中化新网讯 近日，睿咨得能源发布最新研究报告，报告表明，尽管2024年全球生产了300亿桶石油，但 过去一年全球探明可采石油资源量仍增加了50亿桶。睿咨得表示，这一净增长主要得益于阿根廷Vaca Muerta页岩区和美国得克萨斯州——新墨西哥州二叠纪特拉华盆地的资源潜力重新评估。睿咨得预计未 来5年新常规石油项目的储量接替率将低于产量的30%，而勘探接替率约10%。 报告显示，全球可采石油资源稳定在约1.5万亿桶。待发现资源量下调至4560亿桶，主要原因是前沿勘 探活动锐减、美洲以外地区页岩开发失利及近五年海上开发成本翻倍。睿咨得称，当前全球已探明石油 储量仅相当于14年的产量水平。若未来全球石油需求按照石油输出国组织(OPEC)预测持续增长，即使 油价维持高位，供应仍可能难以满足需求。但若能源转型持续推进，未来石油需求预计不断下降。 ...

Core Insights - Despite significant efforts by the EU to reduce dependence on Russian energy, Russia remains a crucial energy supplier, holding the third position in natural gas exports to the EU [1][2][4] Natural Gas Supply Dynamics - In Q1 2025, the total natural gas imports to the EU reached 69 billion cubic meters, with Norway as the largest supplier (31% share), followed by the US (24%) and Russia (14%) [1][2] - The EU's natural gas consumption rebounded to 119 billion cubic meters, marking an 8% year-on-year increase, ending a decline that persisted since 2021 [2] Shift in Supply Sources - The supply landscape has dramatically changed, with Russian pipeline gas supply dropping significantly due to the cessation of pipeline transport through Ukraine, leading to a 45% quarter-on-quarter and 39% year-on-year decline, now constituting only 12% of total EU imports [4] - In Q1 2025, Russia became the second-largest LNG supplier to the EU, providing 5.1 billion cubic meters, which accounted for 16% of the EU's total LNG imports [4] Economic Implications - The average wholesale natural gas price in Europe surged to €47 per megawatt-hour, a 71% increase year-on-year, driven by geopolitical risks and rapid inventory depletion [7] - Retail prices for EU households rose by 6% year-on-year, reaching €112 per megawatt-hour, with Germany experiencing a 28% increase, reflecting the economic costs of transitioning away from Russian energy [7] Energy Policy Challenges - The reliance on Russian LNG has paradoxically deepened, despite the EU's efforts to reduce dependency on pipeline gas, highlighting the complexities of the EU's energy transition [5][9] - The report underscores the ongoing challenges in achieving energy independence for the EU, as geopolitical realities continue to influence energy supply dynamics [9]

Core Insights - Stonepeak, a major alternative investment firm managing $76.3 billion in assets, is expanding its renewable energy footprint in the Middle East by launching a regional platform called WahajPeak, targeting the solar, wind, and energy storage markets in the Gulf Cooperation Council (GCC) and the broader Middle East [1][4] - The region aims to deploy 175 GW of clean energy capacity by 2030, which is equivalent to a quarter of the current global wind power capacity [1] Group 1 - WahajPeak's establishment follows a strategic alliance between Stonepeak and the Arab Energy Fund, committing $1 billion for infrastructure development in the Middle East [4] - This combination of capital and local resources is designed to support the expansion of WahajPeak's operations, aligning with the energy diversification and grid modernization strategies of countries like Saudi Arabia and the UAE [4] Group 2 - The new enterprise will be led by Mothana Qteishat, who has over 17 years of regional development experience and has previously served as Vice President at Jinko Power, with a track record of delivering over 5 GW of solar projects [7] - Stonepeak has established localized teams in Riyadh and Abu Dhabi, differentiating its operational model from traditional financial investors [7] Group 3 - The establishment of WahajPeak is part of Stonepeak's global renewable energy strategy, which includes platforms in Asia, North America, and Europe, with a total clean energy asset portfolio of 10.4 GW across various project stages [7] - Stonepeak's investment is poised to transform the energy landscape in the Middle East, potentially redefining the concept of "petrodollars" in the 21st century [9]

