Asia

Wind Farm

Seajacks Scoops Akita Noshiro Turbine Job

Seajacks Japan has been awarded a contract by Kajima Corporation for the transport and installation of MHI Vestas turbines for 139MW Akita Noshiro offshore wind…

Power Construction

India to Upgrade Rural Power Distribution Networks

The Asian Development Bank and the government of India have signed a $300 million loan to upgrade rural power distribution networks to provide reliable electric…

Oil & Gas Trade

China Trade War on Itself Sends LNG Prices Mad

Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…

Crude Oil

Floating Oil Storage Shrinks Amid Robust Asian Demand

Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…

Hydropower Plant

India Gets $231m ADB Aid for Lower Kopili Hydro Project

The Asian Development Bank (ADB) has approved a $231 million loan to fund the construction of the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assa…

Crude Oil

Cambodia Prepares To Produce Its First Oil

As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.

RCEP

What is the RCEP?

The signing of the world’s largest free trade deal has given China significant influence in Asia Pacific, which could shape the region’s economic and politica…

Hydropower Plant

ABD Approves Loan for New Hydropower Construction in India

A $231 million loan from the Asian Development Bank will be used to construct the Lower Kopili Hydroelectric power plant in Central Assam, India.

Natural Gas

Asia’s Deepest Gas Project Starts Production

First in trio of deepwater gas projects in partnership with Reliance that are expected to help meet India’s rapidly expanding energy needs.

Biofuel

Bunker Biofuel Pilot Projects Launch in Asia

The marine industry has shifted its attention to accommodating the International Maritime Organisation's greenhouse gas strategy, after having to adjust to the …

Oil Pipeline

Pakistan to Start Building LNG Pipeline with Russia in July 2021

Pakistan will start building a 1,100-kilometre pipeline with Russia in July 2021 that will allow the South Asian nation to operate more liquefied natural gas (L…

Thermal Plant

Asia's Largest Biomass Power Plant with Installed Capacity Completed and Put into Operation

At present, the annual power generation capacity of the project can reach 1.38 billion kwh, the annual heat supply is 1 million tons, and the annual output val…

China

ADB Issues $150 million Clean Energy Loan to Help Improve Air Quality in China

The Asian Development Bank has approved a loan of $150 million for clean energy financing in a bid to improve air quality in China.

Hybrid Power Plant

TOTAL Solar DG Starts Building one of Southeast Asia’s Largest Microgrids

Total Solar Distributed Generation, in partnership with Canopy Power, has started constructing a solar and battery energy storage hybrid microgrid on the remote…

Coal Trade

Malaysia's CIMB Bank to Exit Coal Financing by 2040

Malaysia's CIMB plans to phase out coal from its portfolio entirely by 2040, becoming the first bank in the country and in southeast Asia to commit to a coal-ex…