While almost all other auto manufacturers, especially those from Japan, are mulling exits from China (where domestic brands are starting to dominate the EV market), Stellantis is doing the opposite and investing in an EV startup. The U.S. based auto manufacturer who makes Jeep and Dodge brands said it would …
Read More »China Continues String of Discoveries with Giant New Gas Field
China’s state-run CNOOC oil and gas giant has announced the discovery of what Chinese media are referring to as a large, deep-reservoir coalbed methane field with proven geological reserves of over 100 billion cubic meters (bcm) of natural gas. A discovery of this magnitude represents CNOOC’s second major onshore gas …
Read More »The Growing Importance of Graphite in The Clean Energy Economy
The substance that constitutes a pencil lead and an important component of electric vehicle batteries is suddenly less available. China, the world’s top producer of graphite, will now require permits for shipments abroad. The country is the world’s top producer and plays a special role by refining 90 percent of …
Read More »Russia to Boost Natural Gas Supply to Hungary and China
Russia’s Gazprom will supply more gas to Hungary and China during the winter, CEO Alexei Miller told Russian media, as cited by Reuters. The update comes on the heels of another report that said Gazprom was working on expanding its gas export infrastructure to China. The Hungary and China updates …
Read More »China Discovers Its First 110-Billion-m³ Deep Coalbed Methane Field
Chinese offshore operator China National Offshore Oil Corp (CNOOC) announced on Monday the discovery of its first deep coalbed methane (CBM) field with proved geological reserves exceeding 110 billion cubic meters in northwest China’s Shaanxi Province, China Media Group (CMG) reported. The discovery of the Shenfu deep CBM field, located …
Read More »China’s Largest Onshore Gas Condensate Field Brought on Stream by PetroChina
China’s upstream giant PetroChina has brought on stream the country’s largest onshore gas condensate field, Bozidabei, in northwestern China’s Tarim basin. The production start-up marks a major milestone in China’s pursuit of energy security. Covering 13,000 square kilometres in the southern part of Xinjiang, the field includes a gas processing …
Read More »China Tells Gas Suppliers to Fill Storage Tanks ahead of Winter
China’s regulator has asked its biggest state-owned natural gas suppliers to fill up storage facilities heading into the peak winter heating season, underscoring risks from rising geopolitical tensions to the nation’s energy security. The National Energy Administration said China’s demand for gas is increasing and, while the domestic market is …
Read More »IAEA Team Joined by China Takes Samples after Fukushima Water Release
The International Atomic Energy Agency and experts from China, South Korea and Canada on Monday collected seawater samples near the crippled Fukushima nuclear complex in northeastern Japan following the release of treated radioactive water from the site, the Japanese government said. The team is visiting Japan through Oct. 23 to …
Read More »Renewable Energy’s Role in Global Bitcoin Mining
Bitcoin miners use an estimated 348 terawatt hours of electricity per year, and with the world increasingly moving to renewables, some are asking the question: just where does Bitcoin get its electricity? To answer that question, Visual Capitalist’s Chris Deckert partnered with HIVE Digital to visualize data from the Cambridge …
Read More »China’s EV Revolution Paves Way for India’s Oil Dominance
There is widespread speculation that India could soon overtake China in terms of its oil demand to become the biggest consumer in the world. As China’s investment in renewable energy, metals and minerals and electric transportation begins to pay off, the Asian giant may soon no longer be the biggest …
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