China and India continue to increase coal production

China will retain its leadership in the coming years in production of steam coal used as a raw material for power plants. According to the Global Energy Monitor, by July 2022, China’s steam coal mining projects at the pre-investment stage had a capacity of 368 million tons of coal per year, with a further 19 million tons coming from the projects where mining of steam and coking coal will be shared.

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Malaysia approves world’s largest offshore CCUS project

Company Petronas has made a final investment decision on the CO2 capture, storage and utilisation (CCUS) project in the Kasawari gas field, 200 km off the coast of the Bintulu region, northern Malaysia. The project capacity is up to 3.3 million tons of CO2 equivalent per year, which makes it the largest CCUS initiative undertaken in the offshore oil and gas production.

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