China Energy Update 6/30

TMF World Energy Map: China DailyFinance The most populous country in the world, China has an insatiable appetite for energy. Imports are crucial, but the country also produces a large amount of.

US, China Find Path on Iran Wall Street Journal The U.S. decision on Thursday to exempt China from penalties targeting financial institutions that do business with Iran's energy sector came after data showing that China's imports of crude from Iran over the first five months of 2012 were down almost ... Wall Street Journal

China to hold second shale gas auction in July - media Reuters Top energy agency, the National Energy Administration, targets to produce 6.5 billion cubic metres (bcm) of shale gas by 2015, or roughly 6 percent of China's current total gas production. It intends to dramatically boost output to 60-100 bcm in 2020 ...

China, Singapore Exempted From US Iran Oil Sanctions Bloomberg As a nation, Japan ranked second behind China, according to the U.S. Energy Department. Clinton said reduced oil exports are costing Iran almost $8 billion a quarter in lost revenue. That estimate is based on a drop in crude exports to 1.5 million ...

China, Singapore cut back on Iranian crude UPI.com China and Singapore became the latest countries to get protection from U.S. sanctions because of moves away from Iranian crude, a U.S. official said.

Abound Failure Revives Debate Over Obama Solar Policies Bloomberg The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that's being undercut by Chinese competition ...

Abound Solar closes and files bankruptcy Examiner.com According to the company's press release, Abound “…has been working to scale up manufacturing for its high-efficiency, second generation PV module, which was tested and verified by the National Renewable Energy Laboratory (NREL) to deliver 85 watts ...

Green energy contest hopes to spur further innovations China Post TAIPEI, Taiwan --The utilization of Information and Communication Technology (ICT) and innovative green approaches in major industries can help decrease global carbon emissions by up to 15 percent, said Eugene Chien, Chairman of the Taiwan Institute ... See all stories on this topic »

Abound Solar, Recipient Of $70M Energy Dept. Loan Guarantee, Goes Bankrupt TPM Both the Energy Department and Abound Solar blamed the company's failure on the production of cheap, standard solar panels imported by China, which have driven global prices of polysilicon solar panels — the most popular type — down to historic lows ... TPM