shell says european windfall taxes to cost 2 billion

Shell says European windfall taxes to cost $2 billion

British energy giant Shell on Friday said windfall taxes imposed by the European Union and UK following a surge in profits would cost the group about $2 billion.
japan invests in indonesias geothermal energy project

Japan invests in Indonesia’s geothermal energy project

Japanese oil and gas driller Inpex has announced that it invested in a geothermal energy project in Indonesia and will study the potential to develop a power plant in the Southeast Asian nation.
practical ideas for cleaner energy

Practical ideas for cleaner energy

The world is facing unprecedented challenges to energy security, rising inflation, and a narrowing time window to limit dangerous global heating. Ben Blackwell, CEO of the Global Wind Energy Council, explains why governments around the world must take decisive action on climate change and bolster energy security.
vietnam in 2023 facing a recession or a rebound

Vietnam in 2023: Facing a recession or a rebound?

Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone new housing construction, China’s difficult exit from the pandemic will impair growth in the short term; and geopolitical tensions will induce more volatility in energy, food, and financial markets.
envision energy turbine blades break at power plant

Envision Energy turbine blades break at power plant

One of the 22 wind power turbines at Ia Pet - Dak Doa 1 farm, provided by Chinese manufacturer Envision Energy, cracked and broke during maintenance. Gia Lai Department of Industry and Trade has asked the investors to report and explain.
universal alloy corporation vietnam partners with asia clean capital vietnam

Universal Alloy Corporation Vietnam partners with Asia Clean Capital Vietnam

Asia Clean Capital Vietnam (ACC Vietnam) and Universal Alloy Corporation Vietnam (UACV) entered into a power purchase agreement on December 16 and kicked off a rooftop solar project with a capacity of 4.3MWp.
hai lang lng power plant requests funding revision

Hai Lang LNG Power Plant requests funding revision

The investors of Hai Lang LNG Power Plant have requested that Quang Tri province incorporates the plant into the national energy strategy, as well as update the project's investment policy.
global partners team up for net zero dream

Global partners team up for net-zero dream

Vietnam’s call for international assistance for realising its ambitious climate and energy goals has received a major response with major funding, which will contribute to helping the country achieve its net-zero emissions dream by mid-century.
bim group and adb sign 107 million clean energy package

Bim Group and ADB sign $107 million clean energy package

The Asian Development Bank (ADB) signed a $107 million financial package with BIM Wind Power JSC, a subsidiary of BIM Group, to support the operation of an 88MW wind farm in Ninh Thuan province on Vietnam’s southcentral coast.
bitexco group to acquire new oil and gas interest

Bitexco Group to acquire new oil and gas interest

A subsidiary of conglomerate Bitexco Group has signed a deal to acquire interest in the Oil & Gas Block 12W.
conference discusses new drivers of economic growth

Conference discusses new drivers of economic growth

Many important issues in the Vietnamese economy were brought to the table at the 5th Vietnam Economic Forum, such as effectively exploiting signed free trade agreement, and identifying opportunities and challenges in energy transition.
hau giang biomass power plant potential from trusted partners

Hau Giang Biomass Power Plant: potential from trusted partners

Using rice husks–an abundant source material, Hau Giang Biomass Power Plant, buoyed by Japanese technology, is expected to meet local power demand, and play an important role in promoting sustainable energy transition, particularly in the Mekong Delta region and across Vietnam in general.
paving the way for vietnamese fruit to europe

Paving the way for Vietnamese fruit to Europe

International Port Engineering & Investments (IPEI), a logistics enterprise from Belgium, aims to become a reliable companion of Vietnamese farmers. Marc Stordiau, CEO of IPEI, and Nguyen Thanh Duong, head of IPEI’s representative office in Vietnam, explained to Hoang Oanh how the company is assisting farmers in accessing sustainable, energy-saving solutions and crafting a more favourable European export journey for Vietnamese fruit and vegetables.
just energy transition a green pathway for sustainable development

Just energy transition: a green pathway for sustainable development

Vietnam is striving to realise the country’s strong commitment to decarbonisation through a just and sustainable energy transition.
vietnam up to the challenge in hitting net zero targets

Vietnam up to the challenge in hitting net-zero targets

At COP27 last month, Vietnam took further action to fulfil its net-zero goals by 2050 through a strong energy transition, which has been putting pressure on long-term energy policy revisions to ensure international commitments.