Energy markets

Blackstone eyes US$2.6 billion of debt to finance power merger

Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids

Top EV players CATL did not break out energy storage shipments through the third quarter.
ANALYSIS

China’s power reforms, global data centre buildout usher in battery boom

China lithium-ion battery cells for energy storage tipped to jump 75% this year

CVC’s investment in Low Carbon will be done via its DIF Infrastructure VIII fund.

CVC leads £1.1 billion deal to back UK energy firm Low Carbon

The investment will help Low Carbon expand its renewable electricity business in the UK and Europe

At the core of the push for alternative fuels is Finspang, Siemens Energy’s flagship gas turbine R&D and manufacturing hub for over a century.

Siemens Energy bets on ammonia, fuel flexibility to future-proof Asia’s power systems

The energy technology provider sets 2030 target for 100% hydrogen and ammonia-capable turbines

For the oil-rich US, a collapse in domestic production is an embarrassment, but hardly an emergency.

The China ‘put’ in oil markets will reshape the world

The biggest importer has been stockpiling hydrocarbons, despite the fact that its own consumption already appears to be peaking

The US wants the world to buy its fossil fuels, while China wants to sell the world its clean energy technologies.

China is beating the US in the battle for energy export dominance

The Asian nation’s exports of clean energy technology hit a record in August, with US$20 billion shipped globally

Puah Kok Keong, chief executive of the Energy Market Authority, is sanguine about the stability of Singapore’s LNG supply amid geopolitical tensions.

Singapore eyes breakthrough in landmark regional clean-power deal by October: EMA chief

The power integration project counts among the country’s efforts to ramp up renewable energy imports, as it aims for net-zero emissions by 2050

Despite rising production from the Opec+ cartel, oil prices have stabilised in recent weeks at just over US$65 a barrel – about US$10 above the lows seen in early May.

Winter is coming for oil – and not in a positive way

Shifting seasonality means global demand will be lower in the fourth quarter than the third

From left: Hisham Hamdan, CIO of Khazanah Nasional; Pandu Sjahrir, CIO of Danantara; and Abdulla Al-Kuwari, head of QIA Advisory, at the Asia Economic Summit in Jakarta on Jun 26.

Indonesia’s sovereign wealth fund looks to invest abroad, with sights set on energy assets

While Danantara continues to prioritise domestic investments, it also recognises the importance of global opportunities for long-term goals: CIO