Tag Archives: CGTN

China’s energy regulator presented its major achievements in energy development in 2022 and outlined its objectives for the coming year at the National Energy Work Conference on Friday. In 2022, China made significant strides in increasing oil and gas storage and production, with crude oil output reaching 200 million tonnes …

The EU market remains open for Russian liquefied natural gas (LNG), and Russia is ready to resume supplies via the Yamal-Europe pipeline, Russian Deputy Prime Minister Alexander Novak said in an interview with TASS news agency. “Even now this market is not closed. For example, we were able to significantly …

Global coal consumption will rise to an all-time high in 2022 and remain at similar levels for several years in the absence of stronger efforts to accelerate the transition to clean energy, a report by the International Energy Agency (IEA) showed Friday. The IEA expects global coal use to rise …

Azerbaijan intends to export at least 11.6 billion cubic meters of natural gas to Europe in 2023, President Ilham Aliyev said in Bucharest at the signing ceremony of an agreement between the governments of Azerbaijan, Hungary, Georgia and Romania on a strategic partnership in the development and supply of green …

China’s largest reserve base of liquefied natural gas (LNG), located in Jiangsu Province’s Yancheng City, officially kicked off the start of gas supply for East China on Friday, according to the China National Offshore Oil Corporation (CNOOC). About 2.41 million cubic meters of natural gas were transported by pipeline on …

The U.S. Department of Energy on Tuesday will announce that scientists at a national lab have made a breakthrough on fusion, the process that powers the sun and stars that one day could provide a cheap source of electricity, three sources with knowledge of the matter said. The scientists at …

China’s largest unconventional onshore gas production field, located in north China’s Inner Mongolia Autonomous Region, has reached daily output of 100 million cubic meters, PetroChina said on Saturday. Operated by PetroChina, China’s largest oil and natural gas producer, the Sulige Gas Field located north of the Ordos Basin in Inner …

China National Offshore Oil Corp (CNOOC) announced on Wednesday that the Enping 15-1 platform, Asia’s largest offshore oil production platform, was put into operation in the Pearl River Mouth Basin in south China’s Guangdong Province. The platform, about 160 meters tall and weighing over 30,000 tonnes, is the largest offshore …

On December 2, EU member states unanimously agreed to introduce a price cap at $60 per barrel on Russian seaborne oil, as well as an EU-imposed embargo on Russian crude oil shipped by sea. Both initiatives would go into effect on December 5. The EU’s price cap is also joined …

The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday. Due to the complexity of the project and necessary consultations with the European Union, it will probably not be possible to refer the matter to cabinet this week, said a …