Tag Archives: East Asia

Japan exploring opportunities in downstream and mid-stream sectors.

Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.

The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.

IEA'.s new report on renewable energy showed new solar PV (photovoltaic) system capacity grew by 50 percent last year. with China accounting for almost half of the global expansion.

Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.

The country is aiming to raise oil output to around 4 million bpd by the end of the year and 4.5 million bpd within five years from around 3.8 million bpd in recent months.

In recent years. Air pollution has tuned into a major challenge to the Iranian government.

French nuclear regulator ASN ordered Electricite de France on Thursday to shut four nuclear units. sending power prices spiking.

Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.

China is expected to account for 40 percent of the global annual growth in natural gas demand over the next five years.