Latest news with #IEW2025
Borneo Post
28-05-2025
- Business
- Borneo Post
Sarawak gears up to hold IEW 2025 this July
Dr Hazland fields questions from the reporters during the press conference. – Photo by Roystein Emmor KUCHING (May 28): Sarawak is set to host the sixth International Energy Week (IEW) from July 15 to 17 at the Borneo Convention Centre Kuching (BCCK), said Deputy Minister of Energy and Environmental Sustainability Datuk Dr Hazland Abang Hipni. Speaking at a press conference at the State Legislative Assembly Complex here yesterday, Dr Hazland said the event reinforces Sarawak's transformation into one of Asia-Pacific's most dynamic clean energy leaders. Themed 'From Sarawak to the World: Journey to Clean Energy Leadership,' the three-day event aims to highlight Sarawak's growing influence in the global energy landscape. 'We are expecting over 6,500 attendees from 25 countries – an impressive 18 per cent growth from last year. This surge underscores IEW's growing stature as the region's premier platform for energy innovation, collaboration, and leadership,' said Dr Hazland, who is also chairman of the IEW 2025 organising committee. He added that over 400 companies from around the world will showcase cutting-edge innovations in renewables, hydrogen, energy efficiency, smart grids, carbon capture, utilisation and storage (CCUS) technologies, and green infrastructure. 'To all our exhibitors and participating companies, I extend my heartfelt gratitude for your confidence in our platform,' he said. With over 200 exhibition booths, IEW 2025 is projected to generate potential business opportunities exceeding USD 2.5 million. A major highlight of the event is the IEW Summit, taking place on July 15 and 16, featuring 50 renowned speakers and over 400 delegates across 20 curated sessions. Dr Hazland (seated centre) prepares to speak to the press at the State Legislative Assembly Complex. – Photo by Roystein Emmor 'Our programme offers exceptional highlights that truly set us apart ― a visionary dialogue with the Premier of Sarawak, ministerial forums on economic transformation and natural gas as a regional catalyst, and expert panels on ASEAN policy harmonisation, sustainable development, and energy innovation,' he explained. Additionally, Dr Hazland said the summit will include sessions on workforce development, youth empowerment, and technical and career skills ― an initiative aimed at cultivating the next generation of energy leaders. 'IEW 2025 is a catalyst for industrial growth, strategic investment, and Sarawak's emergence as a regional clean energy hub. By bringing together policy expertise, technological innovation, and investment capital under one roof, we're creating the ideal environment for partnerships that will accelerate the clean energy transition across Asia Pacific,' he elaborated. Dr Hazland emphasised that the success of IEW 2025 is built on exceptional industry support and collaboration. 'To all industry leaders, investors, policymakers, researchers, and innovators ― from Malaysia and around the globe ― I warmly invite you to Kuching this July,' he concluded. clean energy Dr Hazland Abang Hipni International Energy Week
Times of Oman
14-02-2025
- Business
- Times of Oman
India cements its position as energy leader at IEW 2025
New Delhi: On the closing day of the third edition of India Energy Week 2025, petroleum and natural gas Hardeep Puri spoke about the success of the showpiece energy event highlighting its unprecedented participant and exhibitor numbers and technical paper submissions. The world's second-largest energy event concluded successfully, hosting over 70,000 visitors, over 600 exhibitors, and ten international pavilions over four days. With nine dedicated themes, it showcased key innovations, strategic collaborations, and policy insights shaping the global energy landscape. The Union minister noted that the event had exceeded expectations by encompassing a comprehensive range of sectors including petroleum, natural gas, green energy, biofuel, and compressed biogas, showcasing remarkably innovative developments. Puri emphasized that within the short span of three years, India Energy Week has established itself as the world's second-largest energy platform, with its fourth edition scheduled to take place in Goa in 2026. The Minister emphasized that IEW 2025 distinguished itself from other global energy forums by facilitating actual business transactions rather than merely serving as a networking platform. Hardeep Puri specifically highlighted practical innovations such as the cost-effective conversion kit demonstrated at the HPCL stall, designed for enabling biofuel usage in two and three-wheelers. Additionally, the Minister also expressed satisfaction at the convergence of investors, manufacturers, and consumers, particularly evident in the display of flex fuel vehicles. Speaking on India-US energy cooperation, the Minister noted the substantial progress in bilateral relations, particularly in the natural gas sector. The Minister highlighted India's stated goal of increasing natural gas consumption to 15 per cent in its energy mix from about 6 per cent currently, emphasizing the strategic importance of the relationship with the United States for Liquified Natural Gas (LNG) supplies. Addressing reforms in the Exploration and Production sector, Puri detailed the scale of Open Acreage Licensing Program (OALP) Round X covering about 200,000 square kilometers. The Minister explained that enhanced interest in this round has been driven by systematic reforms in the regulatory regime, transitioning from production to revenue-sharing mechanisms, along with the proposed amendments to Oilfields (Regulation and Development) Act 1948. Additionally, Puri announced that the new legislative framework, developed through extensive consultations, is set to be presented in the Lok Sabha. He particularly noted the collaboration of ONGC with BP, and Reliance in bidding for blocks in earlier rounds as a strong message of industry partnership. Outlining the Ministry's priorities, the Minister emphasized focus on exploration and production, stressing the importance of expert collaboration and the proposed changes to regulatory framework that allows appropriate compensation for resource discovery to the stakeholders in the sector. The Minister highlighted the significance of the amendments, passed by the Rajya Sabha, in ensuring policy predictability, particularly