News Spotlight
◐ Ministry of Natural Resources: Four national standards, including the Technical Specifications for Coal Mine Land Reclamation and Ecological Restoration, were officially implemented in August this year. On May 15, the Ministry of Natural Resources held a regular press conference in May, and Lu Lihua, deputy director of the Department of Land and Space Ecological Restoration of the Ministry of Natural Resources, introduced that China University of Geosciences (Beijing), the Land Consolidation Center of the Ministry of Natural Resources and other relevant units have been organized to compile and form the "Technical Specifications for Coal Mine Land Reclamation and Ecological Restoration", "Technical Specifications for Metal Mine Land Reclamation and Ecological Restoration", "Technical Specifications for Land Reclamation and Ecological Restoration of Oil and Gas Projects", and "Technical Specifications for Monitoring and Evaluation of Mine Land Reclamation and Ecological Restoration" and other 4 national standards to standardize the ecological restoration of production mines of coal mines, metal mines, and oil and gas projects, as well as the monitoring and evaluation of the ecological restoration process of production mines. The four national standards have been officially released at the end of April and will be officially implemented on August 1 this year.
Domestic news
◐ Domestic oil prices will be lowered from 24 o'clock on May 15. According to CCTV financial reports, it was learned from the National Development and Reform Commission that from 24 o'clock on May 15, domestic gasoline and diesel were reduced by 235 yuan and 225 yuan per ton respectively. The national average is 0.18 yuan per liter for No. 92 gasoline, 0.19 yuan per liter for No. 95 gasoline, and 0.19 yuan per liter for No. 0 diesel. According to the estimation of the 50L capacity of the fuel tank of the average family car, it will cost 9 yuan less to fill up a tank of 92 gasoline.
◐Inner Mongolia: By 2030, the output value of the lithium industry chain will exceed 200 billion yuan. On May 15, the "Guiding Opinions on the Development of Lithium Industry in Inner Mongolia Autonomous Region" issued by the Department of Industry and Information Technology of Inner Mongolia pointed out that by 2025, the lithium industry chain in the whole region will be initially built, with a lithium concentrate capacity of 50,000 tons/year (converted to lithium carbonate equivalent), 520,000 tons/year of lithium iron phosphate cathode materials, 1.764 million tons/year of anode materials, 30,000 tons/year of electrolyte, 1.5 billion square meters/year of separators, 29GWh/year of batteries, and the output value of the lithium industry chain will reach 70 billion yuan. By 2030, a relatively complete lithium industry ecology will be formed, the technological innovation capability will be significantly enhanced, the industrial scale will be significantly expanded, the intelligent and green will reach the national advanced level, and an important national lithium industry base will be built, and the output value of the lithium industry chain will exceed 200 billion yuan.
◐Shanghai: Promote green electricity consumption and accelerate the low-carbon energy transition. On May 14, Gong Zheng, deputy secretary of the Shanghai Municipal Party Committee and mayor, presided over an executive meeting of the municipal government, which agreed in principle to the "Implementation Opinions of Shanghai on Promoting Green Power Consumption and Accelerating the Low-carbon Transformation of Energy" and pointed out that to promote green power consumption, the supply side should enrich trading resources, actively increase the supply of green electricity, and give priority to meeting the green power needs of enterprises. On the trading side, it is necessary to improve standards and specifications, strengthen information exchange, technology empowerment, improve the accuracy of green electricity accounting, and create a standardized and efficient green electricity trading market. On the consumer side, incentives and guidance should be strengthened, focusing on bottlenecks such as green certificate transactions, expanding application scenarios, improving incentive measures, strengthening policy coordination, and promoting international integration.
◐Hubei grid-connected distributed photovoltaic power generation "blowout". According to a report by Hubei Daily on May 15, it was learned from State Grid Hubei Electric Power that since last year, Hubei distributed photovoltaic power generation has shown a "blowout" trend, with 105,700 new grid-connected households in 2023, a year-on-year increase of 224%. At present, Hubei has a total of 187,600 grid-connected low-voltage distributed photovoltaic households, with a total capacity of 6,269,900 kilowatts.
