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energy sector

Chinese premier rebuffs ‘bloc confrontation’, talks up open markets in ‘Summer Davos’ address

by Walter Watson
Chinese premier rebuffs ‘bloc confrontation’, talks up open markets in ‘Summer Davos’ address

In a condemnation of what he described as confrontational trade practices, Li made direct reference to a phrase used by the US government to describe its own strategy towards China. …

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Senate sends package bolstering nuclear power sector to Biden’s desk

by Vera Ward
Senate sends package bolstering nuclear power sector to Biden’s desk

The Senate on Tuesday passed a package aimed at bolstering the nation’s nuclear power sector, sending it to President Biden’s desk. The vote was 88-2. Sens. Ed Markey (D-Mass.) and Bernie …

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Hong Kong stock market increasingly driven by mainland China investors: Hang Seng Indexes

by Anas Siddiqui
Hong Kong stock market increasingly driven by mainland China investors: Hang Seng Indexes

Hong Kong stock market’s gains this year have been supported by inflows from mainland Chinese investors, who are driving turnover higher, according to a study by index compiler Hang Seng …

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PetroChina: rapid EV uptake means oil consumption for transport to peak by next year ‘at the latest’ in China

by Anas Siddiqui
PetroChina: rapid EV uptake means oil consumption for transport to peak by next year ‘at the latest’ in China

“We believe that China’s oil consumption will reach its peak before 2030 at 780 to 800 million tonnes per year,” said Wu Mouyuan, vice-president at CNPC Economics & Technology Research …

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China’s draft energy law finally sees the light after 18 years in the making

by Ron Morgan
China’s draft energy law finally sees the light after 18 years in the making

The long-awaited legislation is wide-ranging, covering all aspects of the industry from planning to distribution, conservation, rural energy development and pricing. Yang Heqing, from the committee’s Legislative Affairs Commission, said …

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Ukraine war: Russia’s deadliest air strike in weeks kills 17 in Chernihiv, as Kyiv seeks more defence support

by Walter Watson
Ukraine war: Russia’s deadliest air strike in weeks kills 17 in Chernihiv, as Kyiv seeks more defence support

Three Russian missiles on Wednesday slammed into the centre of Chernihiv, a city in northern Ukraine near the Russian border, killing at least 17 people, wounding dozens more and damaging …

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