Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown in demand recovery after the coronavirus pandemic an…
Energy
GE to provide advanced gas turbine technology for 718-MW gas power plant
GE (NYSE: GE) has announced that it will be providing its advanced gas turbine technology upgrade Advanced Gas Path (AGP) for the upcoming Reliance Bangladesh LNG & Power Ltd.’s 718-megawatt (MW)…
Philippines sets up committee to consider nuclear power
Philippines Energy Ministry said on 29 July that President Rodrigo Duterte had created an inter-agency panel to study the adoption of a national nuclear energy policy. Energy Secretary Alfonso Cusi ha…
Reviving energy cooperation in South Asia
Recent developments in South Asian energy security such as the India-Nepal petroleum products pipeline and the India-Bhutan joint venture hydroelectric project have revived conversations on energy coo…
ASEAN’s Largest Wind Farm To Be Built In Laos, Energy To Go To Vietnam
A Thai company is planning to construct ASEAN’s largest ever wind farm – in neighboring Laos. Energy giant BCPG Public Company has recently announced plans to develop their most ambitious project yet …
Philippines seen as geothermal power investment hotspot in 10 years
The Philippines is seen as an outperforming geothermal power investment hotspot in the next decade given its strong capacity for the renewable energy (RE) resource, according to Fitch Solutions Countr…
The Philippines considers a power sector future without new coal
Covid-19 has exposed the fragility and inequities of the old economy. On June 5, the Philippines’ Congress Committee on Climate Change approved House Resolution 761 calling for a climate emergency res…
ADB plus Canadian and German funds back 35 MW project in Bangladesh
The Asian Development Bank (ADB) and the governments of Germany and Canada are financing a 35 MW solar plant in Bangladesh. The multilateral lender announced details of the investment package for the …
Russia And Bangladesh Expand Nuclear Cooperation
A number of documents have been signed between Russian state nuclear corporation Rosatom and the government of Bangladesh that will enhance existing bilateral cooperation in the use of atomic energy f…
Brent crashes to US$36, after Saudi Arabian light price slashed
Oil plunged over 20 percent Monday after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets. The two main contracts…