Energy
China's lack of cooperation causing problems for Vietnam's water resources programming
The lack of cooperation from China and its erratic methods of water storage and discharge has placed Vietnam in a passive mode when using water from the Red River. Tong Ngoc Thanh, director of the National Center for Water Resources Planning and Investigation, said at a ...
Oil firm ready to push ahead with offshore drilling
Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. Tanya Pang, ...
Cambodia, Russia continue discussing nuclear energy plans
A November pact with Russia that first raised the possibility of nuclear energy in Cambodia is still being quietly pursued. Next week will see the second meeting of a Ministry of Interior working group dedicated to coordinating cooperation with the Vladimir Putin-led government in the ...
Vietnam dealbook: Malaysia’s Mitra Energy, Thai Union strike M&As
Malaysia’s Southeast Asia-focused oil and gas group Mitra Energy has reached a sales and purchase agreement with Japan’s Teikoku Oil to acquire a 30 per cent interest in Vietnam’s oilfields in the Nam Con Son basin. Meanwhile, Songkla Canning, a wholly-owned subsidiary of Thai Union ...
ADB sells $1.3 billion in global green bonds to spur climate financing
The Asian Development Bank has raised $1.3 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 3-year and 10-year green bonds, following its inaugural green bond issue in 2015. Last year, ADB announced that it will double its annual climate ...
Offices of Mekong River Commission decamp to Laos
The Mekong River Commission’s secretariat in Phnom Penh – one of two for the group, charged with managing the river’s sustainable development – is being shuttered in favour of a single office in Vientiane, a decision that has provoked widespread concern among current and former ...
China-Laos relations improve as Gezhouba Group constructs hydro power plant
The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 megawatts of power. Lin Boqiang, director of the ...
China's 5 year plan for energy
China’s 13th Five-Year Plan for energy might be one of the most anticipated official documents in the world and is one that will have far-reaching impacts on the carbon trajectory of the world’s number one emitter. Recently, information about the plan begins to surface in the Chinese ...
MEA to bury 127km of power lines by 2020
The Metropolitan Electricity Authority says it will continue putting power lines underground, expecting to bury another 127 kilometres by 2020. The agency plans several other power line projects in addition to those already initiated, said MEA governor Somchai Roadrungwasinkul. The first phase of the plan, ...
US clean coal technology power plant's failures bode ill for NCPO
The largest environmental story to break this month has been The New York Times‘ exposé of the Mississippi-based Kemper Project’s mismanagement, delays, inflated costs, and alleged fraud, making a mockery of the NCPO’s plans to convert Thailand from natural gas to ‘clean coal’. The Thailand Power ...
