News Update

Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.

 

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Date News Title Source
7 October 2011 Bangladesh: World Bank approves $172m credit for renewable energy Eco Business
6 October 2011 Malaysian company starts waste-to-energy project in Sri Lanka Colombo Page
2 October 2011 China's green campaign saves 150m tons of coal China Daily
30 August 2011 Biogas fuels rural China's new energy drive China Daily
29 August 2011 Nepal: ADB‚ Japan launch new projects The Himalayan Times
25 August 2011 India: PSU wealth, $5 billion forex to help build energy fund The Financial Express
25 August 2011 Malaysia: Renewable energy expected to generate RM70 billion in revenue by 2020 Bernama
25 August 2011 Pakistan offers renewable-energy incentives to tackle shortages Bloomberg
24 August 2011 India: IIM-A incubator to start Rs 100 crore green fund Mint

 
Malaysia: Petronas strikes $1.1bn shale gas deal in Canada
Financial Times, 3 June 2011

Malaysia’s Petronas is paying M$3.32bn ($1.1bn) for a half share in three Canadian shale gas fields in an attempt to catch up with Asian rivals who have invested earlier in the booming North American unconventional energy sector. The state owned Malaysian oil and gas producer said the deal with Canada’s Progress Energy Resources also allowed for the construction of an LNG gas export terminal on the British Columbia coast in which it would have an 80 per cent interest.  Read full story...