Trafigura warns that misconduct in Mongolia could cost $1.1 billion
After an internal review, global commodity trader Trafigura said it expects to set aside $1.1 billion as a provision for misconduct by individuals within its Mongolian petroleum product supply business.
Putin visits Mongolia to establish key link in gas pipeline planned for China
The Kremlin announced on Monday that Russian president Vladimir Putin was in Mongolia for a visit of state. Mongolia is on the planned route of a new gas pipeline between Russia and China.
China increases coal mining to provide winter power: Kemp
China's coal production has reached record levels, and its imports have also risen. However, the surge in power generated by solar farms and hydro dams has reduced thermal generation.
China increases coal mining to provide winter power: Kemp
China's coal production has reached record levels, and its imports have also risen. However, the surge in power generated by solar farms and hydro dams has reduced thermal generation.
China releases guidelines on green energy trading
A notice posted on the website of China's state planner said that China had issued guidelines on medium- and long term green power trading. The notice called for a market based approach.
China releases guidelines on green energy trading
A notice posted on the website of China's state planner said that China had issued guidelines on medium- and long term green power trading. The notice called for a market based approach.
China Starts Construction of Southern Part of China-Russia East Gas Pipeline
Construction has started on the southern portion of the China-Russia East natural gas pipeline, which carries supplies from the Power of Siberia system in Russia, China Oil & Gas…
Mongolia Suspends Coal Exports to China
Mongolia will suspend deliveries of coal across its southern border into China until March 2 to prevent the spread of the coronavirus, the country's National Emergency Commission…
PetroChina Sets Changqing Production Goals
China's top oil and gas producer, PetroChina, aims to produce 25 million tonnes of crude oil per annum and 42 billion cubic meters (bcm) of natural gas at its Changqing field by 2020, the Gansu provincial government back
China Aims to Boost Natural Gas Production
Following several years of natural gas consumption outpacing local production growth, China is introducing incentives to spur several forms of domestic production in hopes of reducing…
Top Turbine Makers to Spend $2.6bln on R&D
Research and development (R&D) expenses among the world's top ten wind turbine manufacturers are expected to exceed $2.6 billion by 2023.The R&D expenses more than doubled in the last four years…
Natural Gas Consumption Up 10% in China
According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%, said a report.The…
China OKs 6.7GW Offshore Wind
The Chinese province of Jiangsu has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW).The country's state press agency Xinhua reported citing…
China's Commodity Imports Remain Robust: Russell
It's safe to dismiss any impression that China's imports of major commodities such as crude oil and iron ore were weak in February, despite the numbers suggesting as much. The timing…
China's Australian Coal Imports Slip on Port Congestion
Shipments from Australia slipped, imports from Russia surged. Chinese imports of coal from key supplier Australia slipped in November from a year ago, customs data showed, hit by…
Guangzhou Halts Foreign Coal Imports
Port handles 60 mln tonnes/year of foreign and domestic seaborne coal. Guangzhou port, the largest coal transport hub in southern China, has halted foreign coal imports, according…
China Shenhua's H1 Profit Highest in 4 Years
BEIJING, Aug 25 (Reuters) - China's top coal miner China Shenhua Energy Co Ltd on Friday delivered its strongest interim results in four years on the back of soaring coal prices.
Mongolia Coal Export Earnings Surge after N.Korea Ban
Mongolia's coal export earnings surged nearly fivefold in the first five months of the year, according to official data, with the country taking advantage of sanctions on North Korea to boost deliveries to China…
Coal Exporters Watch as China, India Mull Policy Change
Coal exporters may be feeling more comfortable about their future as they see both reasonable demand from Asia's top importers and prices which appear to be stabilising at levels that allow for decent profits.
China's Utilities Ready for Coal Buying Spree
China's utilities are readying for a months-long buying spree to shore up thermal coal reserves ahead of the hotter summer months, sources say, in a strategy aimed at averting a…
