The power sector – which currently accounts for 18 percent of China’s gas consumption – is viewed by the industry as a key engine of growth, according to people involved in advising on energy policy. Under the sector’s latest proposal, China would build nearly 70 gigawatts of new gas-fired capacity by 2030, an almost 50 percent increase from 2025’s estimated level, they said, asking not to be named as the plan is not public.
“We look forward to leveraging an optimized delivery model and driving targeted improvement initiatives during this contract period. As the main contractor, we are committed to enhancing new ways of working and improving performance and efficiency while delivering cost reductions across the value chain”, Paal Eikeseth, Executive Vice President and head of Aker Solutions’ Life Cycle Business, said.
By promoting the integration of power and telecommunications (watt-bit collaboration), the companies aim to accelerate the development of DCs that are crucial for upgrading Japan’s industrial structure, thereby helping to address the country’s “digital deficit”, make efficient use of power infrastructure, contribute to decarbonization, and enhance Japan’s industrial competitiveness, JERA said.
Amazon is partnering with Talen Energy, a former power utility-turned-nuclear innovator, which will supply the cloud giant with electricity from its Susquehanna nuclear power station, located in Luzerne County. Talen previously spun off its nuclear arm into Cumulus Data, which is developing a 475 MW data center campus adjacent to the power plant. That infrastructure will now be part of Amazon’s AI backbone.
“The project has received the full support of the National and Provincial Governments in Argentina that granted all necessary approvals including the first ever unrestricted 30-year LNG export authorization in Argentina; qualification for the Incentive Regime for Large Investments; and provincial approval by the province of Río Negro for the offshore and onshore Environmental Impact Assessments for FLNG Hilli”, the companies said in a statement.
Tullow ended a decade-long quest to develop discoveries in April, when it sold the inland fields for $120 million to Gulf Energy, a Nairobi-based oil and gas trader. Tullow has announced divestments in recent months toward reducing its debt below $1 billion this year.
Previously in 2025 CNOOC Ltd. announced three startups in the Bohai Sea and three in the South China Sea. The Bohai Sea projects are the Caofeidian 6-4 oilfield adjustment, phase 2 of the Luda 5-2 North field and the Bozhong 26-6 field. The South China Sea projects are Wenchang 19-1 oilfield phase 2, the Dongfang 29-1 field and the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Development Project.
The global oil market has been rocked in recent months by the move from eight core OPEC+ nations to relax supply restraints at a faster-than-expected pace, potentially adding supplies just as trade frictions menace demand. The surprise shift has been presented as a bid by the cartel to reclaim market share from rival drillers, as well as punish its own quota cheats.
“We identified BBSS as an opportunity to make a step change in operational safety through making it easier and more user-friendly for personnel to participate and allowing us to make more effective use of the resulting leading data. It provides full visibility of engagement in our safety reporting and real-time data, giving us immediate insight into reported issues and the ability to act swiftly for the best outcomes in our operations”, EnQuest’s Director of HSE and Wells, Ian McKimmie, added.
Over the first four months of 2025, China produced 1.58 billion tons of coal, which was 6.6% higher than the output booked for the same period a year earlier. In April alone, China produced 3.8% more coal than a year ago, at 389.31 million tons. This was down from a month earlier when production hit a record, but still strong enough to cement coal’s role in the country’s energy mix.