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Oil & Gas Trade
Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten to hit Venezuela’s ability to export oil, choking off the main source of cash for Nicolas Maduro’s regime and po…
Energy storage technology
Can The U.S. Compete With China In The Energy Storage Race?
Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…
Asian Markets Fall as Coronavirus Hits Earnings, Growth
China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…
Solar Power Plant
Sembcorp Awarded Singapore’s Largest Floating PV plant
Sembcorp Industries' Singapore-based subsidiary has been selected to build the largest floating PV plant in the Southeast Asian state, standing at 60MW on Tenge…
Market Analysis
Asia Set to Become Global Capital for Solar Power by 2050
As renewables take over the world’s energy mix, the region will continue to grow its global PV capacity at full speed.
Solar Technology
India Surges Ahead in Global Solar Race
Indian solar energy story marked a new milestone after India topped the Asia Pacific Region (APAC) for solar photovoltaic (PV) tenders in December 2019.
Oil & Gas Trade
Crude Oil Jumps on Libya Export Blockage, Iraq Disruptions
Oil gained in Asian trading Monday following supply disruptions and political instability in key producers Libya and Iraq.
Oil&Gas Drilling
China Finds Oil In Asia’s Deepest Onshore Well
China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia’s onshore, striking hydrocarbons in a pre-s…
Coal Price
Thermal Coal Prices Are Expected to Recover This Year As Oversupply Tightens
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian countries grows …
Wind Turbine
China Lays Foundation for Asia's Most Powerful Wind Turbine
Installation completed to support 10MW prototype that will be region's highest-rated machine yet in service.
Global Power Industry Tenders In December 2019: Solar Technology Declines 24%
Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 65 tenders and a share of 72.2% during…
Offshore Wind Power
China Lays Foundation for Asia's Most Powerful Wind Turbine
Installation completed to support 10MW prototype that will be region's highest-rated machine yet in service
Oil & Gas Trade
India May Significantly Boost U.S. Oil Imports
India and the United States will discuss India’s energy security and the Asian country buying increased volumes of U.S. crude oil when U.S. President Donald Tr…
Oil & Gas Trade
India, Russia Initiate Talks for Long-Term Oil Supply
India and Russia have begun negotiations on an agreement for long-term assured supplies of crude oil, especially from Russia’s Far East region, as New Delhi lo…
Adnoc Signs $23bn Energy Deals With Indonesia's Pertamina And Chandra Asri
Abu Dhabi National Oil Company signed a preliminary agreement with Indonesia's Pertamina and Chandra Asri to explore the possibility of developing a crude-to-pe…
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