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China To Boost Oil & Gas Exploration, As EU Prepares To Commit Suicide

May 22, 2020
tags:

By Paul Homewood

 

josh

 

 

 

From Reuters:

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BEIJING, May 22 (Reuters) – China said on Friday it will bolster the capacity of the country’s energy reserves and offer lower gas and electricity charges to key industries, as it looks to ensure energy supply and offset the impact of the coronavirus pandemic.

In energy announcements on the first day of the parliament, known as the National People’s Congress (NPC), authorities also pledged to boost the country’s oil and gas network and continue to support exploration for unconventional gas reserves.

The National Development and Reform Commission (NDRC) said in a statement it would push forward construction of crude oil reserves.

The coronavirus pandemic has led to a slump in demand for crude oil, with insufficient storage capacity worldwide.

The NDRC said it would also press ahead with competitive trading of mining rights for oil- and gas-bearing zones, aiming to attract more market players into oil and gas exploration and production.

The country will also accelerate construction of oil and gas network and encourage the opening up of pipeline facilities to all eligible users, said the state planner.

China set up its long-awaited national oil and gas pipeline company in December aiming at providing fair market access to infrastructure and boost investment in oil and gas production.

https://uk.reuters.com/article/china-parliament-shalegas/update-1-china-to-bolster-energy-reserve-capacity-support-unconventional-gas-exploration-idUKL4N2D41LN

 

Meanwhile, back in the rotting corpse known as the EU, car manufacturers are in desperate crisis, faced by the long term threat of climate policies and the immediate threat of coronavirus:

 

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https://www.express.co.uk/news/world/1285804/EU-news-france-renault-nissan-Bruno-Le-Maire-car-industry

 

And the corpse’s response?

 

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https://www.dw.com/en/eu-commission-planning-green-auto-industry-rescue-report/a-53505451

 

So car manufacturers, already facing oblivion because of lockdown, can only expect aid to see them through difficulties not of their own making if they agree to bankrupt themselves in the search for “cleaner cars”. I suspect many, like Nissan, will say “on your bike”!

23 Comments leave one →
  1. May 22, 2020 10:39 pm

    Sad. Who votes for the fools in charge?

    • May 23, 2020 6:12 am

      Nobody votes for those in charge, the EU Commissioners. There is no democracy in the EU. The MEPs have no power.

  2. May 22, 2020 10:44 pm

    Electric cars only sell to a tiny minority. EU leaders don’t get it, or don’t want to get it – their ideology is not wanted when it comes to paying for it.

    • Adam Gallon permalink
      May 23, 2020 4:23 pm

      Why do you think laws have been made to force EVs upon the unwilling public?
      Seems like our great leader Borisconi doesn’t get it either.

      • Harry Passfield permalink
        May 23, 2020 7:30 pm

        Exactly. The EU forces car-makers to build EVs to get them to abide by the law that emissions should be averaged over the manufacturers’ range – or they face huge fines PER vehicle.
        The EU then – without shame (there’s no EU word for ‘shame’) claims that EVs are a success and the way to go!

  3. Mack permalink
    May 22, 2020 11:22 pm

    EVs would only work on a mass scale if governments heavily subsidised their purchase to make them affordable to the great unwashed, Our leaders would also have to provide the cheap electricity to power them to make their use affordable, not to mention the charging infrastructure to make them work and, of course, the reliable, non intermittent sources of energy required to power them in the first place. In the post Covid financial environment that simply ain’t going to happen. It couldn’t even of happened in the pre-Covid environment. Anything else is just waffle, pixie dust and wishful thinking. Buy yourselves a good diesel folks and you’ll be just fine, before they’re banned that is!

    • Broadlands permalink
      May 23, 2020 12:57 am

      And never mind what to do with all those unusable fossil fuel-powered vehicles many of which would be required to build these new PV vehicles, the batteries and the charging stations needed, not to mention those beautiful new solar panel farms and bird-killing wind turbines on every horizon. What can these “leaders” be thinking?

