Tag Archives: China

China’s crude oil imports in July fell 18.8 per cent from the previous month to the lowest daily rate since January, customs data showed on Tuesday, as major exporters cut back overseas shipments and domestic stocks continued to build. Crude shipments into the world’s biggest oil importer in July totalled …

Oil prices were little changed on Tuesday after China reported a sharp monthly drop in imports in July, which reinforced demand fears, though that was offset by supply concerns from Saudi Arabian and Russian output cuts. Oil imports to China, the world’s largest oil importer and second-largest consumer, in July …

Last year, China emerged as the world’s clean energy champ, with the country accounting for $546 billion, or nearly half, of the $1.1 trillion that flowed into the sector as countries everywhere rushed to beef up their energy security. But those mammoth investments will do little to change China’s tag …

India may be the world’s second-largest steel producer, yet it continues to grapple with reliance on steel imports. In the last few months, China has emerged as a major steel exporter to India, leading to protests from India’s domestic sector. Indeed, India’s June 2023 steel imports rose by 5.9% month-on-month …

For years, climate experts have been begging the world’s biggest economies to wean themselves off of fossil fuels. Instead, coal use is at an all time high, hitting a brand new record of 8.3 billion metric tons in 2022, up 3.3% from the prior year, according to figures from the …

China’s overseas energy engagement in Belt and Road Initiative (BRI) countries in the first half of 2023 was the “greenest” in terms of project type since its start, according to new research published on Tuesday. According the report from the Green Finance and Development Centre (GFDC) at Fudan University in …

China has seen robust growth in the installed capacity of renewable energy in the first half of 2023 amid the country’s strenuous efforts to push green transition, with its total capacity reaching about 2.71 billion kilowatts (kw), according to the latest report by National Energy Administration (NEA). The country’s installed …

China Three Gorges Corporation announced that the 16-megawatt MySE 16-260 turbine had been successfully installed at the company’s offshore wind farm near Fujian Province on July 19. The behemoth is 152 meters (500 feet) tall, and each single blade is 123 meters (403 feet) and weighs 54 tons. This means …

Kazakhstan and China are looking to boost joint scientific research. Kazakhstan’s science and higher education minister, Sayasat Nurbek, met with top officials of the China-based Center for Technology Transfer of the SCO Member States (SCO CTTC), the ministry’s press service reported July 24. The parties discussed potential partnerships “in the …

China is investing record amounts of money into renewable energy sources, but it continues to rely heavily on coal to cope with rising power demand. During the first half of this year, coal production, coal imports, and coal-fired electricity generation jumped and offset a significant decline in power output at …