How Will China Relax Its Zero-Covid Grip? With Bubbles, Drugs and New Messaging
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Why China Should Want Russia’s Invasion To End
While a large coalition of countries has come together to condemn Russia’s invasion of Ukraine, China has refused to take sides in the conflict. China’s failure to condemn Russia and Continue Reading
China likely to lift March gasoline, gasoil outflows as export margins rise
Oil products price rise in Singapore outpaces China Current March gasoline outflows set at 520,000 mt March gasoil export target at 500,000 mt Chinese oil companies are likely to lift Continue Reading
Half a million Australians face flood evacuation orders
Authorities in Australia issued more orders for people to leave their homes on Thursday after heavy rain triggered flash floods in its largest city, with officials warning of worse to Continue Reading
China Moves to Secure Commodities Rocked by Ukraine War
Officials order agencies to ensure energy, commodity supplies State-owned buyers to scour markets for oil, gas, iron ore Bloomberg News China’s top government officials have issued orders to prioritize energy Continue Reading
Russia-China Trade Stifled by Yuan’s Surge Against Ruble
It has just got a lot more expensive for Russia to deal with its biggest trade partner China. The yuan hit a record high against the ruble this week — Continue Reading
China ready to ‘play a role’ in Ukraine ceasefire
China signalled it was ready to play a role in finding a ceasefire in Ukraine as it “deplored” the outbreak of conflict in its strongest comments yet on the war. Beijing Continue Reading
SWIFT Ban Hits Russian Coal Exports To China
Chinese buyers of coal are having trouble securing financing to buy coal from Russia, the world’s third-largest coal exporter, as China’s banks are wary of sanctions themselves after selected Russian Continue Reading
China’s independent refiners cautious on procuring Russian crude due to payment challenges
China’s independent refineries have turned cautious of procuring Russian crudes following the escalation of the Russia-Ukraine military conflict , while difficulties faced in the issuance of letters of credit dampen Continue Reading
Iran offering fewer crude cargoes to Chinese traders as it prepares for lifting of sanctions: sources
Traders expect Iran to do away with discounts Iranian crude around $8/b cheaper than other similar grades Iran could supply 1.75 mil b/d by August: S&P Global Iran’s state-owned National Continue Reading
China buys more Iranian oil now than it did before sanctions, data shows
China’s purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. sanctions, tanker tracking data showed. Continue Reading
China Shunning Russian Coal With Banks Nervous Over Sanctions
Chinese power plants and steelmakers are looking for alternatives to Russian coal after some domestic banks suggested they avoid purchases due to the mounting sanctions being imposed on Moscow. Some state-own firms Continue Reading
Giant Floating Solar Flowers Offer Hope for Coal-Addicted Korea
Floating solar panels on the surface of the Hapcheon Dam in South Korea. The project can generate enough to power 20,000 homes, according to Hanwha Solutions. With little usable land Continue Reading
A look at key Russia-China crude oil ties as Ukraine crisis rages
Russia’s invasion of Ukraine has seen some of the harshest sanctions ever imposed on a nation and disrupted trade flows of energy and other commodities, even though such goods have Continue Reading
Hong Kong residents empty supermarkets ahead of city-wide lockdown
Hong Kong residents braced for a city-wide lockdown, emptying supermarkets and pharmacies, even as leader Carrie Lam called for calm on Tuesday and appealed for the public not to worry Continue Reading
China sees biggest growth in energy and coal use since 2011
China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier, data from the Continue Reading
Asian buyers shun Russian commodities as payment concerns mount
Banks cautious on payment channels for Russian commodities Traders, charterers avoid Russian tankers, oil cargoes from Far East Lack of foreign reserve access larger impediment to Russian commodity exports Many Continue Reading
U.S. Looks to Make China Pay for Close Ties to Russia in Ukraine Crisis
