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Energy 03 Nov 2021 | 7:00 AM

Japanese utilities cut profit outlook as energy costs spike

TOKYO: Surging energy costs have forced some Japanese utilities to slash their annual earnings forecasts, but they say they have prepared for the peak winter season with adequate fuel stocks and early plant maintenance to avoid unexpected shutdowns.

Analyst Reports 10 Nov 2021 | 7:00 AM

Push for mining giants to quit coal backfires

IT was supposed to be a big win for climate activists: another of the world’s most powerful mining companies had caved to investor demands that it stop digging up coal.

Energy 10 Nov 2021 | 7:00 AM

More effort to better guarantee power supply

BEIJING: China’s tight energy supply situation will gradually ease this winter and next spring following the government’s intensified efforts to boost coal supplies and cool skyrocketing prices amid a power crunch in some parts of the nation, industry experts say.