      • Harry Passfield permalink
        May 23, 2020 7:41 pm

        Hee-hee. The unusable FF vehicles will be stacked up 100 deep to a) build eco-reefs or b) to provide flood barriers for the expected sea-level rises to come. /s

  4. tomo permalink
    May 23, 2020 1:53 am

    and Russia brings clean power to northern Siberia

    video

    Probably best to turn your speakers down…

    • tomo permalink
      May 23, 2020 1:54 am

      and Russia brings clean power to northern Siberia

      VIDEO

  5. May 23, 2020 7:51 am

    The Asians have always dreamed of the so called “Asian Century” when the asians take over global leadership from the europeans but they never imagined that the europeans would so willingly cooperarate.

    https://en.m.wikipedia.org/wiki/Asian_Century

  6. Stonyground permalink
    May 23, 2020 12:23 pm

    If the EU is hell bent on committing economic suicide, this could be a great opportunity for the UK. Unfortunately our government is just as mental.

  7. Mad Mike permalink
    May 23, 2020 12:37 pm

    I posted this on May 17th. I still don’t know what to make of it but, in view of the Chinese actions on energy production and ignoring their commitments to CO2 emissions, the pieces are fitting together. There are too many conspiracy stories our there and this might be just one more but we do know that China has been implicated in influencing the opinions and appointments of the heads of various UN agencies. Would be huge if true.

    “May 17, 2020 11:07 am
    Off Topic.
    I really don’t know what to make of this. Its the first time I have come across either of these 2 characters.

    Its very conspiratorial and centres on the Chinese war with the West especially America, no surprise there.
    Its quite long and more or less centres on Chinese misinformation and how they use their power and reach to influence MSM, politicians and opinion generally.
    I got think how it relates to CC and of course it fits perfectly. We know that the some of the heads of the UN, IPCC etc. are sympathetic to Marxist ideology so the stuff coming from that direction should be suspect.
    If you had the Chinese agenda and wanted to destroy your perceived enemies what better way than to make them believe it was in their interest to reduce their CO2 output so a level that is catastrophic for their economies.Enter Mr Strong and the IPCC to start the ball rolling. Didn’t Strong flee to China when he was exposed as a fraud?
    We also note that the Chinese are not falling for this CO2 scam, they wouldn’t if they started it would they, and continue to build infrastructure that releases plenty of CO2.
    Its a bit of stretch this one but also a bit scary.”

  8. Mad Mike permalink
    May 23, 2020 12:40 pm

    For some reason the video, which it says is unavailable, comes up rather than the link. I’ll try and post the link which was in the original link

    • Bertie permalink
      May 23, 2020 1:17 pm

      Probably been taken down by the thought police.

      • Mad Mike permalink
        May 23, 2020 1:34 pm

        No, I can still view it but for some reason I can’t post it. I might get a visit from our oriental friends thought

  9. Mad Mike permalink
    May 23, 2020 12:50 pm


    v=kXDivflF5Bo&list=LLVHo1ibXc9u_bAeyld2tuw&index=10&t=0s

    Its on something called valuentertainment

    Joshua Philipp Interview – Award wining investigative reporter has a virtual sit-down with Patrick Bet-David. Watch Crossroads with Joshua Philipp

    Its quite long.

  10. Mad Mike permalink
    May 23, 2020 1:32 pm

    Joshua Philipp Interview – Award wining investigative reporter has a virtual sit-down with Patrick Bet-David. Watch Crossroads with Joshua Philipp

    On something called valuentertainment 14/05/20

  11. Mad Mike permalink
    May 23, 2020 1:36 pm

    I’ve just posted another link and that has disappeared too from this site as well.

  12. Mad Mike permalink
    May 23, 2020 1:49 pm

    Lets have another go. You’ll have to search for it.

    “Joshua Philipp Interview – Award wining investigative reporter has a virtual sit-down with Patrick Bet-David. Watch Crossroads with Joshua Philipp & Subscribe https://bit.ly/2yVxBGU

  13. Charly permalink
    May 23, 2020 3:07 pm

    More on China:

  14. markl permalink
    May 23, 2020 5:06 pm

    So this is nothing more than the AGW ‘plan’ coming to fruition. Destroy the West’s industry by limiting energy production and replace it with China’s industry who has openly said they will continue using fossil fuels unabated until at least 2030. At least, maybe longer. That should be enough time to destroy industry in the West and centralize it in China. Meanwhile the useful idiots continue supporting China’s/UN goal by demonizing fossil fuels and promoting energy production that cannot replace it.

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