German SPD chief Scholz is moving closer to succeeding Merkel as chancellor

Party committees vote this weekend to start negotiations Party leaders have agreed on a timetable for negotiations Road maps include major infrastructure investments, no tax increases BERLIN, October 15 (Reuters) – The leader of Germany’s center – left Social Democrats (SPD), Olaf Scholz, took a major step towards succeeding Angela Merkel as chancellor on Friday, … Read more

Hungry for fuel, China looks to the US, Europe looks to aid plans

A coal-fired power plant can be seen in the city of Baotou, in China’s autonomous region of Inner Mongolia, October 31, 2010. REUTERS / David Gray Chinese companies in negotiations with US LNG suppliers – sources Coal prices hit record highs in China due to shortages Poland, Germany are taking steps to support consumers Oil … Read more

EXCLUSIVE China appears to retain LNG in US as energy crisis raises concerns

SINGAPORE/NEW YORK, Oct. 15 (Reuters) – Major Chinese energy companies are in advanced talks with US exporters to secure long-term supplies of liquefied natural gas (LNG) as rising gas prices and domestic power shortages raise concerns about fuel security of expanding the country, several sources said. At least five Chinese companies, including major state Sinopec … Read more

China’s coal prices hit record highs, early winter chilly cold adds to energy problems

Fishermen sail a boat past a power plant of the State Development and Investment Corporation (SDIC) outside Tianjin, China, October 14, 2021. REUTERS/Thomas Peter Chinese coal price reaches record high Power reform comes into effect Cold winds from the north blow through central and eastern China China’s Met Office predicts sharp temperature drops BEIJING, Oct. … Read more

Price squeeze: world economy caught in perfect storm

British chicken king says 20 years of cheap food is over IEA says energy crisis could threaten economic recovery Cold keeps coal prices high in China, power outage continues Biden targets bottlenecks threatening vacation sales LONDON/TOKYO, Oct. 14 (Reuters) – From beef bowls in Tokyo to chicken breast rolls in London, consumers are beginning to … Read more

The rust belt province in China warns of more power shortages in the energy crisis

A chimney in a coal power plant in China Energy is pictured in Shenyang, Liaoning Province, China September 29, 2021. REUTERS / Tingshu Wang BEIJING, October 11 (Reuters) – China’s largest provincial economy in northeastern Russia’s warns of a worsening power shortage on Monday despite the government’s efforts to increase coal supply and control electricity … Read more

Delhi minister warns of power crisis due to coal shortage

Workers drill at an open cast coal field in the Dhanbad district of the eastern Indian state of Jharkhand on September 18, 2012. REUTERS / Ahmad Masood NEW DELHI, October 9 (Reuters) – Delhi Prime Minister Arvind Kejriwal on Saturday warned of a power crisis in the Indian capital due to a coal shortage that … Read more

China calls for a huge boost in coal production to fight power cancer

Coal is loaded on large piles at the Ulan coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. REUTERS / David Gray / File Photo Orders immediate increase in production at 72 mines in Inner Mongolia Increase in total more than 98 million. Ton capacity – Reuters … Read more

China power crunch strikes factories; coal lobby warns misery could last until winter

SHENYANG, China, Sept. 30 (Reuters) – Small businesses caught up in China’s protracted energy crisis are turning to diesel generators, or simply shutting down, as coal officials voiced fears over winter stocks and production shrunk the No. 2 economy. Beijing is scrambling to supply more coal to utilities to restore supplies as the northeast struggles … Read more

China tries to quell fears of a power crisis as coal prices rise and winter approaches

A coal-fired heating complex is seen behind the ground covered in snow in Harbin, Heilongjiang province, China, November 15, 2019. Photo taken November 15, 2019. REUTERS/Muyu Xu//File Photo State planner orders railway companies, local authorities to ensure coal supply ‘With child, elderly at home, no heat is a problem’ – resident of Shenyang Thermal coal … Read more