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Australia's biggest hydropower project faces a delay of up to two years, likely pushing its start-up out to 2028, the company said on Wednesday, in the latest setback for the A$5 billion ($3.33 billion) renewable energy project.
China is already on track to emit the most coal-fired power emissions in history in 2023, but may now push coal use up another gear after the manufacturing sector unexpectedly contracted in April following a strong start to the year.
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More than three years since China first blocked a range of Australian imports in a political dispute, restrictions are easing, but reviving trade is proving more challenging than stopping it in the first place.
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India, backed by China, is trying to build a consensus within the G20 group to let countries choose a roadmap to cut carbon emissions instead of setting a deadline to end the use of fossil fuels, three Indian government officials said.
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Refining giant Sinopec Corp sees China's diesel and gasoline demand growing more in the second quarter than in the first three months of 2023, a trend set to bolster the firm's profitability further this year.