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Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
JETP, a G7-backed initiative, promises to finance the energy transition of developing nations. However, financing delays and structural obstacles are holding back the achievement of climate goals in countries such as South Africa, Indonesia, Vietnam and Senegal.
JETP, a G7-backed initiative, promises to finance the energy transition of developing nations. However, financing delays and structural obstacles are holding back the achievement of climate goals in countries such as South Africa, Indonesia, Vietnam and Senegal.
Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
Vietnam faces major energy challenges, with soaring demand and delays in key projects. The government plans to revive nuclear power and increase solar capacity to diversify its energy sources.
Vietnam faces major energy challenges, with soaring demand and delays in key projects. The government plans to revive nuclear power and increase solar capacity to diversify its energy sources.
South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes.
South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes.
Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.
Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.
Singapore is exploring partnerships with Australia and Southeast Asia to diversify its energy sources, in response to growing demand and its decarbonization objectives.
Singapore is exploring partnerships with Australia and Southeast Asia to diversify its energy sources, in response to growing demand and its decarbonization objectives.
Norwegian energy giant Equinor is pulling the plug on its offshore wind projects in Vietnam, citing regulatory delays and a strategic reassessment, which could put the brakes on energy ambitions in this fast-growing market.
Norwegian energy giant Equinor is pulling the plug on its offshore wind projects in Vietnam, citing regulatory delays and a strategic reassessment, which could put the brakes on energy ambitions in this fast-growing market.
The offshore wind sector is on course to exceed 520 GW of installed capacity by 2040, despite logistical challenges, with a strong concentration in Europe thanks to floating wind.
The offshore wind sector is on course to exceed 520 GW of installed capacity by 2040, despite logistical challenges, with a strong concentration in Europe thanks to floating wind.
Despite a political crisis and protests crippling the economy, electricity demand in Bangladesh jumped by 7%, mainly due to increased use of air conditioners as a result of high temperatures.
Despite a political crisis and protests crippling the economy, electricity demand in Bangladesh jumped by 7%, mainly due to increased use of air conditioners as a result of high temperatures.

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