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Malaysia commits to regional energy initiatives at ASEAN Green Hydrogen Conference
Malaysia has reaffirmed its commitment to collaborating with ASEAN counterparts to advance regional initiatives such as the ASEAN Power Grid, which aims to enhance energy connectivity and security across Southeast Asia
Taiwan leads Asian democracies in wind power development: Premier
Taiwan is at the forefront of offshore wind power development among Asian democracies, Premier Chen Chien-jen said on May 7 during an inspection of the Miaoli offshore wind farm in the west of the country
Western Balkans urged to embrace renewable energy for district heating
Fossil fuels are still being burned in district heating networks across the Western Balkans, despite the pressing need to prepare for the transition to green energy, finds a Bankwatch report.
Petrobras banks on strong supplier chain to commission 14 platforms
Petrobras plans to commission 14 floating production storage and offloading (FPSO) platforms in 2024-2028, representing one-third of global FPSO orders during this period
KPC renews crude supply contract with Unipec
State-run Kuwait Petroleum Corp. (KPC) has extended a crucial contract with Chinese trader Unipec, securing a supply of around 300,000 barrels per day of crude oil.
Panama Canal seeks to increase transit volumes from US LNG producers
US LNG producers are seeking to increase volumes shipped through the Panama Canal and are currently in the midst of negotiations with the canal’s authorities to secure additional slots.
Indonesia's state electricity company PT PLN accelerates renewable energy adoption for financial stability
Indonesia's state electricity company, PT PLN, could address its financial challenges by accelerating the adoption of solar and wind energy
India’s Hindustan Petroleum to start operations at Chhara LNG terminal in October 2024
India’s state owned Hindustan Petroleum Corp. (HPCL) is set to launch its 5mn tonnd per year Chhara LNG import terminal by October, following a series of delays
Petrobras required to assess Amazon drilling impact on indigenous communities
Brazil's national oil company has been required to conduct a series of studies on the impact of planned offshore drilling on Indigenous groups in the Amazon area, according to documents from government agencies
Iran's renewable energy growth modest amid ambitious targets
Iran’s renewable energy production has grown nearly 1.4% this year, a tiny percentage indicating a long way ahead to achieving ambitious targets, the state news agency IRNA reported on May 13.
Argentine natural gas industry seeking shipping alternatives to boost exports to Brazil
Argentina's natural gas industry is exploring alternative shipping routes to boost exports to Brazil from the Vaca Muerta shale formation in Patagonia, with Paraguay emerging as a potential new market.
$19bn worth of opportunities await investors in Iranian refining Industry
The National Iranian Oil Refining and Distribution Co. announced $19bn worth of investment opportunities up for grabs in Iran’s refining sector.
Renewables surpass 30% of global electricity supply
Renewable energy made up over 30% of global electricity for the first time last year, driven by a rapid surge in wind and photovoltaic solar power, according to new data from climate think-tank Ember.
Novatek to use domestic gas turbines at Arctic LNG-2
Russia’s Novatek plans to use domestically-produced gas turbines to power the Arctic LNG-2 terminal, following the failure of a Chinese supplier to provide the units on time.
ADNOC awards unconventional contract to drilling arm
ADNOC Drilling has been awarded a $1.7bn contract by its parent firm to provide drilling services for unconventionals.
Bolivia: Urgent need for new hydrocarbon legislation
With declining gas production and income in Bolivia, the government has underscored the necessity of revising and modernising the regulatory framework governing the hydrocarbon sector.
Liza Unity FPSO receives world's first REMOTE-CON Notation
The American Bureau of Shipping has granted the Liza Unity floating production, storage, and offloading vessel the REMOTE-CON Notation in recognition of its integration of remote-control functionalities.
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