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…
Energy
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…
China-Myanmar pipeline grows in its appeal
There was no second-guessing why China’s President Xi Jinping made Myanmar his first stop in a visit earlier this year, even as coronavirus was mercilessly gripping his nation: China has never ceased …
Laos to boost power infrastructure
The Lao Ministry of Energy and Mines is implementing new measures and standards for dam safety in a bid to boost electricity sales to Laos’ foreign trading partners. The energy market is key for Laos …
Oil prices skid on demand concerns as virus spreads globally
Oil prices tumbled nearly 3% towards a one-week low on Monday as the rapid spread of the coronavirus in several countries outside China left investors fretting about a hit to demand. Global shares als…
Malaysia to implement B30 biodiesel mandate in transport sector before 2025
Malaysia will implement a B30 biodiesel program in the transport sector by 2025 or even earlier, Prime Minister Mahathir Mohamad said on Friday at the launch of the country’s National Automotive Polic…
Laos Plans to Build Sixth Large-Scale Mekong River Mainstream Dam
A Thai hydropower company has plans to build what would be Laos’ sixth large-scale Mekong river dam, the latest cog in Laos’ ambitious plan to become the “battery of Southeast Asia.” The Thailand-base…