A new goal pledges to cut carbon emissions per unit of gross domestic product by 17% by the end of the decade, and compares to a previous objective to deliver an 18% reduction in the five years through 2025 — which annual reports said was narrowly missed.

Millions of barrels of Russian oil stored on tankers at sea could still provide Indian refiners with a quick and cheap solution, provided they get the nod from New Delhi.

Deliveries of Russian crude to Chinese ports rose to 2.09 million barrels a day in the first 18 days of February, vessel-tracking data compiled by Bloomberg show. The increase — from 1.72 million barrels a day in the whole of January and 1.39 million in December — has more than offset a drop from India.

During a public ceremony at China’s Great Hall, Canada’s Minister of Energy and Natural Resources and his Chinese counterpart signed a renewed pact that promises greater cooperation on clean and non-renewable energy.

Against a backdrop of intensifying Western economic coercion, renewed attempts to weaponize trade, the slowdown in Russia–China bilateral trade, and the U.S.-India oil narrative curbing India’s imports of Russian energy, as well as visible stress fractures in the global energy system, the Putin-Xi dialogue emerged as a crucial strategic calibration for Russia and China.

Since early 2024, China’s emissions have been flat or declining, according to multiple independent trackers, even as power consumption climbed.

The Chinese power group CHN Energy (CEIC) has commissioned the first 660 MW of its 2,640 MW Zhongwei coal-fired power plant project in the Gobi Desert, in the Autonomous Region of Ningxia, in northern China (CEIC press release, 03/02/2026).

Agreements were reached to boost supply volumes via the Power of Siberia pipeline from 38 bcm per year to 44 bcm per year and to increase supply volumes via the Far Eastern route from 10 bcm per year to 12 bcm per year.

Russia has remained China's largest crude supplier, but those flows fell to 2 million b/d (83.15 million metric tons) in the first 10 months of 2025, down 7.7% year over year, according to data from China's General Administration of Customs.

"Our cooperation in the energy sphere is of a special, strategic nature and spans the oil, gas, coal and nuclear sectors," Mishustin told Li, according to a transcript from the meeting published on Russia's government website.