Which Countries Are Still Selling Coal To China?
Back in April, in the midst of a contentious trade spat and unofficial coal embargo between China and Australia, Oilprice speculated that the winner of the battle may not be Continue Reading
China’s oil demand recovers as COVID impact eases, more quotas eyed
China’s demand for spot crude appears to be recovering after nearly five months of slower purchases caused by a shortage of import quotas, drawdowns from high inventories and COVID-19 lockdowns Continue Reading
China’s CNOOC launches first offshore carbon capture project
China’s top offshore oil and gas producer, CNOOC, has launched the country’s first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more Continue Reading
Sinopec plans to spend $4.6 bln on hydrogen energy by 2025
China’s Sinopec Corp plans to spend 30 billion yuan ($4.6 billion) on hydrogen energy by 2025 as the state oil and gas major pivots to producing natural gas and hydrogen Continue Reading
The U.S. reaches 100,000 average daily Covid hospitalizations for the first time since winter.
The daily average for hospitalized Covid-19 patients in the United States is now more than 100,000. That average, calculated over the last seven days, is higher than in any previous Continue Reading
Customs detains Chinese solar panels over forced labor
U.S. officials have begun blocking the import of solar panels that they believe could be products of forced labor in China, implementing a recent ban that could slow the construction Continue Reading
PetroChina to add 3.5 mil mt standard coal/year of green energy capacity in 2021
PetroChina has targeted increasing its green energy production and utilization capacity by 3.5 million mt standard coal/year in 2021, as part of its effort to meet emission peak by around Continue Reading
Australia logs record COVID-19 cases, driven by New South Wales
Australia reported a record 1,126 coronavirus infectious on Saturday, the vast majority in New South Wales, the epicenter of the Delta-fuelled outbreak. More than half of Australians have been in Continue Reading
Chinese Tech’s Brief Revival Is Already Showing Signs of Fatigue
Chinese tech stocks’ best weekly rally since January may not be enough to persuade some investors to return to a market still reeling from an unprecedented private-industry assault. JPMorgan Asset Continue Reading
Western states finalise Covid booster plans as developing world left behind
Wealthy countries are finalizing plans to roll out Covid-19 booster programs to counter the threat from waning vaccine immunity, decisions that will further squeeze the supplies available to the developing Continue Reading