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Oil & Gas Supply
Russia’s Oil Output to Rise by 5% in 2022
Russia’s deputy prime minister Alexander Novak expects the oil output to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
RCEP
RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond
The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022
Nuclear Reactor
TVEL Starts PWR Fuel Fabrication at Novosibirsk
TVEL has launched a new fabrication facility for pressurised water reactor fuel at the Novosibirsk Chemical Concentrates Plant site in Russia.
Hydrogen Fuel Cell Vehicle
Hyundai Shutters Engine Development in Shift to Electric and Hydrogen Vehicles
Researchers focus on batteries, motors, fuel cells and semiconductors
Crude Oil
India’s Haldia Petrochemicals Plans New Cracker Project
Indian petrochemical producer Haldia Petrochemicals plans to develop a new oil-to-chemicals project at Cuddalore in south India's state of Tamil Nadu.
Crude Oil
China Oil Demand Seen Peaking In 2030
Crude oil demand in China is set to peak in 2030, until then driven by robust petrochemicals demand, research from state oil giant CNPC has suggested.
Nuclear Policy
Uzbekistan and IAEA Sign Cooperation Framework for Five Years
Uzbekistan and the International Atomic Energy Agency have signed a cooperation framework for five years.
China
Amid Global Energy Crunch, China’s Economic System Prevails Again
In late September, as an unusual cold wave arriving weeks earlier than previous years took the country by surprise, many residents in Northeast China were caugh…
Coal Trade
India’s Adani Group to start exports from Australia’s Carmichael coal mine
First shipment expected before end of year despite global pressure to phase out fossil fuel
Hydrogen Project
Germany Approves €900M for Green Hydrogen Project H2Global
Germany’s Federal Ministry of Economic Affairs and Climate Protection has approved €900 million for the innovative funding instrument H2Global.
Hydrogen Project
Cummins and Sinopec Officially Launch Joint Venture to Produce Green Hydrogen Technologies in China
Cummins Inc. and China Petrochemical Corporation announced the formation of a 50:50 joint venture — Cummins Enze Hydrogen Technology Co., Ltd.
Crude Oil
Oil Prices Reach Four-Week High on Declining U.S. Crude Stocks
Oil settled at the highest level in nearly a month after U.S. crude stockpiles decreased and economic data pushed equities higher.
Coal-Fired Power Plants
India To Consider Stopping New Coal Plants Construction
India is reviewing a proposal to stop new coal-fired capacity construction under a plan to meet its climate pledges, Indian outlet The Economic Times reported o…
Colombia
Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling
Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels this de…
Nuclear Power Plant
India to Boost Nuclear Power Capacity to 22.5GW by 2031
India’s Minister of State in the Department of Space and Department of Atomic Energy, Jitendra Singh, said India's present nuclear power capacity of 6780MWe is…
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