China to start vaccinating children to age 3 as cases spread
1 of 11 Women wearing face masks to help curb the spread of the coronavirus ride scooters passing by masked residents line up to receive booster shots against COVID-19 at Continue Reading
Behind China’s Rising Emissions Are Hundreds of Hidden Polluters
Curbing China’s output of greenhouse gas will do more than almost anything else at this point to decide the fate of the planet. That primacy comes from being, by far, Continue Reading
China Targets More Than 80% Non-Fossil Energy Use by 2060
China aims to have non-fossil energy consumption exceed 80% of its total mix by 2060, when the world’s second-biggest economy plans to be carbon neutral, according to guidelines published by Continue Reading
China says it must consider food and energy security when curbing emissions
China’s cabinet on Sunday outlined measures to achieve its goals of reaching peak carbon emissions by 2030 and carbon neutrality before 2060 but said food and energy security must be Continue Reading
India’s Top Utility Looks To Import Coal As Energy Crisis Continues
The largest power generating company in India, NTPC Ltd, is looking for bids to import at least one million tons of coal for the first time in two years, Bloomberg Continue Reading
China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says
China Evergrande Group EGRNF 7.41% made an overdue interest payment to international bondholders, the state-owned Securities Times reported Friday, an unexpected move that allows the property company to stave off a default. The Continue Reading
China’s overseas coal ban raises pressure on developing countries to go green
For Vietnam’s central planners, the timing was terrible when China announced it would no longer build coal-fired power projects abroad. In early September, an updated energy blueprint for the Southeast Asian nation Continue Reading
China Vows Crackdown On Coal Futures Speculation
Chinese authorities have signaled they would start looking into the recent price spikes and subsequent plunge in the domestic coal futures market as part of efforts to contain the price Continue Reading
China coal prices mark worst week since May on govt intervention
China’s thermal coal futures plunged on Friday and turned in their worst week in five months, following Beijing’s strongest intervention in years to boost supply and cool runaway prices of Continue Reading
From Baltic to Balkans, Covid crisis engulfs central and eastern Europe
As ambulances carrying coronavirus patients queue outside Romania’s emergency units, hospitals are running out of beds, morgues are overflowing and doctors are becoming exasperated as well as exhausted. Most of Continue Reading
India Looks To Create Strategic Coal And Gas Reserves
One of the world’s largest energy consumers and importers, India, is weighing the possibility of keeping strategic reserves of imported coal and natural gas in order to fend off future Continue Reading
India celebrates 1B vaccine doses, hopes to speed 2nd shots
India celebrated giving its billionth COVID-19 vaccine dose on Thursday, a hopeful milestone for the South Asian country where the delta variant fueled a crushing surge earlier this year and Continue Reading
China coal futures slump as gov’t signals intervention to ease power crisis
China’s thermal coal futures fell by their trading limit for the third evening session in a row on Thursday, extending losses triggered by signs Beijing may intervene to cool surging Continue Reading
Chinese Developer Defaults Pile Up as Evergrande Contagion Spreads
he pain is spreading in the market for Chinese junk bonds. Dollar-bond defaults from Chinese property developers are rising quickly as the country’s housing market slumps, and the problem could Continue Reading
CHINA DATA: Sep pipeline gas imports hit new record of 3.9 million mt
China’s pipeline natural gas imports set a new record of 3.87 million mt in September, up 2.2% from the previous high of 3.79 million mt in August, showed latest data Continue Reading
China coal surge puts supply record, power jump within reach
China’s new coal output rate, hiked this week in the teeth of an energy crunch, puts it on pace to produce more of the fuel this year than ever before Continue Reading
China coal prices mark worst week since May on govt intervention
China coal futures down nearly 15% this week Beijing signals intervention to cool prices from record highs Traders take wait-and-see approach to demand-supply situation BEIJING, Oct 22 (Reuters) – China’s Continue Reading
Pfizer boosters show 95.6% efficacy against Covid, study finds
A booster shot of the BioNTech/Pfizer vaccine is 95.6 percent effective against Covid-19 compared with two shots and a placebo, the companies said on Thursday, citing preliminary results from the Continue Reading
Can new variants of the coronavirus keep emerging?
