Tag Archives: China

Two months ago, we reported that Baiju Bhatt, one of the co-founders of the investing app Robinhood, debuted space solar power company Aetherflux. The startup plans to build a constellation of Low-Earth Orbit (LEO) satellites that will use infrared lasers to transmit power to small ground stations on Earth. The …

This year’s plunge in lithium prices has forced curtailments in production in China and Western Australia as lithium miners look to limit losses and reduce the oversupply hanging over the market and prices. However, the lithium glut has not gone away and the market could remain oversupplied until 2027, analysts …

Oil prices rose on Wednesday, with market participants expecting demand to rise in the world’s largest crude importer, after Beijing announced a looser monetary policy to stimulate economic growth in China. Brent crude futures gained 36 cents, or 0.5%, to $72.55 a barrel by 0430 GMT, while U.S. West Texas …

China’s retaliatory export curbs might take a toll on the growing U.S. clean energy sector and its defense industry, analysts opined as trade tensions escalate between the world’s two biggest economies. Beijing announced this week it would ban exports of gallium, germanium and antimony to the United States, targeting materials …

Shell PLC has committed to buy three million tons per annum (MMtpa) of liquefied natural gas (LNG) from QatarEnergy for the British energy giant’s activities in China. Delivery under the long-term deal will start January 2025, QatarEnergy said in an online statement, not specifying the duration of the agreement. “This …

China is about to wrap another record-breaking year for solar capacity additions, Bloomberg has reported, with new installations set to reach between 230 and 260 GW. The data comes from the China Photovoltaic Industry Association, with the growth sizable in spite of the industry’s recent struggles with profitability and excess …

The China-Russia east-route natural gas pipeline, the pipeline with the largest single-line gas transmission capacity in China, has been fully connected, the pipeline’s operator announced Monday. The pipeline has also achieved full capacity operation with an annual transmission volume of 38 billion cubic meters, according to China Oil & Gas …

Gazprom’s natural gas flows via the Power of Siberia pipeline to China have reached full capacity of 38 billion cubic meters annually, the Russian gas giant said on Monday. Gazprom started sending gas to China via the Power of Siberia pipeline at the end of 2019, and flows have now …

Chinese scientists have uncovered a “supergiant” deposit of high-quality gold ore hidden near some of the country’s existing gold mines. The vast reserve, which could be the largest single reservoir of the valuable metal left anywhere on Earth, could end up being the largest known deposit of the precious metal …

Russian gas giant Gazprom is cutting its planned investments for next year by 7% compared to 2024 levels as more natural gas flows out of Russia are now headed to China instead of Europe. Gazprom’s investment is now geared toward developing gas fields and processing facilities in eastern Russia and …