Asia

Crude Oil

China, India Soak Up Oil from Floating Storage as Demand Recovers

The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analyst…

Coal Trade

Asia Has Already Begun Coal to Gas Switch

An escalating decline in thermal coal imports among major Asian buyers can largely be attributed to a collapse in LNG prices, according to commodity tracking fi…

Wind Power Project

ADB to finance Southern Thailand wind power and battery energy storage project

The Asian Development Bank (ADB) has agreed to finance the Southern Thailand wind power and battery energy storage project.

Oil & Gas Trade

Saudi Loss of China Oil Market Share Likely Brief

Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…

Hydropower Plant

Duglas Alliance and Stucky Join Forces for Hydropower Development

Duglas Alliance Ltd and Stucky Ltd will cooperate in hydropower development in the Caucasus, central Asia and Africa.

LNG

Asian LNG Prices Spike 20% As Demand Returns

This week, the uptick in demand and the lower supply have sent LNG prices jumping.

Crude Oil

Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic

Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave …

Coal Production

The Demise of Coal Might be Slowed in Asia Amid Covid-19

Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economie…

Coal Production

Coal Power Tipped to Decline in APAC in 2020

Low electricity demand hit coal-fired generation in India and Southeast Asia.

Oil Price

Oil Glut Drives Oil Prices Lower

Oil prices opened about 1% lower on Monday in Asia as a persistent glut continued to weigh on prices and the coronavirus pandemic eroded global oil demand even …

LNG

GLOBAL LNG: Asian Spot Prices Recover a Little on Improving Demand

Spot prices for liquefied natural gas in Asia rose slightly this week.

Market Analysis

Uzbekistan Unveils 8GW Renewables Goal

​Central Asian country Uzbekistan is planning to build 8GW of renewables capacity between 2020 and 2030 as part of a 10-year strategy for electricity provision…

Coal Trade

Coal Exit Plans on the Rise in Asia

With financial institutions and corporations stepping out of coal-fired power financing, a domino effect across other coal lending financiers in Asia is likely,…

Coal Production

Coal Exit Plans on the Rise in Asia

Lenders could follow after Mizuho's move to shun financing of coal-fired power.

Power Construction

India Bags ADB $346m Loan to Electrify Rural Maharashtra

In India, the government of Maharashtra has secured a $346 million loan from the Asian Development Bank (ADB) to electrify rural agriculture customers.