Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.

Vietnam, with its high economic openness and global integration, has set goals and developed plans to develop its offshore wind power industry.

The development strategy of the coal industry to 2030 with a vision to 2045 has been approved by Deputy Prime Minister Tran Hong Ha in Decision No 55/QD-TTg, under which coal output is expected to be between 45 and 50 million tonnes by 2030, and between 38 and 40 million tonnes in 2031-2045.

The PetroVietnam Exploration Production Corporation (PVEP) will invest about 380 million USD in exploring, exploiting and developing new oil fields this year, according to Deputy General Director Hoang Ngoc Trung.

The southernmost province of Ca Mau is working to turn its famous Ca Mau Cape tourism area into the largest key economic area in the province by 2025.

By December 14, the Vietnam-Russia oil and gas exploration joint venture Vietsovpetro has earned over 1.89 billion USD, exceeding its target of 1.88 billion USD set for 2017.