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2022, October, 26, 10:30:00
SAUDI'S OIL INVESTMENT FOR PAKISTAN $12 BLN
Saudi Arabia previously signed in February 2019 several memorandums of understanding for an investment of US$21bn in various sectors of the Pakistani economy, including for the project of a deep conversion refinery and petrochemical complex with an investment of US$12bn.
2022, October, 26, 10:25:00
CHINA'S WIND ENERGY 43 GW
China’s offshore wind capacity stood at 26.4 GW by end-2021. This is the world's largest offshore wind installed capacity, followed by the United Kingdom (12.7 GW).
2022, October, 26, 10:20:00
CANADA'S SMR NUCLEAR INVESTMENTS
The Darlington New Nuclear Project will be a 300 MWe small modular reactor (SMR), which is to be built next to OPG's existing Darlington nuclear power plant in Clarington, Ontario.
2022, October, 26, 10:15:00
U.S. FUSION INNOVATIONS
In March 2021, scientists at DIII-D released a new concept for a compact fusion reactor design they said could help define the technology necessary for commercial fusion power.
2022, October, 25, 14:55:00
OIL PRICE: BRENT NEAR $92, WTI BELOW $84
Brent fell by $1.30 to $91.96 per barrel, WTI fell by $1.24 to $83.34 per barrel.
2022, October, 25, 14:50:00
GLOBAL ENERGY SECURITY
China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.
2022, October, 25, 14:45:00
GLOBAL ENERGY RESILIENCE
Lesson one is that energy security and energy transition must be in balance to sustain energy systems that are also affordable.
2022, October, 25, 14:40:00
EUROPEAN GAS LIMITS
Caps on gas prices top the political agenda in Europe as governments seek to rein in an unprecedented energy crisis triggered by a cut of gas shipments by Russia, the continent’s former biggest supplier.
2022, October, 25, 14:35:00
RUSSIAN LNG, COAL FOR CHINA
Coking coal imports from Russia jumped to 2.5 million tons in September, from about 900,000 tons in the same month last year and 1.9 million tons in August, according to Chinese customs data.
2022, October, 25, 14:30:00
EXPENSIVE GREEN ENERGY
The current situation, rather than “making green energy so cheap that eventually everyone will want it”, is making green energy so expensive that eventually no one will want it.