Russia and China are making moves to dethrone the U.S. dollar in global oil markets. Russian and Chinese hydrocarbon giants, Gazprom and China National Petroleum Corporation, have agreed to switched Continue Reading
Metal prices powered to new highs in Spring on fears that rapidly rising energy costs would restrain supply. Bad news in China, however, has squashed those concerns. China’s zero-Covid policy Continue Reading
China’s southwestern province of Yunnan has ordered producers of electrolytic aluminium to reduce their power usage this week, the companies told Reuters on Tuesday. Yunnan’s decision is another sign that Continue Reading
The latest US effort to reduce reliance on China is striking hard at the Asian nation’s biotech stocks, as investors price in more indications of decoupling between the world’s two Continue Reading
Japan’s biggest oil refiner is drawing up plans to consolidate production as domestic demand slumps because of a shrinking population and efforts to cut emissions. Eneos Holdings Inc. has an Continue Reading
A northeastern province that was once one of China’s major coal and industrial hubs has launched a 600 billion yuan ($87 billion) plan to expand clean energy production. Liaoning province Continue Reading
Draconian Covid-related lockdowns have a direct and significant effect on China’s economic growth. The extended Covid-19 lockdown in Chengdu last week has led to a sharp selloff in crude oil Continue Reading
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. Continue Reading
The battle for the future of Australia’s climate policy is no longer about whether to cut carbon emissions — it’s about how fast to act. On one side, pro-climate lawmakers Continue Reading
This year, China’s annual oil demand may fall for the first time since 2002, largely driven by the country’s Covid policies. Minimal travel is expected during local holidays this September Continue Reading
