Asian

Gas power plant

Afghanistan Receives $10m ADB Loan to Ensure Energy Security

The Afghan Power Plant Company Limited has secured a $10 million loan from the Asian Development Bank to enhance energy security.

Gas power plant

ADB Finances Construction of Gas-Fired Power Plant in Afghanistan

The Asian Development Bank has signed an agreement to provide a loan to the Afghan Power Plant Company for the Mazar gas-fired power plant in Afghanistan.

Oil & Gas Trade

Iran Pressures South Korea To Pay Debts For Oil Exports

The governor of Iran's Central Bank has threatened legal action against South Korea if the Asian country’s banks refuse to unlock billions of dollars owed to I…

Geothermal Power Plant

Indonesia Wins $300m to Expand Geothermal Energy Generation

In Indonesia, state-owned enterprise PT Geo Dipa Energi has won a $300 million loan from the Asian Development Bank to expand its geothermal energy generation.

Ice Brent Crude Futures Rise Above $40/bl

Crude futures rose in early Asian trading amid optimism for further production cuts by the Opec+ alliance ahead of talks that could be brought forward to this w…

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.

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 …

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…

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.

Wind Turbine

Wind Energy in Vietnam, Enercon Wind Turbines for 310 MW Wind Farm

ENERCON continues to expand its activities in Vietnam. In addition to the 90 MW already set to be installed this year, the company has signed to implement anoth…

Oil & Gas Trade

Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners

Saudi Arabia, the world's largest oil exporter, has notified some refiners in Asia that it will supply full contractual volumes of crude in May.

Offshore Wind Power

Philippines Takes First Offshore Wind Steps

The Philippines Department of Energy has awarded Triconti Windkraft Group a contract that gives the Filipino-Swiss-German joint venture the rights to develop of…