Tag Archives: CGTN

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 …

G20 countries are expected to further their talks on the acceleration of energy transition at their upcoming summit in Bali, Indonesia, as soaring energy prices have stalled decarbonization progress. The G20 major economies have agreed to take steps such as ensuring achievement of the sustainable global development targets by 2030 …

Chinese researchers have recently developed a new type of lithium metal battery with 3D printing technology, significantly improving the battery’s lifespan and energy density, according to the Dalian Institute of Chemical Physics under the Chinese Academy of Sciences. Lithium metal batteries are expected to be the next-generation of high-energy batteries …

Oil prices struggled to find their footing in early Asian trade on Thursday after a weakening global demand outlook depressed the market in the last session. Brent crude futures dropped 7 cents, or 0.1 percent, to $92.38 a barrel by 0310 GMT. U.S. West Texas Intermediate crude was down 21 …

China’s power generation capacity has increased by more than 70 percent compared to 2012, including a 700 percent increase in clean energy generators, according to a National Bureau of Statistics report on the green and low-carbon transition of the energy sector in the past decade. In 2021, China generated 8.5 …