Oil price to gain on Asian fuel switching from LNG
Asian power demand is switching away from LNG and into oil burning, Rystad Energy has said, driven by high prices.
Taiwan
‘Carbon Neutral’ LNG demand soars in Asia despite criticism
Liquefied natural gas (LNG) shipments tagged “carbon neutral” are gaining popularity among Asian buyers, despite criticism that the offsets used to justify the label don’t actually cancel out planet-warming emissions generated by the fossil fuel.
BP delivers first carbon neutral LNG cargo in Asia-Pacific
BP has delivered a first carbon offset LNG cargo to Taiwan, its first in the Asia-Pacific region.
Eni set to ship carbon neutral LNG to Taiwan
Italy’s Eni will ship a carbon-neutral liquefied natural gas (LNG) cargo from Indonesia to CPC Corporation in Taiwan.
Asia Pacific offers a myriad of opportunities for UK companies
The diverse Asia Pacific regions offer a myriad of opportunities, ranging from decommissioning, late-life field rejuvenation, offshore wind, as well as carbon capture and storage (CCS), for adventurous UK companies.
Qatar signs 15-year LNG supply pact with Taiwan
Qatar Petroleum will supply 1.25 million tonnes per year of liquefied natural gas (LNG) to Taiwan’s CPC Corporation for 15 years. Qatar Petroleum said yesterday that LNG deliveries will start in January 2022. Since the first LNG delivery in March 2006, CPC has received more than 63 million tonnes of LNG from Qatar.
Scottish firm FoundOcean picked for Taiwan offshore wind foundations job
Scottish offshore construction grouting firm FoundOcean has won a contract to provide the foundations for a 100-turbine offshore wind farm in Taiwan.
Vast opportunities loom as Asia offshore wind gets set for massive expansion
The offshore wind market in Asia is expected to experience massive expansion over the next five to 10 years, particularly in the more advanced economies of Taiwan, Japan and South Korea, as governments face increasing pressure to focus on climate change and hit their net-zero emissions targets.
China’s mega-refineries are throttling other Asia oil processors
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the region.
Floating offshore wind could be massive in Asia
The floating offshore wind power market in Asia Pacific could offer investment opportunities worth up to $58 billion as a significant market for the technology is emerging, latest research from Wood Mackenzie shows.
Offshore Wind Consultants appoints new Asia Pacific regional director
Wind engineering advisers Offshore Wind Consultants (OWC) has appointed Tom Whittle to its newly created role of Asia Pacific regional director.
CPC celebrates first delivery of Chadian crude
Taiwan’s CPC Corp. has celebrated the arrival of Chadian crude in its home market.
UK chases Asia’s largest offshore wind farm in Vietnam
The UK proposes to help develop one of the world’s largest offshore wind projects in Vietnam, where the market is expected to boom.
Lining up corporates to power Africa
African states trying to secure domestic energy infrastructure have tended to struggle with creditworthiness, which makes project financing more difficult.
Orsted invests almost $13bn in Taiwan despite Covid-19 crisis
The world’s biggest developer of offshore wind farms is weighing nearly $13 billion worth of projects in Taiwan, saying that so far the coronavirus outbreak hasn’t shifted its optimism about the region.
Rescue search begins as bridge collapse in Taiwan sparks oil tanker blaze
A towering arch bridge over a bay in eastern Taiwan has collapsed, sending a burning oil tanker truck falling on to boats in the water below.
Orsted awarded 920MW Taiwanese dream
Wind developer Orsted has announced today that it has been awarded 920 megawatts (MW) as part of Taiwan's first offshore wind auction.
Offshore consultancy Aqualis laying down roots in Taiwan
Offshore engineering consultancy Aqualis Offshore has opened an office in Taiwan to help the company drum up more work in oil and gas and renewables.
Taiwan showcases renewable technology in Scotland
A group of renewable experts from Taiwan are to showcase the best of their eco-friendly technology at part of the All Energy conference in Glasgow in May.
Dong Energy acquires 35% ownership in Taiwanese offshore wind project
Dong Energy has struck an agreement to acquire a 35% ownership interest in a Taiwanese offshore wind project.
Dong Energy opens Taiwan office to support offshore wind drive
Taiwanese officials officially opened Danish firm Dong Energy’s office in Taipei yesterday.
Enterprize Energy launches offshore windfarm
Enterprize Energy has launched an offshore windfarm project in the Taiwan Strait.
ReNew News: Taiwan to focus on offshore wind projects with $616m investment
A business unit has bee set up by the state-owned Taiwan power company to focus on development of offshore wind projects.
Hong Kong oil tycoon freed after kidnappers ask for £6million in ransom deal
A billionaire oil tycoon has been rescued after he was allegedly held hostage for more than a month in a £6million ransom deal. Wong Yuk-kwan, the chairman of Pearl Oriental Oil Limited, had been found in an avandoned cottage in rural western Taiwan. It’s believed the oil boss, worth an estimated £1.7billion, was abducted in September.