Staff Reporter

SGX will launch Asia’s first electricity futures market

Will also boost retail competition in Singapore's electricity market.

Shunfeng buys Chinese assets of bankrupt Suntech

Suntech once world's largest solar panel maker by capacity.

Indonesia to build 300,000 bpd refinery

Refinery will reduce dependence on imported fuels.

China reveals five-year plan for shale gas industry

Wants to duplicate US success in shale gas extraction.

Chinese firm set to rehabilitate key Philippine power plant

Chinese dominate bidding for Agus VI hydroelectric power plant.

Gamesa wins wind turbine contract in the Philippines

It’s Gamesa’s first Philippine contract.

China completes construction of first coal-to-gas project

Plant will start supplying gas to Beijing by yearend.

India prepares to build its largest nuclear reactor

Will also be India’s first light-water nuclear reactor.

Malaysia looks to add wind energy to mix

Will develops a national wind map next year.

UK firm plans 20 biomass plants in Vietnam

Plants will be will be fueled by rice husks.

Reforms could end monopolies in China’s energy sector

More private capital to exploit oil and gas resources. Wang Zhen, deputy director of the institute of energy strategy at the China University of Petroleum, claims monopolies in China's energy sector are coming to end. He noted that reforms will no longer stress state-ownership but will instead focus on competence and willingness to carry out national industrial policy. Reforms will prioritize the needs of the whole oil refining industry, he said. Analysts expect higher imports of refined oil products, allowing more private investors into the business.