Fuel-loading at the world's first Westinghouse-designed AP1000 nuclear reactor, located on China’s east coast, has been delayed due to "safety concerns" — the latest in a long line of setbacks for the project, the China Daily reported on Tuesday.
Russian banks and a Russian-Chinese investment fund are interested to invest in what could be the largest initial public offering in recent times, the Saudi Aramco’s floating of shares, a Russian senior executive said Wednesday.
Chinese government is believed to have intervened in the recent rise in thermal coal prices due to stronger demand, setting a price cap at the Qinhuangdao port, a senior Wood Mackenzie analyst said on Friday.
China is suffering big problems in its move to replace coal usage with natural gas, as power producers struggle to obtain supplies and an entire province has decided to pause switching homes and industries to gas over fear of heating stoppages.
India’s recently proposed 70% safeguard duty on solar cells and modules from China and Malaysia could hurt its goal to become a solar powerhouse producing 100 gigawatts (GW) from such technology by 2022.
A total of 104 major oil and gas projects worldwide, representing 32 billion barrels of oil-equivalent (BBOE), with a combined pricetag of $289 billion, are waiting for a final investment decision (FID), according to data from Rystad Energy.