Giants CNPC, Sinopec, and seven other state-owned Chinese oil companies are set to collaborate under a new state body tasked with increasing oil and gas production in China. This move follows a directive from the […]
High rainfall, increased hydropower, and preparation for the hot summer months are all contributing to very full coal terminals up and down the Chinese coastline. “Port storage is bursting at the seams, and it appears […]
China National Offshore Oil Company (CNOOC) has launched what it says is China’s largest LNG storage base at its Binhai LNG import terminal in Jiangsu. According to a statement by CNOOC Gas & Power, six […]
Daily Standup Top Stories China Surpasses Europe in Per Capita Energy Consumption June 30, 2024 Stu Turley China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure development. […]
This election year, several critical issues dominate voter concerns. Illegal immigration across unsecured borders by migrants, criminals, sex traffickers, and terrorists. Anti-police policies, reduced prosecution of criminals and rising crime. Unprecedented prices for food, clothing, […]
China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure development. China has made significant investments in renewable energy but remains the world’s largest emitter of greenhouse […]
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. By Wolf Richter for WOLF STREET. The US dollar is still by far the most dominant global reserve […]
High rainfall, increased hydropower, and preparation for the hot summer months are all contributing to very full coal terminals up and down the Chinese coastline. “Port storage is bursting at the seams, and it […]
Global energy consumption and emissions climbed to record highs in 2023. Renewable energy generation grew rapidly, but fossil fuels still account for most energy use. Coal production and consumption were the highest ever, oil consumption […]
It is widely accepted that humans have been heating up the planet for over a century by burning coal, oil and gas. Earth has already warmed by almost 1.2 degrees Celsius (2.2 degrees Fahrenheit) since […]
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