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China
LNG
China Signs Another Deal to Buy US LNG
US-based Next Decade will supply China’s ENN with 1.5 million tonnes per year (mtpy) of liquefied natural gas (LNG) for 20 years starting as early as 2026 from…
Crude Oil
West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…
Oil Shale
China's Major Shale Gas Field Records Output Growth in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality produced over 1.8 billion cubic meters of natural gas in the first quarter of 2022, up 1.…
LNG
China's Guangzhou Development, Mexico Pacific Sign 2 Mil MT/Year LNG Deal
China's Guangzhou Development Group, a Guangdong provincial government-owned power and natural gas supplier, agreed March 31 to buy 2 million mt/year of LNG fro…
Carbon Emissions
China’s Central Bank Leads in Green Finance Policies Globally: Report
The People’s Bank of China is outperforming other central banks across the globe in greening their financial system, the Institute for Energy Economics and Fin…
Hydropower Plant
China-Built Hydropower Station Begins Electricity Generation in Nigeria
The first unit of Zungeru Hydroelectric Power Station, the largest hydropower station in Nigeria built by Chinese enterprises, has officially generated electric…
China
Chinese Geothermal Company Issues First Green Bond in Geothermal Sector
China-based geothermal heating giant Sinopec Green Energy Geothermal Development Co, Ltd have successfully issued a “Carbon Neutrality” green bond in Shanghai…
China
Four Hydrogen-Ready Power Plants for China’s Greater Bay Area
Siemens Energy has signed agreements with Guangdong Energy Group and Shenzhen Energy Group to deliver a total of four H-class combined cycle power units.
China
Global Wind and Solar Growth on Track to Meet Climate Targets
Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030.
Hydrogen Production
China's First Hydrogen Plan Focused on Lowering Costs, Building Capabilities
China has recognized hydrogen as "a crucial element of the nation's future energy system" in its first-ever national hydrogen development plan launched in March…
Crude Oil
China's Sinopec Plans Its Biggest Capital Expenditure in History
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a de…
Oil Price
Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales
China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.
China
China and Nepal Study Feasibility of Cross-Border Power Grid
China and Nepal will conduct a feasibility study to construct a high-voltage power transmission line across the Himalayas to facilitate the exchange of electric…
China
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
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