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This tag is associated with 42 posts

Why can the 3:1 ratio of China/US Investing in Renewable Energy be worrisome?


The title of this Apr 9 Quartz article — “For every $1 the US put into adding renewable energy last year, China put in $3” — draws our attention to the tip of an iceberg about the competition for leading the global technological innovations. The article says that “around 26% of the country (i.e. China)’s … Continue reading

China says it leads the world by achieving 102 seconds of nuclear fusion at 50 million degrees Celsius


The following is based on a translation of a report in Chinese media: According to chinanews.com’s report, China’s EAST physical experiment in Hefei, Anhui Province has achieved plasma electric generation by nuclear fusion for 102 seconds at a temperature of 50 million degree Celsius This is longer than the 60 seconds EU and Japanese scientists … Continue reading

China building 3 more large deep sea oil rigs to explore for oil in South China Sea


The following is based on a translation of a report in Chinese media: Global Times says in its report yesterday that it took 6 years and 6 billion yuan (USD940 million) for China to build its first homegrown deep sea drilling platform HD-981. The “9” in 981 means drilling ship, “8” means deep water while … Continue reading

China to invest $78 bn to build 110 nuclear power plants by 2030, will overtake US


China plans to build 110 nuclear power plants by 2030 with an investment of over $78 billion overtaking the US which has 100 such plants amid criticism that Beijing is yet to implement enough measures to develop safety controls in existing projects. China will build six to eight nuclear power plants annually for the next … Continue reading

China to build world’s first hybrid fusion-fission reactor before 2030


The following is based on a translation of a report on a Chinese news site: A report on akjunshi.com says the China Academy of Engineering Physics in Sichuan has completed the conception design of the world’s first hybrid fusion–fission reactor. As the institute is in charge of developing China’s nuclear weapons, it must have actual … Continue reading

China develops large liquid hydrogen refrigeration device for space program, technology previously withheld by other countries


The following is based on a translation from Chinese media: Mil.huanqiu.com reports that China has successfully developed its homegrown large (10 kW grade) liquid hydrogen low temperature refrigeration equipment, a very important device for its space program. The device involves top advanced technology which has been withheld from China by the rest of the world. … Continue reading

China to commence building world’s first fourth generation nuclear power plant, and already has plans to export them


The following is based on a translation from Chinese media: China has completely mastered the technology of its fourth-generation high temperature gas-cooled nuclear reactor, and is now able to make more than 95% of it. It built a 10-mW experimental reactor and has successfully used it to provide electricity to the power grid since January … Continue reading

China completes large nuclear fusion device, says it is catching up with US


The following is based on translations from Chinese media: Nuclear fusion is at the forefront of high technology. It will enable the human race to generate more than enough energy without using fossil fuel However, it is very difficult to control such fusion. As a result, for several decades, scientists always say that we, the … Continue reading

China risks social conflict if war on pollution lags, researchers warn


Any failure to tackle China’s huge pollution problems in the coming years could stoke public discontent and create “social conflicts,” government researchers warned, underlining political concerns driving Beijing’s war on smog. With pollution identified as a major source of unrest, China’s ruling Communist Party has promised to tackle a host of environmental problems brought about … Continue reading

India will not hesitate to use naval power to protect economic interest in South China Sea


India has warned that it is prepared to use force to secure its economic interest in the South China Sea. India has placed allegations that Beijing had deliberately hampered its rival oil and gas exploration efforts. As China and India rise economically, their military muscle is growing as well. Both need energy to keep that … Continue reading

China builds nuclear reactors in earthquake-prone Pakistan, in defiance of international ban


China has decided to defy international norms and build new nuclear reactors in Pakistan. While the U.S. and Europe see stagnant growth for commercial nuclear power, the same is not true in Asia. China is not only building nuclear reactors at home, but it is exporting its technology abroad. Of particular concern is its construction … Continue reading

“Made in China” nuclear reactors a tough sell in global market; don’t meet international standards


As China signs global deals to export its nuclear power technology, it faces a huge obstacle: it still needs to show it can build and safely operate these reactors at home. Aided by foreign technology acquired during three decades of development, China has the highest number of reactors being built and ambitions to export its … Continue reading

China to send 700 combat troops to South Sudan, where civil war has affected China’s investments


China is to send 700 combat troops to South Sudan in what analysts describe as a significant shift from its stated policy of non-interference in African conflicts. The first Chinese infantry battalion to take part in a UN peacekeeping mission will be equipped with drones, armoured carriers, antitank missiles, mortars and other weapons, “completely for … Continue reading

China building floating docks to exploit South China Sea on a large scale


The following is a translation from Chinese media: In addition to the construction of seven artificial islands on the reefs in the South China Sea, China is building floating docks for its exploitation of the sea areas. Jane’s Defence Weekly has reportedly interviewed officials at the China Ship Science Research Centre and learnt from them … Continue reading

