China has sent the military and thousands of healthcare workers into Shanghai to help carry out COVID-19 tests for all of its 26 million residents as cases continued to rise Continue Reading
In late March, as Shanghai residents began to worry that rising coronavirus infections would lead the city into its first mass lockdown, authorities turned to social media to calm the Continue Reading
Shortages of food and medicine have left residents in China’s biggest city desperate and frustrated as authorities struggle to gain control of a Covid-19 outbreak. Shanghai, which has been forced Continue Reading
A seller of Russian crude gave Chinese buyers the flexibility to pay in yuan, as the energy giant attempts to keep its few remaining export channels flowing smoothly Geneva-based Paramount Continue Reading
Japan may expand a subsidy program for gasoline and other fuels among measures under consideration to ease soaring energy costs, the industry minister said on Sunday. The measure will be Continue Reading
A coronavirus outbreak is ravaging a hospital in Shanghai for older adults, underscoring the difficulties officials have had in containing infections even as the city imposed a 10-day staggered lockdown. Continue Reading
Recently I’ve been analyzing the growth in the public charging network in 2021, as we’ve just released BNEF’s 2022 Global EV Public Charging Update . Not surprisingly, Tesla is a Continue Reading
COVID-19 hospitalization numbers have plunged to their lowest levels since the early days of the pandemic, offering a much-needed break to health care workers and patients alike following the omicron Continue Reading
Cargoes of Russia’s ESPO crude loading in May have been offered to China for payments in yuan, as the world’s top crude importer continues to purchase Russian oil but is Continue Reading
About 16 million residents in Shanghai are being tested for the coronavirus during the second stage of the lockdown that shifted Friday to the western half of China’s biggest city Continue Reading
Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China. The new downstream projects with Sinopec follow this year’s earlier series of meetings in Beijing Continue Reading
In response to Putin’s aggression in Ukraine, many countries have introduced total bans on Russian crude. As a result, Russia has been forced to sell its oil at a heavy Continue Reading
China’s economy was losing momentum in the first quarter, even before the full impact of Russia’s invasion of Ukraine on commodity prices and global supply chains was felt. The country’s Continue Reading
No difficulty in pushing forward with Arctic LNG 2 CNOOC’s 2021 oil, gas output exceeds target Targets 1.64 mil-1.67 mil boe/d output in 2022 China’s state-run offshore giant CNOOC said Continue Reading
Activity in China’s manufacturing and services sectors contracted in March, according to official surveys that offer the first broad glimpse of the economic cost of efforts to contain the highly Continue Reading
China’s manufacturing and services activity contracted in March for the first time in almost two years, highlighting the economic strains of the government’s strict coronavirus measures. The official manufacturing PMI, Continue Reading
Highlights Considering ways to cut LNG, coal, oil dependency on Russia Building system for surveillance of coal supply for contingency To boost support via Jogmec for upstream oil, gas buys Continue Reading
March 30 (Reuters) – Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, dominated by the BA.2 Continue Reading
Lockdown restrictions in Shanghai have resulted in residents thronging supermarkets to stock up on essential supplies. Residents in Shanghai are scrambling to stock up on supplies while thousands quarantine in Continue Reading
More than 20,000 bankers, traders, and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through Continue Reading
Japan will ban the export of high-end cars and other luxury goods to Russia in its latest response to the Russian invasion of Ukraine, the trade ministry said on Tuesday. Continue Reading
Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of COVID-19 further rattle global supply Continue Reading
A lockdown in Shanghai marks another potential setback for China’s export machine, reigniting concerns over the risk of renewed disruption to global supply chains pummeled by the pandemic and war Continue Reading
As coronavirus outbreaks spread across China , Shanghai is introducing new rounds of lockdowns to be rolled out sequentially across the city’s neighborhoods, the city government announced on Sunday night, Continue Reading
Indonesian men fry krupuk, a rice cracker served with most meals, in Jakarta. The party backing President Joko Widodo is urging Indonesians to start boiling, steaming and roasting food instead Continue Reading
