Thailand

Russian Arctic LNG 2 deliveries to Asia to slow this winter

The accelerated arrival of Russian cargoes in China has lowered Asian spot LNG prices, but traffic is set to slow with the seasonal closure of the Northern Sea Route.

Statkraft sells 1.5 GWp portfolio in India to Serentica Renewables

Statkraft has signed an agreement to sell solar and wind assets in India to Serentica Renewables, marking a strategic refocus on Europe and South America.

Kazakhstan entrusts German Nukem with oversight of its nuclear back-end

Kazakhstan has signed an agreement with Nukem Technologies Engineering Services GmbH to benefit from German expertise in nuclear decommissioning and radioactive waste management.
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Transatlantic rift over Russian oil reduces Indian volumes in October

The divide between the United States and the European Union over regulations on Russian oil exports to India is causing a drop in scheduled deliveries, as negotiation margins tighten between buyers and sellers.

JERA targets 20-year contract for Alaskan LNG with Glenfarne

Japanese giant JERA has signed a letter of intent to purchase one million tonnes of LNG per year from Alaska, as part of a strategic energy agreement with the United States.

Global wind sector targets 2 TW installed capacity by 2030 despite uncertainties

Driven by China's acceleration, global wind capacity is expected to reach 170 GW in 2025, paving the way for a doubling of installed capacity by 2032.
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Russia increases oil exports from western ports by 11% in September

Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.

BlackRock and partners target $10.3 billion for Aramco gas deal financing

A consortium led by BlackRock is in talks to raise up to $10.3 billion to finance a gas infrastructure deal with Aramco, including a dual-tranche loan structure and potential sukuk issuance.

Hydrogen surpasses USD110 billion in committed investments across more than 500 projects

Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
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Two sanctioned Russian LNG carriers deliver to China despite restrictions

The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.

StarCharge seals 1 GWh deal in India with Prozeal Green Energy

StarCharge has signed a contract to supply 1 GWh of battery energy storage systems to Prozeal Green Energy, strengthening its presence in the Indian market and continuing its international expansion.

Greek shipowners cut Russian crude links under new compliance rules

Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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Iraq in talks with ExxonMobil for refining capacities in Asia

SOMO is negotiating with ExxonMobil to secure storage and refining access in Singapore, aiming to strengthen Iraq’s position in expanding Asian markets.

Coal India launches 5 GW of solar and wind projects across the country

Coal India issues tenders to develop 5 GW of renewable capacity, split between solar and wind, as part of its long-term energy strategy.

Washington lowers import duties and opens the door to $550 billion Japanese investments

The United States cuts tariffs on Japanese imports to 15%, while Tokyo launches a massive investment plan targeting American energy, industry, and agriculture.
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Australian coal exposes global steelmakers to hidden climate risk

Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.

Hitachi injects $1bn into transformer manufacturing to strengthen US grid interconnection

Hitachi Energy commits $457mn to build a transformer factory in Virginia, part of a $1bn plan to support electrical interconnection in the US amid rising demand from artificial intelligence infrastructure.

SPIE secures strategic contract for TPC II offshore wind farm in Taiwan

SPIE Wind Connect will carry out subsea connections for phase II of the TPC project, a major development in Taiwan’s offshore wind sector with a projected annual capacity of 1,000 GWh.
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Toyota invests €680mn to produce its first electric vehicle in Europe

Toyota launches production of its first electric vehicle in Europe at its Kolin plant in the Czech Republic, supported by a €680mn investment, including €64mn in public funding.

Taiwan denounces deployment of 12 Chinese oil platforms in its waters

Taiwan accuses China of illegally installing twelve oil structures in the South China Sea, fuelling tensions over disputed territorial sovereignty.

Allianz anticipates a hydrogen insurance market exceeding USD3bn by 2030

Global hydrogen development, supported by more than 1,500 ongoing projects and significant investments, is driving strong demand for insurance coverage, with potential estimated at over USD3bn in annual premiums by 2030.