China sends warships to escort oil rig to waters claimed by Japan near Senkaku (Diaoyu) Islands


The following is a translation from Chinese media: China’s qianzhan.com says in its report today that China’s Kaixuan-1 oil rig is on its way to the area near the disputed Diaoyu Islands (known as Senkakus in Japan), accompanied by quite a few Chinese warships. Chinese people are excited at the news. They are happy that … Continue reading

China’s Nationalist Party ‘blows up’ at Kaohsiung


It started in 1990. Some may say it was in 1949 when the Chinese Nationalists retreated to Taiwan and imposed their tyranny and the governmental system that Chinese Communists would soon copy in Beijing. But this started in 1990 when CPC (中石化) built a gas line in Kaohsiung. Gas lines can rust if not buried … Continue reading

Inside Xi Jinping’s purge of China’s oil mandarins


Oil executive Jiang Jiemin rose to power in Communist China in time-honored fashion: by hitching his star to a mighty mentor. In Jiang’s case, that patron was another oil man, Zhou Yongkang, who went on to become the chief of China’s internal security apparatus and one of the country’s most powerful men. Like Zhou before … Continue reading

Chinese media says “Vietnam doomed to lose”


The following is translated from Chinese media: Due to instability in the Middle East, China has determined to extract the oil and gas in the disputed waters in the South China Sea. China has the equipment and technology to do that. The problems are what other claimants to the disputed waters will do to stop … Continue reading

China urges peaceful development of seas by all countries, while not following its own advice


China, involved in a growing dispute with its neighbours over the energy-rich South China Sea, wants to promote peaceful development of the oceans, Premier Li Keqiang said, warning conflicts in the past had only brought “disaster for humanity”. China claims almost the entire ocean, rejecting rival claims to parts of it from Vietnam, the Philippines, … Continue reading

China sends four oil rigs to South China Sea amid regional tensions


China has sent four more oil rigs into the South China Sea in a sign that Beijing is stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam. The announcement comes at a time when many countries … Continue reading

Vietnam dispatches 29 ships to intercept Chinese oil rig in South China Sea; standoff with 80 Chinese ships


Vietnamese naval vessels and Chinese ships collided Wednesday, a Vietnamese government official said, as Hanoi sought to prevent a Chinese oil rig from setting up in a disputed part of the South China Sea. The official said no ammunition had been fired and there were no reports for injuries as a result of the standoff, … Continue reading

China leads mission to explore South China Sea for oil – 1800 kms from China


China will lead an expedition into the South China Sea, 80 kilometres off the coast of Malaysia and 1,800 kilometres from the Chinese mainland – territory China claims as it’s own. The first scientific ocean drilling expedition led and sponsored by China sails from Hong Kong tomorrow into the South China Sea – the subject … Continue reading

China ups Venezuelan oil investments, but refuses Chavista leaders’ plea for a cash bailout


Back in April, Brazil’s Folha de SaoPaulo ran an article entitled: “The Future of Venezuela Depends on China“ and highlighted this quote:  Translation: “If Maduzo wins, he’ll have to regain the confidence of the Chinese.” – TOM O’DONNELL, petroleum consultant Indeed, it is now clear that the short-term strategy of the post-Chavez Maduro-Cabello administration was to escape the country’s severe dollar crisis … Continue reading

Venezuela’s PDVSA Post-Chávez: Will partnerships with the private sector and Chinese experts boost oil production?


Throughout 2012, and especially after President Hugo Chávez’ death in early March 2013, Venezuela’s national oil firm, Petróleos de Venezuela S.A. (PDVSA), has taken measures beyond anything done in the past decade to raise its lagging production. While the likely impact merits cautious analysis, the drivers of the Bolivarian Republic’s scramble for increased oil revenues … Continue reading

China to invest $375 billion on energy conservation, pollution


China plans to invest 2.3 trillion yuan ($375 billion) in energy saving and emission-reduction projects in the five years through 2015 to clean up its environment, the China Daily newspaper reported on Wednesday, citing a senior government official. The plan, which has been approved by the State Council, is on top of a 1.85 trillion … Continue reading

China cuts CO2 emissions


The Chinese government has approved a set of regulations designed to protect the environment and improve the safety standards of food and water. The Middle Kingdom is the largest emitter of greenhouse gases in the world. The National Council recommended, among other things, to accelerate the installation of emission level controllers for small refineries operating … Continue reading

China: Iraq oil production booming, Venezuela lagging


The New York Times had an interesting article: ”China is reaping biggest benefits of Iraqi oil boom” on June 2, 2013.  The question that comes to mind is … Why is Chinese production in Iraq booming, and in Venezuela lagging? As late as 2007 and 2008, China clearly intended its investments in Venezuela to be its … Continue reading

