China’s race to meet rapidly rising energy demand is driving a scramble to find experienced talent to staff its booming energy sector. China is among the world’s top ten producers of oil and gas, and is the world’s largest coal producer, according to BP’s latest Statistical Review of World Energy. And an Energy Information Administration… Keep reading →
Data for the first half of the year is trickling in on the world’s largest energy consumer. Here, we take a look at the trends behind the numbers. Crude imports are up, but that’s only half the story. Imports of crude oil rose 10.2% to around 6.13 million barrels per day in the first six… Keep reading →
A rig that had been doing exploratory oil and gas drilling in contested South China Sea waters completed its operations about a month early and was moved from the area earlier this week. “Hanoi had said the rig was in its 200-nautical-mile exclusive economic zone and on its continental shelf. Beijing had said it was… Keep reading →
China is the world’s largest coal producer and consumer and the world’s leading emitter of carbon dioxide emissions. China is also the world’s most populous country and is suffering from high pollution levels due to its unrestrained fossil fuel use. China’s leadership is under a great deal of pressure to both reduce air pollution and to… Keep reading →
The incredible oil production growth coming from the Bakken Shale formation – from 200,000 barrels per day to 1 million b/d in 5 years – has also brought significant volumes of associated natural gas to the surface. With oil trading at higher prices than those currently paid for natural gas, infrastructure needed to bring that… Keep reading →
Some predict that China will start dismantling coal by 2030. Others aren’t so sure. Last year, renewable energy made up nearly 70 percent of new electric generation capacity additions in China. That figure would be more impressive if coal wasn’t the reigning supreme leader of China’s energy landscape. It currently accounts for about 65 percent… Keep reading →
Trade sanctions on Chinese solar panels – established two years ago and broadened last week in a preliminary decision by the U.S. Department of Commerce – are a matter of fierce debate in the solar community. But given the results of a new study on the energy use efficiency and carbon footprint of Chinese solar,… Keep reading →
China’s highly anticipated pilot carbon markets are up and running, with the notable exception of Chongqing, but already the lack of transparency, pressure from big business and government-owned enterprises, manipulation of data and over allocation of allowances are proving to be hurdles for success. High levels of liquidity are not the end-goal for a… Keep reading →
FERC has been shifting the terminology used to describe electricity consumers from “ratepayers” to “customers,” which better reflects current realities in the evolving utility industry. “The journey away from “ratepayer” starts when thinking about the utility as a provider of energy efficiency, demand response and other demand-side management techniques. When the utility is partly in… Keep reading →
After some initially-confused western reporting, it’s now clear Russia’s Gazprom finally did close a long-term natural gas deal with Chinese national oil company CNPC. However, there is still wide speculation about the agreed price – a sticking point that held up the deal’s closure for a decade – and equally if not more importantly, questions… Keep reading →
