Vietnam

Indonesia: Radioactive traces found in 22 industrial sites after US shrimp recall

Indonesian authorities identified traces of caesium-137 in 22 facilities near Jakarta following the recall of contaminated shrimp exported to the United States by a local producer.

Vietnam proposes tax refunds to boost domestic bioethanol production

Hanoi is preparing a tax relief plan for biofuel producers to support domestic ethanol output ahead of the E10 mandate rollout planned for 2026.

China opts for quarterly thermal coal contracts with Indonesia for 2026

Chinese buyers begin negotiations for 2026 thermal coal deliveries, favouring shorter contracts to maintain flexibility in a stable price environment.
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Indonesia approves 10% mandatory bioethanol blend in gasoline

The Indonesian government plans to mandate a 10% bioethanol blend in gasoline to reduce fuel imports and support the local ethanol industry.

China’s clean tech exports reach $20bn in August

China set a record for clean technology exports in August, driven by surging sales of electric vehicles and batteries, with more than half of the growth coming from non-OECD markets.

PT SMI invests $144.9mn in key geothermal power plant in Indonesia

State-owned PT SMI financed 65% of the Ijen geothermal plant, recently inaugurated, while continuing social responsibility programmes in East Java province.
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Thailand and Japan boost US crude imports amid geopolitical tensions

Faced with risks to Middle Eastern supply chains, Thai and Japanese refiners are turning to US crude, backed by tariff incentives and strategies aligned with ongoing bilateral trade discussions.

Shizuoka Gas closes tender for seven-year LNG contract starting 2027

The Japanese company has completed the first phase of a tender for five annual cargoes of liquefied natural gas over seven years starting in April 2027, amid a gradual contractual renewal process.

Neoen surpasses 3 GWh of storage in Western Australia with Muchea and Collie 2

Neoen has launched construction of its first long-duration battery in Muchea and commissioned the second stage of Collie Battery, bringing its storage capacity in Western Australia to 3,145 MWh.
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Queensland coal mining costs remain high despite falling prices

Queensland coal producers are struggling to rein in costs, which remain above pre-2022 levels as the impact of royalty hikes and margin pressures continues to weigh on the sector.

Australia: Government excludes hydrogen and used oils from bioenergy strategy

Australia refocuses its national biomass plan on agriculture and forestry, excluding green hydrogen and urban waste from eligible feedstocks.

Energy Fuels raises $700mn through convertible notes to support project expansion

Energy Fuels has completed a $700mn fundraising through 0.75% convertible notes, aimed at supporting its rare earth and uranium projects.
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U.S. uranium purchases reach 55.9 million pounds in 2024

Uranium deliveries to U.S. civilian operators rose 8% in 2024, while the average price climbed to its highest level since 2012, according to the latest available data.

DRC caps cobalt exports at 96,600 tonnes until 2027

Kinshasa replaces export ban with a quota system covering just half of its output, triggering a price surge and global supply tensions.

Petronas Gas separates regulated and non-regulated activities in major reorganisation

Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
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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.

Marubeni creates power trading joint venture with SmartestEnergy in Japan

Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.

Neoen launches 905 MWh long-duration battery and commissions Collie 2 in Australia

Neoen begins construction of its first six-hour discharge battery in Western Australia and commissions the second phase of Collie, surpassing 3 GWh of storage capacity in the State.
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Thailand can save $1.8 billion by boosting solar and battery capacity

An alternative energy scenario proposes increasing solar and storage capacity by 2037 to reduce fossil fuel dependence and cut electricity generation costs in Thailand.

Transgrid to mobilise up to 5 GW of batteries to stabilise New South Wales grid

Transgrid plans to contract up to 5 GW of grid-forming batteries to strengthen the stability of New South Wales’ electricity network during the energy transition.

Envision Energy and FERA Australia launch major hybrid wind and storage project

Envision Energy and FERA Australia announce an agreement to develop up to 1 GW of wind and 1.5 GWh of storage on the Australian market, laying the foundation for a new hybrid power plant model.