US war against Iraq is paying off – for China


Remember the US government assurance that the Iraq War would pay for itself, once those oil revenues began gushing forth from a liberated Iraq? A decade later, the Iraq War is paying – for China. “We lost out,” said Michael Makovsky, a former Defence Department official in the Bush administration. “The Chinese had nothing to do with … Continue reading

China loses out as Canada joins US in halting oil pipeline construction


British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.” That’s potentially big trouble in a nation where oil exports amount to $73 billion annually and the industry employs more than 550,000 workers. It’s also a bad omen for nations, notably China, that have invested billions … Continue reading

China moves cautiously ahead on nuclear energy


From 2005 to 2011, China rapidly developed its nuclear power capacity. In 2010 alone, it began operations at two new reactors and broke ground on 10 more, accounting for more than 60 percent of new reactor construction worldwide and making the Chinese nuclear industry by far the fastest-growing in the world. By the end of … Continue reading

Door opens for China’s massive takeover of overseas assets


Seeing its $3 trillion foreign exchange reserve dropping in value due to falling US dollar exchange rate, China is anxiously looking for opportunities to take over profitable foreign assets. CNOOC’s takeover of Nexen is China’s first success in purchasing substantial foreign assets. Encouraged by the success, China will further intensify its efforts to buy foreign assets. … Continue reading

‘Ambitious’ China firms on hunt for overseas mergers and acquisitions


SCMP reports: China “retains its appetite for takeovers to tap new markets and to access technology, especially in Europe, says a sector-leading banker “Outbound mergers and acquisitions (M&A) will remain active next year as ‘ambitious’ mainland firms continue to seek growth by tapping foreign markets and acquiring new technologies, according to a senior executive with … Continue reading

Chinese wind towers hit with U.S. tariffs


The United States imposed preliminary duties as high as 26 percent on a second clean-energy product from China on Wednesday, this time hitting the tall steel towers used to harvest power from the wind. The decision by the U.S. Commerce Department is a victory for the Wind Tower Trade Coalition, a group of U.S. producers … Continue reading

China’s energy investment only for the brave


Private investors with the money and technology to unlock China’s vast pools of shale and coal seam gas will need strong stomachs to brave the unpredictable, unsupported and unregulated sector. China, the world’s largest energy user, signalled last week it wanted to draw more private investment into its energy sector as part of a plan … Continue reading

China in hardest private-sector push in decade


China signalled on Wednesday it wanted to boost private investment in its energy sector as Beijing makes its most determined push since joining the World Trade Organisation to reduce the role of the state sector in the economy. Many analysts say China must allow more private investment if it is to unlock new sources of … Continue reading

China wants more clean energy & eco-cities


The issue of energy could take up a hundred pages or more to do a proper job in covering China’s issues and the building of eco-friendly cities, so only a small picture is presented in this article. The fact that China is looking elsewhere for it’s energy indicates that China has not looked hard enough … Continue reading

Comment on the environment in China


Nature is the only thing that is currently truly sustainable on our planet. There’s plenty of greenwashing going on right now, especially in the U.S.  Greenhouse Project Denver is concerned with growing more local food year round in an almost closed system – where the inputs are minimal and the outputs are much greater. The … Continue reading

The Sudans put China in a policy bind


When one of your big oil suppliers splits into rival states, that’s a problem for any country. When you’re China, with its huge appetite for energy and a tradition of never wanting to take sides, it becomes a foreign policy migraine. China’s balancing act between South Sudan and Sudan will take centre stage when the … Continue reading

China power giant inks $2.4 billion India project


Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India’s Infrastructure Leasing & Financial Services Limited (IL&FS) will include … Continue reading

China establishes rare earth association


China on Sunday established a rare earth industry association in a bid to clean up an industry that has come under fire internationally for violating trade rules, Reuters reported, quoting state media. Su Bo, vice minister of industry and information technology, said the association aims to clean up the rare earth industry by kicking out … Continue reading

Chinese insurer to stop covering tankers carrying Iranian oil


China P&I club, the nation’s key ship insurer, will stop indemnity coverage for tankers carrying Iranian oil starting in July in order to abide by tightened Western sanctions against Iran following similar action in Japan, The New York Times reported. It is the first Chinese maritime insurer to make the decision, and the first sign … Continue reading

PetroChina joins Shell, Hess for shale oil exploration


PetroChina is in talks with Royal Dutch Shell and Hess Corp (HES.NYSE) to explore shale oil in Xinjiang’s Santanghu Basin, Reuters reported, citing parent China National Petroleum Corp in a company-owned newspaper. PetroChina has already drilled 35 wells in the basin, but low oil reserve content and immature domestic technology continue to curb output, the … Continue reading

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