Tag: Energy
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Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
High oil and gasoline prices and energy supply problems won’t be solved overnight, despite an agreement to end the Iran war and open the Strait of Hormuz announced ... -
Asia braces for a second wave of energy shocks from the Iran war
Asia’s first defenses against energy shocks from the Iran war are running short and a more consequential second wave of impacts is beginning to hit. When ... -
US energy blockade leaves Cuban farmers struggling to feed a nation
Eduardo Obiols Sobredo struggles to feed Cubans young and old, a task even harder now because of a U.S. energy blockade that has caused sweeping water ... -
US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil
President Donald Trump’s administration is placing economic sanctions on a major China-based oil refinery and roughly 40 shipping companies and tankers involved in transporting Iranian oil. ... -
AP Exclusive: Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head warns
Europe has “maybe six weeks or so” of remaining jet fuel supplies, the head of the International Energy Agency said yesterday in a wide-ranging interview, warning ... -
CGN launches nuclear safety campaign in Macau
China General Nuclear Power Group, the nation’s largest domestic nuclear power operator, launched its Nuclear Safety Publicity Campaign in Macau last week – marking the first ... -
China expands nuclear power capacity
China has experienced remarkable growth in nuclear power capacity and electricity output since 2012 while maintaining a notably strong record in nuclear and radiation safety, according ... -
Asia scrambles to conserve energy as Iran war disrupts oil and gas supplies
Countries in Asia are scrambling to conserve energy and protect consumers as the war on Iran and attacks on gas fields and oil refineries disrupt critical supplies, rattling markets ... -
Why China is building so many coal plants despite its solar and wind boom
Even as China’s expansion of solar and wind power raced ahead in 2025, the Asian giant opened many more coal power plants than it had in ... -
Diesel trucks are shifting to electric, possibly changing global LNG and diesel demand
China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly ... -
China rushes to build out solar, and emissions edge downward
High on the Tibetan plateau, Chinese government officials last month showed off what they say will be the world’s largest solar farm when completed — 610 ... -
China discovers major oilfield off Shenzhen
The China National Offshore Oil Corporation (CNOOC) announced yesterday that it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding ... -
Peruvian farmer takes German energy giant RWE to court in fight to hold polluters accountable
A German court yesterday started hearing a Peruvian farmer’s case against major energy company RWE, a lawsuit arguing that global warming fueled by the firm’s historical ... -
New coal power plant projects hit the highest level in nearly 10 years, report says
China’s power industry began construction on nearly 100 gigawatts of new coal plant capacity last year, the most in nearly a decade, a report from two ... -
The world will be fueled by electricity but more clean energy is needed
The world is set to make abundant energy by the second half of the decade as the production of batteries and solar panels surges — but ... -
Governments plan more fossil fuel production despite climate pledges: report
Despite frequent and devastating heat waves, droughts, floods and fire, major fossil fuel-producing countries still plan to extract more than double the amount of fossil fuels ... -
Opponents of military rule in Myanmar applaud new sanctions targeting gas revenues
A U.N.-appointed human rights expert and opponents of Myanmar’s military government have welcomed the latest sanctions imposed by the United States, the United Kingdom and Canada ... -
India-led alliance set to fund solar projects in Africa
An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop ... -
A plan for how Indonesia will spend $20 billion to transition to cleaner energy submitted
A plan for how Indonesia will spend $20 billion to transition to cleaner energy was submitted yesterday to the government and its financing partners, the planners ... -
Green development boosts business growth
As a pioneer of the “park city” philosophy, Chengdu is encouraging low-carbon transition by emphasizing green development in its socioeconomic advancement. Huaizhou New City, located in ... -
With oil prices slumping, OPEC+ producers weigh more production cuts
The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the ... -
US-China split may weaken growth and fuel inflation: Lagarde
The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and weaken growth, ... -
Europe’s most powerful nuclear reactor kicks off in Finland
Finland’s much-delayed and costly new nuclear reactor, Europe’s most powerful by production capacity, has completed a test phase lasting over a year and started regular output, ... -
Do Adani’s woes matter for India’s clean transition?
When the bidders for India’s multibillion-dollar incentive to make solar components were announced in early March, the absence of corporate behemoth Adani Group was conspicuous. The ... -
Europe shifts focus to avoiding shortage next year
The heads of the International Energy Agency and European Union’s executive branch said yesterday [Macau time] that the 27-nation bloc is expected to weather an energy ... -
India signals it will continue to buy oil from Russia
India will prioritize its own energy needs and continue to buy oil from Russia, its foreign minister signaled yesterday, as Western governments press Moscow with a ... -
OPEC+ cuts oil supplies to the world as prices fall
OPEC and allied oil-producing countries, including Russia, cut their supplies to the global economy by 100,000 barrels per day, underlining their unhappiness with crude prices that ... -
Little talk of rainforest protection in the Brazilian Amazon
In the Brazilian Amazon these days, it’s nearly impossible to run for office talking up the environment. More common is a scene like this: A candidate ...
