Tag Archives: China

The southwestern Chinese province of Sichuan is baking in the worst heatwave in six decades, with hydropower generation from the Yangtze River falling and factories closing to ease the pressure on the grids. The heatwave is reducing water levels on the Yangtze River to the lowest on record for this …

The signing last week of a multi-pronged memorandum of understanding (MoU) between the Saudi Arabian Oil Company – formerly the Arabian American Oil Company – (Aramco) and the China Petroleum & Chemical Corporation (Sinopec) is a critical step in China’s ongoing strategy to secure Saudi Arabia as a client state. …

China has the second largest number of nuclear power units in operation or under construction in the world, Tang Bo, an official with the National Nuclear Safety Administration, said on Tuesday. Speaking at the opening ceremony of the 29th International Conference on Nuclear Engineering (ICONE), Tang said that, as of …

China’s natural gas output has exceeded 100 billion cubic meters per year during the past consecutive five years, thepaper.cn learned from Chinese energy giant China National Petroleum Corporation (CNPC) on Sunday. The rising output is a result of multiple factors such as technology progress and China’s accelerated efforts to develop …

Russia is boosting natural gas shipments to China as it curbs flows to Europe, a dynamic that may offer some respite from the unprecedented rally in energy costs, according to consultant Accenture Plc. Gas prices in Europe soared after Russia slashed supplies to its biggest market following the invasion of …

Russia surpassed Saudi Arabia as the largest crude oil supplier to China over the past two months as Western sanctions due to Moscow’s war with Ukraine dragged down prices of its petroleum exports, boosting their appeal among Asian buyers. Last month, China imported 7.3 million tons of crude oil from …

China’s finance and investment spending in Belt and Road countries fell slightly in the first half compared to a year earlier, with no new coal projects and investments in Russia, Egypt and Sri Lanka falling to zero, new research showed. Saudi Arabia was the biggest recipient of Chinese investments over …

Chinese provincial-level governments approved the construction of coal-fired power plants with a total capacity of 8.63 gigawatts in the first quarter of 2022, nearly half the amount seen in all of 2021, research from Greenpeace East Asia’s Beijing office shows on Wednesday. While it is unclear whether such data is …

Two solar power projects were reportedly given to Chinese corporations by Iraq. This is in accordance with a contract deal between Iraq and China that was reached in 2019 led by former Iraqi Prime Minister Adel Abdul Mahdi. Both solar installations are in the Al-Muthanna Governorate, which borders Saudi Arabia …

China became the world’s largest importer of liquefied natural gas last year. But in a completely different energy market this year, China will likely cede the title to Japan, as Chinese imports of LNG are set for the largest-ever annual plunge since China started importing the super-chilled fuel in 2006. …