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HomeChina

China

China doubles new renewable capacity in 2020, but continues to builds thermal plants - Energy News Beat
Coal

China doubles new renewable capacity in 2020, but continues to builds thermal plants

January 23, 2021 Stu Turley

Energy News Beat Publishers Note: So as we re-join the Pairs Climate Accord, will anyone take that note that China is not on track to keep their Net Zero obligations. It is not the US […]

Commodities

Overnight Oil Report 1/22/2021: Prices slump amid COVID ramp-up

January 22, 2021 Mariel Alumit

ENB Publishers: Markets reminded that CIVD exists (who knew?) driving prices down below $52 Singapore — 0243 GMT: Crude oil futures fell during the mid-morning trade in Asia Jan. 22, as pandemic concerns heightened amid a […]

China Imports Oil Doctored to Skirt U.S. Sanctions on Venezuela - Energy News Beat
Crude Oil News

China Imports Oil Doctored to Skirt U.S. Sanctions on Venezuela – “Spoofing and Doping” have a new meaning

January 21, 2021 Stu Turley

It may be the oil market’s worst-kept secret: millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China. The cat-and-mouse games that avoid detection and sanctions include ship-to-ship transfers, […]

China Snubs Washington With Big Oil Deals In South Iraq
Crude Oil News

China Snubs Washington With Big Oil Deals In South Iraq

January 21, 2021 Stu Turley

There are three major troubling factors for new U.S. President Joe Biden. In the recently agreed US$2 billion five–year prepayment oil supply deal between the Federal Government of Iraq (FGI) in Baghdad and China’s Zhenhua […]

China Is Struggling To Keep Up With Electricity Demand - Energy News Beat
Electrical Generation / Utilities

China Is Struggling To Keep Up With Electricity Demand

January 21, 2021 Stu Turley

The cold spell that left Asian countries scrambling to buy enough natural gas for heating and electricity generation earlier this month made headlines and spurred a massive rally in spot gas prices on the regional […]

China Blows Past Clean Energy Record With Wind Capacity Jump - Photo by Qilai Shen - Bloomberg
Electrical Generation / Utilities

China Blows Past Clean Energy Record With Wind Capacity Jump

January 20, 2021 Stu Turley

China blew past its previous record for renewable energy installations last year with a massive — and surprising — addition of wind power. The National Energy Administration said in a press release on Wednesday that China added […]

China is a critical electric-car market for Germanys VW - energynewsbeat
Electric Vehicles

VW Goes Head-to-Head With Tesla in China With New Electric SUV – After subsidy in China?

January 19, 2021 Stu Turley

Energy News Beat Publishers Note: Will China change and have subsidies on the VW electric cars? Volkswagen AG has set the starting price of its first locally built all-electric sports-utility vehicle with its Chinese partner FAW Group […]

Chinas 2020 coal output rises to highest since 2015 undermining climate pledges - Energy News Beat
Coal

China’s 2020 coal output rises to highest since 2015, undermining climate pledges

January 18, 2021 Stu Turley

EIJING, Jan 18 – China’s coal output rose last year to its highest since 2015, despite Beijing’s climate change pledge to reduce consumption of the dirty fossil fuel and months of disruption at major coal […]

Crude Oil News

Energy News Beat 1/15/2021

January 15, 2021 Mariel Alumit

Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]

China importing oil - Energy News Beat
Crude Oil News

China’s 2020 crude oil imports hit record on stockpiling, new refineries

January 15, 2021 Stu Turley

China’s total crude oil imports surged 7.3% in 2020 despite the coronavirus shock earlier in the year, with record arrivals in the second and third quarters as refineries expanded operations and low prices encouraged stockpiling, data showed […]

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