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2022-02-24
China's Major Shale Gas Field Adds 19 New Wells
The Fuling shale gas field in southwest China's Chongqing Municipality has put 19 new wells into operation this year, increasing the daily gas output by 1.06 million cubic meters, said its developer Sinopec, China's largest oil refiner.
Oil Price
2022-02-24
Japan, Australia Monitoring Oil Market for Impact from Ukraine Conflict
Japan and Australia said on Thursday they were closely watching oil prices for any impact from hostilities in Ukraine, with Australia saying it was prepared to tap its oil stockpile held in the United States if global supplies are hit.
Carbon Neutral
2022-02-24
Chinese Tech Giant Tencent Pledges Carbon Neutrality by 2030
China's Tencent Holdings said on Thursday (Feb 24) it plans to have its operations and supply chain achieve carbon neutrality by the end of the decade.
Crude Oil
2022-02-24
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cloud Chain.
Natural Gas
2022-02-24
Natural Gas Production Rises 12% In January
Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022
Oil Price
2022-02-24
Natural Gas Prices Hit Record High In China
Natural gas prices in China have gained as much as 80 percent over the last month to reach a record high amid freezing weather and tight supply.
Oil Price
2022-02-24
Oil Price Set to Test Fresh Peaks Barring Iran Breakthrough
Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks.
Electric Vehicle Battery
2022-02-24
e6 – India’s First EV Model to Adopt BYD Blade Battery Technology
BYD India announced that its eMPV e6 is powered by BYD’s Blade Battery. It is a subsidiary of the Warren Buffett-backed Chinese EV maker BYD.
Solar Power Plant
2022-02-24
Qatar’s First Solar Plant to Use 800 MW of LONGi’s Bifacial Modules
The Al-Kharsaa project is the first solar power plant in Qatar, with a total planned power generation capacity of 800MW.
LNG
2022-02-24
Pakistan to Penalise Defaulting LNG Supplier
Pakistan LNG Limited (PLL) has made up its mind to impose a monetary penalty on Italy based LNG term supplier ENI, which is the 30 percent of the term cargo.
Coal Production
2022-02-24
China Starts Building 33 GW of Coal Power in 2021, Most Since 2016
China started building 33 gigawatts of new coal-fired power generation capacity last year, the most since 2016, research published on Thursday showed, a sign the country is falling back on fossil fuels as economic worries mount.
Natural Gas
2022-02-23
Israel to Increase Natural Gas Export to Egypt through Jordan Pipeline
Israel will begin exporting an additional 2.5 billion cubic meters of gas to Egypt this month via the Jordan pipeline.
Nuclear Policy
2022-02-23
A Nuclear Deal Could Be Reached in a Matter of Hours
Hossein Amir-Abdollahian told The Global Conversation that Tehran had shown flexibility and seriousness in negotiations with the West over its nuclear policy.
Solar Power Plant
2022-02-23
Turkey Provides 97% of Energy Capacity Rise from Clean Sources
Some 97% of Turkey's electricity generation capacity that came into operation last year was from renewable energy plants.
LNG
2022-02-23
China CNOOC to Add Giant New Tanks at LNG Terminal by End-2023
China National Offshore Oil Company, or CNOOC, aims to complete by the end of 2023 a project to install the world's largest storage tanks at a liquefied natural gas (LNG) receiving terminal being built in east China, it said late on Sunday.
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