Chine

The Bulgarian National Audit Office report highlights persistent delays and contractual irregularities in the implementation of the national repository for low- and intermediate-level radioactive waste.
OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.

Global business leaders gather in Beijing for inaugural SMI China forum on sustainable innovation

The SMI China Forum brings together international and Chinese leaders for dialogue on supply chains, investment and energy innovation, marking a major step in public-private sector cooperation.
en_114016072038540
The rapid rise of solar energy is disrupting Pakistan’s electricity sector, forcing the government to revise its tariff policy and introduce new taxes on solar panel imports.
The launch of President 100, a harbour vessel powered exclusively by biodiesel, marks a new stage for the experimentation of alternative fuels in Singapore’s maritime sector.

BHP considers Australian “green iron” sector too costly despite China talks

Mining group BHP sees low-emission iron production in Australia as unprofitable, just as Canberra and Beijing announce closer cooperation to decarbonise the global steel industry.
en_114016072035540
CNOOC Limited announces the discovery of a significant oil and gas reservoir in the buried hills of the Beibu Gulf, opening new opportunities for shallow water exploration off the coast of China.
Brazil adopts new rules allowing immediate commercial measures to counter the U.S. decision to impose an exceptional 50% customs tariff on all Brazilian exports, threatening stability in bilateral trade valued at billions of dollars.

Trump mobilises USD92bn in private investment for AI and electricity in the United States

Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
en_114016072025540
Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.
According to a report by Ember, the Chinese government’s appliance trade-in campaign could double residential air-conditioner efficiency gains in 2025 and trim up to USD943mn from household electricity spending this year.

European Commission Warns on Chinese Competition, International Agencies Respond

Several international agencies have echoed warnings by Teresa Ribera, Vice-President of the European Commission, about commercial risks related to Chinese competition, emphasizing the EU's refusal to engage in a price war.
en_114014072040540
European Union ambassadors are close to reaching an agreement on a new sanctions package aimed at reducing the Russian oil price cap, with measures impacting several energy and financial sectors.
China has approved the construction of a strategic pipeline to transport green hydrogen from Inner Mongolia to Beijing, facilitating supply to industrial zones around the capital and boosting a rapidly expanding energy economy.

Chimbusco Pan Nation delivers first batch of B30 marine gasoil in Hong Kong

Chimbusco Pan Nation completes its first B30-MGO delivery in Hong Kong for the shipping company Orient Overseas Container Line, confirming its strategy of diversifying into alternative fuels and meeting new international marine fuel regulations.
en_114014072026540
Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.
Petróleos de Venezuela S.A. (PDVSA) recorded $17.52bn in export sales in 2024, benefiting from increased volumes due to U.S. licences granted to foreign partners, according to an internal document seen by Reuters.

Three researchers win the 2025 Global Energy Prize for technological advances

Three scientists from China, the United States and Russia are laureates of the 2025 Global Energy Prize, honoured for their work on high-voltage power lines, fuel-cell catalysts and pulsed energy technologies.
en_1140100726540
Envision announces the official commissioning of the world's largest green hydrogen and ammonia plant in China, powered by an autonomous renewable energy system and entirely AI-driven, with exports planned from late 2025.
Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.
The European Commission is allocating nearly 3 billion euros to support 39 energy projects in 10 member states, aimed at modernizing infrastructures and reducing CO2 emissions.
Société nigérienne du pétrole (SONIDEP) begins oil exploration and production, marking a historic turning point for Niger's energy independence.

Overview of the North American electric vehicle market in 2024

In 2024, the electric vehicle market in the United States is evolving rapidly under the influence of protectionist policies and strategies adjusted by GM, Ford and Tesla.
Croissance des ventes de véhicules électriques en 2024 aux États-Unis
ITER revises its timetable, aiming for a first phase of deuterium-deuterium fusion operations in 2035, marking a crucial step forward for nuclear fusion.
EU invests 10 million euros to develop a European fuel solution for VVER reactors run by Framatome, boosting energy security.

Climate Pressure, 80% of the World’s Population Demands Action

An international survey reveals that 80% of the world's population is calling for stricter climate measures from governments, a demand that is growing particularly in poorer countries.
Actions climatiques nécessaires urgentes
The EU has approved a new package of sanctions against Russia, aimed at restricting access to technology and reducing Moscow's energy revenues.
The containment dome for unit 4 of the Xudabao nuclear power plant has been installed in a single stage, marking a significant step forward in the project.

Chinese Prime Minister on Strategic Visit to Australia for Lithium

Chinese Premier Li Qiang concludes his visit to Australia with an inspection of the Tianqi lithium refinery, underlining the strategic importance of Australian minerals for China.
Visite stratégique chinoise Australie
By 2023, global solar installations had increased by 87% to 447 GW, but emerging economies remain largely under-represented.
Despite record investment in clean energy in 2023, significant challenges remain in meeting the target of tripling renewable capacity by 2030, according to EY's latest RECAI report.

China Accelerates Hydropower to Reduce Dependence on Coal

Thanks to abundant rainfall, hydroelectric production in China reached a record level in May 2024, reducing the need for coal-fired power plants.
Croissance hydroélectrique en Chine
Shell buys Pavilion Energy from Temasek, expanding its access to LNG markets in Europe and Singapore, consolidating its leading position.
Renalfa IPP launches a 25 MW/55 MWh energy storage battery in Razlog, Bulgaria, marking a major step forward in energy storage in Eastern Europe.

China accumulates oil reserves

China, the world's largest importer of crude oil, has had a mixed start to the year. In May, it increased its inventories by over one million barrels per day (bpd), with imports far outstripping the low volumes processed by refineries.
Impact stockage pétrole chine demande mondiale
By 2023, the offshore wind industry had expanded significantly, laying the foundations for a decade of rapid growth thanks to key policy developments and strengthened collaborations.
Rafael Grossi, Director of the IAEA, expresses his wish to resume contacts with North Korea to guarantee the safety of its nuclear facilities.

Niger suspends oil exports to China

Niger has halted its oil exports to China via Benin, intensifying diplomatic tensions with its West African neighbor.
Le Niger suspend les exportations pétrolières vers la Chine.
Rezolv Energy and Low Carbon, through their subsidiary First Looks Solutions S.R.L., have secured loan facilities of up to 291 million euros to finance the first construction phase of the VIFOR wind farm in Romania.
Kyrgyzstan lifts ban on uranium mining to revitalize its economy, despite environmental concerns. The government promises strict compliance with ecological standards to reassure the public.