Tag Archives: China

China looks to accelerate solar thermal power development in a new policy roadmap unveiled on Tuesday, with plans to have as much as 15 gigawatts (GW) of such installed capacity by 2030. Costs for the solar thermal power, which differs from solar photovoltaic (PV) as it is used to heat …

Prices for liquefied natural gas in China have fallen to the lowest in five years as demand failed to live up to expectations despite winter being peak season, driven by heating demand. Citing data from a Chinese commodities pricing outlet, Bloomberg reported the wholesale price per million British thermal units …

Russian liquefied natural gas exports to China broke a record set earlier this year, overtaking Australian shipments in November, according to customs data cited by Bloomberg. The data showed that Russian LNG flows to China in November rose more than twofold from a year earlier to reach 1.6 million tons, …

China’s exports of refined petroleum products last month booked a 2.2% decline on the year to 5.12 million tons, which was an increase on October, by 13.3%. Exports of refined petroleum products over the first 11 months of the year were also lower on an annual basis, by 3.2%. The …

Chinese refiners processed 39% more crude oil last month, with the total at 60.83 million tons, or 14.86 million barrels daily, official data cited by Reuters showed. The November daily average was a slight dip from October, when the average refinery throughput stood at 14.94 million barrels, but this was …

Coal- and gas-fired power generation in China is on course for an annual decline for the first time since 2015, unless demand surges this month. Over the first 11 months of the year, electricity generated from coal and gas plants ticked down by a modest 0.7%, Bloomberg reported today, citing …

China plans to launch commercial operations at the world’s first small modular reactor (SMR) to generate nuclear energy as early as in the first half of 2026, according to the president of the China Institute of Nuclear Industry Strategy. The Linglong One reactor was the first SMR to be approved …

The construction of the second Power of Siberia gas pipeline from Russia to Northern China could take up to 10 years because it involves “tremendous work, jobs and negotiations,” the president of the research division of China’s state energy giant CNPC said this week. Lu Ruquan, president of the CNPC …

China has just welcomed the first shipment from a Russian LNG export project on the Baltic Sea sanctioned by the U.S. on a U.S.-blacklisted vessel, as Russia and China continue to flaunt Western sanctions on their LNG trade. The LNG tanker Valera, sanctioned by the United States, docked at the …

China imported 12.38 million barrels of crude oil daily last month, which was a 4.88% increase on the year and the highest import rate since August 2023, Reuters reported, citing government data. The November import figure also represented a 5.24% increase on October oil imports, the data showed, driving the …