HOUSTON, TEXAS (Editors at Energy Analytics Institute, 26.Mar.2025) — Tokyo Gas Co., Ltd., with regard to its current Medium-Term Management Plan (MTMP), reaffirmed its commitment […]
Category: Asia
Asia energy
WoodMac Study: India’s Economic Surge to Drive Global Energy Demand
HOUSTON, TEXAS (Wood Mackenzie, 20.Mar.2025) — India is set to become a major player in the global energy markets with a unique growth path, featuring […]
Vici Energy Expands Trading Operations with New Renovo Office in Qingdao, China
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Mar.2025) — Vici Energy, an integrated energy company, opened its new renovo energy trading desk in Qingdao, China. […]
Woodside Inks Long-term SPA with China Resources for 0.6 MTPA over 15 Years
HOUSTON, TEXAS (Lukas von Koch, Energy Analytics Institute, 17.Mar.2025) — Woodside Energy inked a long-term sale and purchase agreement (SPA) with China Resources Gas International […]
Excelerate Energy Inks MOU with Petrovietnam Regarding US LNG Supply
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 14.Mar.2025) — Excelerate Energy, Inc. and a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), Petrovietnam Gas Joint […]
CERAWeek: bp plc CEO Murray Auchinclose on the Conversations about Gen AI
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 11.Mar.2025) — During CERAWeek by S&P Global, bp plc CEO Murray Auchinclose said his company and others have […]
COMMENTARY: Time for the US, OPEC, Europe China, Asia and Russia to Negotiate
CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not […]
US Allies and Foes Braced for More Uncertainty Under Trump 2.0
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 5.Mar.2025) — US tariffs and sanctions have come to the forefront of oil markets and the global […]
Eni and Petronas Combination to Create new Southeast Asian Energy ‘Major’
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Feb.2025) — Italy’s Eni SpA and Malaysia’s national oil company Petronas announced plans to combine select upstream assets […]
HD Hyundai Engaged in Driving Shipbuilding’s Future with AI and Digital Tech
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Feb.2025) — HD Hyundai executive vice chairman Chung Kisun emphasized his commitment to building an integrated, optimized, and […]
Shell LNG Outlook 2025 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — The global trade of liquefied natural gas (LNG) reached 407 million tonnes (Mt) in 2024, up […]
Woodside’s Record Output of 530,000 boe/d in 2024 Aided by Sangomar
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — Australia’s Woodside Energy reported record production of 193.9 million barrels of oil equivalent (MMboe), or 530 […]
Venezuela Flared 46% of its 3,895 MMcf/d of Natural Gas Production in 2024
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting Countries (OPEC), […]
Aramco to Acquire 25% Interest in Unioil, Enter Philippines Retail Market
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Feb.2025) — Aramco signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of […]
Xodus Part of Japan’s First Large-scale Carbon Capture and Storage Projects
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Global energy consultancy Xodus secured a contract to support development of an advanced carbon capture and […]
TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, […]
CERAWeek by S&P Global Houston, 10-14 Mar. 2025
HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]
Trump’s Oil Tariffs on Canada and Mexico to Significantly Impact Crude Flows
LONDON, ENGLAND (Wood Mackenzie, 6.Feb.2025) — US oil tariffs on Canada and Mexico would initiate a significant shift in crude flows in North America as […]
Baker Hughes to Develop Small-Size Ammonia Turbines with Hanwha
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Baker Hughes, Hanwha Power Systems and Hanwha Ocean announced a Joint Development and Collaboration Agreement (JDCA) for a new small-size […]
EDP Inks Power Purchase Agreement with Amazon in Japan
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Jan.2025) — EDP Renewables APAC signed a Power Purchase Agreement (PPA) with Amazon in Japan. The long-term […]
Enfinity Secures 2 GW for Solar and Wind Projects in India
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Enfinity Global secured connectivity for 2 GW of utility-scale solar PV and wind projects in the […]
LG Energy Eyes Global Battery Market Growing 20%+ Annually Starting in 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Jan.2025) — LG Energy Solution expects the global battery market, encompassing the EV, ESS, and IT sectors, to […]
Petronas Transfers KBBC PSC Operatorship to ConocoPhillips
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) — Petronas, through Malaysia Petroleum Management (MPM), marked a milestone in the strategic development of the Kebabangan […]
CNOOC Limited Eyes Net Production of 2 MMboe/d in 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — CNOOC Limited announced its business strategy and development plan for the year 2025. CNOOC eyes its […]
Woodside Reports 3.6% Rise in Production in 2024 Driven by Sangomar Offshore Senegal
