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Indonesia
Indonesia Bags $500m Loan for Energy Sector, Green Recovery
The loan was approved by the Asian Development Bank.
China
How Much Did These Asian Countries Saved With Solar Power
Seven countries were able to save about 9% of their fossil fuel costs in the first half.
Coal-Fired Power Plants
Indonesia, ADB Launch First Coal Power Plant Retirement Deal
Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely retire a coal-fired power plant, the first such proje…
Oil Price
Saudi Arabia Cuts Oil Prices for Asia
Saudi Arabia has lowered its official selling prices for oil for all its Asian clients, with the flagship Arab Light for December delivery now priced $0.40 lowe…
Crude Oil
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…
Oil Price
Oil Prices Steady on Prospect of Balancing Supply After Steep Selloff
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in …
Wind Power Project
ACCIONA Energia Acquires Nearly 50% In SG-Based Wind Developer
This will enable the company to enter the Southeast Asian markets.
Oil Price
Oil Rises on Weakening Dollar, Potential Supply Disruptions
Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consum…
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 …
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