Monday , 9 February 2026

Recent Posts

China’s coal power giants fail to respond to climate change

Bloomberg China’s top six listed coal-power generators are failing to respond to climate change, lagging international peers and leaving them misaligned with Beijing’s broader environmental policies, according to a sustainability and governance risk consultant. That’s keeping shareholders without adequate information on how the firms are addressing climate change or adjusting their businesses to adapt, Singapore-based Asia Research & Engagement said …

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Eskom’s $4bn-coal bill headache largely of its own making

Bloomberg South Africa wants coal producers to help debt-stricken state power utility Eskom Holdings SOC Ltd. tackle its skyrocketing costs of the fuel — a problem that’s largely of its own making. Eskom traditionally signed so-called “cost-plus” contracts for coal with mining companies that managed and operated shafts the utility helped finance. In 2015 then-Chief Executive Officer Brian Molefe criticized …

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CNPC quits flagship Iran gas project as US sanctions bite

Bloomberg China National Petroleum Corp. (CNPC) is no longer a partner in Iran’s biggest natural gas project, and the Persian Gulf nation will develop Phase 11 of the giant South Pars field on its own, Oil Minister Bijan Namdar Zanganeh said. CNPC was the only international partner left in the project, after Total SA of France withdrew last year when …

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