Philippines

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.
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.

Multilateral climate funds redirect energy finance towards emerging markets

Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
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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 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.

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.
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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.
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.
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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 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.

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.
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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.
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.

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.
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Alinta Energy has appointed GenusPlus Group to build the first phase of the Reeves Plains Energy Hub Battery, a high-capacity storage facility designed to support grid stability in South Australia.
The Australian government is considering the establishment of an east coast gas reservation as part of a sweeping review of market rules to ensure supply, with risks of shortages signalled by 2028.

Global microgrid market to reach 191 billion dollars by 2033

Estimated at 40.9 billion dollars in 2024, the global microgrid market is expected to grow at an average annual rate of 19.28% to reach 191.01 billion dollars by 2033, driven notably by innovative energy contracts.
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The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.
Estimated at $613.57bn in 2025, the global photovoltaic market is expected to reach $968.32bn by 2030, driven by declining costs and growing demand from residential and utility sectors, according to a MarketsandMarkets analysis published on June 26.
Citicore Renewable Energy Corporation (CREC) has signed a 2 GW agreement with Trinasolar to supply its solar projects, aiming to support the Philippines' renewable energy ambitions.
The Australian Renewable Energy Hub project, one of the world’s largest, aims to produce green hydrogen and ammonia for Asian and domestic markets. Expected to launch in the 2030s, it sets a model for decarbonization.

The Asia-Pacific Faces Carbon Capture Challenges to Reduce Upstream Emissions

With growing emissions in the oil and gas sectors, the Asia-Pacific is exploring carbon capture and storage (CCS) solutions to meet climate goals, but the lack of a unified strategic framework hinders progress.
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Indonesia Expels Chinese Vessel for the Third Time This Week
An NGO report warns of environmental risks associated with oil and gas concessions in the "Coral Triangle," one of the world’s richest marine ecosystems, threatened by maritime traffic and oil spills.

Copenhagen Energy accelerates its wind projects in the Philippines with the Green Lane Certification

Copenhagen Energy has obtained the Green Lane Certification for its BuhaWind projects in the Philippines, facilitating the rapid implementation of wind farms and contributing to the country's energy transition.
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Southeast Asia's increasing energy demand will take center stage, according to Fatih Birol of the International Energy Agency (IEA). Ensuring the security of energy flows amid geopolitical turmoil is paramount for the region.
Nexif Ratch Energy has completed the financial phase of its 145MWp Bacolod Solar Project in the Philippines, marking a significant step in the development of renewable energy in the region.

Adani Group Accelerates Its Global Expansion with 10 GW of Hydroelectric Projects

Adani Group, a leader in renewable energy, plans to develop 10 GW of hydroelectric capacity in several Asian and African countries, including Bhutan, Nepal, Kenya, and Vietnam, to strengthen its green portfolio and achieve carbon neutrality by 2050.
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A Rockefeller Foundation-led initiative aims to prematurely close coal-fired power plants in developing countries using carbon credits to reduce CO₂ emissions.
With its vast geothermal resources, Alaska is positioning itself as a strategic pillar for the US energy policy in the Indo-Pacific, supporting key regions such as Taiwan, Japan, and the Philippines with sustainable and local production.

Colombia Accelerates the Development of its Geothermal Potential

Colombia is intensifying the development of geothermal energy to diversify its energy mix. The country is relying on public-private partnerships and favorable regulations to attract the necessary investments.
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National Grid concludes the sale of its remaining shares in National Gas Transmission, confirming its withdrawal from the gas sector to focus on electricity infrastructure.
The Australian government is extending the operation of three coal mines, raising questions within the energy sector about the impact of this decision on climate commitments and the transition to renewable energies.

Macquarie invests USD 1.73 billion in D.E. Shaw’s renewable energy business

Macquarie Group announces a minority investment in D.E. Shaw Renewable Investments to strengthen its presence in the U.S. renewable energy market.
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The thermal coal derivatives market rose by 4% in August, supported by volatile prices, mainly in Europe. Volumes reached 32.3 million metric tons, according to data from the London Energy Brokers Association (LEBA).
The U.S. Department of Energy is funding 25 projects to boost domestic battery production, reducing strategic dependence on China.

Sharp rise in Australian carbon credits expected by 2025

The price of Australian Carbon Credit Units is set to jump by 56% between now and 2025, according to ANZ forecasts. Prices in New Zealand and China remain stable, in the face of less restrictive policies.
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Iberdrola inaugurates its 496 MW offshore wind farm at Saint-Brieuc, boosting Brittany's energy capacity and contributing to the expansion of offshore wind power in France.
Energy information systems are a strategic lever for governments to monitor their energy transition and decarbonization objectives, but their implementation remains uneven.