Chinese giant CATL expands beyond batteries to power grids and EV platforms
Robin Zeng is the billionaire founder and CEO of CATL. He wants to transform the world's biggest battery manufacturer into a provider of green energy, as well as reduce the costs of developing electric cars, thus…
US LNG Export Dominance Tested as Europe's Demand Wilts
The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling prices and a sharp swing in export volumes to key markets is likely testing exporter…
Chinese Firms Seek LNG Cargoes, Demand is Strong
Two Chinese firms are seeking liquefied natural gas (LNG) cargoes for delivery over August to November as summer demand in the southern region remains strong and as companies prepare to meet winter demand, industry…
China's New Shenzhen Terminal Receives First LNG Cargo
China National Offshore Oil Company (CNOOC) started operating a new import facility in southern China for liquefied natural gas (LNG), state media reported on Wednesday.The terminal in the city of Shenzhen, near Hong Kong, on Wednesday received a 93,000-tonne
First MTU Series 4000 Engine Built in Yulin Unveiled
MTU Yuchai Power, a joint venture set up between Rolls-Royce Power Systems and the Chinese diesel engine manufacturer Guangxi Yuchai Machinery Company, is preparing for the start of series production of MTU Series 4000 engines.
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 to traders who use the port and…
ABB wins $40 mln South China Power Link Deal
ABB has won an order of over $40 million to provide advanced power equipment to the 800 kilovolt (kV) Dianxibei-Guangdong ultra-high-voltage direct current (UHVDC) transmission link. The project, operated by China Southern Power Grid Company Limited…
Coal Rally at Risk as China Imports sag
If you believe that thermal coal's rally this year has been largely on the back of rising Chinese imports, it follows that any sign of moderation in demand in the world's biggest buyer would raise a red flag of caution.
Zentech Inks Deal for Two Z-210 with CSSC
Zentech Incorporated of Houston, Texas, USA signed contracts with CSSC Huangpu Wenchong Shipbuilding Company Limited for the construction of (2) Z-210 Mobile Offshore Units. These contracts were finalized based…
China Crude Tanks Operational from End-August
Vopak storage site in Hainan due for start-up next month. State-owned and private companies will start up about 26 million barrels of new oil tanks in southern China in coming months, amid strong demand for storage…
Kemp: For China, Pollution and Climate Change are Not the Same Problem
Beijing is one of the most polluted cities in China, according to official statistics. Every time China hosts a major international event the government has to take extraordinary measures to clean up the air and…
Beijing, Philippines Move to Calm South China Sea Tensions
Philippine President Benigno Aquino said he and Chinese counterpart Xi Jinping had a "meeting of minds" on Tuesday during talks which included a territorial row that has soured relations between the South China Sea states.
Tanzania: China-Funded Port Work Starts in 2015
Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president's office said in a statement on Monday, for the first time setting a start date for the delayed initiative.
CNOOC Puts 33 Licences on the Block
China National Offshore Oil Corporation has issued a tender inviting foreign oil companies to bid on 33 offshore blocks off east and southern China. The 33 blocks open for co-operation between foreign players and CNOOC cover an area of 126…
China Sending 4 Rigs To S China Sea Amid Tensions
China is sending four oil rigs into the South China Sea in a sign that Beijing its stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam.
China's State Grid Open to "Non-state" Investment-Media
The State Grid Corp of China , the country's dominant power grid operator, will open two of its business sectors to new investors, including private and non-state companies, state media said on Tuesday. The two sectors…
For Polluted China, Gas is a Matter of life or Death
"If I work in your Beijing, I would shorten my life at least five years," Premier Zhu Rongji, a career politician from Shanghai, quipped in 1999, referring to the notorious air pollution in China's northern capital.
