The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to its refiners amid rallying international Continue Reading
India can potentially save 89.4 billion rupees ($1.2 billion) a year by shutting down some old coal-burning power plants and allowing newer ones to run for longer hours, according to Continue Reading
China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Continue Reading
In an attempt to increase pressure on Iran in order to push through a nuclear deal with Iran, the U.S. is considering cracking down on Iranian oil exports to China. Continue Reading
Japan’s ambitious energy shift to renewables is threatening future demand for liquefied natural gas as the country is the world’s largest importer of the commodity, Bloomberg reports . Japan last Continue Reading
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was Continue Reading
Within seconds, the scenic mountain valley resembled a war zone.“Guys, we have to run!” said a man filming the devastation unfolding in his hillside town in northern India on Sunday, Continue Reading
An independent Chinese refiner may have avoided paying some $2 billion in taxes by falsifying the kind of fuels it sells, Bloomberg has reported , citing a report in a Continue Reading
Highlights State-owned refiners’ utilization rate at 82% in July China expected to cut July oil products shipments H2 product export quotas to cap refiners’ Aug run rates China’s crude throughput Continue Reading
As Wendy Sherman, US deputy secretary of state prepared to fly to China this weekend, Beijing imposed sanctions on seven Americans, in a tit-for-tat blow that illustrated the dismal state Continue Reading
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading
The Toyota Prius hybrid was a milestone in the history of clean cars, attracting millions of buyers worldwide who could do their part for the environment while saving money on Continue Reading
Typhoon In-Fa made landfall in Eastern China on Sunday, causing the evacuation of more than 100,000 people, the cancellation of flights in and out of Shanghai and the halting of Continue Reading
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading
Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day in about two months unless Continue Reading
The official pandemic toll is 4,140,700 deaths, but the dreadful cost is most certainly higher — perhaps twice the official estimates or more. Does it matter whether 8 or 10 million have died instead Continue Reading
Indian Oil Corporation (IOC), the largest oil refiner in the country, looks to boost its crude oil refining capacity by one-third over the next half-decade as it believes gasoline and Continue Reading
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading
The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt Continue Reading
The In-fa typhoon, which caused devastating flooding in parts of China this week—claiming at least 33 lives—is expected to make landfall this weekend in a key area hosting some of Continue Reading
High oil prices and China’s crackdown on the use of oil import quotas could result in the lowest crude oil import growth at the world’s top oil importer since 2001, Continue Reading
State-sponsored Chinese actors targeted U.S. oil and gas pipeline companies in a spearphishing and intrusion campaign between 2011 and 2013, a Joint Cybersecurity Advisory, coauthored by the Cybersecurity and Infrastructure Continue Reading
For many migrant workers caught up in severe flooding in the central Chinese city of Zhengzhou, crossing town to stay with relatives in less affected areas or returning to their Continue Reading
Russia on Saturday reported 23,947 new coronavirus cases and a repeat all-time high in the number of deaths related to the virus, at 799. Russia has been in the grip Continue Reading
The Biden administration is raising the pressure on China, confronting it on cyberattacks and human rights and making tentative progress rallying allies to its side, while so far avoiding deep Continue Reading
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to curb Continue Reading
The world’s largest importer of liquefied natural gas (LNG) and one of the biggest importers of coal, Japan, aims to significantly raise the share of renewable power in its electricity Continue Reading
China aims to install more than 30 gigawatts (GW) of new energy storage capacity by 2025, its state planner said on Friday, as part of efforts to boost renewable power Continue Reading
BUDAPEST, Hungary (AP) — A new study suggests that a Sinopharm vaccine offers poor protection from COVID-19 among the elderly, raising questions for dozens of countries that have given the Continue Reading
The death toll from severe floods in central China rose to at least 33 people, local authorities said, as they grappled with the fallout from record rainstorms and faced questions over their Continue Reading
Some 4,000km from Japan, on a verdant, mangrove-lined island in south-eastern Bangladesh, sits one of the biggest and most controversial tests of Tokyo’s commitment to help phase out fossil fuels. Continue Reading
China’s power production hit all-time high in mid-July Thermal coal prices at all-time high on tight demand-supply Deep losses cap operating rates of gas-fired power plants China’s coal-fired and gas-fired Continue Reading
Highlights To export 300,000 mt gasoil, 600,000 mt jet fuel 2-year high gasoline crack encourages export increase China’s oil companies plan to further slash their exports of key oil products Continue Reading
A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago Continue Reading
A drubbing in world equity markets and a huge flight to safety into U.S. Treasuries this week suggests investors now doubt that a much-anticipated return to post-COVID normality is feasible Continue Reading
Azerbaijan risks significant economic shocks in the future if it continues to rely heavily on oil and gas as the main pillar of its economy, a new report from the Continue Reading
Just days before devastating floods hit the central Chinese city of Zhengzhou, its province of Henan endured heatwaves that swept across several industrial regions, threatening power outages. Now the city Continue Reading
While the rest of the world is trying to come to grips with the European Union’s proposed carbon border adjustment mechanism (CBAM) – which calls for the levying of charges Continue Reading
China offered millions of barrels of oil from its strategic state reserves this month in an unprecedented move to try and quell inflation brought on by rising costs of everything Continue Reading
A logo is pictured outside a building of the World Health Organization (WHO) during an executive board meeting on update on the coronavirus disease (COVID-19) outbreak, in Geneva, Switzerland, April Continue Reading
Indonesia has converted nearly its entire oxygen production to medical use just to meet the demand from COVID-19 patients struggling to breathe. Overflowing hospitals in Malaysia had to resort to Continue Reading
NEW DELHI (AP) — India’s excess deaths during the pandemic could be a staggering 10 times the official COVID-19 toll, likely making it modern India’s worst human tragedy, according to Continue Reading
An estimated two-thirds of people in India have Covid-19 antibodies, according to a new government survey that has raised hopes that the worst of the country’s pandemic crisis is over, Continue Reading
Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis as temperatures soar and demand for cooling surges, especially in Continue Reading
Roads and subway stations are submerged across China’s Henan province Torrential rain has caused severe flooding in parts of central China, leaving train stations and roads submerged. More than 10,000 Continue Reading
Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid Continue Reading
Areas in China have started to warn residents and businesses that peak summer demand amid a heatwave could lead to outages as electricity grids buckle under peak-load surges, Bloomberg reports Continue Reading
12 die in Zhengzhou subway flood; 4 deaths reported in Gongyi Henan hit by heavy rains since weekend; more rain forecast Provincial capital Zhengzhou, dozen other cities flooded ‘Flood prevention Continue Reading
Japan will raise its target for renewable energy in the country’s electricity mix for 2030 as it pushes to cut emissions to meet commitments under international agreements on climate change, Continue Reading
China must cut emissions sooner if the planet is to avoid climate “chaos”, US climate envoy John Kerry has warned, telling the Financial Times that he was keen to speak Continue Reading