◐The first phase of the East Central Route of the South-to-North Water Diversion Project has transferred a total of 72 billion cubic meters of water. According to a CCTV news report on May 15, it was learned from the China South-to-North Water Diversion Group that the first phase of the east-central route of the South-to-North Water Diversion Project has transferred a total of 72 billion cubic meters of water, and more than 176 million people in seven provinces and cities along the route have benefited from it.
◐The mainland's first offshore multi-layer heavy oil thermal recovery oilfield was officially drilled. According to a report by China News Network on May 15, it was learned from CNOOC Tianjin Branch that the first offshore multi-layer heavy oil thermal recovery oilfield in mainland China, the Jinzhou 23-2 heavy oil development project in Bohai Oilfield, was officially drilled. As the first heavy oil directional well layered thermal recovery development project in the mainland offshore China, the project uses 4 drilling ships to implement drilling and completion operations in the mode of competition and competition, and is expected to meet the stable use of a city with a population of one million for 3.5 years after it is put into production.
◐The first test flight of a 2-ton electric vertical take-off and landing aircraft will be used for air travel. According to a CCTV News report on May 14, recently, at Shanghai Pudong International Airport, the 2-ton load-carrying electric vertical take-off and landing aircraft independently developed by Fengfei Aviation Technology completed a charter flight. The flight at Pudong International Airport achieved the first test flight of a tonnage eVTOL aircraft in a 4F-class airport (the highest-level airport that can take off and land various large aircraft), which is a major breakthrough in China's low-altitude economic development.
International News
◐OPEC maintains its forecast for global oil demand this year and next. According to CCTV News reported on May 15, the Organization of the Petroleum Exporting Countries (OPEC) released a monthly oil market report on May 14 local time, maintaining last month's forecast for global oil demand in 2024 and 2025, believing that the average daily oil demand this year will increase by 2.2 million barrels compared with 2023 to about 104 million barrels, and the average daily oil demand in 2025 will increase by 1.8 million barrels compared with 2024 to about 106 million barrels.
◐According to the report, the number of Chinese investment projects in Germany reached a record high last year, and investment in renewable energy increased significantly. According to CCTV News reported on May 15, the "2023 Foreign Investment Report in Germany" released by the German Federal Trade and Invest Agency on May 14 showed that the interest of Chinese companies in German investment has increased significantly, and the number of investment projects in Germany last year hit a new high since 2017, an increase of nearly 42% over the previous year. Chinese enterprises invested significantly in the renewable energy sector last year, with the number of projects about three times that of 2022, accounting for about one-fifth of the total number of projects.
◐A court in Hiroshima, Japan, rejected a petition to prohibit the restart of Unit 2 of the Shimane Nuclear Power Plant. According to CCTV News, Kyodo News reported on May 15 local time that the Matsue Branch of the Hiroshima High Court in Japan decided to reject the request of some people to prohibit the restart of Unit 2 of the Shimane Nuclear Power Plant on the same day. On March 10, 2023, four residents living in Shimane and Tottori prefectures filed an application with the Matsue Branch of the Hiroshima High Court to issue a temporary injunction against Unit 2 of the Shimane Nuclear Power Plant, prohibiting the restart of the nuclear power plant unit.
Corporate News
◐The first ship of the largest LNG carrier construction project in mainland China was successfully delivered. On May 15, CNOOC announced that the first ship of the mainland's largest LNG (liquefied natural gas) carrier construction project, "Green Energy Ying", was successfully named and delivered to Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of China State Shipbuilding Group. The successful completion of this 174,000 cubic meter LNG carrier, which represents the highest technical level in the field of large-scale LNG carriers in the world, is of great significance to ensure the safety of energy transportation, effectively enhance the independent capacity of the mainland LNG transportation industry chain, and help the mainland build a manufacturing power and a maritime power.
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Editor-in-charge丨Li Huiying