在全球经济格局中，中东地区以其丰富的能源资源和雄厚的主权财富基金闻名。这些年来，中国作为世界第二大经济体，与中东国家的经贸往来日益紧密， 尤其是能源贸易和投资领域。 卡塔尔作为波斯湾沿岸的一个小国，国土面积仅1.1万平方公里，人口不足300万，却凭借天然气储量位居全球第三、原油储量第十四的优势，成为中国重要 的合作伙伴。 从2014年签署共建"一带一路"谅解备忘录开始，双边关系逐步深化，到2020年中国已成为卡塔尔最大贸易伙伴。 收购过程经历了多个阶段。首先是谈判环节，卡塔尔投资局与春华资本就股权定价和条款进行磋商，定价基于华夏基金的净资产价值，每股约4.9元人民 币，确保合理溢价。接着提交中国证券监督管理委员会审查，包括反垄断评估和外资准入审核。 2025年5月22日，证监会正式批复，核准卡塔尔控股成为华夏基金5%以上股东。到7月14日，交易完成，卡塔尔控股正式成为第三大股东，与中信证券并列 持股比例。这与以往中东资金对华投资形成了鲜明对比。 过去，沙特公共投资基金等更多聚焦能源和石化，如2023年对恒力石化的80亿元人民币投资，主要涉及上游资源开发。而卡塔尔此次选择金融服务下游，体 现了投资从资源型向高附 ...

来源：国是直通车 当天，来自13家媒体的青年记者参加了开营仪式，主办方以及支持机构代表为全体学员颁发入营通知书。 "能源中国—青年菁英记者计划"设立于2022年，迄今已经成功举办了三届。计划旨在推动公共领域对"双碳"目标、气候政策以及能源转型等话题的讨论， 为气候变化与低碳发展领域培养储备一批高质量的媒体人才，扩大能源领域的"朋友圈"。过去三年，有来自30余家知名媒体的45名能源、气候领域优秀记 者成功入选。 今年是"两山"理念提出20周年，是《巴黎协定》达成10周年，是"双碳"目标提出5周年。当下，新发展理念深刻改变了中国的生态治理实践，推广生态保 护与高质量发展协同共生的理念越来越成为共识，但在全球范围，能源绿色转型之路依然面临诸多挑战和困难。作为世界绿色发展的坚定行动派、重要贡 献者，"中国声音"在这场全球性讨论中不可或缺，有效传播中国能源转型实践离不开媒体的力量。 2025"能源中国—青年菁英记者计划"将继续邀请能源、气候、经济领域专业导师团队授课，为学员提供政策解读、知识梳理、热点科普、权威对话，助力 媒体人对"双碳"之路的深入报道与讨论。学员还将赴国内有代表性的新能源项目现场开展田野调研。优秀学员 ...

Core Viewpoint - The Chinese biodiesel industry is facing significant challenges due to EU policies, but the emerging market for bio marine fuel presents a viable opportunity for growth and diversification [2][3][5]. Industry Overview - China is a major biodiesel producer with an annual output exceeding 2 million tons, of which 90% is exported [3]. - The EU is the largest market for Chinese biodiesel, with approximately 180,000 tons exported in 2023, accounting for 90% of total exports [3]. Challenges Faced - The biodiesel export volume dropped by 42.55% in the first half of 2025, indicating a significant contraction in market share [4]. - The EU has implemented multiple measures against Chinese biodiesel, including the revocation of ISCC certifications and anti-dumping investigations, leading to tariffs ranging from 10% to 35.6% [3][5]. Opportunities in Bio Marine Fuel - The bio marine fuel market is seen as a potential solution for the biodiesel industry, with the possibility of increasing annual usage to over 3.6 million tons [5][7]. - The demand for bio marine fuel is rising due to the shipping industry's decarbonization pressures, with significant sales growth in major ports like Singapore and Rotterdam [5][6]. Strategic Recommendations - Promoting bio marine fuel aligns with low-carbon development trends and can help circumvent EU tariffs by shifting the supply chain to domestic blending and refueling [6][8]. - Establishing a local blending and refueling system is crucial for reducing costs and improving efficiency in the bio marine fuel market [8]. - The industry should focus on innovation and high-quality development to transition from an export-dependent model to a dual circulation strategy [8].

