‘The threat alone is something’: Security experts weigh China’s role in North Sea
Questions have been raised by security expert on the roles of Chinese state-owned firms like CNOOC in the UK's energy sector.
china
EU ramps up pressure on China’s green tech with wind probe
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
China’s Sinochem buys first oil cargo from Canadian pipeline
China’s Sinochem Group has purchased one of the first crude cargoes that will be shipped through a new Canadian pipeline that’s designed to move more oil from landlocked Alberta to the Pacific Coast for export.
China burned more fossil fuels in 2023 despite green push
China burned record amounts of coal, oil and natural gas last year after ending Covid-era restrictions, even as the country accelerated its energy transition push.
EU industry calls for green shift help to keep up with China, US
The heads of major industrial companies want the European Union to cut energy costs and the regulatory burden of green rules to help the region stay competitive as the energy transition accelerates.
Europe coming to terms with LNG, Shell says, but still short
“Two or three years ago all you would hear about [from policymakers] was decarbonisation. Now, I think there’s much more balanced conversation around security of supply, affordability and decarbonisation,” Hill said.
We can’t change China, so let’s keep a sense of proportion
The world is "disappointingly grey" in terms of energy production, writes Brian Wilson as he turns his attention to China's coal industry.
WTIV fleet receives two-ship boost from China
The global offshore wind construction vessel fleet count has been boosted by the recent delivery of two jack-ups (WTIVs) built by Chinese group Shanghai Zhenhua Heavy Industries (ZPMC) for conglomerate China Communications Construction Company (CCCC).
Uganda sees China oil pipeline loans agreed by April as timeline slips
Discussions are “advanced” for syndicated tranches of loans from African, Asian and Chinese lenders, among others, for the conduit that will carry 216,000 barrels of oil a day from Ugandan fields for export, she said.
Goldwind profits plunged even as wind power surges in China
Xinjiang Goldwind Science & Technology Co., the largest wind-turbine maker, said profit plunged as a price war continues to offset some of the benefits of China’s surge in clean energy investment.
EU aims to boost its wind industry to counter China’s clean tech ambitions
The European Union launched a wind power package on Tuesday to counter the growing influence of China and spur its own industry, as the bloc focuses more firmly on China as the biggest threat to its clean-tech industry.
EU aims to counter China by bolstering wind energy industry
The European Union will pledge to prop up its wind industry in the face of toughening global competition, supply-chain bottlenecks and financing concerns to ensure that the bloc can meet ambitious climate and sustainable growth plans.
China leaves everyone behind in race for renewables income
“Shifting business models toward greener activities is about more than being virtuous for the sake of the planet,” says BNEF’s Michael Daly. “There’s a huge financial opportunity for companies that help drive the energy transition.”
CIMC Raffles takes on Saipem conversion for Congo work
Saipem expects the offshore commissioning and start up of the FPU to take place in the fourth quarter of 2025.
Africa’s delayed manufacturing revolution
“As a result, market confidence in South Africa’s utility-scale public procurement appears too low to underpin industrial and inclusive development on its own,” the report said.
European knowhow critical for Asia as offshore wind energy ramps up
A pragmatic approach based on alliances with established European contractors is the best way to learn quickly.
High stocks relieve LNG market tension
“We think JKM-TTF spreads will turn negative for the autumn shoulder season,” says Jake Horslen, senior LNG analyst at Energy Aspects.
Trafigura sees higher oil prices, heightened volatility
The number of rigs active in the US has fallen, down by 72 since the November 2022 peak.
CNOOC Ltd launches Brazil project, offshore CCS
“The successful commissioning of the Enping 15-1 oilfield CCS demonstration project will strongly support the company’s efforts in increasing reserves and production and pursuing green and low-carbon development,” said CEO Zhou Xinhuai.
Asia – a natural home for LNG
In the 1980s, local divers began to explore a fishing spot west of Sumatra and uncovered artefacts from a long-lost wreck.
China’s LNG demand no threat to Europe this year
China could replace Europe as the world’s balancing market, according to Shell’s vice president of energy marketing Steven Hill, speaking at the firm’s LNG outlook earlier this year.
Technip wins emergency LNG reserve work
The facility will be the largest liquefaction unit in the world using a single electric motor-driven mixed refrigerant compressor.
‘Alarm bells are ringing’: Wind industry growth drops to lowest in three years
Wind power industry growth dropped to the lowest in three years in 2022, hit by rising costs and shifting government policies.
China’s Russian energy imports balloon to $88bn since war
In the year since Russia invaded Ukraine, roiling energy markets across the globe, China’s appetite for Moscow’s oil, gas and coal has grown apace, with imports rising by more than half.
Goldman sees China nearly tripling its target for wind and solar
China is likely to install nearly three times more wind turbines and solar panels by 2030 than it’s current target, helping drive the world’s biggest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group.