Investment in electricity generation in India has rebounded from its slump during the COVID-19 pandemic, with 15.5 gigawatts (GW) of renewable energy capacity – representing an investment of a record US$14.4 billion – added in the past financial year.

"The energy complex is very tight globally and LNG prices will be supported in the next two-three months at the very least," a trading source based in Singapore said June 13.

Jiangsu’s installed capacity for gas-fired power generation exceeded 13 GW in 2021,

This solar PV tender is the first of two 2 GW tenders planned by the KEA in 2022.

South Korea has a goal of exporting 10 nuclear power plants by 2030.

The Philippines spent $2.3 billion on a 621MWe Westinghouse pressurised water reactor at Bataan during the presidency of Ferdinand Marcos.

The economic committee stressed that nuclear power should be a serious consideration in Vietnam’s power development planning,

Given that a lot of European companies were opting out of paying for Russian gas in rubles, they would have to scout for additional spot cargoes while Asia demand was strong, he said, adding that prices were likely to stay supported above $20/MMBtu in the near term.

India, one of the world’s biggest fossil fuel importers, is also seeking to cut its reliance on oil given its import bill is expected to almost double to $300 billion in the coming decade

Asia is expected to account for about 40% of global incremental crude runs in 2022, with the US and Europe accounting for about 30% and 18%, respectively.

India imported 54% of its oil needs and 56% of its gas needs in 2020. After coal (44%), oil represented 24% of the country’s total consumption in 2020, against 6% for natural gas. As of 2021, India's oil reserves are estimated at 4,530 mbl and its gas reserves at 1,372 bcm.

China annual power generation from renewable energy sources will reach 3.3 trillion kWh by 2025.

Gas exports to the countries beyond the FSU amounted to 61 billion cubic meters, which is 27.6 per cent (or 23.2 billion cubic meters) lower than the figure for the same period of 2021.

Gazprom completely suspends gas supplies to Shell Energy Europe Limited due to failure to pay in rubles

Gazprom completely suspends gas supplies to Denmark’s Orsted Salg & Service A/S due to failure to pay in rubles