Latest Stories

Petrovietnam to build LNG-fired power plant

22 April 2021

State-owned Petrovietnam reportedly intends to build a $1.5bn liquefied natural gas (LNG) fired thermal power plant in the country’s southern province of Ca Mau.

Petronas launches new small field PSC model

22 April 2021

Malaysia’s state-owned Petronas has marked the launch of its new small field asset (SFA) production-sharing contract (PSC) model by awarding a shallow-water project to one of its upstream subsidiaries.

Calls for Indonesia upstream reforms mount

22 April 2021

Upstream watchdog SKK Migas is pushing for the government to do more to increase the attraction of the country’s upstream.

BP aims to eliminate onshore US flaring by 2025

22 April 2021

BP has unveiled a new target to phase out routine flaring of associated natural gas across its onshore US operations – primarily in the prolific Permian Basin – by 2025.

Chevron backs floating wind start-up

21 April 2021

US multinational oil company Chevron has bought into an offshore wind start-up, joining its European fossil-fuel rivals Equinor, Royal Dutch Shell and Total in the offshore wind sector.

US Interior Secretary prioritises climate change in department decisions

21 April 2021

Interior Secretary Deb Haaland has issued a directive that focuses on climate change in department decisions. Haaland, only recently confirmed in her post, has also revoked a series of Trump administration orders that promoted fossil fuel projects.

Total Eren joins Province Resources’ 8-GW HyEnergy project in Australia

21 April 2021

Total Eren and Australian miner Province Resources are to work together to develop up to 8 GW of green hydrogen production facility in the Gascoyne region, Western Australia.

South Korea should quicken green roll-out to meet net zero by 2050

21 April 2021

South Korea’s journey to achieving net zero by 2050 is dependent on phasing out coal as a generating fuel by 2028.

Emissions set to bounce back with a vengeance in 2021

21 April 2021

Global energy-related carbon dioxide emissions are forecast to increase by 4.8% to 33bn tonnes in 2021, the largest rise since 2010, with the global economy’s post-COVID-19 recovery expected to be particularly carbon intensive.

Indonesia could reach net zero by 2045

21 April 2021

Indonesia could reach net zero by 2045, as the government tries to establish the state as a middle-income country by the centenary of its independence.