Chinese Refiner Reportedly Dodged $2 Billion In Fuel Taxes
An independent Chinese refiner may have avoided paying some $2 billion in taxes by falsifying the kind of fuels it sells, Bloomberg has reported , citing a report in a Continue Reading
China’s crude throughput to fall in July on independent refiner cuts, quota limits
Highlights State-owned refiners’ utilization rate at 82% in July China expected to cut July oil products shipments H2 product export quotas to cap refiners’ Aug run rates China’s crude throughput Continue Reading
China is defying US pressure to change its behaviour
As Wendy Sherman, US deputy secretary of state prepared to fly to China this weekend, Beijing imposed sanctions on seven Americans, in a tit-for-tat blow that illustrated the dismal state Continue Reading
Analysis: China crackdown could knock crude oil import growth to 20-year low
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading
Toyota Led on Clean Cars. Now Critics Say It Works to Delay Them.
The Toyota Prius hybrid was a milestone in the history of clean cars, attracting millions of buyers worldwide who could do their part for the environment while saving money on Continue Reading
China Evacuates Over 100,000 as Typhoon Hits Eastern China
Typhoon In-Fa made landfall in Eastern China on Sunday, causing the evacuation of more than 100,000 people, the cancellation of flights in and out of Shanghai and the halting of Continue Reading
Analysis: China crackdown could knock crude oil import growth to 20-year low
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading
Merkel aide warns virus surge in Germany may mean curbs for unvaccinated
Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day in about two months unless Continue Reading
The official pandemic death toll is horrific. The actual toll could be twice that.
The official pandemic toll is 4,140,700 deaths, but the dreadful cost is most certainly higher — perhaps twice the official estimates or more. Does it matter whether 8 or 10 million have died instead Continue Reading
Analysis: China crackdown could knock crude oil import growth to 20-year low
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades Continue Reading