Saudi Arabia's national oil company Saudi Aramco has taken the final investment decision (FID) to participate in the development of a 300,000 bbl/d refinery in the city of Panjin, in China’s Liaoning Province.

Japan also intends to work on renewables and nuclear power in a bid to further diversify its energy sources, as part of its response to the G7 joint statement, which calls for reducing Russian energy dependency in phases, Hagiuda said.

9 GW floating offshore wind project by 2030 and set up an export base for offshore wind equipment and materials

«Наши отношения носят характер особо привилегированного стратегического партнёрства, лидеры наших стран находятся в постоянном контакте.

The state government of Karnataka (India) has proposed the construction of a 2 GW underground electricity storage project in the Sharavathi basin for an investment of INR53.9bn (US$700m).

The company has now obtained all the required EBLs to fully develop its 1.3 GW floating offshore wind project in South Korea.

The executive order mandates the Department of Energy (DOE) to develop and implement the Nuclear Energy Programme as part of the Philippine Energy Plan,

In response to the tougher sanctions, Russian President Vladimir Putin on Feb. 27 ordered nuclear deterrent forces on high alert, further escalating tension.

India also plans to simplify the authorisation process for green hydrogen production (including a single portal for all clearances and land provision) and to provide federal financial support to develop electrolysers.

In the situation that has obtained in recent months on energy markets, it has become clear that one of the foundations of stability of the modern global world is, in the first instance, reliable energy supply, which cannot be provided without observing a reasonable balance of energy sources and an absence of discrimination against traditional sectors of the fuel and energy complex.

"In the current scenario, [the] demand for oil has outpaced production growth as economies slowly rebound from the worst of the pandemic, leaving the market with a small buffer to mitigate an oil supply shock," Singh said.

The partnership between the two countries has led to the joint work on several agreements and Memorandum of Understanding in several areas, including: The Economy, Climate Change and Houbara Conservation, Industries and Advanced Technologies, Low Carbon Hydrogen Developments and Investments, Food Security, Financial Services, and Issuance of India-UAE Joint Stamps.

The Company's gas exports to the countries beyond the FSU amounted to 17.9 billion cubic meters, which is 35.5 per cent (or 9.8 billion cubic meters) lower than the figure for the same period of 2021.

«Сегодня важно диверсифицировать традиционное энергетическое сотрудничество с ориентиром на его «озеленение». Приглашаю японских инвесторов принять участие в развитии водородных кластеров в России», – отметил Максим Решетников.

NDRC in the Feb. 11 guidance focused on energy saving and decarbonization of energy-intensive industries including steel, ferroalloy and nonferrous metals sector.