Energy

The Singapore Economic Development Board (EDB) has appointed three power generators, Keppel Energy, Sembcorp Utilities, and Tuas Power Generation, as biomethane aggregators under Singapore's 300-MW regulatory sandbox.

Singapore has launched a S$143 million ($112 million) funding initiative to speed up the development and commercialization of low-carbon technologies for industry.

Vietnam National Industry-Energy Group (Petrovietnam or PVN) and Denmark's Copenhagen Infrastructure Partners (CIP) have signed an agreement to develop the Nam Trung Bo 1 offshore wind project in Vietnam's south-central region.

Singapore and Sweden will deepen cooperation on clean energy technologies, including hydrogen, ammonia and high-voltage direct current (HVDC) systems, as both countries seek to advance the energy transition and strengthen regional electricity interconnectivity.

Vietnam's Ho Chi Minh City management board for export-processing zones and industrial parks (HEPZA) has asked the municipality to review and unify power-price guidance for an AI data center at Tan Phu Trung Industrial Park.

The Siam Cement Group (SCG), a major industrial conglomerate in Thailand, will soon resume operation of the $5-billion Long Son Petrochemicals (LSP) complex in Vietnam.

The United States' Murphy Oil has begun production from its Lac Da Vang (Golden Camel) oil field offshore Vietnam and made an exploration discovery at a nearby well in the same block.

Both organisations will explore co-financing and innovative financing approaches to mobilise additional resources, initially focusing on climate and energy, water, agriculture, and health.

Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.

Japan-based SoftBank Group Corp, Singapore-headquartered Grab Holdings Ltd and Petroleum Sarawak Bhd (PETROS) on Thursday signed a Framework Agreement to explore the development of an artificial intelligence (AI) and digital infrastructure platform in Sarawak, Malaysia.