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To realise carbon neutrality, world needs an alliance: China Daily contributor


The Straits Times
To realise carbon neutrality, world needs an alliance: China Daily contributor
The writer says that carbon neutrality is an unprecedented challenge for China, but the country will achieve that goal.
Carbon neutrality is an unprecedented challenge for China, but like its economic transformation over the past more than four decades, the country will achieve that goal, says the writer.PHOTO: REUTERS
Zhang Ziqin
https://str.sg/3kLz
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Price Spike Shows


Price Spike Shows Fragility of Northeast Asian LNG Markets: APERC
Mar 3, 2021 12:40:pm
Summary
The perfect storm , caused by a cold snap and other factors, has highlighted the lack of gas storage and other infrastructure constraints in the region.
by: Joe Murphy
Posted in:
Price Spike Shows Fragility of Northeast Asian LNG Markets: APERC
The spike in gas prices in Northeast Asia near the end of 2020 and in early 2021 has highlighted the fragility of the region s LNG markets, a report by researchers at the Asia Pacific Energy Research Centre (APERC) states.
A number of factors created a perfect storm in the region s gas markets, causing LNG spot prices to soar tenfold in mid-December to a record high of over $30/mn Btu. These factors included a cold snap, limited nuclear output in Japan, record high demand in China, constraints on coal-fired generation in Korea, lower LNG inventories and liquefaction plant outage ....

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PV Power to divest subsidiaries and streamline operations


PV Power to divest subsidiaries and streamline operations
13:43 | 03/02/2021
PetroVietnam Power Corporation (PV Power)
PetroVietnam Power Corporation JSC (PV Power, HSX: POW) has just announced its plans for the period of 2021-2025 with several large sell-offs of its interest in subsidiaries.
Specifically, PVPower would reduce its majority ownership in four subsidiaries, including Hua Na Hydropower JSC (UPCoM: HNA), PetroVietnam Power Nhon Trach 2 JSC (HSX: NT2), PetroVietnam Power Technical Services Center (PV Power Services), and PetroVietnam Power Renewable Energy JSC (PV Power REC).
Besides, a number of new subsidiaries might be established to serve future activities.
PV Power will also take a different approach on Luang Prabang Co., Ltd., an associate, following the directions of the government and relevant authorities. ....

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