Wednesday, April 23, 2025

Local Media News

Asian countries are looking to purchase more US energy in order to balance trade imbalance

As they try to reduce their trade surpluses with Washington, Asian governments are buying more U.S. gas and oil in order to ease their tariff burdens due to President Donald Trump’s new import duties.

Asian countries are looking to purchase more US energy in order to balance trade imbalance

As they try to reduce their trade surpluses with Washington, Asian governments are buying more U.S. gas and oil in order to ease their tariff burdens due to President Donald Trump’s new import duties.

Tariff talks: Indonesia proposes an increase of $10 billion in US energy imports

Energy Minister Bahlil Lahadalia said to local media that Indonesia would propose an increase of around $10 billion in its crude oil and liquefied gas imports from the United States…

Tariff talks: Indonesia proposes an increase of $10 billion in US energy imports

Energy Minister Bahlil Lahadalia said to local media that Indonesia would propose an increase of around $10 billion in its crude oil and liquefied gas imports from the United States…

President of Taiwan says Taiwan will be the first country to discuss tariffs with US

Taiwan will be among the first trading partners to have talks with Washington. President Lai Ching Te said this on Friday. His economy minister also said that the island can import more than $200 billion of U.S.

Modi's India aims to strengthen energy and defence ties during Sri Lanka visit

India wants to promote investment and strengthen defence and energy ties with Sri Lanka during Prime Minister Narendra Modi’s two-day visit to the island country, where New Delhi…

Reports say that Malaysia's Petronas will cut jobs in order to survive.

Local media reported that Malaysia's Petronas, the state-owned energy company, will reduce its staff to ensure its survival in the face of increasing challenges within the global operating environment.

Potentia Energy purchases major Australian renewable energy assets

Potentia Energy is a joint venture of Italy's Enel and Japan's INPEX Corp. It announced Thursday that it will buy control stakes in renewable energy projects worth 1 gigawatt in Australia.

Freeport Indonesia is in discussions with the government about copper concentrate exports

A company spokesperson revealed on Friday that copper miner PT Freeport Indonesia is currently in talks with the government about being able continue to export copper concentrates…

Russia, Pakistan Mull Energy Exploration JV

Copyright Oleksii/AdobeStock

Russia and Pakistan discussed cooperation on oil and gas offshore exploration and refining at intergovernmental meetings this week in Moscow, the Interfax news agency reported,…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Copyright aerial-drone/AdobeStock

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.Annual powe

South Asia's solar power push is facing a land battle

Food and jobs are at risk when cropland and pastures are taken away. By BhaskerTripathi and Md. Modhera’s 6 megawatts (MW) of solar power and battery storage system were built in 2022…

Costs rise, Equinor cancels offshore wind projects in Spain and Portugal

A Norwegian energy company Equinor, which had previously announced its exit from Vietnam, has cancelled offshore wind projects in Spain, Portugal and may withdraw from other countries in order to reduce spending…

Colombia's Cenit has reported five attacks on two oil pipes

Cenit is a subsidiary owned by Colombia's largest oil company Ecopetrol. On Monday, Cenit reported five attacks against the Cano Limon - Covenas - and Bicentenario - pipelines.

Ukraine approves $20 billion plan to increase renewable energy by 2030

The government of Ukraine said that Ukraine needs to invest $20 billion to develop the renewable energy sector. This is part of a plan to increase the share of renewables in the country's mix by 2030.

Petrobangla Gets 1st Q-Flex LNG cargo from Qatargas

Qatargas made its first liquefied natural gas (LNG) cargo delivery (LNG) on a Q-Flex vessel to the Floating Storage and Regasification Unit (FSRU) named ‘Excellence’ and known as Moheshkali LNG Terminal (MLNG)…

KY Gasline Erupts in Flames, One Dead

File Image: AdobeStock / © Hanmaomin

A natural gas line erupted in a ball of flames that could be seen for miles over a residential community in rural Kentucky on Thursday, killing one person and setting several houses on fire…

Fire burns out of control at Philadelphia refinery

A fire was burning out of control at an oil refinery in Pennsylvania on Friday morning, a Philadelphia fire department official said, as local media reported a series of explosions on site.NBC Philadelphia said the "mass

Trinidad Signs Pact with BP, Shell

The government of Trinidad and Tobago (T&T) has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities.According to local media reports, the…

Afghan Launches India-Iran Shipping

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar…

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