Russia became China’s top oil supplier in April for the 12th month, with volumes rising 30 per cent from a year earlier, official data showed, as refiners continued to cash in discounted shipments, while supplies from Saudi Arabia fell a quarter on higher prices. China’s crude oil imports from Russia, …
Read More »Europe Needs to Address Intermittent Renewables Generation
While solar and wind power installations and power generation are booming in Europe, policymakers need to address the growing gap between baseload capacity and soaring intermittent renewable electricity. Europe still has a lot of work to do in providing flexible and reliable grids to handle the soaring share of renewables …
Read More »Russia Loses Ground to China in Central Asian Trade
Trade data for 2024 is showing that Kyrgyzstan has an unhealthy dependency on China, even considering a wide discrepancy in figures released by Chinese and Kyrgyz official agencies. Bilateral trade turnover during the first quarter of 2024 totaled $4.815 billion, according to figures compiled by China’s General Customs Administration. The …
Read More »New Tech could Make Solar Panels more Efficient
University of Ottawa researchers have now devised a smart approach to optimize solar energy effectiveness. Their innovative method includes incorporating artificial ground reflectors, a simple yet powerful enhancement. The study “Artificial Ground Reflector Size and Position Effects on Energy Yield and Economics of Single Axis Tracked Bifacial Photovoltaics” was published …
Read More »LNG Market Faces Disruption as Red Sea Closure Forces Risky Detours
The last LNG carrier that passed the Bab el Mandeb strait off the Yemeni coast did so in February. Since that month, there has been no LNG traffic via the once major energy chokepoint as vessels diverted around Africa—or changed destinations entirely. When the Houthi attacks on ships traversing the …
Read More »China’s Coal Country to Boost Output
China’s biggest coal-producing province is set to boost output in June in a bid to prop up the provincial economy after a drop in coal production earlier this year. Production in Shanxi declined substantially in the first quarter, due to closer oversight on safety practices after a series of fatal …
Read More »EU Courts Kazakhstan and Uzbekistan for Critical Raw Materials
Ramped-up offshore exploration for rare earth metals and minerals, vital components in sought-after products like hybrid vehicles and smartphone screens, continues to cut into China’s long-held position as the primary global supplier. Countries like Australia, the United States, Myanmar, and even nations like Malaysia, Vietnam, Uzbekistan, and Kazakhstan continue to …
Read More »Qatar Believes the World will Need more LNG Projects after 2030
Natural gas in energy supply is not going anywhere and its demand will only rise with growth in economies and global population, which will require additional LNG projects to come online after 2030, the energy minister of one of the biggest LNG exporters, Qatar, said on Wednesday. “Everybody’s trying to …
Read More »Japan Looks to Strike a Balance between Energy Security and Net Zero
Resource-poor Japan is launching the most important energy policy discussions in its post-World War Two history, aiming to strike a balance between the need to boost its energy security with conventional sources and its pledge to become a net-zero economy by 2050. The industry ministry of one of the world’s …
Read More »Caspian Power Trio Aims to Electrify the European Union
Economic integration efforts among CentralAsian-Caspian Basin states are gaining momentum. Azerbaijan, Kazakhstan and Uzbekistan are developing a green energy plan to link their power grids with an eye towards exporting electricity to the European Union. The energy ministers of the three countries announced the signing of a memorandum of understanding …
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