China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Last week Premier Li Keqiang said China wanted to reduce its energy intensity ...
Tags: Metallurgy, coal, Coal Consumption
PV demand has started to increase this month, according to EnergyTrend’s observation. End-market demand for high-efficiency cells/modules has also reflected an uptrend. In the end of 2014, 250W 60-cell multi-si module remained the ...
Tags: PV Module, Solar Cell
Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...
Tags: Sinopec, oil refiner, Crude Oil
China could struggle to meet its 2020 nuclear energy targets with the industry still waiting on a cautious government to speed up the approval process, a senior industry executive said on Saturday. But as it waits for domestic projects to ...
Tags: Nuclear Industry, Nuclear
Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
China's energy use has entered medium-low growth as the economy heads toward a more sustainable model, the country's energy planner said Thursday. China's primary energy consumption is expected to expand by an average 3.4 percent annually ...
Tags: Energy Use, Coal
A six-meter-high industrial gas flow was discovered at a shale gas well in Inner Mongolia Autonomous Region, marking a breakthrough in shale gas development in north China, local authorities said Sunday. The well, based in coal-rich Ordos ...
Tags: Industrial Gas, Natural Gas
China's newly installed wind power capacity jumped to a record high of 19.81 million kilowatts in 2014, according to an industry briefing by the National Energy Bureau (NEB) Thursday. Wind power generated 153.4 billion kilowatt hours of ...
Tags: Wind Power, Electric Power
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
China's gold consumption tumbled 24.7 percent year on year to 886.1 tonnes last year, industry data showed Friday. The plunge was mainly attributed to a drop in consumption of gold bars, which posted a year on year decrease of 59 percent ...
Tags: Gold Consumption, Gold
Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...
Tags: LNG prices, LNG market
Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
China's total available crude supply significantly exceeded refinery throughput in December, suggesting 915,000 b/d of crude oil was added to storage during the month, although the total stockbuild during 2014 averaged just over 300,000 ...