Asia

OPEC
2024-01-08

OPEC’s December Crude Production Averages 28.05mbpd
The Organisation of Petroleum Exporting Countries (OPEC) pumped an average of 28.05 million barrels a day, MMbpd in December as it persevered with supply restraints agreed earlier in the year.Equally, reductions by the United Arab Emirates and Angola were
Oil&Gas Drilling
2024-01-08

ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is likely to increase ONGC’s total Oil and Gas production by 11 percent and 15 percent respe
India
2024-01-08

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output
Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worries about escalating geopolitical tension in the Middle East.Brent crude slipped 1.09%, or 86c, t
Hydrogen Production
2024-01-08

Hyundai to Invest Rs 6,180 CR in TN, Develop Hydrogen Resource Centre
This Facility Will Act As An Incubation Cell To Develop A Framework For Localisation Of The Hydrogen Ecosystem | Representative ImageHyundai Motor India Ltd on Monday said it will invest Rs 6,180 crore on various initiatives, including establishing a hydr
Oil Field
2024-01-08

India Inks Contracts for 13 Hydrocarbon Blocks
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.Of the new contracts, 10
Nuclear Power Plant (NPP)
2024-01-08

Oil Leak From Nuclear Power Plant Due to Earthquake in Japan
An aerial photo shows the Shika Nuclear Power Plant, Japan, May 24, 2023. /CFPIn the aftermath of the 2024 Noto Peninsula earthquake, the amount of oil leakage from the affected equipment at the Shika Nuclear Power Plant in the most-affected central Japan
PowerGrid Technology
2024-01-08

Japan to Transfer Batch of Power Equipment to Ukraine
Japan will transfer seven high-voltage autotransformers and five gas turbines to Ukraine.This was announced by the Ukrainian Ministry of Energy following a meeting between Minister Herman Halushchenko and Japanese Foreign Minister Yoko Kamikawa, Ukrinform
LNG
2024-01-08

Vitol Inks 10-Year LNG Supply Deal With Gail India
Vitol will supply GAIL (India) Limited with approximately one million metric tons of liquefied natural gas (LNG) per annum for 10 years beginning in 2026.Vitol Asia Pte Ltd has signed a long-term deal to supply GAIL (India) Limited with approximately one
Natural Gas
2024-01-08

TMK ups Mongolian Gas Flow by 335 per Cent
Production at TMK Energy’s flagship Mongolian coal seam gas pilot project, Gurvantes XXXV, flourished through to the end of 2023, with the company recording its highest gas volume to date in December.The company’s three pilot wells &am
Renewable Energy
2024-01-08

Gansu's Installed New Energy Power Capacity Exceeds 50 Gigawatts
The total installed capacity of new energy power generation in northwest China's Gansu Province had exceeded 50 gigawatts by the end of 2023, according to State Grid Gansu Electric Power Co., Ltd.Rich in wind and solar energy resources, Gansu has
Energy Storage Project
2024-01-08

Benchmark: Morocco Set to Become a Key Cathode Producer With $700+M of Announced Investments by Chinese Companies
Morocco is set to become a key cathode producer following more than $700 million of announced investments by Chinese companies in the country, according to Benchmark Intelligence.Total planned capacity is already around a quarter of Europe’s tot
Electric Vehicles
2024-01-08

TEMSA Partners With Minespider to Be the First E-bus Company Compliant With EU Battery Regulation
Turkey-based TEMSA, a coach, bus, and light-truck manufacturer operating in 70 countries worldwide, is partnering with Minespider to collect key data, integrate Battery Passports and comply with the new EU Battery Regulation.Minespider is a technology com
Electric Vehicles
2024-01-08

Vinfast to Build Integrated Electric Vehicle Facility in Tamil Nadu, India; Up to $2B Investment
Vietnam-based electric vehicle (EV) manufacturer VinFast and the Tamil Nadu State Government announced a partnership in a Memorandum of Understanding (MoU) for the development of a VinFast electric vehicle manufacturing plant. VinFast and the State Govern
Solar Technology
2024-01-08

Solar and Wind Power in Gujarat
Renewable energy has emerged as a key focus area for the state of Gujarat in India. With its abundant natural resources and favorable policies, Gujarat has become a leading player in the renewable energy sector. This article explores the various initiativ
Oil & Gas Trade
2024-01-08

Nigerian and Chinese Energy Firms Seal $1BN Deal on Gas Flaring
A Nigerian energy company NIGUS International, have entered into a $1 billion agreement with Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Chinese firm, to finance and advance solutions for gas flaring in Nigeria.The signing of this pac

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China's Investment into BRI Countries Expands in Jan.-May

Asia

OPEC’s December Crude Production Averages 28.05mbpd

ONGC Initiates Oil Production From Its Deep-Water Asset

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output

Hyundai to Invest Rs 6,180 CR in TN, Develop Hydrogen Resource Centre

India Inks Contracts for 13 Hydrocarbon Blocks

Oil Leak From Nuclear Power Plant Due to Earthquake in Japan

Japan to Transfer Batch of Power Equipment to Ukraine

Vitol Inks 10-Year LNG Supply Deal With Gail India

TMK ups Mongolian Gas Flow by 335 per Cent

Gansu's Installed New Energy Power Capacity Exceeds 50 Gigawatts

Benchmark: Morocco Set to Become a Key Cathode Producer With $700+M of Announced Investments by Chinese Companies

TEMSA Partners With Minespider to Be the First E-bus Company Compliant With EU Battery Regulation

Vinfast to Build Integrated Electric Vehicle Facility in Tamil Nadu, India; Up to $2B Investment

Solar and Wind Power in Gujarat

Nigerian and Chinese Energy Firms Seal $1BN Deal on Gas Flaring

China's Investment into BRI Countries Expands in Jan.-May

Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China

Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

Toyo Invests In Japan’s Offshore Renewable Sector

EDF Wins 250MW in French Offshore Tender