Tag Archives: China

Global coal-fired power generation reached a record-high level in 2023, per data from environmental think tank Ember reported by Reuters columnist Gavin Maguire. As countries, especially in Asia, looked to meet growing electricity demand and ensure their energy security, coal use in power generation hit record highs. Per Ember data, …

China faced a complex economic landscape as its economy expanded by 5.2% in 2023, while the population saw a decline of 2 million. These contrasting figures underscored the ongoing challenges posed by a slowing property market and demographic pressures on the world’s second-largest economy. Official data released on Wednesday revealed …

China’s oil refinery throughput in 2023 rose 9.3 per cent from a year earlier to a record, reversing a rare decline in 2022, as new plants in the world’s second-largest crude consumer bolstered production to meet a post-pandemic recovery in fuel demand. Refiners processed 734.8 million metric tons of crude …

There are two key reasons why China, Russia, and the U.S. have long been scrambling to secure control over Iraq’s gas sector, and these are its massive potential size and its huge geopolitical importance. Last week’s awarding of the major build-own-operate-transfer contract to a subsidiary of Chinese flagship gas firm …

The Russian energy giant Gazprom announced on Saturday that it set a new record for daily gas deliveries to China on Jan. 12. “The supply via the Power of Siberia gas pipeline has again exceeded the company’s daily contractual obligations,” the company said in a statement, without specifying how many …

China imported a record-high volume of crude oil last year, beating the previous annual record from 2020, as fuel demand rebounded after the Covid restrictions were abandoned in early 2023. Chinese crude oil imports jumped by 11% year-on-year to 11.28 million barrels per day (bpd) in 2023, according to data …

The easing of the COVID-related sanitary regime at Chinese customs crossings enabled Kazakhstan to quadruple the amount of agricultural goods it exported to the country in 2023 as compared to a year earlier. The 2.2 million tons, which comprised wheat, barley, soybeans, flax and sunflower seeds, that was sent to …

China Petroleum & Chemical Corporation, or Sinopec, has found oil and gas at a shale exploration well in the Sichuan province in the southwest, estimating that the initial flows could lead to the discovery of around 100 million metric tons of hydrocarbons. The Xingye-9 exploration well in the Chongqing municipality …

The government of China has formed a new national industrial consortium focused on the development and advancement of nuclear fusion technology, news outlets have reported. The consortium China Fusion Energy Inc. is being led by the China National Nuclear Corporation (CNNC), which has been conducting research and development, construction, production, …

The Qinshan Nuclear Power Plant, China’s first indigenous nuclear power plant set a record high in 2023 of 96.8 percent in its unit capability factor (UCF), based on statistics provided by the World Association of Nuclear Operators, known as WANO. The power plant is located in Haiyan County, east China’s …