Petronas Makes Significant Oil and Gas Discovery Offshore Malaysia

Petronas Makes Significant Oil and Gas Discovery Offshore Malaysia

Malaysia’s national upstream company Petronas Carigali has made a significant oil and gas discovery with its Nahara wildcat offshore Sarawak, East Malaysia. The shallow-water Nahara field is located on Block SK 306 in the Balingian province, around 150 kilometers off...
Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals.  Rich countries, the Asian...
US Company to Develop Thailand’s Energy Storage Market

US Company to Develop Thailand’s Energy Storage Market

Fluence Energy, a leading American provider of energy storage products and services and cloud-based software for renewables and storage, and the Electricity Generating Authority of Thailand (EGAT) recently signed a memorandum of understanding to develop the...