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China
25 June 2020
China and EU to Promote Green Energy Investments in Third Countries
European Energy Commissioner Kadri Simson took part in the 9th EU-China Energy Dialogue with her Chinese counterpart, Zhang Jianhua, the Administrator of the National Energy Administration of China.
22 June 2020
Portugal´s EDP To Invest in Renewable Energy Projects in 5 African Countries
Portuguese energy company EDP, which has China State Grid as its main shareholder, will invest 500 thousand euros to support eight renewable energy projects in Mozambique, Kenya, Tanzania, Malawi and Nigeria.
17 June 2020
EDP CEO to Face Corruption Charges in Portugal
The Office of the Prosecutor-General of Portugal is moving ahead with corruption charges against António Mexia, the CEO of EDP - Energias de Portugal, which has China Three Gorges as its main shareholder.
17 June 2020
Sinopec Could Increase Stakes in Angolan Oil Fields in Debt Relief Deal – Verisk Maplecroft
A possible solution for debt relief negotiations underway between the two countries could lead to an increase of Chinese state oil company´s stakes in Angolan oil fields, according to Verisk Maplecroft.
07 June 2020
Angola Cuts Oil Shipments to China
Angola is cutting the number of oil cargoes that it will ship to China, as it seeks to renegotiate repayment terms to deal with the crippling impact of the coronavirus. Oil shipments to Chinese state firms are used to pay down debt to Beijing.
02 June 2020
Shanghai Electric Joint-venture to Invest EUR 700 million in Solar Power in Portugal, Spain and Italy
Tayan Energy, a joint venture between Shanghai Electric and Eland Private Equity, is launching more than 1 gigawatt (GW) in solar power projects in Spain, Portugal and Italy, worth 700 million euros.
27 May 2020
Samsung Heavy Industry Moves Ahead with LNG Platform for Mozambique
Samsung Heavy Industry is moving ahead in South Korea with the construction of a floating platform (FLNG) for the Area 4 joint-venture, led by Eni and which include´s China National Oil and Gas Exploration and Development Company, a subsidiary of CNPC. In spite of the current restrictions due to the Covid-19 pandemic, delivery is still scheduled for 2022.
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