[Hubei issued the 14th Five-Year Plan for Energy Development] On May 19, the Hubei Provincial Government announced the "14th Five-Year Plan for Energy Development in Hubei Province". According to the "Plan", the installed capacity of photovoltaic power generation and wind power generation will be 15 million and 5 million kilowatts respectively. 32 million kilowatts, with an annual power generation of 40 billion kilowatt hours. 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