China
China’s CDM market: Will Shanghai say goodbye to CERs?
With China widely blamed for the failure of Copenhagen, some experts believe CDM investors could now shun the country in favour of India and Brazil, or that the EU may even take action again Chinese CDM certificates, creating a two-tier market. Lianna…
Market fears two-tier EU ETS post-2012
Following a lack of collective will to determine a binding agreement at the Climate Change conference in Copenhagen (Cop15), analysts say the West may take steps to either ban or restrict most Chinese certified emissions reduction (CER) credits in the…
Hedge funds will return to energy markets in H2
Energy hedge fund investors will return to the market in the second half of the year, as these investment managers see prices rise towards the end of 2010, say analysts.
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets.
Global supply squeeze to ease with China/Saudi ties
The global oil supply tightness forecast for the next five years due to increasing Asian demand might be eased by China’s latest move to promote closer ties and secure more imports from Saudi Arabia, say analysts.
Some CERs “not sexy” enough for investors: carbon industry heavyweight
Certified emissions reduction (CER) credits generated from clean development mechanism (CDM) projects, such as Chinese wind farms, are just “not sexy” enough for investors at the moment and they are looking to other regions like Africa, says Liz Bossley,…
China seen overtaking US as biggest oil importer in 2-3 years
“In two to three years, China will be the largest global importer of crude oil,” Jorge Montepeque, global director of market reports for Platts, said at today’s Global Outlook for Oil event during IP Week.
China forces IEA to boost oil demand forecast
Higher-than-expected demand from China and other Asian countries has forced the International Energy Agency (IEA) to revise up its global oil demand forecast for 2010 by 120,000 barrels a day (b/d) to 86.5 million b/d.
Gazprom sells US LNG to China
Russian energy company Gazprom has shipped 1 million tonnes of liquefied natural gas (LNG) to China, as the US gas market has an unfavourable pricing environment, says Alexander Medvedev, deputy chairman of Gazprom’s management committee and director…
BP CEO: Oil industry faces supply challenge
The oil industry will continue to face supply challenges in the long term, following China’s burgeoning demand for imports, said BP’s chief executive at the World Economic Forum in Davos, Switzerland.
Russia looks to China for gas contracts
Russia is forging stronger ties with China to diversify its gas buyer base, following payment disputes with countries such as Ukraine and to compete with the growing US liquefied natural gas (LNG) market, say analysts. Meanwhile, Europe is looking to…
Moody’s: Oil will average $75 in 2010
Oil prices will average $75 per barrel (bbl) in 2010, following rising growth in global oil consumption, fuelled by buoyant demand in developing economies, led by China, says rating agency Moody’s.
LNG experts confident that Asia will take on Australian supply
PetroChina’s cancellation of its deal with Australia liquefied natural gas developer Woodside Petroleum is not indicative of a reduction in LNG demand from Asia, say experts.
Chinese CER market in pricing limbo post Cop15
The market for long-term Chinese generated certified emission reductions (CER) units is in a pricing limbo, after China, the world’s largest carbon emissions emitter and one of the largest developers of clean development mechanism (CDM) projects, failed…
Building demand
One year after the collapse of Lehmans, fundamentals for the energy and metals markets continue to evolve, with emerging market demand, especially from China, set to have an increasing impact. Pauline McCallion discusses the outlook with experts
China will beat US to cap-and-trade scheme says Bluenext
“China will have a cap-and-trade scheme before the US and we will hear some statement from China on this at Copenhagen,” Philippe Chauvancy, director of sales at Paris-based exchange Bluenext predicted during a panel discussion at the Carbon Show in…
Cbeex and BlueNext combine forces
France-based climate exchange BlueNext and the China-Beijing Environmental Exchange (Cbeex) have signed an agreement to form a carbon market standard for China. The move is a step towards the creation of a Chinese voluntary system to limit greenhouse gas…
How long will the shopping spree last?
China appears set on a programme of foreign energy asset acquisition. Maria Kielmas looks into the implications for the energy industry