Tag: China

World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025. The Iran War will escalate exploration and production, pipelines, and energy security spending and financing.

Clark Savage104

In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]

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Russia Slashes Oil Exports As Fuel Shortages And Drone Attacks Cut into Production

Clark Savage137

Russia is preparing to sharply reduce its crude oil exports in June, diverting more barrels to the domestic market as refinery disruptions, regional fuel shortages, and persistent Ukrainian drone strikes take a heavy toll on production and logistics. According to preliminary industry and trading data reported by Reuters and cited in OilPrice.com, crude loadings from […]

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China Starts Prefabricated Power Hub for Data Centers, CCTV Says. – There is a right way to do Data Centers Emerging

Clark Savage156

China is moving fast to solve one of the biggest bottlenecks in the global AI race: powering data centers quickly and cheaply. According to state broadcaster CCTV, the country has just launched its first prefabricated computing power hub in the eastern city of Qingdao, Shandong province. This modular power solution promises to slash construction time […]

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Bakken Shale Boom Chasing Second Round with Enhanced Recovery- Energy News Beat Channel Exclusive

Clark Savage155

As the world grapples with the ongoing Strait of Hormuz crisis—triggered by the 2026 Iran conflict and resulting in the near-closure of a chokepoint carrying roughly 20% of global oil trade—energy security has never been more critical. North Dakota is positioning itself for a dramatic encore: a second Bakken boom powered by enhanced oil recovery […]

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Will China Step Up To Protect Its Access To Zambia’s Critical Minerals From The US?

Clark Savage115

ENB Pub Note: Interesting article from Andrew Korybko’s Newsletter on SubStack. China could replace the US’ subsidization of Zambia’s healthcare industry to preempt it from obtaining influence over Zambia’s critical minerals one, but failing to act soon could lead to Zambia capitulating to the US’ demanded quid pro quo, thus threatening China’s access to its […]

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Two VLCC Tankers and Two LNG Tankers Pass Through the Strait of Hormuz en Route to China and India

Clark Savage333

In a significant sign of cautious normalization amid the ongoing U.S.-Israel-Iran conflict, two Very Large Crude Carriers (VLCCs) and at least two LNG tankers have successfully transited the Strait of Hormuz this week, with cargoes bound for key Asian buyers in China and India. The vessels operated in “dark mode” — transponders switched off to […]

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