AsiaElec - Asia Power
Japan’s top refiners scale back green energy plans as costs and energy security concerns soar
This cautious repositioning also includes a pivot towards LNG, with Eneos planning to strengthen and expand its LNG operations. Demand for LNG, the company believes, will likely continue to rise until around 2040.
Japan under pressure from US over investment in Alaska LNG pipeline
Japan’s participation in the $44bn initiative remains far from assured. Concerns persist within the energy sector over both the commercial feasibility and the long-term viability of the pipeline.
Chinese battery giant CATL to begin EV battery production in Indonesia by March 2026
The project will be carried out in two phases due to regulatory requirements set by the Chinese government.
Petronas and Petros move toward profit-sharing deal in Sarawak gas dispute resolution
Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are nearing a profit-sharing arrangement to resolve a long-standing dispute over gas distribution control in Sarawak, according to insights from Kenanga Research
Taiwan shuts final nuclear reactor amidst mixed reactions
Taiwan has officially ended its use of nuclear energy following the shutdown of its final operational reactor at the Maanshan Nuclear Power Plant in Pingtung County.
Philippines to boost power supply by 14.2 GW by 2030
The Philippine government plans to add 14,200 megawatts (MW) of new electricity capacity by 2030 to meet growing energy needs.
India’s LNG imports rise 21% in April
India’s liquefied natural gas (LNG) imports rose sharply in April 2025, reaching 3.03bn cubic metres (bcm), up 21.3% year-on-year, according to provisional figures from the Petroleum Planning and Analysis Cell (PPAC)
ReNew to invest $2.5bn in major hybrid renewables project in India's Andhra Pradesh
ReNew Energy Global has announced plans to invest around INR220bn ($2.5bn) in developing one of India’s largest hybrid renewable energy projects in Anantapur district, Andhra Pradesh, according to a company press release dated May 16.
China’s growing gap to Paris pledge threatens meeting of climate targets
The introduction of new Chinese renewable electricity pricing rules in June threaten the country’s ability to meet its Paris Agreement 2030 climate commitments, according to a report by Carbon Brief.
China’s CO2 emissions go into reverse for the first time
For the first time, China, the world’s biggest emitter of greenhouse gases, has seen its CO2 emissions go into reverse and start falling, despite a rapid growth in demand for power.
Eni boosts Indonesian gas output with Merakes East start-up
Italian energy giant Eni has commenced gas production from the Merakes East field in Indonesia's offshore Kutei Basin, further strengthening its foothold in Southeast Asia’s energy market
Sapura energy’s liquidity crisis persists despite return to profitability
Sapura Energy Bhd’s external auditors have once again flagged substantial doubts over the company’s ability to continue as a going concern, even as the Malaysian oil and gas services firm posted its first annual profit in six years
Woodside explores Aramco collaboration, potential stake in $17.5bn US LNG project
Shares in Woodside, Australia's largest gas producer, jumped nearly 4% following the announcement. The agreement also includes the possibility for Aramco to secure future LNG supplies from the facility.
Taiwanese business leaders urge cross-party support for Taipower $3.3bn plan
A coalition of eight influential Taiwanese business associations has appealed for cross-party backing of a proposed TWD100bn (approx. $3.3bn) government allocation to support Taiwan Power Co. (Taipower).
GE Vernova to invest $16mn in India to expand grid technology manufacturing and engineering
US-based GE Vernova will invest approximately $16mn in India to strengthen its electrification manufacturing and engineering capabilities, with a focus on advanced grid technologies
Thailand and Laos discuss boosting power trade ties
Thailand's Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga arrived in Laos on May 15 to expand cross-border electricity trade.
TNB and Malakoff poised to gain from Malaysia’s first gas plant tender in nearly a decade
Tenaga Nasional Bhd (TNB) and Malakoff Corp Bhd are expected to emerge as key beneficiaries of Malaysia’s first gas-fired power plant tender in nine years, amid soaring electricity demand driven by rapid data centre growth
Tata Power Q4 profit rises 25%
Denmark's KK Wind Solutions opens largest Asian facility in Bengaluru
Denmark-based KK Wind Solutions has inaugurated its largest manufacturing facility in Asia, along with a new office in Bengaluru, India, the company said in a press release dated May 14.
