The Indonesian government is prioritising long-term economic growth through energy security, digitalisation, and natural resource industrialisation, according to Deputy Minister of Finance Thomas Djiwandono.
Specific mechanisms and policies are critically important to speeding up the project, helping ensure national energy security and meet power demand of socio-economic development in the new era, Minister of Industry and Trade Nguyen Hong Dien said.
Indonesia aims to tender all 60 oil and gas working areas by 2027 to increase oil lifting and support energy security, said its Energy and Mineral Resources Minister Bahlil Lahadalia.
The Indonesian government is preparing to implement the mandatory 50% biodiesel (B50) programme in 2026 to stop diesel imports, according to Minister of Energy and Mineral Resources Bahlil Lahadalia.
Fitch Ratings has rated Binh Son Refining and Petrochemical Joint Stock Company (BSR) as a Long-term Foreign- Currency Issuer Default Rating (IDR) of “BB+” with a stable outlook.
Vietnam needs to consider the development of battery energy storage system (BESS) while the country is on a path towards promoting renewable energies to ensure energy security and sustainable development, experts have said.
Prime Minister Pham Minh Chinh has demanded relevant sides mobilise every resource to speed up the construction of the Circuit-3 500kV power transmission lines so as to inaugurate the entire network before September 2.
The 2024 Vietnam Energy Transition Forum was held on June 27 within the framework of the International Exhibition on Environment and Energy Tech (ENTECH) in Hanoi.
Prime Minister Pham Minh Chinh on June 1 demanded mobilising local resources for ensuring logistics and enhancing support for the construction of the Circuit-3 500kV power transmission line.
Many localities in the Mekong Delta region are focusing on attracting investment and developing renewable energy projects, helping to solve energy security issues and driving socio-economic breakthroughs in the region.
The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted.
Eco-industrial parks are important to counter climate change, developing the green industry, ensuring energy security, and demonstrating the Government's political determination to sustainable development, said insiders.
A "Made in Vietnam Energy Forum" was held online by the Vietnam Business Forum (VBF)’s Power & Energy Working Group on November 21, focusing on analysing issues related to the electricity and energy sector in Vietnam in the context of global energy transition.
The Dung Quat oil refinery, tasked with helping guarantee national energy security and boost economic growth in the central region, has made substantial contributions to the development of local transport, seaport, and logistics infrastructure.
Forty-eight years since its establishment, the Vietnam Oil and Gas Group (Petrovietnam) has become a multi-billion-dollar enterprise and made breakthrough and comprehensive development strides.
Russian energy enterprises may gain access to the ASEAN market with an annual value of about 170 billion USD, according to Russia-ASEAN Business Council Chairman Ivan Polyakov.
Deputy Prime Minister Tran Hong Ha has freshly signed a decision to approve the national energy master plan for the 2021-2030 period, with a vision to 2050.
Resident Representative of the United Nations Development Programme (UNDP) in Vietnam Ramla Al Khalidi has highly valued the country’s efforts in developing the economy, ensuring social security, and realising climate targets, in a recent interview granted to the Government e-newspaper.
The factory of the Nghi Son Refinery and Petrochemical LLC (NSRP), based in the central province of Thanh Hoa, will undergo the first general maintenance from August 25.