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Malaysia: Government to revise Budget 2019 if oil prices drop below US$50 per barrel

A crude oil forecast of US$55-US$66 per barrel translates into revenue loss of around 2-5 billion ringgit or 0.1%-0.3% of Malaysia's GDP said...

Indonesia plans to raise diesel subsidies four-fold

INDONESIA plans to quadruple its diesel subsidies to keep prices for the fuel unchanged through 2018 in spite of high global oil prices and a weak...

Keppel Singmarine wins S$50m deal to build South-east Asia's first LNG bunkering vessel

Keppel Singmarine has secured a contract worth S$50 million to build South-east Asia’s first liquefied natural gas (LNG) bunkering vessel.

Vietnam eyes green ambitions with targets for solar, rare earth

VIETNAM plans to more than triple the amount of electricity it produces from renewable sources and push for a 26 per cent increase in household...