India’s coal imports drop 9.2% during April 2024 to February 2025 period
India’s coal imports fell by 9.2% to 220.3mn tonnes (MT) during April 2024 to February 2025, down from 242.6MT in the same period of the previous financial year
First Gen expands renewable energy holdings in the Philippines
First Gen Corporation has secured PHP10bn ($179mn) in funding from BDO Unibank Inc. to acquire the 165-megawatt Casecnan Hydroelectric Power Plant in Nueva Ecija, reinforcing its commitment to clean energy across Luzon.
Petronas-Petros gas pact set to cement Sarawak’s role in LNG supply chain
An agreement on natural gas management between Malaysia’s national oil company Petronas and Sarawak’s state-owned Petroleum Sarawak Bhd (Petros) is expected to be announced imminently, Sarawak Premier Tan Sri Abang Johari Tun Openg confirmed
Japan pledges $500mn to Indonesia’s clean energy drive as bilateral ties deepen
Indonesia’s Coordinating Minister for the Economy, Airlangga Hartarto, returned from a three-day visit to Tokyo with a series of landmark agreements, including Japan’s commitment to finance the Muara Laboh Geothermal Power Plant (PLTP)
Banyuwangi to host Indonesia’s largest land-based solar plant in push toward net zero
Banyuwangi Regency in East Java has been selected as the site for what will become Indonesia’s largest land-based solar power plant, with an installed capacity of 100 megawatts (MW)
Pakistan’s oil and gas production falls in April
akistan’s oil and gas production continued its downward trend in April, with crude oil output declining by 14% year-on-year to an average of 58,890 barrels per day, while natural gas production dropped by 8%
Russia eyes deeper coal partnership with India amid long-term supply plans
Russia’s coal reserves are sufficient to meet domestic demand for over 500 years, and the country sees significant scope for deepening cooperation with India in the coal sector.
Philippines pursues nuclear energy to secure future power supply
The Philippines is accelerating plans to adopt nuclear energy in response to rising power costs and dwindling domestic fuel reserves.
GAIL India receives five proposals for US LNG stake, long-term supply deals
State-owned gas importer GAIL (India) Ltd has received five proposals from US companies offering equity participation in liquefied natural gas (LNG) projects, each tied to long-term supply agreements
Cambodia's clean energy drive faces setback as share declines despite increased generation
Cambodia's share of renewable energy in final consumption declined to 52.4% in 2023 from 60.6% in 2016, according to an ASEAN Secretariat report released.
Bangladesh to rely more on oil-fired plants to curb summer power crisis
The government of Bangladesh plans to increase reliance on oil-fired power plants and boost fuel imports to address rising electricity demand during the ongoing summer and the upcoming Eid-ul-Adha holiday
COMMENT: Taiwan is playing with darkness by abandoning nuclear power
Japan has restarted many of its nuclear reactors, recognising their role in energy security and climate targets. South Korea has also reinstated nuclear as a core component of its energy strategy. Taiwan, by contrast, is marching backwards.
Expansion of Cedar LNG appears likely amid strong demand for Canadian LNG
Canada’s Cedar LNG is experiencing strong interest from Asian buyers, with early-stage negotiations pointing to a possible expansion terminal being added to the project.
Indonesia showcases forest-based carbon trading potential at Osaka Expo
The Indonesian Forestry Entrepreneurs Association (APHI) is spotlighting the country’s vast tropical forest carbon trading potential at World Expo Osaka, promoting the government’s FOLU Net Sink 2030 initiative to make forestry and land use sectors
Experts call for royalty windfall to fund fair and sustainable energy transition in Indonesia
Experts are urging the Indonesian government to allocate anticipated revenue gains from new mineral and coal royalty regulations towards a fair and sustainable energy transition
Indonesia unveils sustainable finance blueprint to close $240bn climate funding gap
Indonesia is accelerating efforts to establish a Sustainable Finance Committee (SFC) as mandated under Law No. 4/2023, with the Ministry of Finance, Financial Services Authority (OJK), and Bank Indonesia leading the charge to channel private capital
Jindal India Renewable Energy wins 300-MW solar-plus-storage project under SJVN’s 1200-MW tender
Jindal India Renewable Energy (JIRE), the renewable energy arm of the BC Jindal Group, has secured a 300-MW solar-plus-storage project awarded by state-owned SJVN
Adani Power wins 1,500-MW thermal power supply contract for India's Uttar Pradesh state
Adani Power Limited (APL), India’s largest private sector thermal power company, has secured a contract to supply 1,500 MW of thermal power to the state of Uttar Pradesh, the company said in a stock exchange filing.
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