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Month: June 2022

Category:
  • Prices

Natural gas futures plummet after EIA reports 74 Bcf build into storage

US natural gas working stocks rose by a larger-than-expected 74 Bcf during the week ended June 17, reducing the deficit to a seasonal low of 13.2%, which helped spur a Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ to stick to oil supply rise plan as Biden heads to Saudi – sources

OPEC and allied producing countries including Russia will likely stick to a plan for accelerated oil output increases in August, sources said, hoping to ease surging oil prices and inflation Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • South Africa

Widening Protests May Worsen South Africa Power Cuts, Eskom Says

High voltage electricity transmission pylons alongside the Eskom plant in South Africa. Eskom Holdings SOC Ltd. said it may increase power cuts in South Africa as workers escalate protests over Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • Pakistan

Pakistan Faces Deeper Power Crisis as LNG Becomes Too Expensive

 Pakistan is facing an escalation of its power crisis after it failed to agree a deal for natural gas supply next month. State-owned Pakistan LNG Ltd. scrapped a purchase tender Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • China

China’s Tech Giants Lost Their Swagger and May Never Get It Back

Ant Group headquarters in Hangzhou. Regulators scrapped Ant’s IPO plans in 2020. Photographer: Qilai Shen/Bloomberg On trading floors in New York and Hong Kong, the brightening mood toward Chinese technology Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • China
  • Solar

China’s Leaders Mull Banning Solar Panels From Farmland

 China may bar solar developers from building panels on farmland as the government weighs the importance of food security against its clean energy goals. Three ministries including the National Energy Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • China

China’s Quest for Iron

The 500-mile drive across Guinea to the Simandou mountains takes three days. Videographer: Jason Florio for Bloomberg Green Guinea’s Simandou mountains hold the largest untapped iron-ore deposit on the planet. Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • China

Northern Chinese provinces hit peak power loads on heat wave

Highlights State Grid says northern grids hit peak power loads multiple times High temperature alert issued for 12 provinces and regions Li Keqiang stresses on maximizing coal production A heat Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • China
  • Energy Storage

New EV Battery Boasts 1,000km Range

A new battery from Contemporary Amperex Technology Co Ltd promises to resolve one of the chief complaints that drivers have with electric vehicles: battery range. The next-generation Qilin battery—named after Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • China
  • Energy Storage

CATL launches 3rd generation of cell-to-pack; 72% volume utilization efficiency, up to 255 Wh/kg

CATL launched Qilin, the third generation of its CTP (cell-to-pack) technology. With a record-breaking volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg, it achieves Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple

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