Default fears have continued to stalk the China Evergrande Group despite efforts by its chairman to lift confidence in the embattled firm. The Evergrande Group, one of China’s biggest real-estate Continue Reading
China’s energy industry is caught between a rock and a hard place. As the world’s second-largest economy has surged back to life in the wake of the novel coronavirus pandemic, Continue Reading
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is Continue Reading
Top state refiners Sinopec Corp, PetroChina and leading private chemical giants like Hengli Petrochemical (600346.SS) and Zhejiang Petrochemical Corp are set to join the country’s first state oil reserve auction Continue Reading
Chinese President Xi Jinping on Tuesday said Beijing would stop building coal-fired power plants abroad, in a public commitment to redirect the country’s huge engineering industry away from adding to Continue Reading
Europe is being ravaged by an unprecedented energy crisis, and it may already be spreading. Asia, the world’s biggest buyer of gas and coal, may be next, with China particularly Continue Reading
ConocoPhillips ’s purchase of Royal Dutch Shell Plc ’s Permian assets will make it the second-largest producer in the world’s top shale basin, according to data from Enverus. The Houston-based Continue Reading
Bristow Group Inc. , one of the biggest aircraft companies that ferries oil workers to offshore platforms, is considering the purchase of as many as 50 electric-powered helicopters. The Houston-based Continue Reading
Biden Pledges to Give $11 Billion to Fight Climate Change President Joe Biden’s pledge to double the money the U.S. will spend helping poorer nations fight climate change is drawing Continue Reading
Blazes in the Mediterranean basin, North America and Siberia resulted in the highest level of carbon emissions from wildfires ever recorded during summer in the Northern Hemisphere. The fires released Continue Reading
