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NREI, a joint venture of RATCH Group, acquires 30MW hydropower plant in Vietnam
Nexif Ratch Energy Investments Pte. Ltd., a joint venture of RATCH Group, has successfully acquired a 100% stake in the Minh Luong hydropower plant in Vietnam for approximately $25mn
OILTEK international subsidiary secures $2.1mn contracts in Malaysia and South Korea
OILTEK International's subsidiary has successfully clinched new contracts totalling $2.1mn from Malaysia and South Korea
India’s SJVN pins down 100-MW solar project in Gujarat
In a much lauded advancement in India's renewable energy sector, SJVN Limited has successfully acquired the rights to develop a 100-MW solar power project
UPC Renewables sells wind power assets in Indonesia
In a significant move to bolster renewable energy in Indonesia, PT Barito Wind Energy and ACEN Investments HK Limited have finalised a sale and purchase agreement to acquire UPC Renewables Asia Pacific Holdings' late-stage wind development assets
Russia’s nuclear power company Rosatom plagued by problems
Russia’s nuclear power company Rosatom is plagued by problems that are affecting its operations and leading to delays in completing several flagship projects.
Windfall tax on crude oil sees sharp increase; ATF, diesel relaxed
The government of India has significantly raised the windfall tax on crude oil
Sonangol, Corcel move to onshore Kwanza Basin testing
South African renewables investor Hive Hydrogen optimistic "world-largest" project to help fuel development
Eni begins gas feed into FLNG offshore Congo
€81mn secured for Tirana green transport project
Bangladesh energy report urges shift to renewables
The Centre for Policy Dialogue has called upon Bangladesh's political factions to actively participate in steering the country towards renewable energy
Pertamina Hulu Rokan unveils oil and gas reserves in Rokan Block
PT Pertamina Hulu Rokan has recently disclosed the discovery of potential oil and gas reserves within the existing field of the Rokan Block in Rokan Hulu Regency, Riau Province
Temporary halt in Indonesia's coal downstream project as US company withdraws
The Ministry of Energy and Mineral Resources has recently announced a temporary suspension of the coal downstream project, specifically coal gasification into Dimethyl Ether, in Indonesia
Inpex Masela's Abadi LNG project advances with trustee borrowing financing scheme
Inpex Masela Ltd. is planning to leverage a trustee borrowing scheme as a crucial element of the financing strategy for the Abadi LNG project in the Masela Block
Belarus’ Russian-built nuclear power plant leak in February 2022 reported
Leaked documents seen by Bloomberg suggest that there was an incident at Belarus’ Russian-built Ostrovets (aka Astravets in Lithuanian) nuclear power plant in February 2022
Final COP28 agreement is a cop-out
The final COP28 agreement calls for a "historic" transition away from fossil fuels and a trebling of renewables. But in the end it seems the fossil fuel lobby won.
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