China National Petroleum will pay the Russian state-owned giant 50% in rubles and 50% in yuan, a source says

In the long, hot summer of 2022, energy security is colliding with emission reductions, driving a resurgence of coal and nuclear power generation

A new supply deal with China would enable the Russian state gas giant to build an interconnector between westbound and eastbound pipeline systems, effectively allowing Russia to redirect output toward China from fields that now only feed Europe

Expansion in China’s services sector slips to a five-month low, Caixin data shows. Gazprom announces a 30-year supply deal with China

Oil prices reach seven-year highs; China exports less refined oil products; Chile moves to nationalize copper and lithium resources

The agreement with CNPC will allow the export of up to 10 billion cubic meters of gas per year via a far eastern pipeline

Line which will ultimately connect Siberian gas fields to Shanghai has big geopolitical implications and could help clean up China’s energy mix

Delay comes as Russia moves to sell more natural gas to East Asia