[There is no doubt that China's wind power will add 55-60GW in 2022] With the accelerated upgrade of large megawatts of wind power, the accelerated construction of large base projects and the overall price reduction of wind turbines, the installed capacity of onshore wind power is expected to usher in a rapid recovery, and the yield is expected to be significantly restored. Some experts pointed out that the overall installed capacity is expected to reach more than 50GW throughout the year. 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