The U.S. wants to pry China away from its tight partnership with Russia. One step, U.S. officials said, is making Beijing feel pain over Russia’s invasion of Ukraine. Washington is looking to Continue Reading
TSMC and other chipmakers begin halting semiconductor deliveries to Russia
The global computer chip industry, including the giant Taiwan Semiconductor Manufacturing Company, has begun halting sales to Russia in the wake of U.S. sanctions aimed at punishing Moscow’s invasion of Continue Reading
China Stocks Up On Oil Despite Surging Prices And U.S. Call For Crude Release
Despite rallying oil prices this year, China has been stocking up on crude oil, ignoring U.S. calls for a global coordinated release from strategic reserves, Reuters reported on Friday, citing Continue Reading
Surging Energy Prices Could Derail China’s Coal Policies
The rally in energy commodities following Russia’s invasion of Ukraine could derail Chinese plans for using the guiding of the price of coal, which is still a major source of Continue Reading
Russia-Ukraine conflict puts China’s incremental crude appetite in spotlight
Russian energy flows not yet under US sanctions despite invasion China’s 2022 crude import growth seen at 536,000 b/d: Platts Analytics China may look for spot market bargains if other Continue Reading
Huge Chinese Desert Projects Will Power Next Wave of Wind, Solar
Solar panels in the Gobi desert, in Dunhuang, Gansu province, China. Bloomberg News China aims to greatly expand its wind and solar power capacity over the next several years through Continue Reading
China State Banks Restrict Financing for Russian Commodities
Why Russia’s Invasion Is Causing Anxiety in Beijing Bloomberg News At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities, underscoring the limits of Continue Reading
Japan says it will deal with oil release from reserves in cooperation with IEA, other nations
Japan said on Friday it will appropriately deal with oil release from national reserves in cooperation with the International Energy Agency and relevant countries, after Russia’s attack on Ukraine fueled Continue Reading
Japan Sees Nuclear Energy As A Vital Piece Of Its Net-Zero Plan
Prior to the Fukushima disaster, nuclear power accounted for almost 30% of Japan’s energy mix, though it has since dropped to just 6.2% Japan is looking to reboot its nuclear Continue Reading
Hong Kong rolls out vaccine passport and tighter COVID measures
Hong Kong rolls out a vaccine passport on Thursday that requires people aged 12 and above to have at least one COVID-19 vaccination and also tightened restrictions in a city Continue Reading
China calls on all countries to protect energy security
China’s foreign ministry said on Thursday that all countries should work together to jointly protect global energy security. Ministry spokesperson Hua Chunying was responding to a question at a regular Continue Reading
China ready to soften economic blow to Russia from Ukraine sanctions
China is ready to throw Russia an economic lifeline as Vladimir Putin’s ties with the west deteriorate and Moscow is hit by snowballing sanctions over the crisis in Ukraine. Putin Continue Reading
Chinese buyers hesitate to procure Russian coal amid Ukraine conflict: sources
Highlights Railway issues delay coal delivery from Russia Banks warn against coal trade with Russia: traders Ships warned against going to Suek port: traders Some buyers in China have been Continue Reading
Japan does not see sanctions on Russia causing major disruption to energy supply
In talks with oil, gas producers, IEA on supply contingency Has 240 days worth oil reserves, 2-3 weeks of LNG stocks Biden to meet G7 counterparts Feb. 24 Japan does Continue Reading
China’s Solar Power Growth to Soar in 2022 on Project Pipeline
China is forecast to add record solar power in 2022 despite continued high material costs as the country pushes forward with a massive renewable build-out to reach its ambitious climate Continue Reading
China’s trucked LNG price hits record high, Central Asian gas supply shrinks
Prices hit $25/MMBtu in some regions Central Asian gas supply to China cut over 10%: sources Post-Lunar New Year demand yet to fully recover China’s trucked LNG prices hit a Continue Reading
Got a Covid Booster? You Probably Won’t Need Another for a Long Time
As people across the world grapple with the prospect of living with the coronavirus for the foreseeable future, one question looms large: How soon before they need yet another shot? Continue Reading
