News
News / Global
Global
October 31, 2023
S&P says CCUS not making sufficient progress to achieve 2050 climate goals
According to an outlook report by S&P Global Commodity Insights, that the world is not making enough progress to achieve the necessary CO2 reductions by 2050 in the carbon capture, utilization, and storage (CCUS) market.
October 31, 2023Indonesia flies first commercial flight with palm oil-blended jet fuel
Indonesia conducted its first commercial flight on Oct. 27 using palm oil-blended jet fuel, as the world's largest producer of the commodity pushes for wider use of biofuels to reduce fuel imports.
October 30, 2023Bilateral power trading could be cornerstone for ASEAN power grid
As Southeast Asian countries gear up for the energy transition in a bid to meet their countries’ net-zero emission targets, a regional power grid connecting various member states of ASEAN may no longer just be a pipe dream.
October 30, 2023Indonesia’s carbon exchange outperforms Malaysia, Japan
Indonesia Carbon Exchange (IDX Carbon) has outpaced the performance of similar exchanges in Malaysia and Japan since its initiation on September 26.
October 30, 2023Industry leaders worry renewable policies still lagging in Malaysia
Malaysia may have target ambitious goals of 70% renewable energy capacity and net-zero emission by 2050, but industry leaders believe that its policies are still lagging behind.
October 26, 2023Lotte, SK Group sign MoU to boost carbon capture development
South Korea’s SK Group subsidiaries SK IE Technology Co., SK Innovation Co. and Lotte Chemical have announced their partnership by signing a memorandum of understanding on Oct. 23 with the goal of entering the carbon capture market.
October 26, 2023Indonesia’s vast geothermal power potential attracts Iceland’s attention
Indonesia’s abundant geothermal resources have attracted Iceland’s attention, as the geothermal power pioneer seeks to partner with the Southeast Asian nation to harness its huge untapped geothermal potential.
October 26, 2023ASEAN distributed renewable energy expect to boom
ASEAN nations face the challenges of transitioning from fossil-fuel dependency to sustainable energy. An expert believes the rapid rise of distributed renewable energy (DRE) systems should offer promising solution.
October 25, 2023Singapore to bring in 1.2GW of green electricity from Vietnam to achieve renewable imports goal
Singapore to bring in 1.2 GW of green electricity from Vietnam to achieve renewable imports goal.
October 25, 2023Three energy firms to develop 206MW onshore wind project in the Philippines
Philippines’s Vivant Energy, Aboitiz Renewables and Singapore’s Renewables energy developer Vena Energy have inked an agreement to develop the 206 MW San Isidro Wind project, in the Philippines.