Tag Archives: China Daily Newspaper

China recently unveiled the performance of its wind power industry in 2020, which attracted wide attention. The newly installed capacity of wind power increased by 71.67 million kilowatts last year, hitting a record high. The total generating capacity by wind turbines across the country grew around 15 percent to 466.5 …

China’s investment in oil and gas exploration set a record high of 82.13 billion yuan (about 11.76 billion U.S. dollars) in 2019, up 29 percent year on year, according to the Ministry of Natural Resources. National exploitation of oil and gas saw a total investment of 252.71 billion yuan last …

The most immediate pain is likely to be felt in the US shale industry.

China has been promoting efficient. large-scale use of natural gas in sectors including industrial fuel. gas-fired power and transportation.

This could create setbacks in international efforts to restore the ozone layer to its 1980s level by 2050.

The China-Russian oil pipeline has reduced costs and raised the efficiency of China'.s oil imports from Russia.

Ethanol fuel will also be developed in a measured way in part to consume excess grain stock.

Russia is building the Nord (North) Stream 2 gas pipeline by linking Russia and Germany via the Baltic seabed.

The Yamal LNG project operated by JSC Yamal LNG is a joint-venture with Russia'.s largest independent natural gas producer NOVATEK.

China and India have the fastest growth of liquid natural gas consumption.