Tag Archives: China

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 …

Private Chinese refiners, who buy most of Iran’s crude, have recently scoured West Africa and the Middle East for supply unsold in previous trade cycles, as flows of Iranian crude have dropped amid higher prices and preparation for the incoming Trump Administration. China’s independent refiners, the so-called teapots, are key …

Russia is eyeing yet another pipeline to China, this time via Kazakhstan, capable of delivering up to 35 bcm of natural gas annually. Announced by Deputy Prime Minister Alexander Novak, the plan comes as Moscow pivots hard toward Beijing, already shipping 40 bcm of gas to the Asian giant this …

China has been the focus of oil traders’ attention for years thanks to its seemingly insatiable demand for the fuel. Now, the country is about to cast itself as the star of the natural gas show as well. Last year, China’s natural gas consumption hit 394.5 billion cu m—a 7% …

Weak demand in China will lead to lower supply from the world’s top crude exporter, Saudi Arabia, to the world’s largest crude importer in December, trading sources told Reuters on Monday. The drop in Saudi supply would come despite the fact that the Kingdom has reduced its official selling prices …

Indonesia and China have signed strategic cooperation agreements in critical minerals in total bilateral deals worth $10 billion encompassing green technology, food security, and mineral resources. The agreements were signed this weekend at the Indonesia-China Business Forum in Beijing, which was the first overseas visit of newly inaugurated Indonesian President …