Surging Energy Prices Could Derail China’s Coal Policies
The rally in energy commodities following Russia’s invasion of Ukraine could derail Chinese plans for using the guiding of the price of coal, which is still a major source of Continue Reading
Russia-Ukraine conflict puts China’s incremental crude appetite in spotlight
Russian energy flows not yet under US sanctions despite invasion China’s 2022 crude import growth seen at 536,000 b/d: Platts Analytics China may look for spot market bargains if other Continue Reading
Huge Chinese Desert Projects Will Power Next Wave of Wind, Solar
Solar panels in the Gobi desert, in Dunhuang, Gansu province, China. Bloomberg News China aims to greatly expand its wind and solar power capacity over the next several years through Continue Reading
China State Banks Restrict Financing for Russian Commodities
Why Russia’s Invasion Is Causing Anxiety in Beijing Bloomberg News At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities, underscoring the limits of Continue Reading
India aims to reopen discontinued coal mines; seeks private participation
India is looking to partner with private companies to restart mines that have previously been shut or had their production discontinued by state-run Coal India Ltd., or CIL, on a Continue Reading
Japan says it will deal with oil release from reserves in cooperation with IEA, other nations
Japan said on Friday it will appropriately deal with oil release from national reserves in cooperation with the International Energy Agency and relevant countries, after Russia’s attack on Ukraine fueled Continue Reading
Japan Sees Nuclear Energy As A Vital Piece Of Its Net-Zero Plan
Prior to the Fukushima disaster, nuclear power accounted for almost 30% of Japan’s energy mix, though it has since dropped to just 6.2% Japan is looking to reboot its nuclear Continue Reading
Asian Buyers Fear That Sanctions On Russia Could Complicate Oil Trade
Oil traders in Asia—except in China—are alarmed that they could soon struggle to procure enough crude if the West imposes sanctions on Russian oil trade or cuts Russia from the Continue Reading
Hong Kong rolls out vaccine passport and tighter COVID measures
Hong Kong rolls out a vaccine passport on Thursday that requires people aged 12 and above to have at least one COVID-19 vaccination and also tightened restrictions in a city Continue Reading
China calls on all countries to protect energy security
China’s foreign ministry said on Thursday that all countries should work together to jointly protect global energy security. Ministry spokesperson Hua Chunying was responding to a question at a regular Continue Reading