H2G Green Limited bets on hard carbon to equip the sodium-ion battery market

H2G Green Limited and Singapore’s Agency for Science, Technology and Research launch a partnership to industrialise a process transforming biochar into hard carbon, essential for sodium-ion and lithium-ion battery production. —

Scatec obtains retroactive tariff on ancillary electric services in the Philippines

Scatec ASA and Aboitiz Power secure approval for an increased tariff on ancillary services, generating more than $21mn in retroactive revenue on the Philippine market.
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Reliance, BP and ONGC Unite to Explore Saurashtra Offshore Basin

The consortium formed by ONGC (40%), Reliance (30%) and BP (30%) has signed a joint operating agreement for block GS-OSHP-2022/2, marking the first tripartite collaboration in Indian oil exploration.

Stonepeak launches JouleTerra to develop strategic energy sites across Europe

Stonepeak announces the creation of JouleTerra, a platform dedicated to the aggregation and management of grid-connected land, aimed at supporting the deployment of renewable energy infrastructure throughout the European continent.

Eco Wave Power installs its first wave energy floaters at the Port of Los Angeles

Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.
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Air Liquide accelerates growth in the first half of 2025 with a record investment backlog

The French group posted higher sales and profitability while setting a new record for its investment backlog, driven by the electronics and energy transition sectors.

EU–US energy deal faces global market realities

The European commitment to purchase $250bn of American energy annually raises questions about its technical and economic feasibility in light of limited export capacity.

Global geothermal investments projected to reach $13.56bn by 2030

The rise in investments and the boom in binary cycle technologies are placing geothermal energy at the heart of global energy strategies, driven by heat pump demand and Asian ambitions.
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Bluebird Solar launches major investment to double its capacity in India

Bluebird Solar is initiating a significant investment plan in Greater Noida to increase its production capacity to 2.5 GW and integrate automated lines powered by artificial intelligence.

TotalEnergies ENEOS completes rooftop solar power plant with TechnipFMC in Malaysia

TotalEnergies ENEOS has commissioned a 680-kilowatt photovoltaic facility at TechnipFMC’s Johor Bahru site, supplying 20% of the factory’s energy needs under an 18-year power purchase agreement.

OMS Energy Technologies posts 25% revenue growth and strengthens profitability in 2025

OMS Energy Technologies Inc. reports solid financial results for 2025, driven by marked revenue growth, improved gross margin and a reinforced cash position in a shifting market.
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Nordex Group posts 81% order growth and strong cash flow in the second quarter of 2025

Nordex Group records a significant jump in profitability and order intake, reaching EUR 2.3 bn in the second quarter of 2025, confirming its financial trajectory with a positive free cash flow.

Seoul and Tokyo strengthen cooperation to secure regional oil supply

South Korea and Japan are reinforcing coordination on strategic stocks and oil logistics as growing dependence on Gulf imports and geopolitical tensions affect the Asian market.

Three drones fly over Genkai nuclear power plant, Japanese authorities alerted

The Genkai nuclear power plant detected the intrusion of three unidentified drones, prompting an immediate investigation by Japanese authorities into this unusual incident with potential national security implications.
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Eni considers strengthening its share buyback after a strong second quarter

Eni is considering increasing its share buyback programme after financial results exceeded expectations, with reduced debt and revised annual targets in the gas segment.

Google signs global agreement with Energy Dome to deploy COâ‚‚ systems

Energy Dome has signed a strategic partnership with Google to globally deploy its long-duration COâ‚‚-based energy storage technology, aiming to support the continuous supply of electricity to power grids.

Trump threatens tariffs on Russian oil, but Reuters says enforcement unlikely

Donald Trump has raised the prospect of tariffs on countries buying Russian crude, but according to Reuters, enforcement remains unlikely due to economic risks and unfulfilled past threats.
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Kazakhstan launches oil refining strategy to 2040 with $5bn in investments

Kazakhstan adopts an ambitious roadmap to develop its refining and petrochemical industry, targeting 30% exports and $5bn in investments by 2040.

The International Energy Agency forecasts 7% growth in global LNG trade in 2026

The International Energy Agency anticipates an acceleration in global liquefied natural gas trade, driven by major new projects in North America, while demand in Asia remains weak.