As many developed and even emerging nations aggressively pursue renewable energy targets with a focus on winding down the extraction of fossil fuels, strife-torn Colombia reaffirms that fossil fuel production is crucial to its economic […]
Energy News Beat Publishers Note: Excellent contrasting report from Irina Slav at Oilprice.com from other reports showing that China will be increasing coal production plants for the next foreseeable future. In the other sources, China’s […]
Australia: India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters. India is examining […]
China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. […]
China’s worst sandstorm in a decade is threatening its renewable energy output, which will likely boost coal consumption even as the traditional April-May lull for heating demand approaches. At least 12 provinces in north China have been […]
A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be a new supercycle — an extended period during which demand drives prices well above their long-run trend. […]
One of the fastest-growing corners of China’s energy market is facing a potentially devastating blow as Xi Jinping’s government increases scrutiny of high-emission fuels. Chinese regulators are considering a new tax on imports of so-called […]
Over the past decade, no major energy source has grown faster than solar power. According to the 2020 BP Statistical Review of World Energy, installed solar photovoltaic (PV) capacity has grown at an average annual […]
Malaysia’s Petronas and China National Offshore Oil Corporation (CNOOC) will expand their ties in the energy sector through closer collaboration beyond liquefied natural gas (LNG) and upstream projects. The pair signed an MoU yesterday underscoring […]
Oil prices rose on Monday, with Brent reaching $70 a barrel, as data showed China’s economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world’s largest oil importer. Brent […]
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