As the global pandemic hit, the world’s biggest maker of electric car batteries, a Chinese company now worth more than General Motors and Ford combined, suddenly faced its own crisis. Continue Reading
China’s gasoil output from refinery hit a record high of 16.45 million mt, or 4.09 million b/d, in November in response to Beijing’s call to ensure domestic supply, data from Continue Reading
The Omicron variant of the coronavirus is spreading faster than the Delta variant and is causing infections in people already vaccinated or who have recovered from the COVID-19 disease, the Continue Reading
The Omicron variant caused more than 70% of recent Covid-19 cases in the U.S., the Centers for Disease Control and Prevention said Monday, highlighting its substantial increase in infectiousness compared with earlier Continue Reading
China’s voracious appetite for natural gas has sparked a wave of deals with US exporters of the fuel, strengthening energy trade between the world’s two biggest economies even as their Continue Reading
A growing body of preliminary research suggests the Covid vaccines used in most of the world offer almost no defense against becoming infected by the highly contagious Omicron variant. All Continue Reading
Chinese companies are laying off tens of thousands of workers as Beijing’s regulatory clampdowns weigh on the technology, education and property sectors, which in many cases offered higher salaries than Continue Reading
Highlights Jan-Nov exports at 38.5 mil mt, exceeds 2021 export quotas Exports include quota-free re-export barrels Gasoil exports rise as oversupply at home China’s gasoline, gasoil and jet fuel exports Continue Reading
A booster shot of the Moderna coronavirus vaccine significantly raises the level of antibodies that can thwart the Omicron variant, the company announced on Monday. The news arrives as Omicron Continue Reading
Officials and public health experts are strengthening their calls for people to get booster shots as the omicron variant proliferates across the United States, where less than a third of Continue Reading
The risk of reinfection with the Omicron coronavirus variant is more than five times higher and it has shown no sign of being milder than Delta, a study showed, as Continue Reading
Independent Chinese refineries increased its crude oil imports from Iran last month as the government issued a new batch of import quotas. Total crude imports were up by almost 40 Continue Reading
China extended its defense of coal’s future after diluting demands for action at the COP26 climate summit, insisting a transition away from the dirtiest fossil fuel must be gradual. “In Continue Reading
Two years into the coronavirus pandemic, the United States is confronting another dark winter, with the red-hot Omicron variant threatening to worsen an already dangerous surge of cases. Hospitalizations for Continue Reading
Watch time-lapse footage showing the long Eurostar queue at London’s St Pancras station on Friday evening The Omicron variant is “spreading at lightning speed” in Europe and will likely become Continue Reading
AstraZeneca said on Thursday a lab-study of its COVID-19 antibody cocktail, Evusheld, found that the treatment retained neutralising activity against the Omicron coronavirus variant, showing promise for wider use of Continue Reading
Driven by high refinery throughput, China likely drew crude oil from its commercial and strategic inventories in November, according to estimates from Reuters columnist Clyde Russell . Chinese crude imports Continue Reading
Residents of America’s biggest cities are struggling to book vaccine appointments because of the rising wave of the Omicron coronavirus variant and a rush in demand for booster shots before Continue Reading
The U.K. recorded the highest number of confirmed new COVID-19 infections Wednesday since the pandemic began, and England’s chief medical officer warned the situation is likely to get worse as Continue Reading
A combination of China’s policies to curb pollution in time for the Winter Olympics, its crackdown on illegal practices at independent refiners, and its zero-COVID policy with intermittent lockdowns are Continue Reading
China’s Economy Slows as Property Slump Deepens China is likely to set a floor for economic growth of 5% next year as it tries to balance a desire to rein Continue Reading
China and Qatar have signed another long-term LNG contract, with Qatar set to send 1 million tons per annum to China starting in 2024 As a key U.S. ally and Continue Reading
The omicron variant appears to cause less severe disease than previous versions of the coronavirus, and the Pfizer vaccine seems to offer less defense against infection from it but still Continue Reading
The first large real-world study of how vaccines hold up against Omicron found that two shots of Pfizer Inc. and BioNTech SE’s Covid-19 vaccine lowered the risk of hospital admission by 70% for patients infected with the Continue Reading
Pfizer-BioNTech’s COVID-19 vaccine has been less effective in South Africa at keeping people infected with the virus out of hospital since the Omicron variant emerged last month, a real-world study Continue Reading
