern Territory Government for its AAPowerLink project, paving the way for its development.
SunCable AAPowerLink obtient approbation
Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
The Vietnamese government has announced a plan to purchase excess solar energy produced by residential and commercial rooftops, reinforcing its commitment to renewable energy.

Exponential growth in the industrial gases market driven by renewable energies

Growing demand for photovoltaics and hydrogen is driving the expansion of the industrial gases market, forecast to reach 158.19 billion USD by 2034.
Croissance gaz industriels énergie
Malaysia plans to achieve 40% renewable energy capacity by 2035, building on its untapped potential, according to an analysis by GlobalData.
Offshore gas production in Southeast Asia could reach $100 billion by 2028, with massive investment and recent discoveries in Indonesia and Malaysia, according to Rystad Energy.

Solar Photovoltaic Glass Market to Reach 135.33 Billion USD by 2030

The global solar photovoltaic glass market is forecast to grow by 29.34% annually to reach 135.33 billion USD by 2030, according to Maximize Market Research.
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Mokpo National University launches the world's first institute dedicated to modular reactor ships (SMR), aiming to revolutionize the maritime industry towards carbon neutrality.
Coal's share of the energy mix in the Philippines and Indonesia continues to grow, holding back the development of renewable energies, according to a recent report.