Russia’s invasion of Ukraine sparks fierce debate in China
Chinese internet users called it a “proxy war”: three weeks ago, two pensioners in a Shanghai park got into a fight over the Ukraine conflict that left Russia backing Shen Continue Reading
Geely questions future in Russia despite opening for China’s carmakers
Geely is examining its future in Russia, casting doubt on expectations that China’s carmakers would push further into the country to take advantage of the exodus of international groups following Continue Reading
China’s seaborne thermal coal demand seen set to rebound on summer stockpiling, rail maintenance
Imports may rise ahead of railway maintenance in April Domestic coal output, logistics hindered by COVID-19 lockdowns Spot offers for 5,500 kcal/kg NAR exceed guidance at Yuan 1,600/mt China’s seaborne Continue Reading
High gasoline prices may dent Japan’s demand recovery after pandemic restrictions end
Japan not under COVID-19-led movement curbs first time since early Jan Gasoline spot prices rise 37% year on year Japan’s domestic gasoline demand is expected to rise after the government Continue Reading
China to raise share of non-fossil fuels in electricity supply to 39% by 2025
To boost non-fossil fuel share in electricity to 39% by 2025 vs 29% now Energy security to be ‘premise’ for China’s modern energy system Coal to have supportive role, plant Continue Reading
Climate Impact From China’s Coal Push Visible From Space
China’s increased reliance on coal to combat an energy shortage was never going to bode well for its ambitions to cut planet-warming emissions. Now, thanks to new analysis of satellite Continue Reading
Batteries On A “Ridiculous” Cost Surge, Chinese EV Maker Says
Battery prices for electric vehicles are seeing a “ridiculous” increase on the back of soaring raw material prices, and carmakers will soon have to raise prices if they haven’t done Continue Reading
China aims for non-fossil fuels to make up 20% of energy use by 2025
China is aiming for non-fossil fuels to account for around a fifth of its total energy consumption by 2025 and to strictly control coal consumption in heavy industry, as it Continue Reading
Japan warns of blackouts, issues dire plea to save energy as temperatures drop
Japan on Tuesday issued an emergency plea for citizens, businesses and local authorities to conserve energy, warning of potential blackouts after a massive earthquake idled several power plants and unseasonably Continue Reading
Low-priced Russian Urals crude cargoes attract Chinese buyers for June deliveries
Several Chinese state-owned refiners have returned to the Russian spot market to buy May-loading Urals crude barrels, attracted by their record discount to Dated Brent, refining sources told S&P Global Continue Reading