Executive Summary Absent any additional policies, our analysis in this alternative International Energy Outlook 2021 (IEO2021) case indicates that an increase in wages in China does not lead to a Continue Reading
Highlights Refining margins remain high ZPC raises throughput on the back of sufficient quotas Feedstock inventories fall for second month in a row China’s independent refiners in Shandong province lifted Continue Reading
China’s economy took a knock last month from an ongoing property market slump and sporadic Covid outbreaks, prompting economists to warn that recent easing measures may not be enough to Continue Reading
Highlights January-November throughput up 5% to 14.2 million b/d Throughput in 2022 to rise 512,000 b/d: Platts Analytics November crude output gains 2.7% on year to 3.99 mil b/d Chinese Continue Reading
Pfizer’s oral Covid treatment, Paxlovid, being produced in a laboratory in Freiburg, Germany. It includes a new pill, nirmatrelvir, as well as an existing medicine, ritonavir, that helps it remain Continue Reading
Top federal health officials warned in a briefing Tuesday morning that the omicron variant is rapidly spreading in the United States and could peak in a massive wave of infections Continue Reading
The Netherlands will extend COVID-19 restrictions through the Christmas holidays, including the early closure of schools, Dutch Prime Minister Mark Rutte said on Tuesday. The rapid spread of the Omicron Continue Reading
European Commission President Ursula von der Leyen arrives for a meeting of the College of Commissioners, in Strasbourg, France, Tuesday, Dec. 14 2021. The College will discuss on a comprehensive Continue Reading
Russian gas giant Gazprom said Dec. 14 its gas supply to China via the Power of Siberia pipeline continue to be above contract levels, and it plans further increases to Continue Reading
Two-dose COVID-19 vaccine regimens do not induce enough neutralising antibodies against the Omicron coronavirus variant , British scientists found, indicating that increased infections in those previously infected or vaccinated may Continue Reading
There’s No Evidence That Omicron Is Less Deadly, U.K. Virologist Says Leading scientists cautioned that the level of immunity against the coronavirus among South Africa’s population due to earlier infections Continue Reading
Chinese companies spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they’re seeking to lead the way in developing the next big thing in clean Continue Reading
People wearing face masks following the coronavirus disease (COVID-19) outbreak walk on a street in Shanghai, China, December 14, 2021. REUTERS/Aly Song SHANGHAI, Dec 14 (Reuters) – Multiple companies have Continue Reading
Less than a week after Evergrande and Kaisa. defaulted the markets have another property developer to worry about. Stephen Engle reports. Chinese property stocks plunged for a third day, heading Continue Reading
South Korea on Tuesday marked its deadliest day of the pandemic as an unrelenting, delta-driven spread stretched thin hospitals and left people dying while waiting for beds. Health experts warn Continue Reading
A proposed skyscraper in Shenzhen would grow food along the border of each of its 51 floors. A proposed Shenzhen skyscraper would include a 51-story hydroponic farm, as hopes grow Continue Reading
China punished and demoted 10 officials in the southern city of Guangzhou after thousands of banyan trees were cut down or uprooted by the local government, prompting a rare personal Continue Reading
The Omicron coronavirus variant has appeared for the first time in China, according to health authorities, piling pressure on officials already contending with an outbreak in one of the country’s Continue Reading
California will impose a statewide mask mandate in all indoor public spaces as COVID-19 case rates soar, the state’s senior government health official said on Monday as precautions ramp up Continue Reading
Israeli researchers said on Saturday they found that a three-shot course of the Pfizer/BioNTech (PFE.N) , (22UAy.DE) COVID-19 vaccine provided significant protection against the new Omicron variant. The findings were Continue Reading
More than a dozen Chinese-listed companies said they had suspended production in coronavirus-hit parts of China’s eastern Zhejiang province in response to local government’s tightened COVID-19 curbs, causing their share Continue Reading
Nearly two-thirds of US companies are planning to require at least some of their workers to get vaccinated against Covid-19 regardless of whether they are legally bound to do so, Continue Reading
Tens of thousands of people rallied in Vienna on Saturday in protest against restrictions introduced to halt the spread of coronavirus in Austria, including mandatory COVID-19 vaccines and home confinement Continue Reading
Britain faces a “tidal wave” of the Omicron variant of coronavirus and two vaccine doses will not be enough to contain it, Prime Minister Boris Johnson warned on Sunday, as Continue Reading
Britain said on Monday that the Omicron variant of coronavirus was spreading at a “phenomenal rate” and accounted for about 40% of all infections in London so people should get Continue Reading
