Is China Finally Moving Away From Coal?
The world finally seems to be leaning into the global clean energy transition in earnest. While world leaders have paid a lot of lip service to climate-smart developments in the Continue Reading
China Reports Major Oil And Gas Find At Record Depths
China National Petroleum Corporation has made an oil and gas discovery with reserves estimated at 900 million tons, Chinese media reported . The discovery was made after six years of Continue Reading
China cuts second batch of crude oil import quotas for private refiners
China has issued 35.24 million tonnes of crude oil import quotas to non-state refiners in a second batch of allowances for 2021, a 35% drop from the same slot last Continue Reading
Chinese Port Logjam Threatens Christmas Shipping Rush
The latest obstacle hitting global shipping is likely to jolt trade flows for several more weeks and could delay shipments heading into the year-end holiday shopping season. Shipping executives say around Continue Reading
Delta variant begins to spread, threatening EU’s Covid progress
The Delta coronavirus variant that swept the UK has become dominant in Portugal and appeared in clusters across Germany, France and Spain, prompting European health officials to warn further action Continue Reading
China Looks To Crack Down On Speculation As Coal Prices Break Records
China is looking to put soaring coal prices under control by starting an investigation into the market and coal prices to prevent speculation and hoarding of supply. Chinese state planner, Continue Reading
CHINA DATA: May exports of key oil products fall 21% on month to 3.8 mil mt
China’s exports of key oil products fell 21.6% month on month in May, showed preliminary data from the General Administration of Customs, or GAC, on June 18. The fall in Continue Reading
Massive China Hydropower Plant Begins Full Operation
The Wudongde hydropower plant on the Yangtze River has begun full operation, Reuters has reported , citing state-owned Chinese media. The 12-generator plant cost close to $19 billion to build Continue Reading
Bottleneck At Crucial Chinese Port Could Cause Trouble For Oil Shipping
A major bottleneck at a Chinese port is creating additional disruption to supply chains and global trade, two months after the Suez Canal blockage disrupted global shipping, including oil cargo Continue Reading
China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos
WATCH: The shutdown of one of China’s busiest ports drags on. James Mayger reports. Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Continue Reading