Core Insights - The Chinese biodiesel industry is facing significant challenges due to EU policies, but the development of bio marine fuel bunkering presents a viable opportunity for growth [1][2][4]. Industry Overview - China is a major biodiesel producer with an annual output exceeding 2 million tons, of which 90% is exported [2]. - The EU is the largest market for Chinese biodiesel, with approximately 180,000 tons exported in 2023, accounting for 90% of total exports [2]. Challenges Faced - The EU has implemented multiple measures against Chinese biodiesel, including the revocation of ISCC certifications and anti-dumping investigations, leading to a significant drop in exports [2][3]. - In the first half of 2025, China's ester-based biodiesel exports fell by 42.55% year-on-year, indicating a shrinking market share [3]. Opportunities in Bio Marine Fuel - Expanding bio marine fuel bunkering is seen as a critical strategy for the biodiesel industry to overcome export challenges [4][5]. - The demand for bio marine fuel is increasing, with significant sales growth in major ports like Singapore and Rotterdam, despite a price premium of 30% to 60% over low-sulfur fuel oil [4]. Strategic Advantages - Promoting bio marine fuel aligns with low-carbon development trends and can help avoid EU tariffs by shifting the supply chain to domestic blending and bunkering [5][6]. - The establishment of a domestic carbon accounting and certification system is crucial for enhancing China's international competitiveness in biofuels [6]. Future Projections - By the end of the 14th Five-Year Plan, the annual consumption of B24 bio marine fuel in China is expected to reach 15 to 20 million tons, potentially driving biodiesel usage by 3.6 to 4.8 million tons [6]. - The industry must transition from an export-dependent model to a dual circulation strategy, focusing on innovation and high-quality development [7].

在全球能源转型的浪潮中，钠离子电池正从实验室走向现实生活，而中国企业在这一领域的突破，正在 为普通人带来更安全、更经济的能源选择。近日，上海璞钠能源科技有限公司(以下简称"璞钠能源")凭 借其突破性的钠电正极材料技术，荣膺"钠电核心材料突破奖"。这一技术不仅代表着行业的前沿水平， 更将深刻改变普通人的日常生活——从绿色出行到家庭储能，从应对严寒的交通工具到户外休闲的电力 保障，钠电技术正悄然融入人们生活的方方面面。 应用场景全面开花 技术突破，恰似一把神奇的钥匙，为钠电打开了多领域广泛应用的大门。这一突破，不仅仅是实验室里 的数据跃升，更是实实在在地走进了大众生活，为各行各业带来了看得见、摸得着的进步，让普通大众 也能真切感受到生活的美好变化。 更安全的电动两轮车：告别起火隐患 电动自行车和摩托车是数亿中国人的日常交通工具，其动力电池的安全性一直备受关注。近年来，锂电 池起火爆炸事故频发，不仅严重威胁用户生命财产安全，也给城市管理增添诸多难题。行业观察人士指 出，钠离子电池技术的突破为这一领域提供了新的解决方案。据了解，采用新型NFPP正极材料的钠电 池，其热稳定性较传统锂电池显著提升。相关测试数据显示，使用 ...

