Asia

LNG

Top LNG Importer China Re-Selling More Cargoes, Eyes Trading Gains

China, the world's top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks …

Floating Solar

Indonesia Inaugurates Southeast Asia's Largest Floating Solar Farm

Indonesia inaugurated a $100 million floating solar farm on Thursday, the largest in Southeast Asia, as it seeks more opportunities to transition to green, rene…

Offshore Wind Power

Aiib Finances Second Wind Power Project in Southern Kazakhstan

The Asian Infrastructure Investment Bank (AIIB) has signed a USD36-million loan agreement for the development, construction and operation of a 100-megawatt (MW)…

Coal Trade

Asian Seaborne Thermal Coal Demand Picking Up, but Prices Stay Soft

The edge of Glencore's Mount Owen coal mine and adjacent rehabilitated land are pictured in Ravensworth, Australia, June 21, 2022. Picture taken June 21, 20…

Oil & Gas Trade

McDermott and Ptsc to Rake in Over $1 Billion for Asian Gas Project

U.S. offshore engineering and construction player McDermott, as part of a consortium with Petrovietnam Technical Services Corporation (PTSC), has gotten its han…

Oil Price

Saudi Arabia May Hold Arab Light Price to Asia Steady for Dec

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights…

Renewable Energy

Redex Group Raises $10M Series a Funding Led by Aramco Ventures

SINGAPORE, Oct 31, 2023 - (ACN Newswire) - REDEX, Asia’s leading Renewable Energy Certificates (RECs) solutions provider, announced today the successful c…

Oil & Gas Trade

Petrochina posts record $6.3 bln quarterly income on higher output, fuel sales

Model of petrol pump is seen in front of PetroChina logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAsia…

Energy Investment

Aramco ventures leads $10 mln investment in Asia renewable service provider redex

Singapore-based renewable energy certificate (REC) service provider REDEX said on Tuesday it has raised $10 million from investors led by Aramco Ventures, a sub…

LNG

Eni Boosts Global LNG Portfolio After Deal With Asian Gas Field Partners

Italian energy giant Eni has boosted its liquefied natural gas portfolio, securing additional volumes from partners in its operated Merakes field offshore Indon…

Microgrid

Husk Power Secures More Than $100M to Expand Minigrid Development

Source: ingehogenbijl / Shutterstock.comHusk Power, the company developing community solar minigrids across sub-Saharan Africa and South Asia, announced Tuesday…

Cooperation case

BRIForum: ERG Signs Agreement With China's ENFI to Support Development of Comide Cobalt and Copper Asset in Drcongo

Eurasian Resources Group, a leading diversified natural resources group headquartered in Luxembourg, has signed an agreement with China's ENFI Engineering C…

Coal-Fired Power Plants

AVEN Eyes Expansion in Pilbara, Australia

MANILA -Ayala-led ACEN Corp. is expanding its renewable energy development plans in the Asia-Pacific through a deal with an Australia-based developer to build s…

Energy Storage Project

Singapore's Seatrium Builds First Floating Energy Storage Facility in SE Asia

Seatrium Ltd (SEAT.SI), an energy and marine solutions company, said on Thursday it has completed the installation of a floating Energy Storage System (ESS) in …

Oil Price

Oil Prices Ease as Investors Assess Impact of Israel-Hamas War

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Acquire…