Coal, the dirtiest of the world’s fossil fuels, has been in terminal decline for years now. Investment in the once-vital commodity has crashed, and the ESG movement is only accelerating Continue Reading
Chinese smartphone maker Xiaomi will set up an electric vehicle (EV) unit with an investment of US$10 billion over ten years, joining a competitive electric car market at home. “The Continue Reading
China’s build-up of oil refining capacity is threatening the viability of other Asian refiners as the country is about to become the world’s largest refiner this year amid still depressed Continue Reading
The fishing grounds where Jung Kuenbae and his forbears have caught shrimp, butterfish and croakers for three generations are going to be turned into the world’s largest offshore wind farm. Continue Reading
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the Continue Reading
French President Emmanuel Macron announced a nationwide four-week lockdown, closing schools and business, in the latest and alarming sign that Europe is yet again losing control of the pandemic. “We did Continue Reading
China’s crude oil imports from Iran this month could reach close to 1 million bpd, Reuters reported today, citing trading and analyst sources. That would be almost half the amount Continue Reading
China’s coal-fired power generation increased last year as growing electricity demand outpaced the installations of new clean power capacity, making China the only G-20 country with rising coal generation, climate Continue Reading
China’s ambitious plan to vaccinate 40% of its population by the end of June could pave the way for lifting the economy’s growth rate to 9.3% this year, Oxford Economics Continue Reading
Asia-Pacific air passenger traffic plunged 93.7% year on year in February as nations maintained strict border controls due to the global pandemic, Association of Asia-Pacific Airlines data released March 29 Continue Reading