Industry Overview - The mining industry is a cornerstone of the global economy, increasingly intertwined with human activities. In 2024, the top 40 non-gold mining companies experienced a 3% year-on-year decline in revenue and a 10% drop in EBITDA due to rising costs, leading to a decrease in EBITDA margins. Conversely, gold mining companies saw a 15% increase in revenue and a 32% rise in EBITDA, somewhat masking the performance decline of non-gold mining firms [1][8][11]. Multi-Sector Support and Cross-Industry Opportunities - Mining provides essential mineral support for six core sectors: energy and power, transportation, food, healthcare, construction, and manufacturing. Cross-sector development presents opportunities, such as mining companies investing in zero-emission power production and participating in cross-regional railway projects, enhancing operational efficiency and promoting social welfare [1][21][16]. Concentration Risk and Response Measures - There is a mismatch in the geographical distribution of mineral reserves and production, leading to concentration risks that are susceptible to regional issues. Countries are responding by formulating critical mineral strategies, increasing investments, and ensuring supply security. Companies are investing in processing stages, exploring alternative materials, and innovating technologies, while end-users stabilize supply chains through agreements and investments. For instance, Indonesia has enhanced its position in the global nickel market through export restrictions on nickel ore, promoting processing capacity growth [1][34][25]. Market Dynamics - In 2024, the number and scale of mining transactions declined, with energy transition minerals accounting for a lower proportion of transactions compared to previous years. The industry is witnessing trends such as consolidation (especially in gold and silver), divestment of non-core assets, vertical integration, diversification, technology-driven mergers and acquisitions, and increased government involvement [2][40][43]. 2035 Outlook - The report analyzes seven driving factors impacting the mining industry, including population growth, urbanization, energy transition, and environmental impacts. It is anticipated that population growth and urbanization will increase mineral demand over the next decade, while energy transition will drive demand for critical minerals. Technological advancements will enhance efficiency, and changes in human capital and funding support will reshape the landscape, with government regulation and policy collaboration being crucial [2][51][55]. Conclusion and Appendix - Collaboration across sectors is essential, with mining companies encouraged to cooperate in downstream research and development, infrastructure construction, and talent cultivation. The appendix provides geographical distribution data for reserves and production of various minerals, including copper and lithium, along with information about the report's authors and contact details [2][4][11].

Group 1: Industry Overview - China's solar cell production capacity exceeds 10,000 pieces per minute, and over 80% of global photovoltaic components and 70% of wind power equipment are manufactured in China [1] - China has maintained the world's largest production and sales of new energy vehicles for 10 consecutive years [1] - By the end of 2024, non-fossil energy installed capacity in China is expected to reach 58.2%, with wind and solar power accounting for 42% of total installed capacity, marking a tenfold increase over the past decade [4] Group 2: Energy Transition - The global energy transition towards low-carbon, green, and sustainable sources is an inevitable direction due to the limited nature of resource-based energy [3] - The energy revolution is characterized by a shift from resource dependence to technology-driven solutions, which can help break the inflationary cycle associated with resource constraints [4] - The integration of the energy supply chain, referred to as "source-network-load-storage," is seen as a significant opportunity for investment [5][6] Group 3: Investment Strategies - Public funds are playing a crucial role in guiding resource allocation and value discovery in the green transition [1] - The investment focus includes sectors such as new energy vehicles, lithium batteries, and photovoltaic products, which are gaining global recognition [4] - The company has developed a comprehensive product line covering the entire green low-carbon industry chain, including both active and passive funds tailored to various investor needs [8][9] Group 4: Technological Advancements - The energy transition is driven by technological advancements, with clean energy generation being the first to mature, followed by energy storage and electric vehicles [10] - The automotive industry is experiencing a significant transformation, with a focus on electrification, intelligence, and internationalization [8] - The integration of AI technology in the automotive sector is expected to accelerate the adoption of smart driving solutions [11] Group 5: Future Outlook - The company believes that the green low-carbon and clean energy sectors will continue to present abundant opportunities in the future [12] - The ongoing evolution of the energy system requires a shift towards a more integrated and intelligent approach, enhancing collaboration across the energy supply chain [11]