Record Coal Prices Stall BHP’s Thermal Coal Exit
BHP, the world’s largest miner, has seen its plan to divest thermal coal assets stalled amid the recent rally in coal prices in the global energy crunch, sources with knowledge Continue Reading
China urges families to keep stocks of daily necessities ahead of winter
The Chinese government has told families to keep daily necessities in stock in case of emergencies, after COVID-19 outbreaks and unusually heavy rains that caused a surge in vegetable prices Continue Reading
China Shares Fall as Shut Schools Spark Concern on Virus Curbs
Chinese shares fell on Tuesday after Beijing suspended classes at some schools due to rising virus cases, deepening concern that the government’s Covid Zero approach will weigh on the nation’s Continue Reading
Beijing Quarantines School Children in Pursuit of Covid Zero
Parents gathered outside a primary school in Beijing late into the night on Monday, anxiously waiting for their children who were caught in a snap lockdown triggered by a teacher Continue Reading
China Binges On U.S. Gas to Manage Energy Shortage, Carbon Footprint – WSJ
At the height of the trade war in 2019, China all but cut off imports of U.S. liquefied natural gas. Today, China is buying more gas from the U.S. than ever. Continue Reading
China Asks Refiners To Help Ease Diesel Crisis
Officials at the National Development and Reform Commission (NDRC), China’s planning body, asked refiners in a meeting last week whether they would be able to import more diesel, produce more Continue Reading
China Struck By Diesel Shortage
China’s attempts to defy the laws of supply and demand when it comes to coal is leading to shortages elsewhere in the energy complex Gas shortages have left many gas Continue Reading
China’s giant state-owned companies struggle to align climate rhetoric with reality
Ambitious pledges from China’s leaders to cut emissions have put its giant, carbon-intensive state corporations under pressure to respond, but they are at risk of falling short amid confused policy Continue Reading
China’s state planner says coal supply improving, prices stabilising
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while coal prices have also stabilised, the state planner said. The most-traded Continue Reading
EV Battery Maker Close to Becoming Second-Biggest Stock in China
China’s stock-market darling Contemporary Amperex Technology is close to overtaking a state-owned lender to become the nation’s second-largest listed company. With a market capitalization of over 1.55 trillion yuan ($242 Continue Reading