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Oil & Gas Trade
McDermott and Ptsc to Rake in Over $1 Billion for Asian Gas Project
U.S. offshore engineering and construction player McDermott, as part of a consortium with Petrovietnam Technical Services Corporation (PTSC), has gotten its han…
LNG
Eni Boosts Global LNG Portfolio After Deal With Asian Gas Field Partners
Italian energy giant Eni has boosted its liquefied natural gas portfolio, securing additional volumes from partners in its operated Merakes field offshore Indon…
Cooperation case
BRIForum: ERG Signs Agreement With China's ENFI to Support Development of Comide Cobalt and Copper Asset in Drcongo
Eurasian Resources Group, a leading diversified natural resources group headquartered in Luxembourg, has signed an agreement with China's ENFI Engineering C…
Energy Storage Project
ERG Signs Deal to Sell Cobalt to US Battery Materials Producer
Luxembourg-Based Eurasian Resources Group (ERG) has signed a deal to sell cobalt for five-years from 2026 to electric vehicle battery materials producer EVeluti…
LNG Carrier
Samsung Wins 350.8 Bln-Won Order for LNG Carrier
South Korean shipbuilder Samsung Heavy Industries Co. said Tuesday it has bagged a 350.8 billion-won (US$260 million) order to build a liquefied natural gas (LN…
Oil & Gas Supply
Pakistan Weighs Early Closure of Some Gas, Diesel Power Plants Under Adb Scheme
Pakistan is exploring the possibility of shutting down some of its gas- or diesel-fired power plants before their economic lifetime ends, as part of a low-carbo…
Hydropower Plant
Hydro-Rich Tajikistan Plans to Produce 1 Mln Tons of Hydrogen by 2040
Hydropower-rich Tajikistan plans to produce 1 million metric tons of green hydrogen by 2040 for usage at home and exports to neighbouring central Asian countrie…
Thermal Coal
US Thermal Coal Exports Jump to 5-Year Highs on Asian Demand: Maguire
United States thermal coal exports hit their highest levels since 2018 during the first eight months of 2023, climbing 20% from the same period in 2022 thanks t…
Power Construction
ADB Approves $200M Loan for Uzbekistan's Power Distribution System
It aims to digitalise 26 distribution substations in the country.The Asian Development Bank (ADB) has given the green light for a $200m loan that will support t…
Carbon Capture
Indonesia Plans First Carbon Trade Next Week
Indonesia plans to run its maiden carbon trade next week, aiming to offer companies and financial institutions a mechanism to offset their emissions, while prov…
Nuclear Technology
China, ASEAN Enhance Cooperation on Peaceful Uses of Nuclear Technology
China holds the second China-ASEAN Forum on Peaceful Uses of Nuclear Technology in Nanning, the capital of south China's Guangxi Zhuang Autonomous Region, S…
LNG
ADNOC Inks Long Term LNG Supply Deal With Japanese Giant
Adnoc Gas, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), has signed a five-year liquefied natural gas supply deal with Japan Petroleum Exploration…
Oil&Gas Drilling
Saudi Arabia Will Supply Full Oil Volumes to Asian Buyers in September
Saudi Arabia will supply full crude oil volumes in September under contracts with Asian buyers, Reuters has reported, citing multiple unnamed sources.The news c…
Offshore Wind Power
SeAH, Navantia Seanergies Form Offshore Wind Ties
Spanish state-owned Navantia Seanergies and SeAH have signed a collaboration agreement for the development of offshore wind in countries on the Asian continent.…
Solar project
Deal Signed to Build 1GW Hybrid Solar Projects in Malaysia
Image: 123rfAsian renewables developer HEXA Renewables has signed an agreement to develop up to 1GW of hybrid solar photovoltaic projects in the southern tip of…
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