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China needs to revamp its power grid to continue to absorb 100 GW and above of solar generation capacity every year, including upgrading the technology and introducing commercial business models that enable higher solar power consumption, according to experts at a recent forum hosted by China Photovoltaic Industry Association. China has accounted for the world’s […]

Bangladesh is considering a proposal from ExxonMobil to explore the country’s untapped deepwater hydrocarbon blocks under a new production-sharing contract model, as well as carry out oil and gas exploration in some onshore blocks, Petrobangla chairman Zanendra Nath Sarker told S&P Global Commodity Insights. ExxonMobil is also in talks with government officials to secure exploration

Canada’s newest commitment is to invest more than C$344 million ($249.5 million) toward its federal critical mineral strategy to prioritize the development of domestic supply chains for critical minerals, such as lithium, to further the country’s green transition and digital economy, the government said March 8. “Critical minerals represent a generational economic opportunity for Canada,”

Canada will ban imports of aluminum and steel products from Russia to hold the Russian government accountable for its continued war with Ukraine, Canadian Minister of Finance Chrystia Freeland said March 10, the same day the US’ previously announced 200% tariff on Russian aluminum took effect. “We continue to do everything we can to cut

As the demand for batteries increases with electric vehicle sales on the rise, so does the demand for transparency within the battery supply chain, while the industry also deals with permitting uncertainty, energy experts said March 7. Consumers are demanding that the supply chain is responsibly sourcing materials, the experts said during a panel at

Climate change policies around the globe are not working, and the progress being made by such rules feels more like one step forward with one step back, a panel of energy experts said March 7 at CERAWeek by S&P Global. The passage of the Inflation Reduction Act in the US has changed the game globally,

China’s lithium carbonate outlooks have diverged, with some expecting a recovery in demand, following recent incentive measures, while others believe high inventory could weigh on market fundamentals. Optimistic market sources said March 7 that they expect sales of new energy vehicles (NEV) to rise continuously, boosted by the stimulus measures in China. China’s lithium carbonate

China’s National People’s Congress has set the stage for the country’s post-pandemic economic recovery and long-term roadmap under new leadership. On March 5, retiring Prime Minister Li Keqiang set a conservative 5% GDP growth target for 2023, which is higher than the 3% achieved in 2022, and will help support commodities demand. But it also

Clear energy policies, easily adoptable technological and other efficiencies must be tackled right now, at an early stage in the energy transition that will pave the way to solve the more complicated issues of shifting to large-scale decarbonization and alternative fuels in the years to come, the managing director of the Abu Dhabi National Oil

Japan and a group of 10 other countries in Asia have agreed to pursue “practical pathways” for carbon neutrality through coordinated steps such as developing hydrogen supply chains and setting decarbonization standards while ensuring energy security. The agreement was reached as the group of 11 partner countries on March 4 formally launched the Asia Zero