Saturday, 18 May 2024

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Putin: Oil pipeline could run alongside planned gas link to China

MOSCOW — Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on...

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Siemens Energy boss says there can be no energy transition without China

Europe's energy sector relies too much on China to entertain the idea of de-risking, says the CEO of Siemens Energy.

FILE PHOTO: National Economic Council Director Lael Brainard speaks during the daily briefing at the White House in Washington, U.S., October 26, 2023. REUTERS/Ken Cedeno/File Photo
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White House’s Brainard says China’s exports can undermine investments in US

"China is now simply too big to play by its own rules," says White House national economic adviser Lael Brainard.

FILE PHOTO: International Monetary Fund spokesperson Julie Kozack speaks to reporters at the IMF's headquarters, ahead of the joint IMF-World Bank annual meetings in Marrakech, Morocco taking place on October 9-15, in Washington, U.S. September 28, 2023. REUTERS/Andrea Shalal/File Photo
EconomyNewsPoliticsSolarTrade

IMF: U.S. should keep open trade, work with China to resolve disputes

The International Monetary Fund says the U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties...

FILE PHOTO: An oil tanker sails on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo
BusinessNewsOilPoliticsTrade

US to favor existing investors for Venezuela oil licenses: sources

The move appears designed to encourage companies that have projects frozen because of U.S. sanctions, such as Italy's Eni and Spain's Repsol, to...

FILE PHOTO: Korean Finance Minister Choi Sang-mok speaks during a trilateral meeting with U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki on the sidelines of the IMF/G20 meetings, at the U.S. Treasury in Washington, U.S., April 17, 2024.  REUTERS/Kevin Lamarque/File Photo
Critical MineralsNewsTrade

South Korea urges better cooperation on supply chain with China

South Korea's finance minister, Choi Sang-mok, said Seoul and Beijing should seek better cooperation on the supply chain for raw materials

FILE PHOTO: Employees work on a production line manufacturing mechanical parts, amid the coronavirus disease (COVID-19), at a factory of SMC Corporation, during an organised media tour, in Beijing, China January 10, 2023. REUTERS/Tingshu Wang/File Photo
BusinessManufacturingNewsTrade

Chinese overcapacity claims are ‘trade protectionism’, ministry says

Growing alarm over Chinese industrial overcapacity flooding the EU with cheap products is opening a new front in the trade war with Beijing

FILE PHOTO: Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Sergei Guneev/Pool via REUTERS/File Photo
AnalysisElectricityIn-DepthPoliticsTrade

Putin to visit China’s Xi to deepen strategic partnership

Russian President Vladimir Putin says his talks with Chinese counterpart Xi Jinping will include trying to deepen co-operation on renewable energy sources.

FILE PHOTO: U.S. Secretary of Commerce Gina M. Raimondo speaks at the "Senior Chinese Leader Event" held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 15, 2023.  REUTERS/Carlos Barria/Pool/File Photo
AutomotiveEconomyElectric VehiclesNewsPoliticsTrade

US to issue rules on Chinese connected vehicles this fall

U.S. Commerce Secretary Gina Raimondo says her department is tracking public reports that Chinese automakers are planning to assemble vehicles in Mexico. She...

ElectricityInfrastructureNewsPoliticsTradeTransmissionUtilities

Ukraine plans record power imports after Russian attacks on energy system

Ukraine plans record high electricity imports after significant energy infrastructure damage from recent Russian strikes on its energy system.