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2024-10-14
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
The CCA gives the state greater revenue sharing, greater say and greater participation in the oil and gas value chain in Sabah.Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM10
Battery
2024-10-14
Solax to Invest USD 1.5bn in Battery, Smart Energy Production in China
SolaX Power (SHA:688717) plans to invest USD 1.498 billion (EUR 1.351bn) to build a research and manufacturing facility in the eastern Chinese province of Zhejiang which will be dedicated to utility energy storage and smart energy systems integrating sola
Offshore Wind Power
2024-10-14
China’s Sany Erects 15-Mw Onshore Wind Turbine Prototype
Sany says its 15-MW onshore wind turbine prototype can power 160,000 homes for a yearSany Renewable Energy Co Ltd this week said it has installed its self-developed 15-MW onshore wind turbine, the SI-270150, in Tongyu, Jilin Province, in northeastern Chin
Electric Vehicles
2024-10-14
Hyundai India Starts $3.3 Billion IPO in Country’s Largest Ever Share Sale
Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country's largest ever share offering and world's second biggest IPO i
Electric Vehicles
2024-10-14
Hyundai India Starts $3.3 Billion IPO in Country’s Largest Ever Share Sale
Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country's largest ever share offering and world's second biggest IPO i
Saudi Arabia
2024-10-14
Gensol Engineering Wins Order for Rooftop Solar Project in Dubai
rooftop solar project in DubaiGensol Engineering has been awarded a prestigious contract by UAE's leading sustainable development and clean energy development company for the design, construction, and long-term operation and maintenance of rooftop
Nuclear Power Plant (NPP)
2024-10-14
Meralco, Doosan to Study Deployment of Nuclear Facilities in PH
Photo from MeralcoManila Electric Company (Meralco) has signed a memorandum of understanding with South Korea’s Doosan Enerbility Co., Ltd., to look into collaborations on developing low-carbon energy projects, including possibly developing nucl
Coal Production
2024-10-14
Closure of ASEAN’s Newer Coal Plants by 2040 Doable
Photo by Tom Fisk via PexelsAdding new coal plants and retrofitting existing ones are a larger risk to the transition.Younger coal plants in the Association of Southeast Asian Nations (ASEAN) region could be profitably retired by 2040 — the deadline under
Oil & Gas Trade
2024-10-14
Vietnam Electricity and Oil and Gas Group Seal PPAs for Nhon Trach Plants
Vietnam Electricity (EVN)Vietnam Electricity (EVN), Vietnam Oil and Gas Group, along with their member units have signed several deals, which includes power purchase agreements (PPA) for Nhon Trach 3 and 4 power plants.In a statement, EVN said the signing
LNG
2024-10-14
Singapore Explores Joint LNG Procurement With Kogas
MISC's LNG carrier Seri Begawan at the Singapore LNG terminal in SingaporeSingapore’s Energy Market Authority (EMA) has signed a new agreement with Korea Gas Corporation (Kogas) with an expanded scope to explore the joint procurement of
Offshore Wind Power
2024-10-12
South Korean Floating Offshore Wind Project Receives TSA
MunmuBaram project has entered into a transmission service agreement (TSA) with Korea Electric Power Corp. (KEPCO).Hexicon AB, a developer of floating offshore wind energy, has announced that its MunmuBaram project has entered into a transmission service
China
2024-10-12
Eco Wave Power’s CEO Arrives for Official Site Visit in Taiwan
Eco Wave Power Global AB, a leading, publicly traded onshore wave energy technology company, has announced that following the signing of the agreement for the sale of the first wave energy generation unit to I-Ke International Ocean Energy Co. (I-Ke), a s
LNG
2024-10-11
Exclusive: Japan Could Boost LNG Buys for Emergency Reserve to Nearly 1 Mln T a Year, Meti Official Says
Model of LNG tanker is seen in front of Japan's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsJapan is considering stepping up purchases of liquefied natural gas (LNG) for emergen
Oil & Gas Trade
2024-10-11
K Line and Partners to Evaluate CCS Opportunities in Alaska
Courtesy of K LineUnder the agreement, the three companies will conduct a feasibility study to investigate possibility for building a CSS value chain in which CO2 is aggregated in Japan and transported by large liquefied CO2 vessels to Alaska for sequestr
Offshore Wind Power
2024-10-11
MEO Group and Taihan Cable & Solution Sign Offshore Wind MoU
Together, MEO Group and Taihan plan to foster collaboration on offshore wind projects, especially in South Korea, with the deployment of the Group’s vessels and Taihan’s cable-laying vessels (CLVs).Based in Singapore, MEO Group runs 14
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