Chinese Refineries Processed 20% More Crude In March
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year thanks to the recovery in demand for fuels and China’s Continue Reading
Expat Americans Fly Home for Covid-19 Vaccination Shots
Frustrated by slow and uncertain vaccination drives around the world, some of the nine million Americans living abroad are coming home to get their Covid-19 shots. For many, the risks of Continue Reading
China ‘can save $1.6 trillion by scrapping coal’, report says
Coal-fired power stations are still a major part of China’s energy production China can save up to $1.6 trillion (£1.2 trillion) over 20 years by switching from coal power to Continue Reading
China’s Q1 GDP grows at record pace as recovery speeds up
China’s economic recovery quickened sharply in the first quarter to record growth of 18.3% from last year’s deep coronavirus slump, propelled by stronger demand at home and abroad and continued Continue Reading
China’s Q1 coal output rises 16% on strong demand for winter heating
A general view of the Xilutian coal mine in Fushun, Liaoning province, China June 26, 2018. REUTERS/Stringer China’s coal output rose 16% in the first quarter from the same period Continue Reading
China’s Growing Refining Capacity to Hurt Global Fuel Margins
China’s ever-expanding oil refining capacity will increase competition among crude processors around the world and weigh on their margins, the nation’s biggest energy producer said. Refining capacity will reach 900 Continue Reading
Chinese Economy Grew More Than 18% in First Quarter
China’s economy surged 18.3% in the first quarter from a year earlier, a record rate of growth that reflected the recovery from a deep coronavirus-induced trough in early 2020 and the Continue Reading
China to increase oil product exports by 31.7% on year in 2021: ETRI
China’s oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021, as the recovery in the jet fuel market and an Continue Reading
Coronavirus Updates: A spring wave is crashing into 38 states
The pandemic now looks very different depending on where you are in the United States. While some states have seen the crisis start to dissipate, a spring wave of coronavirus infections Continue Reading
China’s Q1 GDP growth seen hitting record 19% as domestic, global demand recovers
China’s economy likely grew at a record pace of 19% in the first quarter, rebounding from a pandemic slump early last year as demand recovered at home and abroad and Continue Reading