CNOOC total net profit rising significantly to RMB61.05 billion, an increase of 15.9% YoY, despite more than 10% drop in international oil prices.

South Korea on Tuesday doubled a planned economic rescue package to 100 trillion won ($80 billion) to save companies hit by the coronavirus and put a floor under crashing stocks and bond markets.

The average LNG price for May delivery into northeast Asia LNG-AS was estimated at $3.50 per million British thermal units (mmBtu), up 20 cents from the previous week,

India’s coal imports registered a decline of 14.1 per cent to 17.01 million tonnes (MT) in February

China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average

the LNG industry was already under pressure from low international prices and weaker-than-expected demand in key end-user markets.

The rapid growth of nuclear in India is illustrated by the construction of 21 nuclear reactors to increase the power generation to 15,7 GW by 2031 in Mahi Banswara, Gorakhpur, Kudankulam, Rawatbhata, Kakrapar, Chutka-Madhya, and Kalpakkam (Fast Breeder).

Indonesia and the Philippines to be moving to revive dormant nuclear energy plans

The joint-venture project, with a total investment of 7.9 billion yuan (about 1.13 billion U.S. dollars), was the first of its kind in offshore wind power with both domestic and foreign investment, China Energy said.

The US was the second biggest LPG supplier to China in 2017 at 3.54 million mt, comprising 3.37 million mt of propane and 162,668 mt of butane. The volume dropped 54% a year later in 2018 to 1.62 million mt as a result of trade tensions between the two economies, and in 2019 only 2,443 mt of US propane was imported into China, customs data showed.

Asian LNG prices hit historic lows in February, the benchmark price for spot-traded LNG in Northeast Asia, falling to $2.71/MMBtu on underlying weak Asian demand compounded by mild temperatures and the coronavirus.

China’s coal consumption and total energy consumption increased by 1% and 3.3%, respectively, in 2019.

India’s annual electricity demand in 2019 grew at its slowest pace in six years, according to the CEA, amid a broader economic slowdown that resulted in a fall in sales of everything from cars to cookies, prompting some large-scale industries such as the automobile sector to slash jobs.

The Ministry of Trade, Industry and Energy said in a statement that 21 to 28 coal-fired power plants would be closed from March 1 to March 31 in an effort to reduce emissions of fine dust.

In January 2020 India commissioned its sixth liquefied natural gas (LNG) import terminal, Mundra LNG