PTT Unveils 2019 Budget of USD 14 Billion for Expansion

Feb 1, 2019

PTT Plc, the national oil and gas conglomerate with five subsidiary companies is allocating a 2019 budget for all business expansion worth a combined THB 450 billion. A large part of the budget will be spend on projects in the government’s Eastern Economic Corridor...

Two New Wind Power Projects Approved in Vietnam’s Quang Tri Province

Feb 1, 2019

Two companies have obtained approval from the provincial government to develop wind power projects in Quang Tri Province in Vietnam. Huong Phung Wind Power Company Limited will develop Huong Phung 3 Wind Power Plant in Huong Phung Commune, Huong Hua District, with a...

Indonesian Energy Ministry Approves Merakes Development Project

Jan 1, 2019

In December 2018, the Minister of Energy of Indonesia approved Eni’s investment plan for the Merakes project, located in Kutei Basin, offshore East Kalimantan. Eni is an Italian multinational oil and gas company operating in 71 countries worldwide. The Merakes...

Sarawak Energy, Shell MDS to Explore Hydrogen Production in Sarawak

Jan 1, 2019

The Sarawak state-owned Energy company, Sarawak Energy Bhd (Sarawak Energy) has signed a Memorandum of Understanding (MoU) with Shell MDS (Malaysia) Sdn Bhd (Shell MDS) to explore opportunities in lower-cost hydrogen production technology via electrolysis. The MoU...