China Is Rapidly Expanding Its Oil Resources In Africa
China is making a major power play to expand its global energy influence . The United States has long played an outsized role in global geopolitics and energy markets thanks Continue Reading
China is making a major power play to expand its global energy influence . The United States has long played an outsized role in global geopolitics and energy markets thanks Continue Reading
U.S. President Donald Trump plans several new hard-line moves against China in the remaining weeks of his term, according to a senior administration official, potentially tying the hands of President-elect Continue Reading
China’s economic activity posted a broad-based recovery in October, paving the way for a faster economic rebound in the final quarter of the year. Both investment and consumer spending grew Continue Reading
China recorded 16.3 billion cubic m of domestic natural gas output in October, its second-highest monthly total as the country continues to boost investment in its upstream sector and cut Continue Reading
The US economy is facing an accelerating surge in coronavirus cases and harsh new restrictions on business activity without the cushion of meaningful fiscal support, raising fears of a blow Continue Reading
New U.S. cases topped 150,000 for the first time. Hospitalizations in the U.S. hit another all-time high. California became the second state in the country to surpass one million total Continue Reading
For those who have been transfixed on oil demand forecasts over the last eight months, the recent news that Pfizer’s Covid-19 vaccine is 92% successful likely came with a renewed Continue Reading
China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers usually reserved for crude oil. Unipec, the trading arm of Continue Reading
A sharp worsening in relations between Australia and China could threaten a deal that would have seen Woodside Petroleum sell a stake in a natural gas field and in the Continue Reading
New U.S. cases topped 150,000 for the first time. Hospitalizations in the U.S. hit another all-time high. California became the second state in the country to surpass one million total Continue Reading
Eight days after the U.S. hit 100,000 cases in a day for the first time, the number topped 160,000 on Thursday. Dr. Anthony Fauci called on the country to “double Continue Reading
After parts of Europe went into lockdown again last week, a new wave of lockdowns throughout the world are threatening to tamp down oil demand yet again—and just when things Continue Reading
After a year of non-existent liquefied natural gas (LNG) exports from one of the fastest-growing global suppliers, the United States, to the fastest-growing world importer, China, American LNG cargoes started Continue Reading
Tanks of liquid oxygen and tents for Covid-19 patients at the Hospitals of Providence Sierra in El Paso, Texas.Credit…Joel Angel Juarez for The New York Times Alex M. Azar II, Continue Reading
Pfizer Inc. said Monday that its COVID-19 vaccine may be a remarkable 90% effective, based on early and incomplete test results that nevertheless brought a big burst of optimism to Continue Reading
Glaciers in China’s bleak, rugged Qilian mountains are disappearing at a shocking rate as global warming brings unpredictable change and raises the prospect of crippling, long-term water shortages, scientists say. Continue Reading
Chinese refineries will likely have to lower utilization rate in 2021 amid growing refining capacity and limited oil product outlets overseas, Han Bing, marketing director at PetroChina’s sales division said Continue Reading
The coronavirus pandemic raged across the United States last week, as the country elected a new president, with the daily number of new infections hitting record highs for four straight Continue Reading
The U.S. may still face a wave of debt defaults and “significant declines” in asset prices because of the coronavirus pandemic and recession, the Federal Reserve warned on Monday in Continue Reading
Pfizer Inc. said Monday that its COVID-19 vaccine may be a remarkable 90% effective, based on early and incomplete test results that nevertheless brought a big burst of optimism to Continue Reading
The announcement that Pfizer’s coronavirus vaccine is more than 90 percent effective at preventing Covid-19 infections — much better than many anticipated — is cause for celebration. With a vaccine Continue Reading
The pandemic shows no signs of slowing, with worldwide infections surpassing 50 million. Cases in the U.S. topped 100,000 for a fourth day, bringing the nation’s total close to the 10 Continue Reading
China’s purchases of key commodities fell in October from the prior month, mainly because of seasonal factors including an extended holiday at the start of the month in the world’s Continue Reading
China’s meat imports this year are on track to reach the highest ever as the world’s top pork consumer increases purchases to meet demand after African swine fever slashed domestic Continue Reading
The global geopolitical power map is changing. While oil has been king of the world for centuries, it’s becoming irrefutably clear that the once invincible resource and bestower of geopolitical Continue Reading
