Global demand for biofuels is driving a sharp increase in used oil imports to Europe and the United States, straining global feedstock supply chains, according to the International Energy Agency.
The Philippine government grants contractual advantages and priority dispatch to its first nuclear project, laying the groundwork for sustained sector development in the coming decades.
Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.
Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
Indonesian authorities identified traces of caesium-137 in 22 facilities near Jakarta following the recall of contaminated shrimp exported to the United States by a local producer.
Sembcorp Industries has signed a purchase agreement to acquire a 300-megawatt solar plant in India, boosting its renewable energy footprint to a total capacity of 6.9 gigawatts.
Driven by rising electricity demand and grid flexibility needs, natural gas power generation is expected to grow at an annual rate of 4.8% through 2030.
China set a record for clean technology exports in August, driven by surging sales of electric vehicles and batteries, with more than half of the growth coming from non-OECD markets.
State-owned PT SMI financed 65% of the Ijen geothermal plant, recently inaugurated, while continuing social responsibility programmes in East Java province.
The Japanese company has completed the first phase of a tender for five annual cargoes of liquefied natural gas over seven years starting in April 2027, amid a gradual contractual renewal process.
The potential removal by Moscow of duties on Chinese gasoline revives export prospects and could tighten regional supply, while Singapore and South Korea remain on the sidelines.
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
The ASEAN Power Grid enters a strategic phase with renewed support from regional and international institutions to structure electricity trade among member states and secure the necessary investments.
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.
VINSSEN becomes a central player in designing the world’s first commercial transport vessel fully powered by a fuel cell using ammonia as a hydrogen carrier.
Hydrexia and WEDSB join forces to accelerate hydrogen development in Malaysia with an ambitious plan supported by the Selangor government, leveraging innovative technologies for sustainable energy transition.
At COP29, Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), emphasizes the inclusion of nuclear energy in climate financing, while targeting a regulated access approach for developing countries.
Citicore Renewable Energy Corporation (CREC) has signed a 2 GW agreement with Trinasolar to supply its solar projects, aiming to support the Philippines' renewable energy ambitions.
Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
Facing growing domestic demand, Vietnam's Nghi Son refinery seeks government approval to increase its Kuwaiti oil imports, thereby exceeding its annual tax-free quota.
At COP29, Azerbaijan urges negotiators to swiftly adopt Article 6 rules, a critical issue for international carbon credit markets. Talks are intensifying in Baku, but obstacles remain.
Saudi Aramco reduces its December official selling prices for crude oil bound for Asia, a move in line with market expectations. Adjustments vary by crude type, with larger cuts for lighter grades.
As COP29 approaches in Azerbaijan, tensions emerge as climate ambitions clash with economic realities, and vulnerable nations express growing impatience.
With increasing sanctions against Russian LNG, an evasion ecosystem is emerging in various global hubs, fostering transactions in local currencies and a parallel trade network.
By leveraging its nickel resources, Indonesia inaugurates its first battery plant with the ambition of becoming a major player in the electric vehicle supply chain.
With growing emissions in the oil and gas sectors, the Asia-Pacific is exploring carbon capture and storage (CCS) solutions to meet climate goals, but the lack of a unified strategic framework hinders progress.
An NGO report warns of environmental risks associated with oil and gas concessions in the "Coral Triangle," one of the world’s richest marine ecosystems, threatened by maritime traffic and oil spills.
Kerosene demand in Asia remains strong, reinforcing its position over diesel, despite the massive arrival of cargoes from India and the Middle East, which could reverse this trend.
In September, Brazil replaced Malaysia as the top supplier of blended bitumen to China, due to banking restrictions and new trade opportunities with Latin American countries.
BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.
Japan is projected to become the leading hub for captured carbon (CO2) trade in the Asia-Pacific region by 2050, according to Wood Mackenzie, with government investment and policy support being crucial to this goal.
Copenhagen Energy has obtained the Green Lane Certification for its BuhaWind projects in the Philippines, facilitating the rapid implementation of wind farms and contributing to the country's energy transition.
