Tag Archives: Asia

Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in Middle East benchmark Dubai, trade sources said. Price cuts for Saudi oil would signal weak demand and provide more evidence for the Organization of the Petroleum Exporting …

Russia is pressing ahead with a whole new form of gas transport, unveiling designs for nuclear-powered submarines to ferry LNG from the Arctic to Asia. The Kurchatov Institute, Russia’s leading research and development institution in the field of nuclear energy, is working with energy giant Gazprom to build the underwater …

Southeast Asia’s role in the global energy system is set to grow strongly over the next decade, according to the International Energy Agency’s (IEA) most recent publication. The region will contribute heavily both to energy production as well as global demand, as its population expands rapidly, and several countries undergo …

The world’s largest crude exporter, Saudi Arabia, has raised the price of its flagship grade to Asia by more than expected amid high volatility in international oil prices amid the escalating conflict in the Middle East. Saudi Aramco in the weekend raised the price of its Arab Light grade loading …

Hoping to drum up some much-needed cash to help fuel the Kremlin’s war effort in Ukraine, Rosatom, Russia’s state-controlled nuclear entity, is hyping atomic energy as a “green” solution to Central Asia’s power problems. But Rosatom’s efforts to assuage Central Asian citizens on the safety and greenness of Russian nuclear …

Worsening refining margins in China and the wider Asian region and weaker Dubai benchmark prices could make the world’s top crude oil exporter, Saudi Arabia, reduce the price of its crude loading for Asia in October, a Reuters survey of refining industry sources showed on Monday. Saudi Aramco, the world’s …

Asia is on track to import this month the highest level of LNG since January as demand grows despite rising spot LNG prices in the region. Asia’s LNG imports are expected to stand at 24.85 million metric tons in July, the highest level in six months, and higher than the …

Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years, are scrambling to invest in regional markets to provide potential outlets to sell the gas. As more nuclear plants restart and renewable energy gains momentum, Japan’s LNG …

Global CO2 equivalent emissions grew by 2.1% in 2023, crossing 40 billion metric tons for the first time. This category of emissions is the sum of carbon dioxide emissions from energy, carbon dioxide emissions from flaring, and methane emissions (in carbon dioxide equivalent). This news, reported by the recently published …

Coal imports into Asia this month are expected to remain strong despite a slight decline in coal demand from China and India—the biggest importers. Japan, the third-biggest, is the only one of the top coal importers in Asia set to see an increase in imports this month. Reuters’ Clyde Russell …