Tag: energy
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Unlocking Africa’s Clean Energy Potential With Prefeasibility Funding
By Tsitsi Musasike, Jiaqi Lu, Adjekai Adjei, and Kevin P. Gallagher The second decade of China’s Belt and Road Initiative (BRI) promises to be bigger, better, and, importantly, greener. According to the Chinese Loans ...
Protesters Target Chinese Embassies Over E. Africa Oil Project
Climate change campaigners protested at Chinese embassies in 10 countries on Tuesday, calling on China not to finance the construction of TotalEnergies' controversial oil pipeline in East Africa. Activists said Chinese banks and insurers are financiers of "last resort" for TotalEnergies, ...
The Case for Early Retirement of Chinese Financed Overseas Coal Plants
By Cecilia Springer China leads the world in domestic renewable energy installation and low-carbon manufacturing and is increasingly positioning itself as a climate leader through its development financing in the Global South. However, China ...
Chinese Oil Permit in the Congo Threatens Park, Must Be Scrapped, Says NGO
An oil exploration permit held by a Chinese company in Congo-Brazzaville could threaten the ecosystem of one of the country's national parks and should be scrapped, a U.S. environmental group said on Thursday. Congo Brazzaville awarded the oil exploration permit to ...
Niger Rebels Say Disabled Part of Key Chinese-Built Oil Pipeline
Niger rebels fighting for the release of the country's democratically elected leader say they have disabled part of a crucial pipeline carrying crude oil to Benin. Vital to both the Nigerien and Beninese economies, the 2,000-kilometre-long pipeline has become the subject ...
Taking Stock of China’s Diplomatic Surge in the Persian Gulf
Even just a few years ago, it would have stretched credulity to argue that China was a major diplomatic player in the Persian Gulf. Today, that is no longer the case as Beijing is fast becoming one of the key actors ...
China’s Xi Says Wants to Deepen Energy Cooperation With Arab States
Chinese leader Xi Jinping said Thursday he would seek to deepen energy cooperation with Arab states as he addressed a forum of regional leaders and diplomats in Beijing. China, which has ramped up diplomatic exchanges with Middle Eastern leaders in recent ...
What’s Driving the Surge in Brazil’s Business Ties With China
BYD announced that it opened its 100th dealership in Brazil, highlighting the South American country's growing importance to the Chinese electric vehicle giant. The story is similar across the board in tech, agriculture, and natural resources, among other sectors.
Myanmar Junta Revives Plans for China-Backed Mega-Dam
Myanmar's junta has revived plans for a $3.6 billion Chinese-backed dam in the north of the country, which was suspended more than ten years ago following huge public opposition. The project to build the 6,000-megawatt Myitsone dam in northern Kachin state ...
Chinese Firms Win Most Bids to Explore Iraq Oil and Gas
Chinese energy companies won bids to explore 10 Iraqi oil and gas fields during new licensing rounds, ahead of any other foreign country, Iraq's oil ministry said Monday. Seven Chinese companies, including Sinopec, UEG, CNOOC Iraq, and Anton Oilfield, won 10 ...
China-Africa Relations in the Era of Great Power Competition
A prominent French TV journalist was visibly surprised when DR Congo President Félix Tshisekedi bluntly told him that he prefers to work with Chinese and Russian partners rather than those from the West. The exchange ...
China’s Growing Influence in the Persian Gulf
It wasn't that long ago the Persian Gulf was a no-go zone for Chinese diplomacy. Back then, China didn't source much energy from Gulf countries, and its diplomats were ill-equipped to handle the region's contentious politics. That is no longer the ...