Digital and green strong avenues of growth for ASEAN and UK
The UK’s long-awaited Integrated Review, outlining its international priorities in a post-Brexit world, has been released. Whilst it is wide-ranging in focus, there is a clear and strong tilt towards opportunities in digital and climate change within Southeast Asia. This should be welcome news for Asean member states, especially if the UK becomes a viable […]
O&G services companies never really recovered from 2016 downturn and prospects remain weak, says Moody’s
KUALA LUMPUR (April 7): Upstream oil and gas services companies have never really recovered from the 2016 downturn, and the trend in energy transition will pose another challenge in their path towards recovery, said Moody’s Investors Service. On top of that, prospects for the sector remain weak on the back of recent capex cuts, said […]
Southeast Asian Producers Want To Tie Their Future to Region’s Growing Energy Demand
Southeast Asian operators sit in the middle of the world’s fastest growing economic region where energy demand is expected to double over the next 20 years. But this picture of growth has been juxtaposed with the region’s declining oil and gas production—most of which comes from offshore fields—that has left it increasingly reliant on imports […]
Alternative Energy Regulation and the Covid-19 Pandemic Restrict Global Coal Market Growth
IndexBox has just published a new report: ‘World – Coal – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources […]
ESG in ASEAN: a shared vision of sustainable recovery
Environmental, social and governance (ESG) criteria are increasingly shaping the global corporate agenda. ASEAN presents a range of ESG opportunities: green infrastructure will boost ‘E’ developments; alternative financing will support ‘S’ impact; and enhanced ‘G’ collaboration could facilitate a coordinated recovery from the worst economic consequences of the pandemic. ESG standards are used by investors around […]
UOB’s U-Solar facilitates nearly 160GW hours of solar power
United Overseas Bank’s (UOB) U-Solar programme has facilitated the generation of nearly 160 gigawatt hours of solar power across the Asean region and simultaneously reducing over 77,200 tonnes of carbon dioxide equivalent in greenhouse gas (GHG) emissions.
Masdar looks to extend renewables position in ‘key market’ Southeast Asia
Abu Dhabi-based renewables company Masdar has a “significant ambition” to expand its clean energy portfolio in Southeast Asia, a company executive has told PV Tech.
Australia gives new priority status to AU$22bn renewable energy export project
An Australian solar-plus-storage project that aims to supply 20% of Singapore’s electricity demand has been marked as a priority initiative by advisory group Infrastructure Australia.