Can new variants of the coronavirus keep emerging? Yes, as long as the virus that caused the pandemic keeps infecting people. But that doesn’t mean new variants will keep emerging Continue Reading
Struggling with power crunch, India considers strategic reserves for gas, imported coal
India is considering maintaining strategic reserves of natural gas and imported coal to address future supply shocks, a senior power ministry official said on Thursday, as the energy-hungry nation battles Continue Reading
India’s Private, State Refiners To Partner On Oil Imports
India’s state-owned and private refiners are set to collaborate on their crude oil imports to secure better contract terms, Reuters has reported , noting that the idea comes from the Continue Reading
High prices could slow India’s transition to gas
High prices threaten India’s goal to boost the use of gas in its energy mix as some industries are looking at switching back to coal and petcoke, a top bureaucrat Continue Reading
China coal futures extend plunge after signs of govt intervention
China’s thermal coal futures fell the maximum 11% at the start of Wednesday’s night session on the Zhengzhou Commodity Exchange, extending a plunge triggered by possible government intervention in prices Continue Reading
Column: China wants to cool coal prices. Similar moves for metals, crude failed: Russell
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial success followed by failure. So far this year, Continue Reading
Turkmenistan’s Dirty Secret
The former Soviet republic is one of the world’s worst emitters of planet-warming methane. Its exported natural gas is becoming crucial to China. By Aaron Clark and Matthew Campbell Carrie Continue Reading
China coal prices plunge from record high as govt considers intervention
China’s coal futures fell 8% to their downward limit in night trading on Tuesday as the state planner said it was looking at ways to intervene and bring record high Continue Reading
Coal Prices Hit New Record In China As Energy Crunch Intensifies
The energy crisis amid a coal shortage in China has worsened because of colder weather in recent days, sending the key local coal futures contract to a new record high Continue Reading
Venture Global agrees to sell 4 million mt/year of LNG to China’s Sinopec: DOE
Oct. 1 letter, now public, says deals signed Sept. 1 High Asian and European prices spur contracting Venture Global LNG has signed two long-term offtake contracts with China’s Sinopec for Continue Reading
Stunning Coal Rally Halts in China as Government Issues Warnings
A spectacular rally in coal futures in China hit an abrupt halt as the government began a policy blitz intended to tame prices and ease the nation’s power crisis. The Continue Reading
China’s Curbs on Fertilizer Exports to Worsen Global Price Shock
Chinese authorities are imposing new hurdles for fertilizer exporters amid growing concerns over surging power prices and food production, a move that could worsen a global price shock and food Continue Reading
Major coal miners in China vow to boost output, cap prices
Some of China’s major coal producers have vowed to cap thermal coal prices this winter and next spring, after the government asked state-backed firms to ensure stable coal and power Continue Reading
China asks power grid firms to maximise purchases from renewable projects
China’s energy administration has urged power grid firms to maximise the purchase of electricity from renewable projects, to help ease power outages in the country. Grid firms should prioritise renewable Continue Reading
GE, Union Pacific Mandate Covid-19 Vaccine for U.S. Workers
General Electric Co. GE 0.59% , Union Pacific Corp. UNP -0.08% and other large U.S. employers are imposing Covid-19 vaccine mandates for their workers to comply with a Dec. 8 deadline set by the Biden administration for companies that are federal contractors. Boeing Co. , International Continue Reading
As deaths rise, Russian doctors despair at low vaccine rate
Medics wearing special suits to protect against coronavirus treat a patient with coronavirus, left, as others prepare a patent to move at an ICU at the Moscow City Clinical Hospital Continue Reading
Covid-19: New mutation of Delta variant under close watch in UK
Officials are keeping a close watch on a new descendant of the Delta variant of Covid that is causing a growing number of infections. Delta is the UK’s dominant variant, Continue Reading
EXCLUSIVE India presses Qatar for delayed LNG as power crisis mounts -sources
India, grappling with its worst power crisis in five years, has asked Qatar to expedite delivery of 58 delayed liquefied natural gas (LNG) cargoes, two sources familiar with the matter Continue Reading
Power squeeze curbs Chinese growth, leaves Europe in a gas bind
China’s power shortages hit growth in the world’s second biggest economy, threatening more pain for global supply chains, while Europe’s gas squeeze looked set to continue as Russia’s Gazprom showed Continue Reading
Foxconn unveils prototypes as it pushes to become an electric-car maker.
Foxconn, the Taiwanese electronics giant that assembles Apple’s iPhones, on Monday showed off the first physical fruits of its effort to become a major player in electric vehicles: a luxury Continue Reading
China coal hits record high amid tight supplies
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply. Thermal coal for January delivery, the Continue Reading
India’s diesel sales fall in October, data shows
India’s gasoil consumption fell in the first half of October from the same period in the previous year, preliminary sales data showed. Diesel sales by the country’s state fuel retailers Continue Reading
India’s electricity demand picks up in Oct as coal shortage lingers
India’s electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in Continue Reading
China’s energy crisis threatens lengthy disruption to global supply chain
Factory owners in China and their customers worldwide have been told to prepare for power supply disruptions becoming part of life as President Xi Jinping doggedly weans the world’s second-biggest Continue Reading
China’s economy stumbles on power crunch, property woes
China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and Continue Reading
Taiwan’s Foxconn shows off three electric vehicle prototypes
Taiwan tech giant Foxconn (2317.TW) unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc Continue Reading
China’s power woes may worsen as demand surges amid coal supply lag
China’s power woes look set to intensify as coal prices rose to a record on Monday following data showing supply of the fuel fell in September adding to concerns that Continue Reading
China refinery throughput hits 16-month low as quota, power crunch bites
China daily crude oil processing rate fell again in September, to the lowest since May 2020, as feedstock shortage and environmental inspection crippled operations at refineries and a power crunch Continue Reading
China Property and Energy Crises Deliver Blow to GDP Growth
WATCH: Helen Qiao of BofA Global Research discusses what the latest figures say about the state of China’s economy. China’s housing slump and electricity shortages dragged down economic growth last Continue Reading
What to Know in China’s GDP Beyond the Headline Numbers
China’s economy slowed rapidly in the third quarter under the stress of a property slump and electricity shortages. Beyond the headline numbers though, the dataset had a few other interesting Continue Reading
China economy grows 4.9% in third quarter as momentum slows
Gross domestic product grew 4-9 per cent year-on-year between July and September, according to data released by the National Bureau of Statistics on Monday, compared with 7-9 percent in the three Continue Reading
China’s GDP Growth Slows as Property and Energy Take a Toll – The New York Times
Steel mills have faced power cuts. Computer chip shortages have slowed car production. Troubled property companies have purchased less construction material. Floods have disrupted business in north-central China. It has all taken a Continue Reading