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Energy

China Could Surpass Europe in LNG Demand, IEA Chief

China Could Surpass Europe in LNG Demand, IEA Chief

Increasing demand for liquefied natural gas (LNG) from China could pose challenges for European Union LNG buyers before the next winter, Upstream Online reported based on the International Energy Agency Executive Director Fatih Birol. Speaking to the European Parliament Committee on Industry, Research, and Energy on Thursday, Birol noted that

US Officials Warn Against China's Control of Clean Energy Supply Chain

US Officials Warn Against China's Control of Clean Energy Supply Chain

Officials from Biden’s administration cautioned leaders of the American clean energy transition to speed up their decarbonization efforts and avoid allowing China to dominate the supply chain, Reuters reported on Thursday, March 9. "It's just clear, to say it directly, that China has too much of

China Energy to Construct $5.1bn Hydrogen Plant in Egypt

China Energy to Construct $5.1bn Hydrogen Plant in Egypt

China Energy is set to commence the construction of Egypt's $5.1 billion hydrogen project in May next year, Egyptian prime minister Mostafa Madbouly announced on Thursday. China Energy chairman Song Hailiang also attended the meeting of the Egyptian Cabinet. The decision comes after China Energy and Egypt

Russia Turns to China, India for Energy Trade

Russia Turns to China, India for Energy Trade

Russia's new energy policy will not depend on partners in the West for its energy trade anymore, instead, it will focus on more dependable partners such as China and India, Russian Foreign Minister Sergey Lavrov said. On Friday, while attending the foreign ministers' G20 meeting in Delhi,

China Way Ahead in New Coal Plant Construction, New Report

China Way Ahead in New Coal Plant Construction, New Report

China has allowed the construction of more coal power plants in 2022 than any other time in the last seven years, reaching roughly two new coal power plants every week, a recent report revealed. The Global Energy Monitor and the Centre for Research on Energy and Clean Air report showed

Early Signs of China's Renewed Demand for Australian Coal

Early Signs of China's Renewed Demand for Australian Coal

Bulk carriers destined for Chinese ports are now making their way back to one of the largest terminals on the eastern seaboard, signaling a potential easing of Beijing's unofficial two-year ban on Australian fossil fuel exports, the Sydney Morning Herald reported. This follows China's recent decision

Supply Cut Expected after Chinese Lithium Investigation

Supply Cut Expected after Chinese Lithium Investigation

An investigation into illegal mining in China's lithium hub may reduce the global supply of the battery's raw material by 13 percent this month, potentially propping up prices that have plummeted from all-time highs, Reuters reported on Monday, Feb 27. Late on Friday, Yichun, a city