Reuters – the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic and said they had an unprecedented deal with fellow oil nations, including the United States, to curb global oil supply by 20%. After four […]
China’s crude oil output grew 3.5 percent year on year to 31.83 million tonnes in the first two months of 2020, official data showed. During the same period, China processed about 93.99 million tonnes of crude oil, down 3.3 percent year on year, according to the National Development and Reform Commission. Data showed that refined […]
Hebei Development and Reform Commission announced on March 31 a list of 43 key hydrogen projects in 2020. The projects range from hydrogen production, hydrogen energy equipment, hydrogen refueling stations, fuel cells, vehicle production, application demonstration, and technology research, covering the entire industry chain with a total investment of around 8.7 billion yuan. The commission […]
Construction at the Yangjiang Nanpeng Island offshore wind farm in China is back in full swing, according to MingYang Smart Energy.
The latest data released by the Global Wind Energy Council (GWEC) shows a record 6.1 GW of offshore wind capacity installed in 2019, increased by 35.5 per cent than the previous year, which saw a growth of 4.5 GW. China leads the record with 2.3 GW capacity growth in 2019, followed by the UK and […]
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“The oil crash will definitely put downward pressure on the appetite for a cleaner energy transition,” Fatih Birol, head of the International Energy Agency, said of the historic fall in crude prices.
Statistics today from China’s National Bureau show decline in the production of industrial coal and electricity, and continued increase in crude oil and natural gas production. Raw coal production declined. From January to February, 490 million tons of raw coal was produced, with an average daily output of 8.15 million tons, a year-on-year decrease of […]
Based on the 2019 notice on wind and photovoltaic power projects, China’s National Energy Administration published the 2020 notice to further promote the transition of wind and photovoltaic power to grid price and to maintain the sustainable development of the industry. The notice put out new requirements to provincial government, grid enterprises and investors. Grid […]