Environmental organizations accuse the Asian Development Bank (ADB) of indirectly financing coal-fired power plant projects in Indonesia, despite its pledge not to support fossil fuels.
Singapore’s Energy Market Authority has awarded Surbana Jurong a $16 million contract for a national geophysical survey, assessing the country’s geothermal potential.
TotalEnergies announced the acquisition of 50% of Sapura Upstream Assets in SapuraOMV for $530 million, consolidating its position in the Malaysian gas industry.
Malaysia is embarking on an ambitious energy reform by liberalizing access to gas infrastructure under the TPA framework. A measure that promises to increase competition in the market and bring significant improvements.