China’s capital city is suffering through its worst air pollution since May in the wake of its decision to boost coal production to address a power crunch. The concentration of Continue Reading
Coal has come back into energy markets in a big way this year, serving as a vital energy source as natural gas prices soared to incredible heights The coal price Continue Reading
China’s Sinopec Corp plans to increase natural gas supplies from its domestic fields to 13.24 billion cubic metres (bcm) this winter, up 3% from a year earlier, it said on Continue Reading
China’s top economic planner said on Tuesday it was studying a mechanism to stabilise coal prices over the long run, in its latest move to cool the red-hot market. The Continue Reading
A Chinese developer of real estate projects that use green technologies has become the latest builder to miss debt payments, just as defaults from the nation’s borrowers on offshore bonds Continue Reading
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
U.S. President Joe Biden’s global energy security adviser said on Monday that Russian President Vladimir Putin is getting close to using natural gas as a political tool if Russia is Continue Reading
Saudi Arabia said it would use one of the world’s biggest natural-gas projects to make blue hydrogen, as the kingdom steps up efforts to export a fuel seen as crucial Continue Reading
The power crisis in China is driving aluminum alloy prices higher as supplies come under threat. China is limiting supplies of key components used across a range of industries. While Continue Reading
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contractual obligations in its latest bid to tame prices that Continue Reading
Production costs at Chinese steel mill have increased, especially at electric arc furnaces, because of recent power rationing and government demands for energy consumption cuts, the country’s steel association said Continue Reading
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
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
Gazprom’s (GAZP.MM) natural gas exports to Europe and Turkey could reach 183 billion cubic meters by the end of the year, the head of the Russian gas giant’s export branch Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . German business confidence took another hit in October as global supply logjams Continue Reading
Saudi Arabia’s crown prince said on Saturday that the world’s top oil exporter aims to reach zero-net emissions by 2060 and will more than double its annual target to reduce Continue Reading
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
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
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
The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean freight — is poised to worsen. There’s now a record Continue Reading
Russia could immediately increase natural gas deliveries to Europe as soon as German authorities approve the Nord Stream 2 pipeline, the Financial Times reports , citing President Vladimir Putin as Continue Reading
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 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’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
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’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’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 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
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
With Russia enduring its worst wave of the coronavirus pandemic, setting grim records in daily cases and deaths, Moscow announced a lockdown Thursday — a move the Kremlin had previously Continue Reading
Russia can start supplies of natural gas to Europe via the Nord Stream 2 pipeline as soon as it gets the green light from Germany, President Vladimir Putin said on Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . Euro-area businesses are reporting a sharp slowdown in activity caused by an Continue Reading
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
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 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 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’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
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
President Vladimir Putin on Wednesday ordered most Russians to stay off work for a week later this month amid rising COVID-19 infections and deaths, and he strongly urged reluctant citizens Continue Reading
The European gas crisis can yet bite Russia, President Vladimir Putin said on Wednesday, should soaring prices feed into inflation, further boosting the cost of essentials such as food, or Continue Reading
Russian President Vladimir Putin ordered people to stay off work for at least a week while Latvia has introduced a monthlong Covid-19 lockdown as deaths climb, driving renewed fears of another wave Continue Reading
Britain’s energy market faces an absolute massacre that could claim another 20 suppliers unless the government urgently reviews the energy price cap, Scottish Power Chief Executive Keith Anderson told the Continue Reading
EU leaders on Thursday will debate their response to soaring energy prices, which have exposed familiar rifts over the bloc’s climate change goals and divided countries on whether the price Continue Reading
After 19 months spent attempting to ward off Covid-19 while safeguarding jobs and businesses, the U.K. is heading into winter with a growing problem: The coronavirus is spreading rapidly, just Continue Reading
A customer shops for groceries at a Miami supermarket as rising consumer prices make many think of … [+] The growing energy crisis is causing rising prices for groceries, cars, Continue Reading
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
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
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
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
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
