Singapore’s energy regulator said on Saturday that it is working closely with retailers facing challenges from current volatile electricity prices and said there will be no disruption to their customers’ Continue Reading
Oil prices continued to climb on Friday despite worrying import data from China, with traders choosing to focus on increasing oil demand elsewhere. Friday, October 15th, 2021 The ongoing rally Continue Reading
Asian demand for U.S. oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract. China and other Asian buyers Continue Reading
While countries around the world have turned their backs on coal due to its high emissions, Australia is one country that is unlikely to follow suit So far this month Continue Reading
Outflows of oil products such as diesel and gasoline are expected to slip this month. China, Asia’s biggest oil refiner by capacity, is set to slash fuel exports as it Continue Reading
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the Continue Reading
China’s energy crisis deepened on Friday as cold weather swept into much of the country and power plants scrambled to stock up on coal, sending prices of the fuel to Continue Reading
China’s coal futures have closed every trading day this week at a record amid power shortages and blackouts across the country © Bloomberg Chinese coal futures are on track for Continue Reading
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel to ease an energy crunch Continue Reading
Chinese President Xi Jinping appears to be sailing into an economic storm of his own making, as one of China’s largest developers teeters on the edge of bankruptcy and manufacturers Continue Reading
Beijing said on Tuesday it would allow price fluctuations of power derived from coal-fired plants to improve the country’s power market as shortfalls in power generation have sparked an energy Continue Reading
Crude oil imports into China fell by 6.8 percent over the first nine months of the year, to 387 million tons, according to customs data cited by Reuters. Natural gas Continue Reading
Lowy Institute’s McGregor on U.S.-China Relations China said it set up a group with the U.S. to discuss disputes, ahead of a video summit between President Joe Biden and his Continue Reading
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel to ease an energy crunch Continue Reading
Factory gate prices in China rose at their fastest pace in more than a quarter of a century as record coal prices intensified inflationary pressures on businesses and manufacturers. The Continue Reading
China has taken a step back from emission reduction commitments amid the energy crunch that caused factory closures and power rationing. In a statement, Premier Li Keqiang said that the Continue Reading
January Zhengzhou thermal coal futures hit a record high Price surge comes a day after govt liberalized power market Coal imports at highest for the year in Sept Data shows Continue Reading
China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising global prices and as tightened import quotas continued Continue Reading
Marine fuel sales in Singapore fell to a 15-month low of 3.94 million tonnes in September as the number of ships calling at the world’s largest bunkering hub for bunkers Continue Reading
Bloomberg News China’s economic slowdown is putting the spotlight back on fiscal stimulus — but Beijing isn’t opening the spending taps just yet. While the U.S. government is pushing to Continue Reading
In a world where central bank stimulus has wiped out most of the distress from global bond markets, the troubles of China’s property companies are standing out. Of the $139 Continue Reading
China’s crude oil imports fell 4.7% on the month to 10.03 million b/d in September, latest data from the General Administration of Customs, or GAC, showed Oct. 13. The reduction Continue Reading
Home sales in China are seizing up as curbs on lending and worries about developers’ financial health deter house buyers, casting a pall over an industry that is central to the Chinese Continue Reading
China’s state planner, the National Development and Reform Commission (NDRC), said on Tuesday it will fully liberalize pricing for electricity generated from coal and that industrial and commercial users will Continue Reading
Electricity prices in Japan have risen to nine-month highs this week as gains in global prices of oil, liquefied natural gas (LNG) and coal are starting to feed through to Continue Reading
China’s power shortages will likely force some European companies operating there to delay orders and some firms are unhappy about how authorities notify them about power cuts, a European business Continue Reading
China’s largest coal-producing region was hit by severe flooding, threatening the country’s already strained power supply and displacing more than 120,000 people as residents called for help from other regions. Continue Reading
China’s state planner, the National Development and Reform Commission (NDRC), said on Tuesday it will fully liberalize pricing for electricity generated from coal and that industrial and commercial users will Continue Reading
China Evergrande Group, the embattled property developer, is the first high-profile real-estate company to run into serious trouble in Beijing’s campaign to tame a roaring property market. It might not be the last. Continue Reading
The largest provincial economy in China’s northeast rustbelt warned of worsening power shortages on Monday, despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy Continue Reading
China’s energy crisis is likely to mean higher electricity prices, forcing the nation’s army of metals smelters to reduce output and threatening the industrial activity that has underpinned the nation’s Continue Reading
Days before phase one of the United Nations Biodiversity Conference in the southwest Chinese city of Kunming, the meetings look constrained in ambition and stalled in progress. After an 17-month Continue Reading
Chinese coal futures rose to record levels as floods shut dozens of mines and displaced more than 100,000 people, throttling the country’s main source of fuel for electricity and compounding Continue Reading
Japan is set to fire up its nuclear power plants as it looks to expand its renewable energy offering amid a push to slash its emissions, its new industry minister Continue Reading
WASHINGTON, Oct 8 (Reuters) – China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a Continue Reading
China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for the Continue Reading
The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from Toyota Motor Corp. to Australian sheep farmers and makers of cardboard boxes. The extreme Continue Reading
On the northern edge of a vast Chinese factory city, welding torches gleam as workers finish construction on a gas-fired power plant to replace one that burned coal and blanketed Continue Reading
Chinese officials have ordered more than 70 mines in Inner Mongolia to ramp up coal production by nearly 100 million tonnes as the country battles its worst power crunch and Continue Reading
BEIJING, Oct 8 (Reuters) – China’s top coal producing province of Shanxi told 98 mines to raise coal output capacity by 55.3 million tonnes annually, according to a document confirmed Continue Reading
China has ordered coal miners to boost production as President Xi Jinping races to combat an energy crisis now threatening to slow the world’s secondbiggest economy and force his administration Continue Reading
China is so desperate for coal amid a power crunch threatening its economic growth that it has released Australian coal that has been sitting in bonded storage not cleared by Continue Reading
China’s desperation to secure the resources it needs to fuel its growth has driven it to increase its influence in Latin America Colombia, Ecuador, and Venezuela are all being targeted Continue Reading
The Biden administration began defining its China trade policy Monday, saying it aims to launch new talks with Beijing but will keep existing tariffs in place, while also restoring the Continue Reading
Rows of residential towers, some 26 stories high, stand unfinished in this provincial city about 350 miles west of Shanghai, their plastic tarps flapping in the wind. Elsewhere in Lu’an, Continue Reading
Following a spat with Australia late last year, Beijing banned coal imports from there. As a result, China is left with far from ideal alternatives Beijing may choose to reduce Continue Reading
Growing worries about defaults at Chinese property developers sapped investor sentiment on Tuesday, amid fresh credit rating downgrades and uncertainty about the fate of China Evergrande Group as it scrambles Continue Reading
China has started unloading a small number of Australian coal shipments despite an unofficial import ban, analysts said, in a move underscoring the intensity of the power crunch facing the Continue Reading
China is set for a difficult harvest season as a severe energy crunch hurts the outlook for booming production, a development that risks triggering a renewed surge in world agriculture Continue Reading
Small firms caught in China’s prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing Continue Reading
