Asian

Net Zero Emission

Apeiron Bioenergy Closes Equity Investment From Mitsui Chemicals, Poised to Capture Exponential Growth in Bioenergy Market With Pan-Asian Presence

Mitsui Chemicals has invested to support Apeiron's Pan-Asia expansion

Crude Oil

Iran Raises Aug Crude Oil Prices to Asia

Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from th…

Solar Power Panel

Five Asian Countries Amongst Top 10 Solar-Powered Economies

China topped the list with 307GW of solar capacity.

BP Buys 40.5% Stake in Asian Renewable Energy Hub

The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.

Hydrogen Project

Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia

Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia

LNG

LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand

If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …

Solar Power Panel

US Waives Tariffs on Solar Panels From Vietnam

US President Joe Biden on June 6 declared a 24-month tariff exemption for solar panels manufactured in four Southeast Asian countries, including Vietnam, in an …

Joe Biden

Biden’s ‘Nuclear Deterrence’ Remarks Send Shock Waves

United States President Joe Biden sent shock waves on his first Asian trip by committing to "nuclear deterrence" for the Republic of Korea, wider military exerc…

Coal Price

Asian Markets May ‘Ramp up’ Coal as Gas Prices Rise: Report

Coal will continue to dominate the region’s power mix through 2027.

Solar Power Plant

Acwa Power Selected as Preferred Bidder to Develop Solar Projects in Indonesia

The company plans to develop two floating photovoltaic plants in the biggest South-East Asian economy.

Crude Oil

Oil Slips as Investors Eye EU Vote on Russian Oil Ban

Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp…

CCS

Indonesia Advances Carbon Capture, Storage and Utilisation Ambitions

Pertamina and Mitsui in joint feasibility study to commercialise CCUS in the Southeast Asian nation.

Crude Oil

Middle East Crude Grades Feel the Pressure as Russian Urals Head to Asia

Buying interest among Asian refiners for some medium sour Middle East crude grades loading in May has weakened as cheaper Russian Urals crude cargoes increasing…

LNG

Asian Gas Buyers Buzzle over Putin's Demand for Payment in Roubles

Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said "unfriendly" countries must pay for Russian gas in rouble…

Azerbaijan

Masdar Starts Building 230-MW Solar Farm in Azerbaijan

Abu Dhabi Future Energy Company PJSC (Masdar) announced that it has launched the construction of the 230-MW Garadagh solar farm in Azerbaijan, and signed new ag…