regarding windfall tax implementation. He emphasized the removal of discretionary elements in policy implementation as a move toward more transparent governance in the energy sector. Discussing the global energy scenario, the Minister observed that the new US administration's push for increased oil supply has created favorable conditions in global markets. He noted the emergence of new oil sources from the Western Hemisphere, including Brazil, Argentina, Suriname, Canada, US, and Guyana, as beneficial for major consuming nations like India. Puri expressed complete confidence in India's international investments in the Oil and Gas assets across Brazil, Venezuela, Russia, and Mozambique. Hardeep Singh Puri described the biofuel program as a remarkable story, citing current capacity of 1,700 crore liters for ethanol blending, while discussing potential beyond the 20 per cent blending target. Moreover, Puri expressed particular excitement about green hydrogen, confirming confident progression toward the 5 MMT annual production target for 2030, while also highlighting sustainable aviation fuel development. India Energy Week was envisioned as more than just another industry conference--it was designed to be a dynamic platform redefining global energy dialogues. In just two years, this self-funded initiative has achieved precisely that, becoming the world's second-largest energy event. The third edition was scheduled from February 11-14, 2025, at Yashobhoomi, New Delhi. A Clean Cooking Ministerial was also at the third edition of India Energy Week 2025, which was attended by ministers from several energy-producing countries. Sharing India's success story of ensuring clean cooking fuel reaches every household in the country through the flagship PM Ujjwala Scheme, Minister Hardeep Puri affirmed that it was easily doable by others. About 10.33 crore Pradhan Mantri Ujjwala Yojana (PMUY) free gas connections have been provided across the country since its launch in May 2016, petroleum and natural gas minister Hardeep Puri informed Lok Sabha recently. Pradhan Mantri Ujjwala Yojana (PMUY) was launched to provide deposit-free LPG connections to adult women from poor households. India has taken a huge stride in making cooking fuel clean and sustainable through its PM Ujjwala Yojana. Usage of traditional cooking fuels had detrimental impacts on the health of rural women as well as on the environment.
Times of Oman
07-02-2025
- Business
- Times of Oman
IEA, Opec will share insights on oil market during India Energy Week
New Delhi: International Energy Agency (IEA) is set to share insights on the India's oil and gas sector during the 3rd edition of India Energy Week (IEW) next week here in the national capital. Besides, India Energy Week will also witness sharing of market insights by the Organisation of the Petroleum Countries (Opec). Chief of IEA and Opec are arriving in India to attend the second-largest energy event globally. IEW 2025 is scheduled to take place from February 11-14 in New Delhi's Yashobhoomi. On day two of IEW, there is a session on The World Oil Outlook (WOO), which is one of Opec's flagship publications, combining the expertise of the Opec Secretariat and professionals in Opec Member countries. The 18th edition of the WOO will likely examine developments in energy and oil demand, oil supply and refining, the global economy, policy and technology, demographic trends, environmental issues and sustainable development. Other than Opec Chief Haitham AL Ghais, Opec Director, Research Division Ayed Al-Qahtani and Abderrezak Benyoucef Head, Energy Studies Department, Research Division Opec will be also there to share their Insights on Opec's commitment to knowledge-sharing and data transparency. On the second day, a debate is being scheduled which will bring together influential and leading voices from the worlds of energy to debate their positions or views regarding some of the most pressing issues, complex questions and paradoxical challenges facing the energy world today. Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA) will share his insights on India's energy demand. Last year, at the second edition of India Energy Week 2024 in Goa, IEW released its report on 'Indian Oil Market Outlook to 2030'. According to that IEA report, India will become the largest source of global oil demand growth between 2024 and 2030, while growth in developed economies and China initially slows and then subsequently goes into reverse. It further added that India's role in global oil markets was expected to expand substantially over the remainder of the decade, fueled by strong growth in its economy, population and demographics. According to the report, urbanisation, industrialisation, the emergence of a wealthier middle-class keen for mobility and tourism, plus efforts to achieve greater access to clean cooking, will underpin the expansion in oil demand. Consequently, India is on track to post an increase of almost 1.2 million barrel per day, accounting for more than one-third of the projected 3.2 mb/d global gains, to reach 6.6 mb/d by 2030. Further, the report found that massive industrial expansion means that diesel/gasoil is the single largest source of oil demand growth, accounting for almost half of the rise in the nation's demand and more than one-sixth of total global oil demand growth through to 2030. The first major global event of the energy calendar, IEW 2025, is poised to be the most comprehensive and inclusive global energy gathering of the year. Since its inception in 2023, the India Energy Week has grown from strength to strength. IEW 2025 has surpassed other international energy events. This year's edition marks a significant leap over its predecessor, showcasing elevated leadership participation and more dynamic discussions. IEW 2025 incorporates seven key strategic themes (Collaboration, Resilience, Transition, Capacity, Digital Frontiers, Innovation, Leadership) with greater emphasis on pragmatic solutions for decarbonization, energy equity, and low-carbon economies. The inclusion of 20 thematic categories this year, compared to 18 in 2024, highlights a broader focus on cutting-edge issues such as AI, digitalization, and maritime decarbonization. The conference's structured stages--Resilience and Transition--align perfectly with India's dual goals of energy independence and decarbonization, ensuring relevance to global and national agendas alike.
