Tag Archives: China

Global battery markets are going gangbusters as demand for new and better battery technologies explodes, driven by the clean energy transition and the proliferation of data centers and artificial intelligence. Batteries provide a critical backup energy source at a time when energy security is under strain at a global level, …

The surge in Russian crude sales in China and the simultaneous drop in Indian demand for Russia’s oil have prompted Moscow to turn to using a larger fleet of supertankers—vessels capable of carrying 2 million barrels of crude. In recent weeks, several smaller tankers that left Russia’s Western ports transferred …

A jump in China’s crude oil imports from Russia is more than compensating the withdrawal of the Indian refiners from spot Russian purchases, according to tanker-tracking data compiled by Bloomberg. So far in February, deliveries of Russia-origin cargoes at Chinese ports have averaged 2.09 million barrels per day (bpd), up …

China’s oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply is now heavily discounted for Chinese independent refiners. China is set to import 2.07-2.08 million barrels per day (bpd) of …

A tanker carrying liquefied gas is sailing to Europe from China in a rare move that was last made four years ago. The Seapeak Glasgow loaded the liquefied gas at the Zhejiang Ningbo terminal, Bloomberg reported, citing tanker-tracking data, and is signaling Europe as its next destination. European LNG imports …

Trading volume and open interest on China’s metals exchanges soared to record highs in January, fueled by retail investors flocking to what they believe are the next market winners—precious and industrial metals. So many bullish positions were open at the start of the year that the first negative signals sent …

Tankers carrying a total of up to 12 million barrels of crude oil are either en route or close to China in East Asian waters, waiting for buyers in the world’s top crude importer, as India is pulling back. Five of these tankers signal ‘for orders’ or ‘China for orders’ …

The recovery in China’s imports of liquefied natural gas is expected to extend for another month in January, Kpler has reported, for a total of three consecutive months of higher LNG imports year-on-year. The analytics provider estimates that China will import 6.94 million tons of LNG this month, as quoted …

China has been investing billions in nuclear fusion research. A potential game-changer for global energy, fusion has been slow to live up to promises, but now, Chinese scientists have reported yet another breakthrough in the process: a state of matter that was previously only theorized. Reported in Science Advances, the …

China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed. One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG. The …