China’s Daqing Oilfield, a subsidiary of the China National Petroleum Corporation, announced Wednesday the discovery of a major shale oil field with predicted geological reserves of about 1.27 billion tonnes.
Read More »China Coal Approvals Seen Adding to Confusion on Climate Action
Approvals for major new coal power plants by China’s local authorities show the tension in the nation’s efforts to meet climate goals, even as the overall total of projects given the go-ahead falls, according to campaigners. Local authorities approved 24 plants with a combined capacity of 5.2 GW, a 79% …
Read More »Asia Needs $3 Trillion of Energy Investment
Asia remains a leading energy demand centre and will increasingly drive global energy trends. Energy demand in Southeast Asia has grown by 80% since 2000, at a rate far exceeding the global average. This rapid expansion has maintained pace during the pandemic and is poised to accelerate in 2021, according …
Read More »A Major Oil Exploration Is Going on in Russia’s East Arctic Waters
The Bavenit on the 22nd of August set out from Murmansk with course for remote east Arctic waters. The ship, one of Russia’s most advanced vessels of the kind, is due to drill the first ever wells in the Laptev Sea. According to Rosneft, there has never before been drilled …
Read More »Qatar Petroleum Lets EPC Contract for North Field Expansion Project
Qatar Petroleum has let an engineering, procurement, and construction (EPC) contract for its North Field expansion project to Técnicas Reunidas SA. Técnicas Reunidas will act as the EPC contractor for the expansion of existing liquid products (condensate, propane, and butane) storage and loading facilities and the expansion of import facilities …
Read More »Hydrogen as a Sustainable Source of Renewable Energy
Researchers from the University of Chemistry and Technology in Prague conducted research dealing with the photocatalytic activity of twist-angle stacked 2D TaS2. With increasing demands in modern society, the energy crisis and environmental problems are currently in the spotlight. Hydrogen is the primary sustainable source of renewable energy and is …
Read More »How Hydrogen Innovation is Decarbonising the Steel Industry
Fleischanderl’s passion for improving and developing the sector is tangible, an important attribute as hard-to-abate sectors struggle to keep up with global emissions targets. Primetals is a global plant engineering company catering for the steel sector and a member of the Mitsubishi Heavy Industries (MHI) Group. Primetals was recently in …
Read More »Lukoil to Build Catalytic Cracking Complex at Perm Refinery
LUKOIL announces the start of a catalytic cracking complex construction project at the Perm refinery. The project is implemented under an agreement with the Ministry of Energy of the Russian Federation on providing an investment incentive as part of the negative excise tax on refinery feedstock until January 1, 2031. …
Read More »Putin Says Russia Intends to Maintain Gas Transit via Ukraine after 2024
Russian President Vladimir Putin said Moscow is ready to maintain gas supplies to Europe through Ukraine after the current gas transit contract ends in 2024. The remarks came during German Chancellor Angela Merkel’s trip to Moscow, which is likely to be the last in her capacity as chancellor as she …
Read More »New China-Russia Railway Bridge to Boost Bilateral Trade, Energy Cooperation
A new bridge—part of China’s ambitious Belt and Road Initiative—will now connect China and Russia’s railway systems. The China-Russia Tongjiang-Nizhneleninskoye Bridge connects Tongjiang, a city in China’s far northeastern Heilongjiang province, with Nizhneleninskoye, a town across the border with Russia, along the Amur river. The cross-river bridge is 2,215 metres …
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