BHP considers Australian “green iron” sector too costly despite China talks

Mining group BHP sees low-emission iron production in Australia as unprofitable, just as Canberra and Beijing announce closer cooperation to decarbonise the global steel industry.

Governments extend their stockpiles to cover 98 % of global oil

The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
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TNB, Petronas and Terengganu Inc launch green hydrogen hub and hybrid solar in Malaysia

Malaysia reaches a decisive milestone in its energy roadmap with the launch of a hybrid floating hydro-solar project and the first large-scale green hydrogen hub in the state of Terengganu.

Falcon Oil & Gas sets initial production record at Beetaloo site in Australia

Falcon Oil & Gas Ltd announces a new record initial flow test result at the Shenandoah S2-2H ST1 well and the start of its 2025 drilling campaign in the Beetaloo Basin.

Technip Energies signs major contract for floating natural gas unit in Africa

Technip Energies has secured a contract to lead preparatory works for a floating liquefied natural gas unit in Africa, confirming its presence in the international gas infrastructure market.
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Rio Tinto: five strategic priorities to close a 40% valuation discount

Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.

EnergyX acquires 35,000 acres of US lithium from Pantera Lithium

Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.

Indonesia Increases Its Energy Purchases from the United States: A Major Deal with Pertamina

Indonesia has signed a memorandum of understanding with the United States to increase its energy imports. This deal, involving Pertamina, aims to diversify the country's energy supply sources.
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BRICS Launch Their Own Climate Finance Framework and Reject CBAM

BRICS adopt a joint financial framework aimed at supporting emerging economies while criticizing European carbon border tax mechanisms, deemed discriminatory and risky for their strategic trade relations.

PTT Oil posts record profit and accelerates expansion in Asia

PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.

Petronas Launches Strategic Drilling Campaign Offshore Suriname

Petronas begins a three-well exploratory drilling campaign offshore Suriname, deploying a Noble rig after securing an environmental permit and closely collaborating with state-owned company Staatsolie.
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BRICS: solar production exceeds 50% of global total in 2024

Emerging economies from the BRICS group now account for more than half of global solar electricity production in 2024, driven mainly by China, India, and Brazil, according to a new report by the organisation Ember.

Singapore sets SAF aviation levy until 2028 despite fuel price volatility

Singapore announces fixed airline ticket levy dedicated to Sustainable Aviation Fuel (SAF) procurement, maintaining unchanged amounts from 2026 to 2028, regardless of significant fluctuations in global fuel prices.

Atmos Renewables finances major energy storage project in Australia

Atmos Renewables has completed financing for a 100 MW battery energy storage system in Western Australia, marking the company's first asset of this type in the region and strengthening its presence in the Australian energy market.
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Iberdrola launches metocean studies for Australian offshore wind farm

Iberdrola Australia secures crucial approval from Australian authorities to begin metocean studies for its 3GW Aurora Green offshore project off the coast of Victoria, marking a decisive stage in its development.

BHP signs with COSCO to charter two ammonia-powered bulk carriers

BHP has signed contracts with COSCO Shipping to charter two ammonia-powered Newcastlemax bulk carriers, primarily for transporting iron ore between Western Australia and Northeast Asia starting from 2028.

Global investments of $1.2 trillion needed for energy storage by 2034

A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
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CBAK Energy invests $357 million in Malaysia with Anker Innovations

CBAK Energy and Anker Innovations jointly launch a battery cell manufacturing facility in Malaysia, with a commercial potential estimated at $357 million, further strengthening their strategic partnership in the lithium-ion battery sector.

Stanwell withdraws from CQ-H2 hydrogen project in Australia, impact on the sector

Stanwell announces the end of its participation in the Central Queensland Hydrogen Project, a major international hydrogen production initiative, raising questions about the sector's outlook in the region.