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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…
UAE is the Official Host for COP28 in 2023
Confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries have gathered to take concerted action…
Energy Transition
Japan Pledges $10bn to Support Energy Transition in Asia
Two days after scoring a surprisingly robust general election victory, Japanese Prime Minister Fumio Kishida promised up to $10 billion in additional climate fi…
Energy Investment
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Asia to Drive Global Demand for Energy by 2023
Demand will plateau, growing at a rate of 2.2% beyond 2023
Oil Price
Mideast Gulf Gasoline Premium at More Than Decade High
The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east…
CCS
ExxonMobil Eyes Building CCS Hubs in Southeast Asia
ExxonMobil is looking to build carbon dioxide capture hubs in some of southeast Asia's heavy industrial areas such as Singapore and connecting them to storage s…
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