Tag Archives: China

China’s industry ministry on Friday unveiled a five-year plan aimed at the green development of its industrial sectors, vowing to lower carbon emissions and pollutants and to promote emerging industries so as to meet a carbon peak commitment by 2030. The world’s top greenhouse gas emitter is aiming to bring …

China Petroleum & Chemical (Sinopec) has broken ground on a CNY3bn ($470.77m) photovoltaic (PV) green hydrogen production project in Kuqa, Xinjiang, China. Dubbed as Sinopec Xinjiang Kuqa green hydrogen pilot project, the facility is expected to produce 20,000 tonnes per year of green hydrogen after its completion. Sinopec is targeting …

The high volumes of trade between Russia and China create significant potential for mutual settlements in yuan and rubles, while the security of settlements in dollars is in doubt, the CEO of Russia’s Rosneft Igor Sechin said on Monday. “The achieved volumes of trade between Russia and China create significant …

China’s largest natural gas storage, Hutubi gas storage under China National Petroleum Corporation (CNPC) in Northwest China’s Xinjiang Uygur Autonomous Region, began to supply gas to the West-East Gas Pipeline on Friday, further ensuing the country’s stable gas supply during winter and spring. Entering November, northern Xinjiang was hit by …

The United States is “turning to China for help” to cool inflation by releasing some of its oil reserves, the state-backed Global Times said in an editorial on Wednesday (Nov 24), adding that the move will benefit everyone but China “has the upper hand”.” Washington has asked some of the …

China’s Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cutting costs and production times as well as significantly reducing carbon emissions. Could this be the low-carbon answer to petrochemical production, as the global need for these products keeps increasing …

China’s installed capacity of renewable energy power generation reached 1 billion kilowatts (kWs) by the end of October, accounting for 43.5 percent of the total installation, data from the National Energy Administration (NEA) showed Saturday. The 1 billion-kW threshold doubled the figure at the end of 2015, the NEA said. …

A new agreement involving nations, companies, and cities aims to eliminate fossil fuel vehicles by 2040, bringing the globe one step closer to abandoning gas-powered cars. The Glasgow Declaration on Zero Emission Cars and Vans, which was introduced at this year’s COP26 climate summit, is the first of its kind. …

China and the US have signed a joint declaration on enhancing climate action over the next decade in a bid to achieve the goals set in the 2015 Paris Agreement. The announcement was made at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland which …

China’s pledge to stop building coal power plants abroad could lead to a sharp drop in the number of coal plants being completed in Asia, according to a study released on Wednesday (Nov 10). President Xi Jinping’s announcement in September that China would no longer build coal plants overseas could …