[Shanxi Province accelerates the development of photovoltaic and wind power bases] A few days ago, the Shanxi Provincial People's Government issued the implementation opinions on accelerating the establishment and improvement of the province's green, low-carbon and circular development economic system. The document pointed out that vigorously develop new energy and clean energy, and promote the development of photovoltaic and wind power bases. By the end of the "14th Five-Year Plan" , the installed capacity of new energy and clean energy accounts for 50%, and the proportion of power generation accounts for 30%. Editor / Xu Shengpeng
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  • 2022.07.04 18:16
  • [SEG, Kontiki discover new oil and bitumen fields in Uzbekistan]
  • Sanoat Energetika Guruhi and its partner Kontiki Exploration have discovered an ultra-heavy oil and bitumen field in the Zerafshan sag in Uzbekistan. The new discovery, known as Yangi Uzbekistan, is located in the area between the cities of Samarkand and Navoi and is the largest oil field in Uzbekistan. It is estimated that Yangi Uzbekistan has reserves of about 100 million tons of bituminous oil and is expected to produce up to 1 million tons of bituminous oil per year by 2025. Editor/Xing Wentao
  • 2022.07.04 18:16
  • [Russia will take full control of Sakhalin 2 oil and gas project]
  • Russian state-owned Gazprom will retain its 50% plus 1 stake in the Sakhalin-2 project, while its foreign partners Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%) are expected to give up their stakes in Sakhalin-2 stake in the project. The economic impact of the ongoing war in Ukraine. Editor/Xing Wentao