China

Electric Car

Japan Start-Up to Offer Fleet Service Using China's Geely EVs

A Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles from China's Geely Auto Group.

Net Zero Emission

Global Green Finance Increased 100x in Last Decade

Green finance worldwide has grown by more than 100 times in the last decade.

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…