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 22.Jan.2025) — Woodside Energy reported record full-year production of 194 million barrels of oil equivalent or MMboe […]
YPF Inks MOU for the Export of up to 10 MTPA with 3 Indian Companies
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 21.Jan.2025) — Argentina’s state-owned YPF SA signed a Memorandum of Understanding (MOU) with 3 Indian companies for […]
IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below […]
Protected: Commentary: Near-term Triggers for ECA, Saguaro Energia, Vista Pacifico and Salina Cruz
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LatAm NRG Heard: US Sanctions PDVSA Head, Milei’s Popularity, BP Shuts Azerbaijan Platform
(Editors at Energy Analytics Institute, 10.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 10 Jan. 2025. […]
Petronas Takes FID for Hidayah Development Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Petronas subsidiary PC North Madura II Ltd., reached a final investment decision (FID) for the Hidayah […]
WoodMac: Key Upstream Things to Look for in 2025
(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be […]
China’s Geely Auto Eyes Selling 2.71mn Units in 2025 v. 2.17mn in 2024
(Editors at Energy Analytics Institute, 6.Jan.2025) — Automaker Geely Auto eyes global sells of 2.71mn units in 2025, while evolving the full scale of operating […]
Excelerate Energy Achieves 3,000th STS LNG Transfer with FSRU Excellence
(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — On 28 Dec. 2024, The Woodlands, Texas-based Excelerate Energy, Inc. safely completed its 3,000th LNG ship-to-ship (STS) operation […]
Harbin Celebrates Milestone with Fabrication of World’s Largest Impulse Runner
(Editors at Energy Analytics Institute, 3.Jan.2025) — Harbin Electric Corporation, involved in power generation technology, achieved a significant milestone in hydropower technology with the successful […]
Nippon and US Steel Call Biden Decision to Block Merger Unlawful
(Nippon and US Steel, 3.Jan.2025) — Nippon Steel Corporation and United States Steel Corporation issued the following statement on US President Joe Biden’s decision to […]
CNOOC Eyes 13,600 Boe/d from Panyu Project in 2025
(Editors at Energy Analytics Institute, 1.Jan.2025) — CNOOC Limited and 80883 said that Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project has […]
EAI 4Q:24 NRG Prospector [FREE PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” […]
JinkoSolar Shareholders Pass All Resolutions at Annual Meeting
(Editors at Energy Analytics Institute, 27.Dec.2024) — All of JinkoSolar Holding Co., Ltd.‘s shareholders passed the resolutions proposed at the company’s 2024 annual general meeting […]
FPSO Alexandre de Gusmão Leaves China for Brazil
(Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024) — The floating production storage and offloading (FPSO) Alexandre de Gusmão has left the COSCO Shipping (Qidong) Offshore shipyard […]
US DOE Completes Update of LNG Study
(Energy Analytics Institute, 17.Dec.2024) — The US Department of Energy (DOE) completed an update of studies that inform its public interest determination around LNG export […]
U Power Launches EV Battery Power Solution in China
(Energy Analytics Institute, 11.Dec.2024) — U Power Limited announced that the AI technology-based autonomous unmanned battery swapping logistics vehicle has been launched and has undergone […]
Incremental LNG Demand Moved from Europe to Asia
(Energy Analytics Institute, 11.Dec.2024) — Incremental demand to-date in 2024 for LNG has moved from Europe to Asia, according to recent data from Kpler. Of […]
S&P Global Publishes its Energy Outlook 2025
(S&P Global, 11.Dec.2024) — Analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the […]
Equinor Pockets $2bn in Azerbaijan and Nigeria Business Exits
(Equinor, 9.Dec.2024) — Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2bn. After […]
WoodMac: More US LNG Needed in Asia to Slow Coal Demand
(WoodMac, 3.Dec.2024) — Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. […]
BYD Eyes Producing EVs in Brazil in 2025
(Energy Analytics Institute, 3.Nov.2024) — Build Your Dream (BYD) Executive Vice President and CEO of the Americas Stella Li said the Chinese auto maker eyes […]
QatarEnergy and Shell Ink SPA for 3 MTPA Destined for China
(Energy Analytics Institute, 2.Dec.2024) — QatarEnergy and Shell inked a new long-term sale and purchase agreement (SPA) for the supply of 3 million tonnes per […]
TotalEnergies on Investments Related to Adani Group in India
(TotalEneriges, 25.Nov.2024) — TotalEnergies has learnt through public announcements made by the US authorities of the indictment of certain individual Adani group executives in relation […]
First RSPO IP-Certified Sustainable Palm Oil Shipped to China
(ROSP, 25.Nov.2024) — The very first shipment of RSPO Certified Sustainable Palm Oil (CSPO) arrived at the Shanghai port today. This pioneering effort was spearheaded […]
Eni Launches Hull of Nguya FLNG in China
(Energy Analytics Institute, 23.Nov.2024) — Italy’s energy giant Eni launched the hull of the Nguya Floating Liquefied Natural Gas (FLNG) facility in Wison‘s shipyard in […]
Mexico Alters its Laws and Removes Chinese Parts
(AP, 23.Nov.2024) — Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and […]
Indonesia’s Tangguh LNG Project Reaches $7bn FID
