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Energy & Resources

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From Congo to cars

Why Chinese firms are snapping up cobalt mines in Africa
Jun 17, 2016 (WiC 329)

In the early 1960s the CIA plotted to assassinate the Democratic Republic of Congo’s first freely elected, post-colonial president, Patrice Lumumba. It was the height of the Cold War and the Kennedy administration was concerned the Soviet Union ...

Paying the price

Why Husky may sue its longstanding partner CNOOC over their gas deal
Jun 10, 2016 (WiC 328)

The working relationship between oil producer CNOOC and Li Ka-shing, one of Asia’s wealthiest men, goes back a long way. In late 1999 CNOOC was planning a New York listing but its IPO was cancelled due to weak investor interest. The state ...

China wants a say in fixing bullion prices
Jun 3, 2016 (WiC 327)

When Samuel Montagu set up his merchant bank in 1853, the British Empire was in its full pomp. The Great Exhibition – showcasing goods from across the empire – had been held in London two years earlier. That same year, gold had been ...

Shedding some light

Solar firm Wuxi Suntech’s president goes missing
May 13, 2016 (WiC 324)

China’s solar power industry has seen its share of dark days, and perhaps no company more so than Wuxi Suntech, which went bankrupt in 2013 before being revived by a bailout from Shunfeng Photovoltaic (see WiC212). But in early April the storm ...

How China’s steel industry is shaking Wales – and the rest of the world
Apr 15, 2016 (WiC 320)

Last November the historian Angela John published a book about Port Talbot called The Actor’s Crucible. It looked at a paradox: how this decidedly unthespian, industrial town had produced some of Britain’s greatest actors. Among the ...

Trouble for a northeastern coal giant
Apr 8, 2016 (WiC 319)

On either side of the Pacific Ocean, the world’s two largest economices have been grappling with the human consequences of shifting their economies away from polluting fossil fuels. In the US, the fallout has been markedly political, with a ...

Consumers ask why China’s petrol prices are so much higher than in US
Mar 11, 2016 (WiC 316)

A common conundrum for Chinese consumers is why the price at their petrol pumps is so much higher than in America. And with oil prices slumping over the past few months, they’ve also been asking why their fuel hasn’t been getting much ...

Aluminium foiled?

Six producers announce metals stockpiling scheme
Feb 5, 2016 (WiC 312)

In 1952 high school students levelling the ground for a sports field in Jiangsu stumbled across the tomb of Zhou Chu, a Jin Dynasty general who lived from 265 to 316. The body was long gone, but not the metal belt he had been wearing. Tests ...

Hanergy receives fresh blow from Swedish giant
Nov 13, 2015 (WiC 303)

Louis XIV of France, or the Sun King as he styled himself, holds the record as Europe’s longest reigning monarch (72 years, 110 days, in case you wondered). He was also one of its most extravagant. Testament to his lavish spending is the ...

Coalminers set for another five years in the cold
Nov 6, 2015 (WiC 302)

In 2009 China was roundly condemned in much of the West for doing its best to undermine the Copenhagen climate summit. Typical was an editorial in the UK’s Guardian newspaper: “China wrecked the talks... deliberately humiliated Obama and ...

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