Coal needed to provide backup power Feedstock for hydrogen production CCUS a top priority for China China’s strategy to achieve net zero will require large-scale deployment of carbon capture, usage Continue Reading
China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/Files Continue Reading
The super-contagious Delta variant of the coronavirus is now responsible for about one in every five Covid-19 cases in the United States, and its prevalence has doubled in the last Continue Reading
The rapid spread of the delta variant of the coronavirus is poised to divide the United States again, with highly vaccinated areas continuing toward post-pandemic freedom and poorly vaccinated regions threatened Continue Reading
African countries from Uganda to South Africa are buckling under a ferocious third wave of coronavirus infections as the continent falls far behind the rest of the world in vaccinations. The Continue Reading
More than 90 countries are using Covid shots from China. Experts say recent infections in those places should serve as a cautionary tale in the global effort to fight the Continue Reading
In a dramatic reversal of fortunes, Beijing has announced huge cutbacks in import quotas for the country’s private oil refiners. According to Reuters, China’s independent refiners have been awarded a Continue Reading
Highlights China’s bitumen imports hits all-time high of 4.16 mil mt in May Imports as of June 12 still high at around 1.4-1.5 mil mt China’s independent refineries and trading Continue Reading
The highly transmissible Delta variant of the Covid-19 virus is spreading so rapidly in the U.S. that it could become the dominant strain in the next two to three weeks, researchers said, Continue Reading
Some countries do not have enough Covid-19 jabs to continue their vaccination programmes A large number of poorer countries receiving Covid-19 vaccines through a global sharing scheme do not have Continue Reading
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 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 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
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
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 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’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
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
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
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
Chinese officials are drawing up plans to further loosen birth restrictions and transition toward policies that explicitly encourage childbirth, according to people familiar with the matter, reflecting increased urgency in Continue Reading
The Chinese government said on Wednesday that “about five” of the uranium fuel rods inside a nuclear power plant in southeastern China had been damaged, but added that no radiation had leaked Continue Reading
Highlights State-owned refineries contribute to rise High throughput is sustainable Crude output up 3.5% on year to 4.03 mil b/d China’s crude throughput in May rose 4.4% year on year Continue Reading
China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the Continue Reading
High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use as a feedstock, and a sweltering summer in the Middle Continue Reading
The U.S. is entering a new phase of the Covid-19 pandemic as people settle back into normal life thanks to vaccines, but public-health authorities are preparing for Americans to live Continue Reading
The European Union agreed to open the door to American tourists for the first time since the coronavirus pandemic began, giving a boost to the continent’s crucial tourism industry and Continue Reading
It was strong demand for gasoline in China that drove the country’s crude oil demand higher, Bloomberg has reported , citing estimates from CNPC and Sinopec along with analysts. Gasoline Continue Reading
Beijing says the safety of its nuclear power plant in southern China is “guaranteed,” following alarming reports about a fission gas leak in recent weeks. Zhao Lijian, a spokesperson for Continue Reading
Environment ministry says no radiation increases outside plant Says some fuel rods damaged but still within safety parameters Says reports of change in detection standards are “erroneous” BEIJING, June 16 Continue Reading
A nuclear power plant in southeastern China could turn into an “imminent radiological threat,” the part owner of the facility, a French company, has told the United States, CNN reported Continue Reading
A nuclear reactor and related factilities as part of the Taishan Nuclear Power Plant, to be operated by China Guangdong Nuclear Power (CGN), is seen under construction in Taishan, Guangdong Continue Reading
A Chinese-backed coal-fired power plant in Bangladesh that’s been the site of deadly crackdowns on protests has now been accused of failing to ensure proper environmental inspections. The Environmental Impact Assessment Continue Reading
Russia’s capital has ordered workers to remain at home this week and reopened several makeshift coronavirus hospitals after cases of Covid-19 surged to the highest levels this year. The additional vacation Continue Reading
Germany has recorded its lowest number of new daily coronavirus infections in nearly nine months, and officials are floating the possibility of loosening mask-wearing rules. The Robert Koch Institute, the Continue Reading
China will stop subsidizing new solar farm projects, distributed solar projects for commercial users, and onshore wind farms as soon as this year, Reuters reported, citing the central planning authority Continue Reading
The news media call it “freedom day,” the fast approaching moment when England’s remaining coronavirus restrictions are scheduled to be cast off at last, allowing pubs to fill to capacity, Continue Reading
More people have died from Covid-19 already this year than in all of 2020, according to official counts, highlighting how the global pandemic is far from over even as vaccines beat Continue Reading
China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said this week, as quoted by Continue Reading
China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of congestion, incurring hefty demurrage Continue Reading
Probe set to reduce PetroChina Fuel Oil’s imports Five refineries facing cuts to import quota volumes Consumption tax to slash bitumen blend imports Crude oil imports by China’s independent refineries Continue Reading
Highlights IEA report lacks differentiated approach between developed and developing countries Rapid phasing out of fossil fuels could destabilize energy supply, power grids Changing consumer habits, market mechanisms key to Continue Reading
China’s top economic planners have put the brakes on attempts by environmental officials to reduce carbon emissions as driving growth takes priority over meeting climate targets for now, according to Continue Reading
Chinese authorities have ordered a unit of state-run PetroChina to stop trading off crude oil import quotas with local refineries as part of a crackdown on excessive fuel production, a Continue Reading
For the second time in six months, Chinese provinces are rationing electricity as the nation’s grids struggle to manage a surge in demand. This time, it’s partly because residents are Continue Reading
China is considering imposing a cap on the price of thermal coal as it struggles to contain high energy costs ahead of peak demand over the summer, Bloomberg reported on Continue Reading
China’s state-controlled energy giant Sinopec aims to set up plants that can make 500,000 tonnes of hydrogen a year from renewable energy sources by 2025, a company executive said at Continue Reading
China’s efforts to control raw materials costs could include price limits on its runaway coal market, underscoring the government’s tough stance on taming inflation. Beijing is considering imposing a cap on Continue Reading
Surging costs of imported commodities drove China’s factory-gate inflation to its highest level since 2008, raising the odds that exporters will begin passing on higher prices and boost inflationary pressures Continue Reading
The price of goods leaving China’s factories has risen at its fastest pace since the financial crisis, piling pressure on policymakers as they grapple with the effects of a global Continue Reading
