Asian

Tidal Energy

Minesto Secures First Client for Tidal Power Site Evaluation in Asia

Swedish marine energy company Minesto has received its first ‘historic’ sales order of site development services for Dragon Class tidal energy power…

Energy Transition

Cambodia’s Energy Transition Program Gets ADB Boost

Source: Towfiqu Barbhuiya (Pexels)This includes a $50m loans and a $23m investment.The Asian Development Bank (ADB) has approved a $50m policy-based loan packag…

Biofuel

Adb, Mongolia Sign Deal for $2M Fund for Renewable Heating Systems

The project will be completed by 2025.The Asian Development Bank (ADB) signed a $2m grant with the Government of Mongolia to improve the efficient and renewable…

Oil & Gas Trade

Oil Rises, Poised To End Week Higher Despite Economy Concerns

Dec 15 (Reuters) - Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised t…

Which ASEAN Countries Are the Most Energy-Intensive

A total of seven countries in the Association of Southeast Asian Nations (ASEAN) region are less intensive than the world average, but three are above, led by B…

Energy Storage System

ADB Launches Grid-Connected Hybrid Renewable Energy in Mongolia

The Asian Development Bank (ADB) has launched a hybrid renewable energy system in Mongolia.

Natural Gas

Strong Growth in Natural Gas Generation Seen in Asia

This will mostly be driven by Southeast Asian markets.

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…