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Ukraine state oil and gas company signs $3.656B credit agreement with China Development Bank to finance substituting natural gas with coal

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The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. The program is aimed at improving Ukraine’s energy security and alleviating dependence on foreign natural gas.

Ukraine 236
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. This surge occurred mostly in China, driven by steel manufacturing.

China 416
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated. New refining capacity growth includes several high-profile, high-capacity refinery projects underway, particularly in China and the Middle East, which could add more than 4.0

Global 448
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Russia and China Cozy Up. Reign of the USD. Before the 20 th century, the value of money was tied to gold.

Russia 225
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Opinion: Is Russia Plotting To Bring Down OPEC?

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million tons of crude to China in 2014 through the East Siberian Pacific Ocean (ESPO) pipeline. and European Union’s decisions to impose—and maintain—sanctions on Russia after its invasion and annexation of Crimea and invasion and informal annexation eastern Ukraine will pile more pressure on the Russian energy industry.

Russia 150
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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and EU Ukraine-related economic and financial sanctions. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Saudis have repeatedly cut pricing to undercut competitors to maintain market share in the critical U.S.

Russia 150
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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

China’s dominance in the graphite industry factors into the forecasted deficit since it dominates the graphite market. In 2021, China produced 820,000 metric tons (MT) of graphite, a significant increase compared to the previous two years. After China, Brazil and Mozambique are the next largest graphite producers.