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.
SK Innovation takes a 20% stake in the G-15-AP project in Australia, marking a shift towards decarbonization and diversification of its energy activities.
SK Innovation takes a 20% stake in the G-15-AP project in Australia, marking a shift towards decarbonization and diversification of its energy activities.
Harbour Energy confirms the progress of its Talbot project in the North Sea, with commissioning scheduled by the end of 2024, aimed at increasing oil and gas production.
Harbour Energy confirms the progress of its Talbot project in the North Sea, with commissioning scheduled by the end of 2024, aimed at increasing oil and gas production.
Hai Linh Co.
Ltd. becomes the first private company in Vietnam to obtain a license to import and export liquefied natural gas (LNG), marking a key milestone for the country's energy industry.
Hai Linh Co.
Ltd. becomes the first private company in Vietnam to obtain a license to import and export liquefied natural gas (LNG), marking a key milestone for the country's energy industry.
Vietnam is aiming for 15% of its power capacity to be LNG-fired by 2030, but a controversial price cap could jeopardize this goal by discouraging investment and making projects economically unviable.
Vietnam is aiming for 15% of its power capacity to be LNG-fired by 2030, but a controversial price cap could jeopardize this goal by discouraging investment and making projects economically unviable.
Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.
Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.
Vietnam's new Direct Power Purchase Arrangement (DPPA) promises to boost the adoption of renewable energies, although challenges remain regarding grid connectivity.
Vietnam's new Direct Power Purchase Arrangement (DPPA) promises to boost the adoption of renewable energies, although challenges remain regarding grid connectivity.