The Tesla Gigafactory in Shanghai. Bloomberg News Tesla Inc. is extending the production pause at its Shanghai plant to Thursday after the city was placed into a phased lockdown to Continue Reading
China began its most extensive lockdown in two years Monday to conduct mass testing and control a growing outbreak in Shanghai as questions are raised about the economic toll of Continue Reading
For all the focus on how Russia’s economy is in trouble, isolated and battered by western sanctions, China, its most important ally, faces serious tremors as well. No other major Continue Reading
China Petroleum & Chemical Corp. better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing’s call Continue Reading
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing’s call Continue Reading
China Likely to Cut Loan Prime Rate in April Bloomberg News Sign up for Next China , a weekly email on where the nation stands now and where it’s going Continue Reading
China’s state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as sanctions Continue Reading
Moderna Inc. Covid-19 vaccine booster shots. Hong Kong’s leader has deflected blame for the failure to get the elderly vaccinated against Covid-19, while a new survey found that nearly half Continue Reading
In February, Russia’s President Vladimir Putin and China’s Xi Jinping declared that their friendship had no limits. Now, the war in Ukraine is testing that relationship. WSJ’s Shelby Holliday explores Continue Reading
China is fighting the worst Covid outbreak since 2020, and analysts are considering a revision of their oil demand forecasts as refineries reduce run rates and lockdowns hurt consumption. According Continue Reading
Capacity offline in March lower than a year earlier Higher oil product yield to partly offset run cut Shandong independent refineries cut runs to 56% China’s crude throughput in March Continue Reading
A freight train carrying medical supplies bound for Madrid departs the city of Yiwu, in China’s Zhejiang Province, in June 2020. More than a million containers set to ride 6,000-plus Continue Reading
As coronavirus infections rise in some parts of the world, experts are watching for a potential new COVID-19 surge in the U.S. — and wondering how long it will take Continue Reading
North Korea conducted what is thought to be its largest intercontinental ballistic missile (ICBM) test ever on Thursday, militaries in South Korea and Japan said, marking a dramatic end to Continue Reading
China’s oil refiners are discreetly purchasing cheap Russian crude as the nation’s supply continues to seep into the market. Unlike India’s state-run oil refiners, which have issued a number of Continue Reading
Chinese internet users called it a “proxy war”: three weeks ago, two pensioners in a Shanghai park got into a fight over the Ukraine conflict that left Russia backing Shen Continue Reading
Geely is examining its future in Russia, casting doubt on expectations that China’s carmakers would push further into the country to take advantage of the exodus of international groups following Continue Reading
Imports may rise ahead of railway maintenance in April Domestic coal output, logistics hindered by COVID-19 lockdowns Spot offers for 5,500 kcal/kg NAR exceed guidance at Yuan 1,600/mt China’s seaborne Continue Reading
Japan not under COVID-19-led movement curbs first time since early Jan Gasoline spot prices rise 37% year on year Japan’s domestic gasoline demand is expected to rise after the government Continue Reading
To boost non-fossil fuel share in electricity to 39% by 2025 vs 29% now Energy security to be ‘premise’ for China’s modern energy system Coal to have supportive role, plant Continue Reading
China’s increased reliance on coal to combat an energy shortage was never going to bode well for its ambitions to cut planet-warming emissions. Now, thanks to new analysis of satellite Continue Reading
Battery prices for electric vehicles are seeing a “ridiculous” increase on the back of soaring raw material prices, and carmakers will soon have to raise prices if they haven’t done Continue Reading
China is aiming for non-fossil fuels to account for around a fifth of its total energy consumption by 2025 and to strictly control coal consumption in heavy industry, as it Continue Reading
Japan on Tuesday issued an emergency plea for citizens, businesses and local authorities to conserve energy, warning of potential blackouts after a massive earthquake idled several power plants and unseasonably Continue Reading
Several Chinese state-owned refiners have returned to the Russian spot market to buy May-loading Urals crude barrels, attracted by their record discount to Dated Brent, refining sources told S&P Global Continue Reading