China Plans to Feed 80 Million People With ‘Seawater Rice’
Jinghai district in northern China is hardly a rice-growing paradise. Located along the coast of the Bohai Sea, over half of the region’s land is made of salty, alkaline soil Continue Reading
First Hydrogen Train in Japan to Hit the Rails for Test Run
Japan’s first hydrogen fuel cell train “Hybari.” Japan’s largest railway company will begin testing the country’s first hydrogen-fueled train next month in a step toward the nation’s goal of becoming Continue Reading
China Says the Winter Olympics Are Carbon Neutral. They Aren’t
The Big Air Shougang, venue for the freestyle skiing and snowboard events for the Beijing 2022 Winter Olympic and Paralympic Games. The Beijing Winter Olympics’ claim to “carbon neutrality” is Continue Reading
Eneos can find alternative oil even if Russian supply disrupted -executive
Japan’s oil and metals giant Eneos Holdings Inc (5020.T) expects it will be able to procure alternative oil in spot markets even if it becomes difficult to buy crude from Continue Reading
CHINA DATA: Independent refineries feedstock imports fall 4.3% on month in January
The feedstock imports for China’s independent refineries fell by 4.3% to 16.38 million mt in January from the 11-month high in December 2021, latest data compiled by S&P Global Platts Continue Reading
China’s new Russian crude term deal unlikely to dent seaborne inflows
Rosneft signs 10-year pipeline crude supply deal with CNPC Inflows to help boost throughput in the region, fill SPRs Russian crude accounted for 15.5% market share in China in 2021 Continue Reading
China Battles to Contain Coal Price Surge as Dependency Worsens
China’s dependency on coal is likely to worsen this year as the authorities struggle to rein in prices after the Lunar New Year break. Chinese miners dug up more than Continue Reading
China Eases Property Loan Curbs as Housing Market Slumps
Apartment buildings at a residential project in Shanghai, China. Bloomberg News China eased a year-long cap on loans for the real estate sector to fund public rental housing, the latest Continue Reading
China locks down southern city as omicron variant surges
Residents wearing face masks to help protect from the coronavirus ride an electric scooter along a street decorated with red lanterns in Beijing, Tuesday, Feb. 8, 2022. China has ordered Continue Reading
Column: Rio’s dreadful workplace report may boost cost of energy transition: Russell
Rio Tinto’s decision to go public with a self-damning report into its workplace culture should be a watershed moment for a wider mining industry aiming to be seen as the Continue Reading
Tesla Escapes Tiny Niche Position as Japan Starts to Embrace EVs
A Tesla Model 3 inside the company’s showroom in Shibuya. Tatsuya Arai, a 36-year-old entrepreneur in Tokyo, never saw the appeal of owning a car until he watched a YouTube Continue Reading
China locks down city on Vietnam border as COVID cases rise
People wearing protective masks ride bicycles, as the coronavirus disease (COVID-19) pandemic continues, in Beijing, China January 30, 2022. REUTERS/Tyrone Siu BEIJING, Feb 7 (Reuters) – Authorities in China’s southwestern Continue Reading
Russia and China agree 30-year gas deal using new pipeline – source
Russia’s Gazprom has agreed a 30-year contract to supply China’s CNPC with natural gas from a new pipeline connecting Russia’s Far East with China’s northeast, an industry official with direct Continue Reading
Russia To Supply More Gas To China Via New Pipeline
Gazprom and China National Petroleum Corporation (CNPC) have signed a new deal under which the Russian gas giant will deliver natural gas to China via the Far Eastern route, Gazprom Continue Reading
Russia, China ink new energy deals amid rising Ukraine tensions
Russia and China signed new energy supply deals Feb. 4, as tension with the West over Ukraine underlines the strategic importance of further supply diversification to the East. Not registered? Continue Reading
China plans national power market by 2030 to boost decarbonization efforts
China aims to launch national power exchange when ‘time is ripe’ National power market to evolve alongside emissions trading Deepens power sector reform to boost renewables adoption China plans to Continue Reading