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Asia
Joe Biden
2022-03-21
Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel
Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil and gas.
Oil Price
2022-03-21
Diesel Price for Bulk Esers Hiked Rs 25/litre; Private Retailers Stare at Closure
Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers.
Rooftop PV System
2022-03-21
Alibaba Logistics Arm Generates Solar Power From Warehouse Rooftops
Cainiao Network, the logistics arm of Chinese multinational Alibaba Group, has started using electricity generated from a warehouse rooftop solar PV system.
SINOPEC
2022-03-21
Aramco in Discussions with Sinopec on Downstream Ventures
Saudi Aramco is looking at a number of opportunities with China's state-backed Sinopec and is still in discussions with India's Reliance on a possible joint venture as the world's largest oil company is looking to further diversify downstream.
Oil Price
2022-03-21
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
LNG
2022-03-21
Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence
Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become less dependent on Russian energy sources.
Electric Car
2022-03-18
India to Pilot Hydrogen Vehicles
In the initiative Toyota’s Indian operation Toyota Kirloskar Motor is partnering with the International Centre for Automotive Technology (ICAT) to evaluate the vehicle in the local conditions.
Crude Oil
2022-03-18
National Daily Oil Output Totals 684,100 Barrels
Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.
Crude Oil
2022-03-18
Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets
Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets after Russia’s invasion of Ukraine sent prices surging.
Crude Oil
2022-03-18
Indian Purchase of Russian Oil not Violation of Sanctions: US
The White House has said that India would not be violating sanctions if it purchased discounted oil from Russia but doing so would put New Delhi on the wrong side of history.
LNG
2022-03-18
Bangladesh to Get more LNG Supply in Summer
The world's leading LNG (liquefied natural gas) producer Qatargas has agreed to re-schedule its LNG cargo-delivery plan for Bangladesh to boost the fuel supplies during summer by slashing winter deliveries.
Crude Oil
2022-03-18
India Buys Russian Oil Despite Pressure for Sanctions
The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avoid such purchases, an Indian government official said Friday.
China
2022-03-18
China's Major Coal-Producing Region Embraces New Energy
North China's Inner Mongolia Autonomous Region, a major coal production hub, has set a target to see the amount of new energy power generation surpass that of thermal power generation in 2030.
Wind Farm
2022-03-18
Japan to Speed up Wind Farm Projects in Wake of Ukraine Crisis
Japan will accelerate its efforts to develop offshore wind power projects, its industry minister said on Friday.
Hydropower Plant
2022-03-18
China's Highest-Altitude Mega Hydropower Plant Fully Operational
With the last 500,000-kW power generation unit officially putting into use, a mega hydropower plant built at an average altitude of 3,000 meters, the highest one of its kind in China, went fully operational on Friday.
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