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Asia
Crude Oil
2022-03-16
Japan to Sell Additional 1.89 Mil Barrels Hout Crude From National Reserves
Japan plans to sell an additional 300,000 kiloliters, or 1.89 million barrels, of Hout crude from its national petroleum reserves via a public tender in April.
India
2022-03-16
Azure Power Commissions 300MW Solar Project in India
Azure Power has fully commissioned a 300-megawatt Interstate Transmission System connected solar power project, Rajasthan 8, in Bhadla in the state of Rajasthan.
Oil & Gas Trade
2022-03-16
India Taking up Russian Discounted Oil Offer Will Not Be US Sanctions Violation, Says White House
India taking up Russia's offer of discounted crude oil would not be a violation of American sanctions, the White House has said.
Natural Gas
2022-03-16
Energean Inks Gas Supply Deal with Largest Israeli Buyer
London-listed E&P company Energean has signed a gas supply agreement with the Israel Electric Company (IEC), the largest Israeli buyer of natural gas, marking another step in the development of its Israeli natural gas operations.
Oil Price
2022-03-16
WTI Crude Dives Below $100 on China Demand Concern
WTI crude dived more than five percent Tuesday to fall back below $100 a barrel as concerns about a possible slowdown in China's economy lead investors to rethink their expectations for demand.
Oil Price
2022-03-16
Indian Govt to Make Calibrated Interventions to Keep Fuel Prices Under Control
Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the Wholesale Price Index is directly related to the fluctuations in the prices of crude oil.
Crude Oil
2022-03-16
Saudi Considering China’s Yuan for Oil Purchases
Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.
Gas power plant
2022-03-15
Japan Cuts Thermal Power Capacity with Maintenance
Japan's thermal power generation capacity is expected to fall this week on the back of increased maintenance, in line with the arrival of spring weather across the country.
Offshore Wind Power
2022-03-15
Mainstream Renewable, Aker Get 50% Stake in Floating Offshore Wind Project in Japan
Mainstream Renewable Power and Aker Offshore Wind have completed a transaction, acquiring an initial 50% of an 800-megawatt floating offshore wind project in Japan.
Crude Oil
2022-03-15
China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020
China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scaled back operations after Beijing slashed their crude oil import quotas.
Rooftop PV System
2022-03-15
China Drives Rooftop Solar Growth
China is driving growth in rooftop solar photovoltaic (PV) capacity after it increased its installations to 27.3 gigawatts (GW) in 2021 from 19.4GW in 2017.
Oil Field
2022-03-15
Bohai Sea Oilfield Output Exceeds 500 Million Tons
The Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative total of oil equivalent exceeding 500 million tons as of Monday, after it has been in operation for more than 50 years.
Hydrogen Fuel Cell
2022-03-15
Adani, Ballard Ink MoU for Hydrogen Fuel Cells Commercialisation in India
Adani Group and Ballard Power Systems entered a non-binding memorandum of understanding (MoU) last month to evaluate the commercialisation of hydrogen fuel cells in mobility and industry applications in India.
Coal Production
2022-03-15
China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heating season, with demand also receiving a boost from Indonesia’s export ban.
LNG
2022-03-15
China’s CNPC to Start LNG Production in Mozambique in October
China’s CNPC and its partners are set to start liquefied natural gas (LNG) production in Mozambique in October, the Mozambican government announced.
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