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2021, October, 21, 15:30:00
INDIA, OPEC OIL DEAL
India, the world's third-biggest importer and consumer of crude, meets around 85% of its demand via overseas purchases with Iraq, Saudi Arabia and the United States being the top three suppliers. India also imports 55% of its gas demand via imports.
2021, October, 21, 15:25:00
ASIA'S GAS DEMAND WILL UP
Non-OECD countries in Asia will collectively become the largest importers of natural gas by 2050.
2021, October, 21, 15:20:00
CHINA PIPELINE GAS IMPORTS UP
China's pipeline gas imports have been setting new records in the past three months, and September was the fourth consecutive month-on-month increase since June, the customs data showed.
2021, October, 21, 15:15:00
U.S. LNG FOR CHINA
In 2018, China became the world's 2nd largest LNG importer in the world behind Japan. LNG imports amounted to 90.5 bcm in 2020 (+12%). Australia is the largest LNG supplier (44%), followed by Qatar (12%) and Malaysia (9%).
2021, October, 21, 15:10:00
AUSTRALIA'S RENEWABLE INVESTMENT $7.5 BLN
The projects were unveiled as part of Rio Tinto’s newly announced plans to spend $US7.5 billion ($A10 billion) slashing its scope 1 and scope 2 emissions by half by 2030.
2021, October, 21, 15:05:00
SPAIN RENEWABLE 3 GW
In November 2020, the Spanish Council of Ministers approved a decree establishing a new regulatory framework for renewable energy auctions, the Economic Renewable Energy Regime (Régimen Económico de Energías Renovables, REER).
2021, October, 21, 15:00:00
NORWAY OIL, GAS PRODUCTION 2.022 MBD
Preliminary production figures for September 2021 show an average daily production of 2 022 000 barrels of oil, NGL and condensate.
2021, October, 20, 11:50:00
OIL PRICE: BELOW $85
Brent dropped 64 cents, or 0.8%, to $84.44 a barrel. WTI fell 56 cents to $82.40 a barrel.
2021, October, 20, 11:45:00
RUSSIAN ZERO EMISSIONS 2060
Speaking to the conference on 13 October, Putin said, "Russia will take practical action to ensure the carbon neutrality of its economy, and we have set a specific benchmark: no later than 2060."
2021, October, 20, 11:40:00
BRITAIN ZERO EMISSIONS 2035
The United Kingdom pledged to reach net-zero emissions by 2050 in 2019.