Russia’s gas cuts – the pain and the gain
They will hurt in the short term but will be a blessing in disguise by accelerating the EU’s green transition.
Energy
Vietnam backs nuclear technology for peaceful purposes
The Deputy Minister of Foreign Affairs appreciated the potential of nuclear power but reaffirmed Vietnam’s commitments to the goal of achieving net zero emissions by 2050.
Carbon credit offset market booms in Mondulkiri; further growth anticipated
The Cambodian government and its partners have been looking for new markets to sell carbon credits to strengthen conserving natural resources and boost local economies.
Vietnam’s renewable energy sources not fully tapped: Experts
According to Vietnam Electricity, 62 projects with a total capacity of 4,170MW, due to slow progress, could not be put into commercial operation on time.
Malaysia caught off-guard by sudden power cuts
Even the Kuala Lumpur International Airport was not spared as a blackout was reported through the Malaysia Airport Twitter account.
Power grids have to cool scorching heat
Rising temperatures, combined with resumption of economic activity after the Covid-19 outbreaks, have significantly raised the demand for energy, especially electricity.
Japan holds on to oil, gas interests in Russia’s Sakhalin, wary of China taking them
Exxon Mobil of the United States and Britain’s Shell, which held stakes in the projects, have announced their withdrawal. But Japanese companies will continue to participate.
7 countries offer to solve Philippines’ power problems
The United States, Russia, Japan, South Korea, Argentina, France and the United Kingdom had reached out to Manila to help lower energy costs.
Beijing, Moscow to strengthen energy security collaboration
President Xi Jinping and Russian President Vladimir Putin made the pledge in congratulatory messages delivered to the third China-Russia Energy Business Forum.