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Oil Price
Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low
Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company s…
Distributed Grid
ADB Signs $160 Mln Loan Agreement With Bangladesh to Upgrade Power Network
The Asian Development Bank (ADB) said on Tuesday it had signed a $160 million loan agreement with Bangladesh to help upgrade the power distribution network and …
Oil & Gas Trade
Saudi Aramco to Supply Full Oil Volumes to Some N.Asia Refiners in Jan 2024 -Sources
An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov//File Photo Acquire …
Oil Exploration
Bangladesh Puts to Use China-Built Crude Oil Offloading Facility - Official
Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly r…
Hydrogen Project
Indian Firm Inks $5B MoU for Decarbonization Projects, Including Hydrogen
India’s renewable energy company ReNew Energy Global has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to collaborate o…
Coal-Fired Power Plants
Indonesia, ADB, Owners Agree to Shutter First Coal-Fired Power Station Early
Indonesia and the Asian Development Bank have agreed a provisional deal with the owners of the Cirebon-1 coal-fired power plant to shutter it almost seven years…
LNG
Asia Spot LNG Prices Fall to 7-Week Low on Tepid Demand, Improved Supply
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo …
Hydropower Plant
Capacity of Hydropower Plants in Central Asia Set for 8900MW Increase by 2035, Suggests Edb's Nikolai Podguzov
Nikolai Podguzov, Chairman of the Eurasian Development Bank (EDB) Management Board, has suggested that the capacity of hydroelectric power plants in Central Asi…
Oil & Gas Trade
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 …
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 …
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…
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…
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…
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