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Oil & Gas Trade
Korea's Imports of U.S. Crude Oil Considerably Increases Last Year
As a result, South Korea became the biggest U.S. crude oil importer in Asia last year.
Oil Price
Saudi Arabia Cuts Oil Prices For Asia In February
Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…
Crude Oil
Saudi Arabia may Set Deep Crude Price Cuts for Asia in February
Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…
RCEP
RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond
The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022
Energy Storage Battery
VW-backed Northvolt Starts Output at Swedish Lithium-ion Battery Cell Gigafactory
Battery storage specialist commissions first factory at Skellefteå amid efforts by Europe’s car industry to lessen dependence on Asian producers
Solar Power Plant
SPNEC Starts Construction of ‘Biggest Solar Project in Southeast Asia’
Newly-listed Solar Philippines Nueva Ecija Corporation over the weekend said it has started the construction of what it envisions to be the biggest solar projec…
Energy Investment
Indonesia Eyes Massive Investments in Renewable Power
The Southeast Asian nation is currently heavily reliant on coal for power generation.
Solar Power Plant
Keppel Team to Take Control of Southeast Asian Solar Platform of Shell
A group led by Singapore’s Keppel Corp Ltd has agreed to buy a 51% stake in commercial and industrial solar energy platform Cleantech Renewable Assets Pte Ltd …
Crude Oil
Saudi Arabia Will Supply Full Volumes To Asia
Saudi Arabia will supply full contracted oil volumes to most of its buyers in Asia.
Oil Price
Saudi Arabia Hikes Oil Prices Despite Omicron Fears
Arab Light will next month sell for $0.60 more per barrel than it does this month for buyers in Asia
Coal Price
NE Asia Coal Prices Retreat on Lower Restocking Demand
The northeast Asian coal market retreated this week in line with wider price weakness in Asia-Pacific.
Crude Oil
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Coal Price
NE Asia Coal Prices Jump on Fiercer Competition
A cold snap across the northern hemisphere and fiercer inter-basin competition for fuel amid a decline in Russian natural gas deliveries to Europe supported coa…
Hydrogen Project
Adipec 2021: Mitsui and GS Energy to Help Develop Blue Ammonia Project
The agreements build on Adnoc's sale of blue ammonia to Japan and South Korea with the Asian companies partnering with Ta’ziz and Fertiglobe
Pakistan
IEA Launches Hydropower Trading Roadmap for Tajikistan
The International Energy Agency has released a new roadmap that examines ways Tajikistan could maximise the potential value of its surplus hydropower through cr…
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