China’s crude oil imports in October registered the first year-on-year decline since April, with a 6.5% drop to 10.06 million b/d or 42.56 million mt, as refiners slowed down on Continue Reading
China’s soybean imports in October surged 41% on the year as the country’s recovery from African swine fever supported the demand for the animal feed. Receive daily email alerts, subscriber Continue Reading
The governor of the U.S. state of Utah, Gary Herbert, declared late on Sunday a new state of emergency to address hospital overcrowding in response to weeks of stress on Continue Reading
The United States became the first nation worldwide since the pandemic began to surpass 10 million coronavirus infections, according to a Reuters tally on Sunday, as the third wave of Continue Reading
China exports grew at the fastest pace in 19 months in October, while imports also rose, official data showed on Saturday, as the world’s second-largest economy continued to recover after Continue Reading
China inked its first term deal to buy liquefied natural gas from an American exporter since the trade war disrupted deliveries, a sign of confidence that relations with the U.S. Continue Reading
China’s export growth accelerated in October, boosting the total so far this year back above pre-coronavirus levels for the first time. Exports in October rose 11.4% over a year earlier Continue Reading
ew York reported the most new cases since early May, while Mayor Bill de Blasio said New York City is “really threatened with a second wave.” New Jersey is on Continue Reading
U.S. coronavirus infections surged by at least 129,606 on Friday, according to a Reuters tally, the third consecutive daily rise of more than 100,000 cases as a third wave of Continue Reading
A rule of thumb in election years is that presidential candidates woo their political base with bold policies in primaries, then take the partisan edge off to court undecided voters in the fall. So Continue Reading
More Europeans are seriously ill with the coronavirus than ever before, new hospital data for 21 countries shows, surpassing the worst days in the spring and threatening to overwhelm stretched Continue Reading
China’s central bank once again raised the topic of exiting its monetary easing policies, in sharp contrast to the U.S. and Europe, where a resurgence in virus cases has forced Continue Reading
They were feverish and desperate, confined to their cars in a slow single-file line as they waited for coronavirus tests. A few rolled down the windows to let the 72-degree Continue Reading
A nasal spray that blocks the absorption of the SARS-CoV-2 virus has completely protected ferrets it was tested on, according to a small study released on Thursday by an international Continue Reading
China has ordered traders to stop purchasing at least seven categories of Australian commodities, ratcheting up tensions with a key trading partner in its most sweeping retaliation yet. Commodities traders Continue Reading
Medical staff members load a patient on an ambulance after arriving on a plane during a transfer operation of people suffering from the coronavirus disease (COVID-19), from Avignon to Vannes Continue Reading
The Northeast held back the coronavirus tide this summer after enduring the worst of America’s catastrophic first wave in the spring. But now states like Maine, Rhode Island and Connecticut Continue Reading
Nearly a year into the global coronavirus pandemic, scientists, doctors and patients are beginning to unlock a puzzling phenomenon: For many patients, including young ones who never required hospitalization, Covid-19 Continue Reading
Cranes and diggers busily prepare land beneath the red and white striped chimneys of the Mengtai Group coal-fired power plant at the northern city limits of Ordos, in northern China’s Continue Reading
Chinese steel mills have received verbal notices from the Ministry of Commerce to stop importing Australian coals starting Nov. 6, several sources close to the matter told S&P Global Platts Continue Reading
China’s Ministry of Commerce said Nov. 2 that qualified refineries and trading companies will be able to apply for up to 243 million mt (4.86 million b/d) of crude oil Continue Reading
Coronavirus cases continued their grim climb in the United States on Sunday with Midwestern states experiencing record hospitalizations, as increasingly bitter rhetoric kept the virus front and center of campaigning Continue Reading
One video shows bodies in plastic bags stacked in the basement of a hospital in the Siberian city of Barnaul after a morgue overflowed. “Well, this is how it is,” Continue Reading
Stockholm has paused home COVID-19 testing for four days after surging demand left 16,000 people waiting for tests for active infections in Sweden’s biggest city, overwhelming the system, regional authorities Continue Reading
Several European countries are tightening restrictions this week, starting with a partial shutdown Monday in Germany, as authorities across the continent scramble to slow a rapid rise in coronavirus infections Continue Reading