Vietnam

China could supply gasoline to Russia if Moscow removes import duties

The potential removal by Moscow of duties on Chinese gasoline revives export prospects and could tighten regional supply, while Singapore and South Korea remain on the sidelines.

ASEAN reignites regional energy integration with cross-border electricity grid

The ASEAN Power Grid enters a strategic phase with renewed support from regional and international institutions to structure electricity trade among member states and secure the necessary investments.

Exxon to cut up to 500 jobs in Singapore as part of global restructuring

Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
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Kandla launches green methanol project to capture flows between Singapore and Rotterdam

Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.

Vena Energy commissions 7.5 MW onshore wind farm in Nagasaki

Singapore-based developer Vena Energy has launched operations at its third wind power plant in Japan, located in Saikai, Nagasaki Prefecture, with a grid-connected capacity of 7.5 MW.

Gresham House acquires SUSI Partners to become a leading European energy player

UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
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TenneT secures equity funding for Germany via three European investors

TenneT Holding has reached an agreement with APG, GIC and NBIM to finance the expansion of the German high-voltage grid, securing its capital needs for the coming years.

Southeast Asia’s power demand drives massive integration of solar and wind

Southeast Asia, facing rapid electricity consumption growth, could tap up to 20 terawatts of solar and wind potential to strengthen energy security.

GasHub deploys LNG infrastructure for major food manufacturer in Singapore

H2G Green Limited’s subsidiary completed the conversion of an industrial site from diesel to liquefied natural gas, marking a shift in local manufacturing energy demand.
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Singapore commits $55.6 million to forest carbon credits in Latin America and Africa

The Singaporean government has signed a contract to purchase 2.17 million mtCO2e of carbon credits from REDD+, reforestation and grassland restoration projects, with deliveries scheduled between 2026 and 2030.

Southeast Asia plans $208bn investment to develop nuclear power by 2050

Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.

Iraq in talks with ExxonMobil for refining capacities in Asia

SOMO is negotiating with ExxonMobil to secure storage and refining access in Singapore, aiming to strengthen Iraq’s position in expanding Asian markets.
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Monsoon Wind launches 600 MW and begins electricity exports to Vietnam

The 600 MW onshore wind farm in Laos achieves commercial operation four months early, injecting power into Vietnam via a 500 kV interconnection and consolidating an international financing package of $950mn.

ISDN acquires 51% of PT Funda to expand its hydropower assets in Indonesia

ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.

Verra and S&P Global Launch New Infrastructure to Boost Carbon Credit Markets

Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
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Gunvor Secures 20 Years of LNG from Mexican AMIGO LNG

Gunvor commits to 0.85 million tonnes per year of liquefied natural gas from AMIGO LNG, marking a strategic step forward for Asian and Latin American supply via the Guaymas terminal.

Low-carbon ammonia faces technical and financial challenges in shipping

According to the Oxford Institute for Energy Studies, the adoption of low-carbon ammonia in maritime transport faces economic, regulatory, and safety barriers, despite growing international pressure to reduce emissions from the global fleet.

Karpowership and Seatrium Partner to Deploy Floating LNG Power Plants

Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
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Maxeon Revises Strategy After USD 65 Million Loss in First Half

Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.

Vanda RE negotiates power purchase contracts in Singapore for Indonesian solar project

Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.

Vietnam Launches Pilot Carbon Market Targeting Three Major Industrial Sectors

Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.

TEPCO signs SGD35mn financing deal for rooftop solar projects in Singapore

Tokyo Electric Power Company signed a financing agreement with Bank SinoPac to support a 40 MW rooftop solar project in Singapore, marking a first for the group in the Asia-Pacific region.

Up to 30% of ASEAN data centres could be powered without batteries by 2030

A report by Ember shows ASEAN could supply nearly one-third of its data centres with wind and solar power by 2030 without storage, provided appropriate public policies are implemented.
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TotalEnergies and RGE secure key licence to export 1 GW of electricity to Singapore

Singa Renewables receives Singaporean approval to import Indonesian solar electricity, marking a strategic step forward in a regional project led by TotalEnergies and RGE.

SK Innovation Intensifies Oil Investments with New Projects in Asia

SK Innovation, through its subsidiary SK Earthon, is accelerating investments in offshore oil exploration projects in Southeast Asia, enhancing South Korea's energy security through a regional strategy focused on operational efficiency.

Ember forecasts solar and wind could power 30% of ASEAN data centres

Ember anticipates that a third of ASEAN data centre electricity demand could be met by wind and solar by 2030, without batteries, if appropriate political measures are implemented.
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Shell awards Mecpec Trading as Best Reseller in East Asia

Shell recognised Mecpec Trading for its 2023 fuel sales growth and contribution to Singapore's distribution network, with a 23% increase in total volume delivered.

Macron in Vietnam: France faces Russian-American nuclear agreements

Emmanuel Macron is visiting Vietnam as the country expands its nuclear partnerships, signing today an agreement with the American company Westinghouse, following recent cooperation with Russia, intensifying competition in this strategic market.

EMBER: ASEAN’s interconnected grids could unlock 30 GW of solar and wind energy

A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.
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Hanoi and Moscow accelerate nuclear power plant talks in Vietnam

Russia and Vietnam have signed a nuclear roadmap aimed at strengthening technological cooperation, including a commercial nuclear plant and a scientific centre by 2030.

Natural gas demand in Southeast Asia to surpass oil and coal by 2050

Driven by economic growth and renewable energy limitations, natural gas consumption in Southeast Asia is expected to nearly double by 2050, according to Wood Mackenzie.

US solar tariffs redirect supply flows to Southeast Asia

The US announcement of tariffs exceeding 3,500% on Southeast Asian solar panels is pushing manufacturers to shift focus toward high-potential regional markets.
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Platts expands low-carbon marine methanol assessments to Shanghai and Rotterdam

Platts has released its first low-carbon marine methanol price assessments in Shanghai and Rotterdam, enhancing price visibility for maritime transport and the alternative methanol value chain.

Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices

Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.

Maxeon restructures operations after 55% annual revenue drop

Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
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Oman signs 15-year deal with Amigo LNG to diversify LNG supply sources

OQ Trading has signed a long-term sales agreement with Amigo LNG in Mexico to purchase 0.6 million tonnes of liquefied natural gas annually, with deliveries scheduled to begin in 2028.

Durapower prepares a manufacturing facility in the United States for its lithium-ion batteries

Durapower is seeking partners to open a battery factory in the United States as part of its global expansion plan, with initial contacts scheduled during the ACT Expo in California.

TotalEnergies ENEOS installs a 28 MWp solar power plant at Samsung site in Vietnam

TotalEnergies ENEOS has launched its largest rooftop solar project in Vietnam to supply Samsung Electronics HCMC CE Complex operations in Ho Chi Minh City.
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Washington plans up to 3,521% tariffs on Southeast Asian solar panels

The United States plans to impose heavy tariffs on solar panels from four Asian countries, citing transnational subsidies supported by China.

Vietnam quadruples solar and wind targets in revised energy plan

The Vietnamese government has raised its renewable energy targets in a new version of its national energy plan, responding to continued growth in electricity demand.