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Asia
Pumped Storage
2022-04-06
Pumped Hydropower Storage: GE to Set up 1.5-GW Capacity for 2 Indian Units
Pumped hydro is seen as an alternate, most economical and reliable form of peak power generation that can easily provide 400 MW to 1GW in less than 60 seconds at a cost less than half of conventional power generation.
Crude Oil
2022-04-06
West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other producers amid self-sanctioning.
Iran
2022-04-05
Iraq in Need of Iranian Gas for Years: Iraqi Official
Iraqi Minister of Electricity Adel Karim has underlined that Iraq has not struck a deal with the littoral states of the Persian Gulf; thus, Baghdad requires gas import from Iran in coming years.
Oil Shale
2022-04-02
China's Major Shale Gas Field Records Output Growth in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality produced over 1.8 billion cubic meters of natural gas in the first quarter of 2022, up 1.67 percent year on year.
LNG
2022-04-01
China's Guangzhou Development, Mexico Pacific Sign 2 Mil MT/Year LNG Deal
China's Guangzhou Development Group, a Guangdong provincial government-owned power and natural gas supplier, agreed March 31 to buy 2 million mt/year of LNG from Mexico Pacific LNG Markets Pte. Ltd. for a 20-year period.
Carbon Emissions
2022-04-01
China’s Central Bank Leads in Green Finance Policies Globally: Report
The People’s Bank of China is outperforming other central banks across the globe in greening their financial system, the Institute for Energy Economics and Financial Analysis reported.
Joe Biden
2022-04-01
Japan Will Act Appropriately on Oil Reserves Release
Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by International Energy Agency (IEA) member countries later in the day.
Hydropower Plant
2022-03-31
China-Built Hydropower Station Begins Electricity Generation in Nigeria
The first unit of Zungeru Hydroelectric Power Station, the largest hydropower station in Nigeria built by Chinese enterprises, has officially generated electricity on Monday.
Russian Federation
2022-03-31
Is Russia Obstructing the Iran Nuclear Deal?
Addressing the Iran nuclear deal, EU Foreign Policy Chief Josep Borrell noted "sometimes they think they’re almost there. And other days not."
Thermal Plant
2022-03-31
Uzbekistan Commissions 240MW Thermal Power Plant
Alongside the thermal power plant, built by the Turkish company Cengiz Enerji, Uzbekistan is to build a 220MW piston gas power plant.
Carbon Emissions
2022-03-30
Covid-19 Cuts Japan’s Energy Emissions in FY 2020-21
Japan's energy-related CO2 emissions fell by around 83mn t in the April 2020-March 2021 fiscal year, as the Covid-19 pandemic limited economic activity and reduced energy consumption in the country.
South Korea
2022-03-30
South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict
South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook said.
China
2022-03-30
Chinese Geothermal Company Issues First Green Bond in Geothermal Sector
China-based geothermal heating giant Sinopec Green Energy Geothermal Development Co, Ltd have successfully issued a “Carbon Neutrality” green bond in Shanghai Stock Exchange with a size of RMB 300 million ($50 million) and a period of 3+2 years.
China
2022-03-30
Four Hydrogen-Ready Power Plants for China’s Greater Bay Area
Siemens Energy has signed agreements with Guangdong Energy Group and Shenzhen Energy Group to deliver a total of four H-class combined cycle power units.
China
2022-03-30
Global Wind and Solar Growth on Track to Meet Climate Targets
Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030.
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