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Offshore Wind Power
Danish and Asian Companies Compete for Contract to Build Offshore Wind Project in Taiwan
At least four leading Danish, Malaysian, Vietnamese, Singaporean, and US-based offshore contractors or consortia are said to be chasing a prized engineering, pr…
Solar Power Plant
Cleantech Solar Delivers Three New PV Projects in Malaysia and Thailand
Pan-Asian renewables company Cleantech Solar has commissioned three rooftop solar PV systems at AkzoNobel sites in Malaysia and Thailand.
Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
Oil Field
Military Seizes Power in Resource-Rich Burma
The elected leaders of Myanmar have been arrested by the military, sending the resource-rich southeast Asian nation into a fresh political crisis.
Carbon Neutral
Uzbekistan Joins Global Carbon Neutrality Race to 2050
European reconstruction bank signs on to assist Central Asian nation
Energy Investment
AIIB to Boost Financing for Green Projects
The Asian Infrastructure Investment Bank will increase financing for social infrastructure, green infrastructure and technology-enabled infrastructure, which ha…
Solar Power Plant
Bangladesh’s 35 MW Spectra Solar Park Comes Online
The facility was jointly funded by the Asian Development Bank and German state development lender the KfW.
Wind Farm
Seajacks Scoops Akita Noshiro Turbine Job
Seajacks Japan has been awarded a contract by Kajima Corporation for the transport and installation of MHI Vestas turbines for 139MW Akita Noshiro offshore wind…
Power Construction
India to Upgrade Rural Power Distribution Networks
The Asian Development Bank and the government of India have signed a $300 million loan to upgrade rural power distribution networks to provide reliable electric…
Oil & Gas Trade
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…
Crude Oil
Floating Oil Storage Shrinks Amid Robust Asian Demand
Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…
Hydropower Plant
India Gets $231m ADB Aid for Lower Kopili Hydro Project
The Asian Development Bank (ADB) has approved a $231 million loan to fund the construction of the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assa…
Crude Oil
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Hydropower Plant
ABD Approves Loan for New Hydropower Construction in India
A $231 million loan from the Asian Development Bank will be used to construct the Lower Kopili Hydroelectric power plant in Central Assam, India.
Oil Pipeline
Pakistan to Start Building LNG Pipeline with Russia in July 2021
Pakistan will start building a 1,100-kilometre pipeline with Russia in July 2021 that will allow the South Asian nation to operate more liquefied natural gas (L…
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