(Energy Analytics Institute, 22.Nov.2024) — The joint venture (JV) partners of the Tangguh LNG Project led by bp, the project operator, have reached a Final […]
Henry Hub, JKM and TTF Inch Higher
(Energy Analytics Institute, 21.Nov.2024) — The Henry Hub spot price rose 24 cents to $2.34 per million British thermal units (MMBtu) on 20 Nov. 2024 […]
BW LPG Takes Delivery of BW Capella Vessel from Avance Gas
(Energy Analytics Institute, 20.Nov.2024) — BW LPG Limited took delivery of vessel BW Capella on 20 Nov. 2024 from Avance Gas Holdings Ltd. The announcement […]
LG Chem and ExxonMobil Ink MOU for Lithium Offtake
(Energy Analytics Institute, 20.Nov.2024) — ExxonMobil Corporation and LG Chem inked a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to […]
TotalEnergies and Oil India to Collaborate on Emissions Detection
(TotalEneriges, 19.Nov.2024) — TotalEnergies and Oil India Limited (OIL) signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer […]
Cooling the Planet: COP29 Affirms Global Climate Action
(UNEP, 19.Nov.2024) — Following the landmark launch of the Global Cooling Pledge at COP28, ministers and leaders from over 30 countries, joined by partners from intergovernmental organizations […]
Aramco, SINOPEC, and Fujian Break Ground on Refining Project in China
(Aramco, 18.Nov.2024) — Aramco, China Petroleum & Chemical Corporation (SINOPEC), and Fujian Petrochemical Company Limited (FPCL) have broken ground on a new integrated refining and petrochemical […]
Carbon Mapper Achieves First Tanager-1 Methane Mitigation Success
(Carbon Mapper, 16.Nov.2024) — Carbon Mapper released over 300 methane and CO2 plume detections today— its first tranche of emissions data based on observations from […]
Sinopec Showcases Green Development Achievements at COP29
(Sinopec, 15.Nov.2024) — In a significant move to bolster global climate and environmental governance, China Petroleum & Chemical Corporation presents its high-quality green development approach, urging […]
Fluor-led JV to Proceed for Expansion of Nuclear Plant in Romania
(Fluor, 15.Nov.2024) — Fluor Corporation announced that its joint venture (JV) has received a limited notice to proceed (LNTP) for the design phase of Units […]
RSPO Members Adopt Principles and Independent Smallholder Standard
(RSPO, 13.Nov.2024) — Following the annual Roundtable Conference on Sustainable Palm Oil (RT2024), RSPO Members voted to adopt the 2024 RSPO Principles and Criteria (P&C) […]
‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29
(Rockefeller Foundation, 11.Nov.2024) — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, […]
RSPO Roundtable Calls for Bold, New Approaches to Transform Sustainable Palm Oil
(Roundtable On Sustainable Palm Oil, 11.Nov.2024) — Building upon two decades of impact, the Roundtable on Sustainable Palm Oil (RSPO) has called for more concerted […]
DXT Commodities Delivers First MedMax LNG Cargo to Asia
(DXT Commodities, 7.Nov.2024) — A ceremony graciously hosted by Dongguan Daosen marked a number of milestones for the partners involved, Shenzhen Gas (via its subsidiary […]
Sinopec’s First Geothermal Power Production Pilot Project Connects to Grid
(Sinopec, 6.Nov.2024) — Sinopec Star Co., Ltd., a clean energy subsidiary of China Petroleum & Chemical Corporation, has received the grid access permit for its […]
Sinopec Hosts Session at 7th China International Import Expo
(Sinopec, 6.Nov.2024) — China Petroleum & Chemical Corporation hosted a forum titled “Building Global Energy Partnerships” and a signing ceremony at the 7th China International […]
VinFast and Durango Union Ink MOU on Green Transition
(VinFast, 4.Nov.2024) — VinFast and the Durango Drivers’ Union in Mexico signed a Memorandum of Understanding (MOU) to collaborate on the green transition of public transport, […]
TotalEnergies to Supply 2 mtpa of LNG to Sinopec for 15 Years
(Energy Analytics Institute, 4.Nov.2024) — TotalEnergies signed a sales agreement (HoA) with Sinopec for the delivery of 2 million tonnes per annum (mtpa) of LNG […]
JinkoSolar on Annual Capacities: Solar Cell and Solar Module
(Energy Analytics Institute, 30.Oct.2024) — JinkoSolar Holding Co., Ltd. expects its annual production capacity for mono wafer, solar cell and solar module to reach 120.0 […]
JinkoSolar Releases 3Q:24 Financial Results (PDF Downloads)
(JinkoSolar, 30.Oct.2024) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced its unaudited financial results […]
Hess Reports Higher 3Q:24 Adj. Net Income, Higher Bakken Output (PDF Download)
(Hess, 30.Oct.2024) — Hess Corporation reported net income of $498mn, or $1.62 per share, in the third quarter of 2024, compared with net income of […]
Electrification is the Accelerated Route to Energy Efficiency, Peak Emissions
(Wood Mackenzie, 29.Oct.2024) — The electrification of the energy system is the central plank of the energy transition. In Wood Mackenzie’s base case, displacing fossil […]
CNOOC Reports Record High Net Production and Net Profit in 3Q:24
(CNOOC Limited, 28.Oct.2024) — CNOOC Limited and 80883 announces its operating results for the third quarter of 2024. In the first three quarters of 2024, […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024
(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached […]