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Asia
Offshore Wind Power
Asia's Annual Offshore Growth to to Rise to 9GW in 2030
Almost 1,500GW of technical offshore wind potential have been identified.
Electricity Transmission
Nepal Receives $200m ADB Loan for Power Transmission System Upgrades
The Asian Development Bank has agreed to give a $200m concessional loan to help upgrade power supply and transmission systems in Nepal.
Coal Trade
IndexBox: Asia Pacific Coal Market Rises for Third Consecutive Year
In 2019, the Asia Pacific coal market increased by 6.1% to US$751.8 billion, rising for the third consecutive year after four years of decline.
Hydropower Plant
Tajikistan Hydro Project Receives $50m Rehabilitation Funding
The World Bank has approved additional grant financing of $50m for a second phase of rehabilitation at Nurek hydropower plant in the central Asia country of Taj…
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.
Hydrogen Fuel Cell
Keppel, Mitsubishi Heavy to Study Hydrogen-Powered Data Centres in Singapore
Keppel Data Centres Holding and Mitsubishi Heavy Industries Asia Pacific have inked a Memorandum of Understanding to jointly explore the implementation of the h…
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…
Crude Oil
Refineries Around Asia Join Chinese Peers in Ramping up Oil Output
Refineries from India to South Korea are expected to join their Chinese counterparts in ramping up production from June.
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…
Crude Oil
China, India Soak Up Oil from Floating Storage as Demand Recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analyst…
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.
Oil & Gas Trade
Saudi Loss of China Oil Market Share Likely Brief
Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…
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